Legal & Regulation

ANTITRUST
UK’s CMA Launches Merger Inquiry Into Amazon Partnership With Anthropic
August 08, 2024

Amazon’s partnership with artificial intelligence company Anthropic is being investigated by the United Kingdom’s competition and markets regulator. 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...

Legal & Regulation
FTX and Alameda Pay $12.7 Billion to End CFTC Lawsuit
August 08, 2024

FTX and sister company Alameda Research have agreed to pay their creditors $12.7 billion. 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 Today....

Bank Regulation
Regulators’ Joint Statement Details Concerns on Bank/FinTech Tie-Ups
August 07, 2024

The joint statement and requests for information issued by several agencies late last month on “potential risks” inherent in bank/FinTech relationships spotlight regulators’ concerns on banks’ reduced control and visibility into critical financial functions. Get the Full Story Complete the form to unlock this article...

Legal & Regulation
CFPB to Crack Down on ‘Predatory’ Lending in Solar Industry
August 07, 2024

The Consumer Financial Protection Bureau (CFPB) released an issue spotlight and a consumer advisory about “predatory” lending related to solar panel installations and said it will work with other government agencies to crack down on these abuses. Get the Full Story Complete the form to...

Legal & Regulation
FDIC Wants Closer Look at $8 Trillion in Uninsured Deposits
August 07, 2024

Uninsured deposits have been in the spotlight of the regulatory gaze through the past year and a half. 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...

ANTITRUST
Google Vows to Appeal Antitrust Ruling as Tech Industry Speculates on Implications
August 06, 2024

Day one of the post-Google antitrust ruling era kicked off with a reaction from the defendant in the case and a slew of “what ifs” about the implications of the decision for the connected economy. Get the Full Story Complete the form to unlock this...

ANTITRUST
Google Ruling May Blunt Apple’s Services Revenue and Ecosystem Growth
August 06, 2024

For years, tech juggernaut Apple has been building a services-focused ecosystem designed to offset bumpy, lumpy hardware sales and bring higher-margin dollars to its revenue streams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
Standards May Pose a Challenge as Regulators Seek Data Interoperability
August 06, 2024

Thousands of data fields, thousands of financial firms, nine regulatory agencies … the push toward a common thread of communications across financial services would be, will be and already is a monumental undertaking. Get the Full Story Complete the form to unlock this article and...

ANTITRUST
Tech Industry Braces for Fallout From Google Antitrust Verdict
August 05, 2024

By now, you know that Google lost its landmark antitrust case, pending what is sure to be a dogfight of an appeal. In the balance, there are more antitrust cases in the tech sector involving Meta and Amazon, among others. Get the Full Story Complete...