Category: Compliance & Regulation
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Plaid Class-Action Lawsuit Reveals Open Banking’s Biggest Problem – Here’s How to Protect Your Customer’s Data
Privacy concerns are trending since before the pandemic–swirling around the topic of open banking. If you’re not sure what open banking is, it’s the concept of allowing third-party companies to use consumer financial data for additional services and features. There are two main companies that provide open-banking platforms: Plaid and Trustly. Now, it might sound like…
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PayPal Gets Sued, Stripe Could Be Next – Is Your Business Safe?
You’ve probably heard the news: PayPal gets sued for freezing customer accounts without explanation. It’s no longer speculation, it’s a fact. The class action has been filed and it will be interesting to see how it all shakes out in the end. But it raises some important questions about your own online business and how…
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Legal Online Telemedicine in The United States: Is Your State on the List?
With the popularity of online telemedicine in the U.S. growing, it’s important for anyone who wants to use telehealth services or start their own telemedicine business to know about the laws that govern this burgeoning industry. While there are positive signs that the legal framework surrounding online telemedicine will soon catch up with technology, we’re…
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How Forex Businesses Are Adapting to Crypto and New Regulations
Cryptocurrencies are changing the way people view digital assets and think about investment, with international commerce likely to be one of the top beneficiaries. Forex trading businesses can learn from current developments in cryptocurrency regulation in order to adapt to the new environment and competition. Forex business owners seem to be in a very tough…
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