regulations

Regulation is an abstract concept of management of complex systems according to a set of rules and trends. In systems theory, these types of rules exist in various fields of biology and society, but the term has slightly different meanings according to context.

Source: en.wikipedia.org

FCA Head Nikhil Rathi Says AI Has Benefits and Risks for Financial Inclusion
FCA Head Nikhil Rathi Says AI Has Benefits and Risks for Financial Inclusion
September 19, 2024  |  Artificial Intelligence

The hyper-personalization of insurance enabled by artificial intelligence could benefit some customers but render others “uninsurable,” Nikhil Rathi, CEO of the United Kingdom’s Financial Conduct...

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EU Wants Apple to Give Third Parties Operating System Access
EU Wants Apple to Give Third Parties Operating System Access
September 19, 2024  |  Regulation

European regulators want Apple to open its operating system to third-party developers. The European Commission began a pair of “specification proceedings” to ensure the tech...

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J.P. Morgan Execs: GenAI and Real-Time Data Expand Treasurer’s Toolkit
J.P. Morgan Execs: GenAI and Real-Time Data Expand Treasurer’s Toolkit
September 19, 2024  |  Technology

Data. Generative artificial intelligence. Regulations. Cash forecasting. If you recognized the chief financial officer in that series, you’re not wrong. If you saw the new...

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UK’s FCA Cautions Banks About Lowering Savings Rates Too Quickly
UK’s FCA Cautions Banks About Lowering Savings Rates Too Quickly
September 18, 2024  |  Bank Regulation

At a time when the market expects interest rates to continue dropping, the United Kingdom’s Financial Conduct Authority (FCA) is cautioning banks and building societies...

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AT&T to Pay $13 Million and Add Safeguards After 2023 Data Breach
AT&T to Pay $13 Million and Add Safeguards After 2023 Data Breach
September 17, 2024  |  Regulation

The Federal Communications Commission (FCC) has reached a settlement with AT&T that resolves the agency’s investigation into a January 2023 hack in which AT&T customer...

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CFPB Issues Guidance Targeting Banks’ ‘Phantom Opt-In Agreements’
CFPB Issues Guidance Targeting Banks’ ‘Phantom Opt-In Agreements’
September 17, 2024  |  Bank Regulation

The Consumer Financial Protection Bureau (CFPB) aims to stop banks from charging overdraft fees based on what it calls “phantom opt-in agreements” — cases in...

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As Bank Branches Shutter, UK Regulators Push New Cash ‘Access’ Rules
As Bank Branches Shutter, UK Regulators Push New Cash ‘Access’ Rules
September 16, 2024  |  Cash

Cash may not be king in the digital age, but the dollars and the coins are still essential. Regulators and central banks, through new laws...

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Lawmakers Question Banking Agencies’ Ties to ‘Opaque’ Global Organization
Lawmakers Question Banking Agencies’ Ties to ‘Opaque’ Global Organization
September 16, 2024  |  Regulation

Two U.S. lawmakers want the Government Accountability Office (GAO) to help them evaluate the memberships of federal banking agencies in a global governance body, the...

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FTC to Use PayPal to Send Refunds in FloatMe Settlement
FTC to Use PayPal to Send Refunds in FloatMe Settlement
September 16, 2024  |  Security & Fraud

The Federal Trade Commission (FTC) will begin sending refunded money via PayPal to consumers it said were harmed by online cash advance provider FloatMe. Consumers...

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