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

Industry Groups Push Back Against Federal Cyber Incident Reporting Requirements
Industry Groups Push Back Against Federal Cyber Incident Reporting Requirements
July 09, 2024  |  Cybersecurity

If digital transformation is at the forefront of innovation, then cybersecurity is at the forefront of digital transformation. As the world goes digital, security-critical sectors...

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Fifth Third Bank Fined $20 Million for Improper Auto Lending Practices
Fifth Third Bank Fined $20 Million for Improper Auto Lending Practices
July 09, 2024  |  Regulation

Fifth Third Bank must pay $20 million to resolve litigation in its auto lending practices. The settlement followed an investigation by the Consumer Financial Protection...

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Traditional Banks Go Digital as Neobanks Face Regulatory Heat
Traditional Banks Go Digital as Neobanks Face Regulatory Heat
July 09, 2024  |  Digital Banking

As regulators draw a bead on neobanks, traditional financial institutions are acting more like neobanks. Open banking looks set to transform financial services in the...

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European Banking Authority to Consider Reporting Requirements for Nonbanks
European Banking Authority to Consider Reporting Requirements for Nonbanks
July 09, 2024  |  Regulation

European Banking Authority Chairman Jose Manuel Campa said the watchdog organization may make reporting requirements for nonbank financial institutions a “next step.” Campa said the...

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Report: Paytm Gets OK to Invest in Payments Subsidiary
Report: Paytm Gets OK to Invest in Payments Subsidiary
July 09, 2024  |  Regulation

Paytm has reportedly received government approval to invest $6 million in its crucial payments subsidiary. That green light came from a government panel overseeing investments tied...

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Delivery Hero Faces $433 Million EU Antitrust Fine
Delivery Hero Faces $433 Million EU Antitrust Fine
July 08, 2024  |  ANTITRUST

Germany’s Delivery Hero says it may face a “significant” fine over alleged antitrust violations. The online delivery service warned of the potential $433 million fine in a statement on...

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Ingo Payments’ Edwards Says Regulatory Tightrope Will Be BaaS’s Proving Ground
Ingo Payments’ Edwards Says Regulatory Tightrope Will Be BaaS’s Proving Ground
July 08, 2024  |  Bank Regulation

As the banking and payments business cross into the second half of 2024, many executives say we’re at a pivotal juncture — one that will...

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Amazon Gets 3 Weeks to Show Compliance With Digital Services Act
Amazon Gets 3 Weeks to Show Compliance With Digital Services Act
July 05, 2024  |  Amazon

The European Commission wants Amazon to prove it’s complying with the Digital Services Act (DSA). The watchdog group has given the tech giant until July...

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Visa and Mastercard Will Keep EU Tourist Fee Cap 5 More Years
Visa and Mastercard Will Keep EU Tourist Fee Cap 5 More Years
July 05, 2024  |  Credit Cards

Visa and Mastercard have reportedly agreed to extend caps on tourist card fees in Europe. As Reuters reported Friday (July 5), the card companies and European Union regulators...

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