India’s central bank wants stricter regulations for big shadow lenders, according to a new report from Bloomberg. 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...
Within days of the European Union saying it was probing Alphabet‘s advertising and data collection processes, Alphabet CEO Sundar Pichai is set to converse with European Commission Digital Affairs and Antitrust Chief Margrethe Vestager, Bloomberg reported. Get the Full Story Complete the form to unlock this...
After the director of the Consumer Financial Protection Bureau (CFPB) resigned to follow the wishes of the new administration, the White House said President Joe Biden would name Dave Uejio to temporarily lead the bureau, Reuters reported. Get the Full Story Complete the form to unlock this...
The Chinese government is preparing to crack down on what it views as antitrust behavior in the payments sector by tech giants such as Ant Group and Tencent Holdings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
If the chief executives of Big Tech companies in the U.S. don’t show at next month’s virtual hearing, some European Parliament members (MEPs) said sanctions could be imposed, the Financial Times reported on Tuesday (Jan. 19), citing sources. Get the Full Story Complete the form...
As reported, President-elect Joe Biden nominated Rohit Chopra, a commissioner at the Federal Trade Commission (FTC), to lead the Consumer Financial Protection Bureau (CFPB), replacing Kathy Kraninger as director (who remains in her post in a term that technically runs through 2023, but is likely...
Fines levied under the General Data Protection Regulation (GDPR) jumped almost 40 percent in the past 12 months as European Union (EU) regulators stepped up enforcement efforts, Financial Times (FT) reported on Tuesday (Jan. 19). Get the Full Story Complete the form to unlock this...
The Federal Aviation Administration is letting commercial drone-maker American Robotics operate drones without on-site pilots — but with a number of caveats, according to a decision recently posted on the agency’s website. Get the Full Story Complete the form to unlock this article and enjoy...
After having its $37 billion dual IPO pulled by Beijing, Jack Ma’s Ant Group is working fast to overhaul operations to comply with government regulations, The Wall Street Journal reported on Friday (Jan. 15). Get the Full Story Complete the form to unlock this article...
