Compliance

The Bank of Lithuania has been courting fintechs which need an EU payments or banking license to operate in Europe. In July 2018, it introduced an e-licensing tool that makes it cheaper and quicker to submit the information necessary to obtain an operating licence.

Andrei Tyurin, a Russian citizen who is alleged to have performed key cyber work in a hack of JPMorgan Chase and several other companies, was extradited to New York on Friday from the republic of Georgia.

British Airways may become the first high-profile company to face Europe’s far-reaching data privacy rules that come with potential fines after a computer hack compromised credit card data from some 380,000 customers.

Sen. Elizabeth Warren and Rep. Elijah Cummings have called for an update on probes into the credit reporting giant a year after its massive data breach came to light.

British Airways is investigating the theft of data including personal and credit-card details from customers who used its website and mobile app to make reservations.

Initial coin offerings have become controversial enough for the SEC to weigh in. And even though the commission has not announced a clear stance, technology investors are noticing a difference in its actions.

Ripple's role in streamlining international transactions and the popularity of its XRP tokens has boosted the company's value, but has also drawn critics who claim Ripple is illegally gaming the market.

Technology developers have little choice but to see big data deals like Mastercard’s reported collaboration with Google as an opportunity for deep, actionable analysis, setting aside the chilling effect of privacy concerns and a consumer buy in.

After news of the breach, congressional hearings for the company’s ex-CEO and other blowback were accompanied by legislative calls to action. But a year later, have policymakers done anything?

While the card networks have greatly benefited by the global boom in e-commerce, they are confronted with the corresponding growth in digital advertising. This will increasingly lead them to seek out data-sharing deals like Mastercard's reported arrangement with Google, which could prove vital to the networks' future survival.