Global
Global: Norway Imposes Fine on Meta, Facebook’s Owner, for Privacy Violations
Meta Platforms, the owner of Facebook, will face a daily fine of 1 million crowns ($98,500) for privacy breaches, starting from August 14, ...
Global
Global: Coinbase Urges US Federal Judge to Dismiss SEC Lawsuit
Coinbase Global has requested a judge to dismiss the U.S. Securities and Exchange Commission’s (SEC) lawsuit, which accuses the world’s largest publicly traded ...
Global
Global: Mastercard Introduces CVC-Less Payments for Tokenised Cards in India
Mastercard has launched Cardholder Verification Code (CVC)-less online payments for debit and credit cardholders in India who have tokenised their cards on merchant ...
Global
Global: Federal Reserve’s Bowman Expects More US Rate Hikes to Tackle Inflation
Governor Michelle Bowman of the U.S. Federal Reserve stated on Saturday (August 5, 2023) that the central bank will likely need to implement ...
Global
Global: SEC Urges Broker Dealers to Strengthen Anti-Money Laundering Measures
The U.S. Securities and Exchange Commission (SEC) has issued a warning to certain broker dealers, urging them to enhance their policies and controls ...
Global
Global: Australian Regulator Initiates Legal Action Against eToro for CFD Misconduct
The Australian Securities and Investments Commission (ASIC) has taken legal action against eToro, an online investment platform, alleging a failure to act honestly ...
Global
Global: FCA Takes Action to Improve Bank Savings Rates in Line with Consumer Duty Rules
The UK Financial Conduct Authority (FCA) has taken its first step under the new Consumer Duty rules by introducing a 14-point action plan ...
Global
Global: Worldcoin to Extend Iris-Scanning ID System for Wider Use
Worldcoin, the company co-founded by OpenAI CEO Sam Altman, has announced plans to expand its operations globally and offer other organizations access to ...
Global
Global: French Privacy Watchdog Raises Concerns over Worldcoin’s Data Collection
France’s privacy watchdog has expressed doubts about the legality of Worldcoin’s biometric data gathering, stating that the collection of such data “seems questionable,” ...
Global
Global: UK and Singapore Prioritize Fintech and Sustainability in Financial Dialogue
The eighth UK-Singapore Financial Dialogue, organized by HM Treasury and the Monetary Authority of Singapore (MAS), recently took place in London, with a ...
