PYMNTS

JUNE 24, 2019

This means Libra is likely to see more scrutiny from regulators as the project takes shape and eventually launches. That sentiment was reflected in part by the Bank for International Settlements (BIS), which said this past weekend that there should be coordinated regulations on cryptocurrencies. Beyond Cryptocurrencies.

Regulation 129

Regulation social media cryptocurrency United States 129

PYMNTS

SEPTEMBER 23, 2019

CUs are facing pressure on the regulatory side as well, with banking advocacy organizations like the American Bankers Association (ABA) pressuring federal regulators to block rule changes that would help CUs compete with large banks. Deep Dive: How CUs Leverage Social Media. percent and total deposits by 6.9 About the Tracker.

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social media Trends Michigan United States 157

PYMNTS

MAY 20, 2020

European Union (EU) regulators want feedback from users and digital service providers before they craft new rules that could manage giant tech firms Google, Facebook, Amazon and Uber, Reuters reported. Facebook Founder and CEO Mark Zuckerberg published “Charting the Way Forward: Online Content Regulation.”

Regulation 131

Regulation social media Google Survey 131

PYMNTS

JANUARY 11, 2019

banking regulators asked lenders to help workers who couldn’t pay their bills or needed credit in the meantime, according to a report from Reuters. Some have turned to social media for help, using online fundraising sites or even selling possessions. As Friday (Jan.

Regulation 139

Regulation social media Washington Conference 139

PYMNTS

SEPTEMBER 16, 2019

Calibra CEO David Marcus, who’s heading up the organization pushing the proposed Facebook cryptocurrency Libra, has taken to social media to dispel the idea that the crypto is a danger to the status quo of the global economy, according to reports. . Money, he said, will “strictly remain the province of sovereign Nations.”.

social media 156

social media National Regulation Payments 156

PYMNTS

DECEMBER 13, 2018

CUs are also actively communicating with law enforcement agencies, keeping regulators informed about suspicious activity, while receiving tips on noticeable trends that these same agencies are eyeing. Recently, though, many CUs have turned to technology-driven solutions to help members more efficiently communicate their needs and feedback.

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PYMNTS

OCTOBER 13, 2020

Across the globe, terrorists and criminals are leveraging cryptos in what is gearing up to be a significant national security threat to the United States. That’s according to the U.S. In the report from the U.S. The DOJ report stands as only the latest of warnings over the risks tied to cryptos.

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PYMNTS

AUGUST 24, 2020

Here’s the latest news from Facebook, Amazon and others, which are coming under increasing scrutiny from regulators, trade groups and politicians the world over. Regulations. The social media company has indicated that the Access Act, a proposed data portability law, is a first move in the right direction.

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PYMNTS

APRIL 24, 2020

The pilot was announced at a promotional event on Wednesday (April 22) that was organized by the National Development and Reform Commission and was attended by representatives from Tencent and Alipay, the Industrial and Commercial Bank of China, the Agricultural Bank of China, the Bank of China and the China Construction Bank.

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PYMNTS

FEBRUARY 2, 2021

Hodges, known as the “Rookie Bookie” on social media, made her comments less than three months after Tennessee became the 20th state to launch sports betting on Nov. It has rapidly become clear to me that this is a meaningful, material, national, new vertical for money-in and money-out, which is what we do for payments,” Edwards said.

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PYMNTS

SEPTEMBER 24, 2019

Bank of Japan Head Haruhiko Kuroda spoke to business leaders in Osaka about the importance of having a coordinated global plan to regulate Libra and other cryptocurrencies, Reuters reported on Tuesday (Sept. He urged policymakers to ensure that the highest level of regulation is applied to such assets.

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PYMNTS

AUGUST 23, 2018

China’s National Fintech Risk Rectification Office sees the moves as “targeted clean-up measures to maintain financial order and social stability,” according to reports. Why WeChat? The platform is one of the leading messenger platforms in China, with more than a billion user accounts worldwide.

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PYMNTS

JANUARY 23, 2020

Applebaum added that communities of color in New York City are more than twice as likely to lack access to a bank and are less likely to host a branch of a bank than the national average. Praising Torres and the other councilmembers, he said the bill would ensure that everyone can shop or eat at any place in the city.

New York City 236

New York City New York Retail social media 236

PYMNTS

JULY 7, 2020

Now there’s the Retail Industry Leaders Association (RILA) asking for help with mandating mask guidance regulations to protect store personnel. Social media has been full of news of anti-maskers wrecking displays – and weeks ago, even attacking a store clerk because of regulations requiring them to mask up inside stores.

Retail 151

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PYMNTS

JUNE 25, 2019

The Senate Banking Committee will hold its own hearing on the social media giant’s digital currency, called Libra, the day before. Regulators should see this as a wake-up call to get serious about the privacy and national security concerns, cybersecurity risks, and trading risks that are posed by cryptocurrencies.

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cryptocurrency social media Regulation Meeting 166

Independent Banker

MARCH 31, 2022

“I’m so inspired by the professionalism, integrity and commitment of our executive committee and board of directors as we work together to serve the needs of community bankers across the nation,” says Terry Jorde, ICBA senior executive vice president and chief of staff. ICBA president and CEO Rebeca Romero Rainey echoes this sentiment.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

OCTOBER 19, 2016

According to Brad Fauss, president and CEO of the Network Branded Prepaid Card Association, the recently released regulations on prepaid cards from the Consumer Finance Protection Board could be another instance of good intentions gone wrong. The updated regulations are slated to take effect Oct.

Regulation 100

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PYMNTS

AUGUST 9, 2018

Sharma previously served as the first director general of Unique Identification Authority of India, a government body in charge of India’s national identity card system, which is based on biometrics. The report noted that a cabinet panel signed off on the reappointment of Sharma until September of 2020.

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Regulation social media Apple Mobile 100

PYMNTS

AUGUST 18, 2019

Waters has been a vocal critic of the social media giant’s plans for its own digital currency. This raises serious privacy, trading, national security and monetary policy concerns for not only Facebook’s over 2 billion users, but also for investors, consumers, and the broader global economy.”. Last month she — along with Reps.

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US social media Policies cryptocurrency 173

PYMNTS

JANUARY 1, 2021

In other news, Miami Mayor Francis Suarez, a nonstop social media cheerleader for the notion of building a high-tech ecosystem in South Florida, publicly embraced exploring using cryptocurrency to store some government financial reserves and blockchain to secure processes such as online voting. If the U.S.

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PYMNTS

NOVEMBER 12, 2018

According to The Next Web , hours after moving all raised funds out of its wallet, the company shut down its website, deleted its social media accounts and kicked all users off its chat group. And Venezuela is trying to lure the world’s oil markets to start using its national cryptocurrency, the petro.

Marketing 179

Marketing cryptocurrency social media blockchain 179

PYMNTS

DECEMBER 24, 2020

Said Allaire of the bid to get digital currencies more front and center: “Regulators are getting their arms around them … the digital asset market is now moving, more and more, into the mainstream of finance, FinTech payments and banking world.”. And, of course, the crypto landscape extends well beyond bitcoin.

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PYMNTS

AUGUST 21, 2020

Facebook ’s Chief Marketing Officer Antonio Lucio is leaving the social media behemoth after just two years on the job to actively promote diversity in the technology sector. It is a time for reckoning for our nation and industry, and it is time for me to play a more active part in accelerating change.

Puerto Rico 143

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PYMNTS

SEPTEMBER 11, 2019

Jamal El-Hindi, the deputy director of the Financial Crimes Enforcement Network (FinCEN), spoke at the 2019 Money Transmitter Regulators Association Annual Conference on Wednesday (Sept. 11) about the importance of innovation and the regulation of non-banking financial institutions (NBFI), according to a release.

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PYMNTS

FEBRUARY 8, 2019

The country’s holiday tradition of people giving red envelopes stuffed with cash has — as befits a nation where consumers have embraced mobile payments and commerce more than just about anywhere else — turned digital. A demonstration of that truth came around again recently with the observance of the Chinese New Year in early February.

Examples 194

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Abrigo

OCTOBER 19, 2023

Launched to provide resources Cybersecurity Awareness Month was launched in 2004 by the National Cybersecurity Alliance (NCA) and the U.S. The idea was to create a national campaign to educate people about cybersecurity basics, such as using strong passwords, updating software, and avoiding phishing emails.

Online 221

Online Security Resources Training 221

PYMNTS

AUGUST 24, 2019

As new PYMNTS research documents, over the past year, 18 Major League Baseball (MLB), National Basketball Association (NBA), National Football League (NFL) and Major League Soccer (MLS) arenas have deployed biometric solutions by CLEAR. Attendance at NFL games declined from approximately 17.8 million people in 2016 to 17.2

Payments 161

Payments social media Mobile Seattle 161

PYMNTS

DECEMBER 6, 2019

Blackburn told Zhu in a letter in November that she worries the social media app “is paving the way for the Chinese government to gain unfettered and unsupervised access to our children’s lives.” (The CFIUS) has formally rolled out a national security review formally into the company’s acquisition of TikTok precursor Musical.ly.

Washington 100

Washington social media National Meeting 100

PYMNTS

MARCH 23, 2020

In addition, the regulator disputed Kik’s contentions that half of its sale was just for accredited investors. It contended that it had not had an unregistered securities sale as of the beginning of 2018 when the SEC first acted. The SEC contended that Kik sold tokens to investors with the idea that they would experience a return.

Bitcoin 132

Bitcoin social media Security blockchain 132

PYMNTS

SEPTEMBER 18, 2019

Before it publicly released its plans for Libra, Facebook met with the Finance Ministry, the central bank and regulators in the U.K. Engaging with regulators, policymakers, and experts is critical to Libra’s success,” a Facebook spokeswoman said. Money, he said, will “strictly remain the province of sovereign Nations.”.

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social media cryptocurrency Regulation United States 100

PYMNTS

JUNE 5, 2017

. “Regulators of all countries agree that it’s essential to develop a national digital currency, that it is the future,” Skorobogatova said. Based on the pilot projects which we are conducting, we will understand which system we could use in our case for our national currency.”

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social media Bitcoin National Fintech 101

PYMNTS

MAY 7, 2018

Despite Facebook’s recent data issues and a slew of negative press, a new poll shows that most of the social media site’s U.S. As a result, the company faced pressure from regulators, privacy advocates and shareholders, and its CEO Mark Zuckerberg faced two days of grilling on Capitol Hill.

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South State Correspondent

MARCH 15, 2023

Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio. 8) Deposit Impact of Social Media: SVB’s customer base and followers were highly active on Twitter and other social media properties.

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PYMNTS

JANUARY 19, 2018

Tencent operates the Chinese multi-purpose social media mobile application software platform WeChat, among other offerings. The condition is that they have to abide by Chinese law and regulations. And also that they would not do any harm to Chinese national security and national consumers’ interests.”.

Google 106

Google social media National Regulation 106

PYMNTS

JANUARY 30, 2018

29), the SEC’s complaint states that AriseBank “used social media, a celebrity endorsement and other wide dissemination tactics to raise what it claims to be $600 million of its $1 billion goal in just two months.” In addition, the agency was able to freeze the company’s assets and those of its two co-founders, CNBC reported.

Texas 111

Texas social media FDIC cryptocurrency 111

PYMNTS

OCTOBER 16, 2019

The social media site faced accusations that its ad-targeting platform — which allows ad buyers to select what demographic groups they want to target with their advertisements — was allowing and encouraging financial institutions (FIs) to violate non-discrimination provisions of the Fair Housing and Truth in Lending Acts.

social media 110

social media Online Groups Video 110

PYMNTS

MARCH 12, 2019

The challenges facing the international tax system are just far broader than how to tax social media and search engines,” Harter said. The best is to reach a consensus at the OECD , because once there is an international tax, France will withdraw its tax at the national level,” he said.

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Taxes Company US social media 132