Regulation

Regulation
FTC Asks Congress To Restore Fraud Victim Compensation Authority
April 27, 2021

The Federal Trade Commission (FTC) is asking Congress to restore its authority to return funds to victims of fraud and other illegal activity, according to a Tuesday (April 27) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
Big Tech Compliance Tracker: Europe Proposes Artificial Intelligence Rules; Canada’s New Budget Includes Digital Services...
April 26, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Regulation
i2c’s McCarthy: Regulations Can Tame Wild West of Financial Services Reliability
April 23, 2021

The slew of online outages over the past several months – from Robinhood to Chime to WhatsApp – show just how interconnected various aspects of financial services, such as investing and banking, have become. And increasingly found at the center of all these financial platforms...

Regulation
Supreme Court Ruling Lessens FTC Options For Consumer Monetary Relief
April 22, 2021

Under a new Supreme Court ruling, the Federal Trade Commission (FTC) will have much less authority to enable monetary relief for customers when companies are found to use deceptive practices, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
American Bankers Association Seeks More Oversight Of Cryptocurrency Entities
April 22, 2021

The American Bankers Association (ABA) said in testimony last week that it believes standards for cryptocurrency businesses should be strengthened. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Regulation
House Bill Requires Regulators To Create Digital Assets Working Group
April 21, 2021

A bill passed by the U.S. House of Representatives this week would create a digital asset working group designed to promote collaboration between regulators and the private sector to encourage innovation, according to a press release from Financial Services Republicans. Get the Full Story Complete the...

Regulation
German, Australian, British Regulators Unite For Tougher Big Tech Mandates
April 20, 2021

Antitrust regulators in the U.K., Australia and Germany have issued a warning that the COVID-19 pandemic was not a reason to acquire companies that would stifle competition, Financial Times (FT) reported on Tuesday (April 20). Get the Full Story Complete the form to unlock this...

Regulation
Big Tech Compliance Tracker: Alibaba Faces $2.75 Billion Fine From China; Google Hit With $36.5...
April 19, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Regulation
Big Tech Compliance Tracker: UK Launches Digital Markets Unit; Apple To Pay $3.4 Million Over...
April 12, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...