Monthly Archives: July 2013
CFPB tangles with Bankers over Big Data
“Do they need the reams and reams and reams of data we’re having to provide to them? Don’t we have to find a healthier balance here?” Susan Faulkner, Senior Vice President, Bank of America, implored at the Conference of Consumer … Continue reading
Bitcoin, in search of a legal status
“Bitcoin is not the only digital currency, nor the only successful one. Gamers on Second Life, a virtual world, pay with Linden Dollars; customers of Tencent, a Chinese internet giant, deal in QQ Coins; and Facebook sells Credits. What makes … Continue reading
The Fire that Durbin Amendment lit, never doused
The Durban Agreement and the Durbin Amendment have one thing in common. They are both working towards an ideal climate. The former regulates carbon emissions and hopes to reach a global climate agreement; the latter regulates interchange fees and hopes … Continue reading