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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

PYMNTS

Here’s the latest news from the technology industry, which is coming under increasing scrutiny from governments and consumers around the world. As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report. Regulation.

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Maryland Launches eProcurement Portal With Nitor, Ivalua

PYMNTS

The state of Maryland has launched a new eProcurement system for the Maryland Department of General Services following a collaboration with source-to-pay and eProcurement FinTechs. The platform will be available for use by state agencies, local governments, municipalities, and various players within the education and school system.

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3 Signs your valuation firm’s technology is outdated

Abrigo

For valuation professionals looking to grow their practices, technology plays a critical role. As Tom Hood, executive director and CEO of the Maryland Association of CPAs, has said , “Time is never going to come to you; no one’s going to give it to you. Technology bolsters collaboration and communication among team members.

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i2c Announces Processing Partnerships, Product Launches

PYMNTS

Digital payment and banking technology provider i2c on Wednesday (Jan. CBTC, the release stated, wanted to tackle an issue in the Southern Maryland and Fredericksburg regions through introducing a credit program for businesses and consumers to compete with larger companies, intending to “level the playing field.”.

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Neiman Marcus Agrees To Pay $1.5M To Settle Payment Card Breach

PYMNTS

The Maryland Attorney General Brian Frosh announced Tuesday (Jan. In a press release , the Maryland AG said Neiman Marcus agreed to pay $1.5 The states’ investigations determined that around 370,000 payment cards were breached, including 8,323 associated with consumers in the state of Maryland.

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Google Slapped With Antitrust Lawsuit Filed By Coalition Of 38 States

PYMNTS

“This is a historic time for both federal and state antitrust authorities, as we work to protect competition and innovation in our technology markets.” .

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The Maryland Financial Consumer Protection Act of 2018 significantly increases state regulation

CFPB Monitor

Noting, among other things, “retrenchment” on the federal level, the Maryland Financial Consumer Protection Act of 2018 ( HB 1634 ) was signed into law on May 15, 2018. Changes relating to collection activity. The Commissioner is required to report annually on the implementation and effectiveness of the Ombudsman.