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Risk Channel helps you stay ahead of essential risk news shaping your profession. Every weekday, our unique blend of AI, risk experts and researchers monitor 100,000s of articles to share a summary of the most relevant and useful content to help you lead, innovate and grow.

From supply chain to regulatory enforcement, data privacy, GRC controls, whistleblowers, and risk management strategies. Risk Channel is the only trusted online news source dedicated to covering current headlines, articles, reports and interviews to make sure you’re at the forefront of changes in the risk industry.

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North America
Trump's VP pick J.D. Vance supports FTC chair's approach to antitrust

J.D. Vance, running as former President Donald Trump's VP candidate, has publicly supported Federal Trade Commission Chair Lina Khan's robust stance on antitrust enforcement. As a member of a faction of Republican lawmakers known as "Khanservatives," Vance advocates for a broader interpretation of antitrust laws, focusing not only on consumer prices but also on promoting competition and regulating Big Tech's market power. The endorsement indicates potential policy directions regarding antitrust enforcement in a possible second Trump administration, highlighting internal debates within the conservative movement about the scope and aims of regulatory bodies like the FTC. Vance's backing of Khan's policies underscores a commitment to using antitrust laws as a tool against corporate dominance, aligning with his previous calls to dismantle major tech companies like Google. This stance reflects a broader concern about the impacts of corporate consolidation on workers and consumers alike. 

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Risk Channel
Regulators weigh risks of digital wallets

The Payments Systems Regulator (PSR) and the Financial Conduct Authority (FCA) are scrutinising the benefits and potential risks of digital wallets as analysis suggests that over half of UK adults may be using services like Apple Pay, Google Pay, and PayPal. As well as looking at the advantages digital wallets offer consumers, the regulators will also explore if there are elements that could hinder payment efficiency. They will also gather evidence on whether the technology carries any substantial issues related to competition, consumer protection, or market integrity. PSR managing director David Geale said: “Collaboration between regulators and working with industry is crucial to ensure we're on the front foot to support innovation and competition.” FCA chief executive Nikhil Rathi said that with digital wallets having become “a part of everyday life for many people,” the City watchdog wants to “maximise the opportunities and benefits for consumers and businesses while protecting against any risks this technology may present." The regulators have launched a call for information from stakeholders which remains open until September 13.

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