Canada on Tuesday (April 5) announced its proposed legislation that would compel platforms like Facebook and Google to negotiate with news publishers and pay them for using their content. By enacting this new legislation, Canada is joining other countries, including Australia, France and Spain, that...
The U.K. Financial Conduct Authority (FCA) revealed on Thursday a three-year strategy plan that will enable the regulator to stop firms that don’t meet their standards from entering in the U.K. markets and “improve outcomes for consumers.” Get the Full Story Complete the form to...
The European Parliament (EP) approved the European Governance Data Act (DGA) on Wednesday with 501 votes to 12. This act aims to increase data sharing among public institutions and companies, create new rules on the neutrality of data marketplaces and facilitate the reuse of certain...
On March 25, the Consumer Financial Protection Bureau (CFPB) closed its request for comments regarding the inquiry on buy now, pay later (BNPL) that it launched in December. PYMNTS assessed the 44 public comments available on the government website, and the vast majority of them...
Last year, South Korea became the first country to approve legislation changing Google and Apple Inc.’s policies on how apps on their platforms sell subscriptions, in-game items, and other online content. The law forbids Google and Apple from forcing apps to use their own in-app...
Visa will need to defend, for the second time, its debit card fees in an antitrust suit filed by payment processing network Pulse Network L.L.C. for practices that it claims reduce competition in the debit card market. Get the Full Story Complete the form to...
Following a flood of financial services complaints from consumers in Spain, the government is planning to create a consumer protection authority, Reuters reported Tuesday (April 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Securities and Exchange Commission (SEC) is planning a series of changes that could aggressively step up its regulation of the cryptocurrency industry, most notably in the oversight and functioning of both centralized and decentralized exchanges. Get the Full Story Complete the form to unlock...
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