Legal & Regulation

ANTITRUST
FTC’s Amazon Antitrust Suit Could Arrive This Month
September 06, 2023

The Federal Trade Commission (FTC) is reportedly set to sue Amazon later this month. 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. By completing this...

Legal & Regulation
Apple and Microsoft Push Back Against EU’s ‘Gatekeeper’ Designation
September 05, 2023

Microsoft and Apple are reportedly protesting their classification as “gatekeepers” under new European tech regulations. 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. By...

Legal & Regulation
Chinese Tech Giants Begin Enforcing New Government App Rules
September 04, 2023

China’s technology giants have reportedly begun enforcing new rules governing app publishers. 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. By...

Legal & Regulation
Big Tech Escapes California’s Social Media Addiction Bill Again
September 03, 2023

A California bill proposing to hold platforms accountable for social media addiction has died in committee. 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...

Legal & Regulation
DOJ Seeks Jail Time for Ex-Wells Fargo Exec Over Fake Accounts
September 03, 2023

Federal prosecutors want Wells Fargo’s former retail banking head to spend time behind bars. 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. By...

Bank Regulation
Fed Scrutiny of Regional Banks Highlights Importance of KYB, FinTech Partnerships 
September 01, 2023

The increased scrutiny of regional banks — and a boost in capital requirements — may drive them towards FinTech partnerships to shore up compliance and know-your-business efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Bank Regulation
Goldman Warned by Fed Over FinTech Risk
September 01, 2023

The Federal Reserve has issued a warning to Goldman Sachs regarding risk and compliance oversight at its FinTech unit. 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...

Legal & Regulation
Microsoft to Unbundle Teams From Office in EU to Address Antitrust Concerns
August 31, 2023

Microsoft has announced plans to unbundle its Teams software from its Office suite in Europe in response to concerns raised in an antitrust investigation by the European Union (EU), The Wall Street Journal reported on Thursday (Aug. 31). Get the Full Story Complete the form to unlock...

Legal & Regulation
Less US Cannabis Restrictions Could Ease Sector’s Fragmented Payments System
August 30, 2023

In a significant development for the cannabis industry, U.S. health officials have recommended easing restrictions on cannabis and reclassifying it as a Schedule III drug under the Controlled Substances Act. The move could open the door to more cohesive payments systems in the sector. Get...