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10 Monday AM Reads

Barry Ritholtz

Regulators seem opposed to every proposed merger, while legislators push for new rules to crack down on the internet giants. Barron’s ) • Why It’s So Hard for China to Shake the ‘Uninvestable’ Tag : In 2021, Goldman Sachs said the word was starting to feature in a number of client conversations about the country’s stocks.

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Super Apps Rising: Mobile Drives Digital Payments Uptick In Pakistan

PYMNTS

The conversation came against the backdrop where i2c announced a partnership with TAG, to launch a super app that provides instant payments capability to Pakistan’s unbanked adult population, which at present numbers about 100 million individuals. To that end, Amir Wain , CEO of i2c Inc. It will happen.”.

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Deep Dive: How Digital ID Verification Helps Build Trust in Carsharing and Housesharing Platforms

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The process must be quick and easy, but businesses need to carefully weigh desired consumer experiences with required regulations to keep their platforms free of any cybercriminal activity. Humans can also train the ML algorithms by tagging IDs with either valid or fraudulent tags, creating a highly sophisticated verification system. .

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Deep Dive: Why The Pandemic Is Pushing MENA Regulators To Upgrade Open Banking, Privacy Laws

PYMNTS

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region have worked to keep up with this migration. The pandemic is dramatically altering how merchants can transact, which data they can store and where they can store it, however.

Banking 70
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Bitcoin Daily: Turkey To Test Digital Currency In 2021; Japan Prepares To Issue CBDC; Bitcoin Crests $28,000

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Suarez announced on Twitter that he was considering the idea of a crypto-based local government, and tagged Anthony Pompliano, founder and partner of Morgan Creek Digital, who is a new Miami resident and crypto Twitter celebrity, to ask for help. He said he wanted the city to be the "vanguard" of innovation for crypto.

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PSD2 Challenges Leave Norway, Netherlands Playing Catch-Up

PYMNTS

EU banks and merchants also face the changes to data security, transparency and privacy that the PSD2 and GDPR regulations have marshaled across the region. As European countries and consumers move forward with data transparency, other lawmakers and regulators are seeking to do the same. Around the PSD2, GDPR World.

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Uber Faces Lawsuit By British Drivers

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According to the 10-page complaint , by not providing the information, Uber is in violation of the European Union’s General Data Protection Regulation (GDPR), which regulates privacy protection in the 28-nation bloc. -based group, was filed in the District Court of Amsterdam, where Uber’s European headquarters is located.