Over the past decade, financial technology companies have transformed how consumers think about banking and financial services with user-centric technologies and practices. The innovative products and services they offer are facing increased scrutiny from state and federal regulators. In 2024, fint...

As the use of financial technology products becomes more widespread, Hintz Law's Amy Lanchester and Sam Castic, CIPP/US, CIPM, FIP, PLS, write there are several regulatory developments fintech companies should be aware of going into 2024. They outline five major data privacy and security areas expec...

Uruguay's Regulatory and Control Unit of Personal Data issued a resolution recognizing data protection adequacy to facilitate data transfers with South Korea and organizations participating in the EU-U.S. Data Privacy Framework. The authority noted the European Commission's recognition of adequate d...

Since taking on the role of European Commissioner for Justice in 2019, Didier Reynders said a top priority was developing a new trans-Atlantic framework for data transfers following the invalidation of the EU-U.S. Privacy Shield. With the EU-U.S. Data Privacy Framework now in place, Reynders is wide...

The Australian Signals Directorate released its annual cyber threat report, Voice of America News reports. The report identified China as a major state-backer of cyberattacks on Australian critical IT infrastructure, in addition to Iran and Russia. In 2022, nearly 94,000 cyber crimes were reported t...