- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2025-01-13T19:39:00
The Consumer Financial Protection Bureau (CFPB) has issued a proposed rule aimed at protecting the privacy of the public when using novel digital payment systems, such as those offered by large technology platforms and video gaming companies.
The CFPB also issued a request for information to learn how Big Tech companies are–or are not–protecting consumer privacy.
Americans spend billions every year on immersive world video games, with the objective for many gamers to find unique loot. However, for gamers to attain these precious items they often have to buy in-game currencies. Financial institutions, and other companies engaged in payment transactions, are generally bound by strict privacy rules and rules to protect against fraud.
2024-11-21T18:30:00Z By Adrianne Appel
Big Tech digital payment apps will be subjected to increased oversight and requirements–similar to that of banks and credit unions–under a finalized rule by the Consumer Financial Protection Bureau.
2024-10-24T17:54:00Z By Adrianne Appel
Apple and Goldman Sachs have agreed to pay $89 million for alleged gross customer service failures related to Apple Card, the Consumer Financial Protection Bureau said.
2022-09-30T14:28:00Z By Neil Hodge
The EU’s proposed Cyber Resilience Act primarily puts pressure on tech manufacturers to ensure the cybersecurity of their products, but companies also have a duty of care to use the most secure products available.
2025-06-26T20:22:00Z By Oscar Gonzalez
In another sign of President Donald Trump’s focus on cryptocurrency, the head of the U.S. Federal Housing Finance Agency (FHFA) ordered Fannie Mae and Freddie Mac to create proposals to consider crypto assets for a single-family home mortgage.
2025-06-24T17:21:00Z By Ruth Prickett
Four years after Brexit, the U.K. and EU announced a “reset” that will ease barriers to importing and exporting food, drink, and agricultural produce. It may also harmonize rules around carbon emissions trading systems, simplifying compliance for multinational organizations that are large emitters, and enable more young people to gain ...
2025-06-20T14:20:00Z By Oscar Gonzalez
The U.S. Senate confirmed Olivia Trusty as commissioner for the Federal Communications Commission on Tuesday, marking a shift in agency staffing that gave commissioners nominated by President Donald Trump a majority of decision-making power. The move followed resignations of two commissioners earlier this month, each of whom had been nominated ...
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