New state laws passed to protect patients from staggering medical bills
In most US states, patients are responsible for their own medical debts. This means that some consumers are left struggling with debt after receiving large […]
Regulation
Investigation launched into Instagram’s effects on teenagers
Just weeks after Instagram announced it would be pausing its “Instagram for Kids” project, an investigation has been launched in several US states into how […]
Claim against Google rejected by UK Supreme Court
A recent claim for billions of pounds in damages from tech giant Google for allegedly tracking iPhone users’ has now been rejected by the UK […]
UK regulator fines Facebook £50 million for breaking competition rules
The UK’s Competition and Markets Authority (CMA) has fined Facebook £50.5 million ($70 million) after accusing the digital giant of deliberately breaking competition rules. Facebook […]
Social media companies face fines under Ofcom measures to protect users
Social media, and particularly video-sharing platforms, have soared in popularity in the last few years. In fact, globally, research shows that video traffic now makes […]
How RegTech can help correspondent banking make a comeback
The news that Western Union is suspending its services in Afghanistan due to the ongoing instability in the country is just one more blow to […]
Natwest bank faces money laundering charges in criminal case
The Financial Conduct Authority (FCA) has now initiated criminal proceedings against Natwest bank, following accusations that it has failed to comply with money laundering regulations. […]
TikTok announces $92 million settlement in class-action lawsuit
Following a lawsuit, TikTok has agreed to pay out $92 million in settlements to American users. The class-action lawsuits accuse the platform of violating the […]
High number of fake Amazon reviews still being sold online
According to a report by the consumer group Which?, there are still many websites selling fake Amazon reviews in bulk to businesses and sellers. Fake […]
The new online gambling restrictions in the UK
Following calls for further restrictions on the gambling industry in the UK, the Gambling Commission has announced tough new legislation to make online casinos safer. […]