All Technology articles – Page 8
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News BriefFTC proposes $5M penalty for NGL Labs, founders over COPPA violations
The Federal Trade Commission ordered anonymous messaging app creator NGL Labs and its two founders to pay $5 million for unfairly marketed to children and falsely claiming artificial intelligence filtered out bullying messages and threats.
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PremiumHow fintechs can overcome major compliance hurdles in embedded finance
Margaret Holmes Tibbets, chief compliance officer at financial technology company Pipe, explains how firms are facing an existential compliance crisis, and to survive they’ll need to overcome not one but two hurdles.
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PremiumBanks must bolster awareness of fintech partner risks, experts advise at Fordham
During a panel at Compliance Week’s Financial Crimes and Regulatory Compliance Summit, held June 10-11 in New York, experts discussed nuances in bank-financial technology partnerships, offering best practices for how banks should protect themselves.
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Blog
Sigma names new general counsel
Sigma, analytics and business intelligence provider, announced the addition of Ali Harmer as general counsel.
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WebcastCPE Webcast: Risk management at the speed of business
Are your risk management operations keeping up with the speed of business? In today’s digitized and interconnected world, organizations face increasing risk at a rapid pace.
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News BriefClearview AI agrees to pay stake in company to settle Illinois privacy lawsuit
Facial recognition company Clearview AI reached a preliminary settlement in a class action lawsuit alleging it violated the Illinois Biometric Privacy Act, with the company agreeing to compensate victims with stake in the company.
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PremiumCiti report: GenAI revolution will bring increased need for compliance
A new report on the use of artificial intelligence in financial services predicts that the technology will drive profits, disruptions, and change over the next decade.
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Greentown Labs adds MassCEC general counsel to board
Greentown Labs announced the addition of John Hitt, general counsel at the Massachusetts Clean Energy Center, to its board.
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Nutanix names chief legal officer
Hybrid multicloud computing company Nutanix announced it has named Brian Martin as chief legal officer.
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Horizon3.ai appoints chief legal officer
Horizon3.ai, an autonomous security solutions provider, announced the appointment of Jill Passalacqua as chief legal officer.
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News BriefDOJ orders consultants to pay $11.3M total for cyber rule violations
Guidehouse and Nan McKay and Associates will pay a total of $11.3 million to the Department of Justice (DOJ) to settle allegations that cybersecurity failures led to the theft of client personal information during the height of the COVID-19 pandemic.
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PremiumSEC, CFTC actively probe off-channel comms violations, top officials say
Two senior officials from the Securities and Exchange Commission and Commodity Futures Trading Commission described how both agencies are committed to rooting out off-channel communications among registered entities for the long term.
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OpinionTop-of-mind takeaways from TPRM Summit
Top-of-mind issues addressed at Compliance Week’s Third-Party Risk Management & Oversight Summit, held June 3-4 in Atlanta, included safe deployment of artificial intelligence, assessing vendor viability and sustainability, understanding the role of procurement in risk ranking, the intersection (or lack thereof) between data privacy and cybersecurity, and many others.
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News BriefEx-Synchronoss CFO fined, banned over SOX violations
The former chief financial officer at Synchronoss Technologies was fined a ban from the industry for widespread Sarbanes-Oxley Act violations.
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SPX Technologies announce legal chief
SPX Technologies announced the appointment of Cherée Johnson as its new chief legal officer and secretary.
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Seagate announces chief legal officer
Seagate Technology Holdings announced the appointment of Jim Lee as senior vice president, chief legal officer and corporate secretary.
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News BriefFormer CEO of AI recruiter Joonko charged with $27M fraud
The former chief executive officer of closed AI recruitment startup Joonko faces up to 40 years in prison and the potential of penalties levied by the Securities and Exchange Commission for allegedly defrauding investors of more than $27 million.
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WebcastCPE Webcast: Compliance programs under scrutiny
Explore government expectations for compliance programs and how companies facing regulatory scrutiny design and implement programs to position themselves for the best possible outcome.
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Blog
ByteDance names global general counsel
Social media app TikTok’s parent company ByteDance announced John Rogovin will join the company as global general counsel.
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PremiumBig Tech data for finance: Will FCA plans set trend?
Plans in the United Kingdom to share Big Tech data with financial services firms could prompt other industry regulators to follow suit or result in “unintended consequences” that see Meta, Google, and others growing market share.