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Compliance, Gaming and Gambling in Australia vs USA

Segpay

USA: Stricter data-sharing laws, including the Gramm-Leach-Bliley Act (GLBA) and inter-agency reporting for suspicious activity over $3,000 USD. Data Privacy & Cross-Border Compliance Australia: The Privacy Act 1988 applies, with additional AUSTRAC reporting for cross-border transactions over $10,000 AUD.

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On the Cusp of New ML in Financial Decision-Making: Understanding the Impact of Regulations

The Fintech Times

“Additionally, the Gramm-Leach-Bliley Act (GLBA) has been a long-standing concern for FIs and will continue to be for FIs using NPI to develop and train models. Navigating these regulations will be important from a deployer and developer perspective as banks balance efficient decision-making with demonstrable fairness.