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

CFPB Rule 1033 Will Hasten Shift to Open Banking in US
CFPB Rule 1033 Will Hasten Shift to Open Banking in US
May 07, 2024  |  Payments Innovation

Back in October, the Consumer Financial Protection Bureau (CFPB) made public a new rule about data and data sharing. And it wasted no time signaling the intent behind it....

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Robinhood Crypto Target of Potential SEC Enforcement
Robinhood Crypto Target of Potential SEC Enforcement
May 06, 2024  |  Cryptocurrency

Robinhood’s cryptocurrency business could become the target of regulatory action. The trading platform said Monday (May 6) that it received a Wells Notice from the U.S. Securities and Exchange...

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Banking Regulators’ Guide to Third-Party Risk Management Spotlights Community Banks’ Vulnerabilities
Banking Regulators’ Guide to Third-Party Risk Management Spotlights Community Banks’ Vulnerabilities
May 06, 2024  |  Bank Regulation

The rise of open banking and FinTechs is changing the fabric of financial services. Data sharing and pacts between traditional financial institutions and digital-only innovators...

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Microsoft’s Facial-Recognition Ban Points to Growing Qualms Over Privacy 
Microsoft’s Facial-Recognition Ban Points to Growing Qualms Over Privacy 
May 03, 2024  |  Biometrics

Microsoft’s decision to ban police departments from using its Azure OpenAI Service for facial recognition reflects the technology industry’s struggle to balance the promises and...

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Google Asks Judge to Reject Proposed Changes to App Store
Google Asks Judge to Reject Proposed Changes to App Store
May 03, 2024  |  Legal

Google reportedly asked a judge to reject an Epic Games proposal that would reform how the Google Play store operates. Google said in a Thursday (May 2) court filing that...

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Wells Fargo: US Authorities Are Investigating Zelle Complaint Handling
Wells Fargo: US Authorities Are Investigating Zelle Complaint Handling
May 03, 2024  |  Regulation

Wells Fargo said Thursday (May 2) that U.S. authorities are investigating the handling of complaints about Zelle. This disclosure in a filing with the Securities and Exchange Commission (SEC)...

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New UK Law Spotlights Weak Security Features in Smart Devices
New UK Law Spotlights Weak Security Features in Smart Devices
May 02, 2024  |  Cybersecurity

Cybercriminals exploit various avenues to target consumers, with one particularly vulnerable point being bad default passwords. The United Kingdom has taken a step toward closing this security...

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Europe’s AI Paradox: Slow Adoption, Big Ambitions
Europe’s AI Paradox: Slow Adoption, Big Ambitions
May 02, 2024  |  artificial intelligence

Despite Europe’s reputation as a tech laggard, a cadre of companies is making big bets on artificial intelligence (AI).  While the region has been slow to...

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Report: Block Faces DOJ Probe Over Alleged Compliance Lapses
Report: Block Faces DOJ Probe Over Alleged Compliance Lapses
May 01, 2024  |  Regulation

Block, owner of Cash App and Square, is reportedly facing a Department of Justice investigation. Federal prosecutors are in discussions with an ex-employee about allegations of widespread compliance failures at Cash App and Square...

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