Fintech News

DECEMBER 18, 2024

As of November , the ASEAN-ISE, now joined by the Philippine Stock Exchange, has collectively decided to issue a Request for Information (RFI) to identify tailored solutions that will drive the initiative toward its goals over the next three years. Products or business models failing to pass sandbox approval will be deemed illegal.

FinTech 117

FinTech Law Enforcement Financial Literacy Innovation 117

PYMNTS

JANUARY 23, 2019

There are no probes,” Deutsche Bank said in an emailed statement to Bloomberg, but noted it “received several requests for information from regulators and law enforcement agencies around the world.

Fed 55

Fed Money Laundering Federal Reserve Law Enforcement 55

PYMNTS

AUGUST 18, 2016

Undercover investigation is common in criminal law – but not in civil enforcement – because the 1974 Privacy Act states that government officials must identify themselves before seeking information from individuals. Thus, there is no Privacy issue.

CFPB 40

CFPB Law Enforcement Laws Request for Information 40

PYMNTS

APRIL 24, 2019

The Consumer Financial Protection Act of 2010 authorizes the CFPB to issue CIDs when looking into potential violations of the law. As a result of the policy changes, CIDs will now provide more information about the laws that might have been violated, as well as specify the activities subject to the CFPB’s authority.

CFPB 46

CFPB Consumer Financial Protection Bureau (CFPB) Laws Request for Information 46

Innovative Payments Association

OCTOBER 3, 2023

Since then, we have also held sessions in New York and Minneapolis with the goal of forging connections between the payments community and law enforcement. They also need to know how to verify requests for information or payment. This was the fourth Field Office event in a series that started last fall in Atlanta.

FBI 40

FBI Crime Law Enforcement Request for Information 40

PYMNTS

MAY 28, 2018

Democratic Representatives Keith Ellison of Minnesota and Emanuel Cleaver of Missouri are demanding answers from Amazon as to how its facial recognition technology dubbed Rekognition is being used by law enforcement agencies around the country. Two police departments in those states use the technology.

Law Enforcement 40

Law Enforcement Laws Request for Information Audit 40

PYMNTS

JULY 13, 2018

The tech company is also calling for laws to guide acceptable use, Reuters reported. The purpose of such a commission should include advice to Congress on what types of new laws and regulations are needed, as well as stronger practices to ensure proper congressional oversight of this technology across the executive branch.”.

Law Enforcement 43

Law Enforcement Regulations Laws Request for Information 43