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

Beyond Traditional Banking: Insurance Emerges as Key to Diversifying Revenue
Beyond Traditional Banking: Insurance Emerges as Key to Diversifying Revenue
September 26, 2024  |  Insurance

Banks face a digital shift, pressures on deposits and competition for customer loyalty, so they must constantly fine-tune their operations, embracing new revenue streams and...

READ MORE >
US Moves to Secure Connected Car Economy by Banning Foreign Technologies
US Moves to Secure Connected Car Economy by Banning Foreign Technologies
September 25, 2024  |  Regulation

The U.S. government’s proposed ban on connected vehicle technology from China and Russia marks a significant shift in the approach to national security and cybersecurity...

READ MORE >
FTC Enforcement Sweep Targets ‘Fever Pitch’ of AI Scams
FTC Enforcement Sweep Targets ‘Fever Pitch’ of AI Scams
September 25, 2024  |  artificial intelligence

The Federal Trade Commission (FTC) announced five law enforcement actions that it said are part of a crackdown on deceptive artificial intelligence (AI) claims and...

READ MORE >
Meta, Klarna and Spotify Join Call for EU Regulations for AI
Meta, Klarna and Spotify Join Call for EU Regulations for AI
September 25, 2024  |  Artificial Intelligence

As European tech leaders urge regulatory clarity to stay competitive in artificial intelligence, New York lawmakers contemplate stricter controls, highlighting the global struggle to balance...

READ MORE >
CFPB’s Chopra: Consumers Need More Disclosure on Nonbank Risks
CFPB’s Chopra: Consumers Need More Disclosure on Nonbank Risks
September 25, 2024  |  Regulation

The Federal Deposit Insurance Corp.’s (FDIC) recent proposal on recordkeeping for bank deposits received from third-party, nonbank companies is a step in the right direction....

READ MORE >
UK’s FCA Proposes That Payments Firms’ Client Assets Be Held on Trust
UK’s FCA Proposes That Payments Firms’ Client Assets Be Held on Trust
September 25, 2024  |  Regulation

The United Kingdom’s Financial Conduct Authority (FCA) proposed requiring payments and eMoney firms to participate in a client assets (CASS) system in which funds and...

READ MORE >
Prosecutors to Consider Companies’ Use of AI When Assessing Compliance Programs
Prosecutors to Consider Companies’ Use of AI When Assessing Compliance Programs
September 24, 2024  |  artificial intelligence

Companies’ use of artificial intelligence (AI) is one of the things prosecutors will look at when assessing their compliance programs during investigations of criminal offenses...

READ MORE >
Lawmakers Probe Whether SEC Guidance on Digital Assets ‘Undermined’ Banking Regulators
Lawmakers Probe Whether SEC Guidance on Digital Assets ‘Undermined’ Banking Regulators
September 24, 2024  |  Regulation

Four lawmakers sent letters to the heads of financial regulators, asking for information about the development of the Securities and Exchange Commission’s (SEC) Staff Accounting...

READ MORE >
Overdraft Revenue Dwindles: Tech Solutions Emerge Amid Regulatory Headwinds
Overdraft Revenue Dwindles: Tech Solutions Emerge Amid Regulatory Headwinds
September 24, 2024  |  Banking

Last year, overdraft fees charged by banks — representing a revenue stream tied to account use — slipped by 24% to $5.8 billion. The industry...

READ MORE >