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Facebook accused by HUD of housing bias over use of targeted ads

03/28/19

The Department of Housing and Urban Development said it's charging Facebook with allegedly violating the Fair Housing Act by restricting who can view housing-related ads.

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A banker’s guide to Facebook’s new advertising rules

03/21/19

Banks will likely continue to exercise caution in the wake of Facebook's announcement that it’s restricting the way providers of housing, employment and credit advertise on its site.

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Facebook will block loan, housing ads seen as discriminatory

03/19/19

As part of a settlement with the National Fair Housing Alliance and the American Civil Liberties Union, the social media platform will no longer allow certain advertisers to target users by age, gender or ZIP code.

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Amazon, Google forays into banking seen as threat by RBC's CEO

03/12/19

Royal Bank of Canada's Dave McKay told investors on Tuesday that he's increasingly worried about the so-called FANG companies — Facebook, Amazon.com, Netflix and Google parent Alphabet — getting into banking.

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Facebook veteran: Banks have big AML blind spot

03/05/19

Criminals are inventing new ways to hide dirty money amid transactions for digital goods bought and sold on everything from Amazon to game-app sites. Banks need to wake up to the threat, says Ben Duranske, Facebook Payments' former compliance chief.

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Big tech’s blockchain projects haven’t disrupted banks — yet

03/05/19

Tech giants have been experimenting with blockchain technologies for years, and while they haven’t displaced banks, there’s still cause for concern.

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The states at the forefront of consumer privacy legislation

03/03/19

California and others have passed consumer privacy laws, and lawmakers in Congress are beginning to address the issue.

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Facebook hires London blockchain payments experts

02/04/19

Facebook is inching closer to threatening traditional processors and financial institutions with its own digital currency by adding staff with expertise in the underlying technology.

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Facebook tests mobile payments; Fed futures signal flat rates

01/03/19

Facebook’s WhatsApp unit has been testing its payments app in India since May; investors price in an almost a 90% probability of no Fed hikes this year.

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'What will the next idiocy be?': Comments of the year

12/28/18

Readers this year responded to Mick Mulvaney's leadership at the Consumer Financial Protection Bureau, the banking industry's role in the national gun debate, Rep. Maxine Water's upcoming leadership of the Financial Services Committee, the influence of tech companies like Facebook and Amazon on financial services and much more.

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