Nvidia’s $40 billion deal with Arm may soon fall apart as the parties prepare to quietly abandon the transaction due to increasing antitrust concerns in the U.K., U.S. and China. The Federal Trade Commission (FTC) on Tuesday (Jan. 25) sued to block Lockheed Martin Corporation’s...
In a blog post on Jan. 19, the Consumer Financial Protection Bureau (CFPB) announced that given the significance credit cards and credit card debt represents for many households, it will turn its attention to ensuring what it calls a more fair, transparent and competitive credit...
U.S. Rep. Patrick McHenry (R-NC), the ranking Republican member of the House Financial Services Committee and cryptocurrency advocate, is urging Democratic Chairwoman Maxine Waters to work with others on digital currencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In 2020, the unprecedented growth of third-party delivery companies exposed cracks in the model for restaurants, consumers and drivers alike. Throughout 2021 and now into 2022, New York City has been passing laws to create a standard for regulating this still relatively new industry, while...
The U.K.’s data watchdog has sided against the government’s campaign to delay end-to-end encryption for private messaging. 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...
Calling cryptocurrency the “Wild West” of finance, the U.S. Securities and Exchange Commission (SEC) chairman has said regulating crypto trading platforms is one of the biggest challenges facing Congress. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The head of South Korea’s financial regulator told FinTech executives Thursday (Jan. 20) that he plans to lessen regulations on financial institutions’ investment in the sector to increase support for the fast-growing industry, The Korea Herald reported. Get the Full Story Complete the form to...
The European Union’s competition commissioner has called for the metaverse to face more 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, PYMNTS...
U.S. retailers, via the Merchants Payment Coalitions, have sent a letter to the Federal Trade Commission (FTC) and the Department of Justice (DoJ) on Wednesday urging regulators to investigate credit card fees. Get the Full Story Complete the form to unlock this article and enjoy...
