Sanctions against Russia by the U.S. are being weighed to deter Russian President Vladimir Putin from launching an invasion into Ukraine, including severing the country from the SWIFT international payment system used by banks worldwide, CNN reported on Monday (Dec. 6), citing sources. Get the...
When I announced the acquisition of the leading global media and content platform on antitrust and competition policy, Competition Policy International (CPI), six weeks ago, I hinted that it was the first of a series of dedicated efforts to expand our platform and content focus...
An Amazon attorney told European Union officials that the eCommerce giant has received no corrective action guidance from EU regulators on how to comply with a July order to pay a privacy fine of 746 million euros (about $844 million) and therefore should not be...
Predicting the Consumer Financial Protection Bureau’s agenda for 2022 based on this year’s rulemaking isn’t quite as easy this year, as the bureau was without a permanent director until mid-October, when Rohit Chopra was sworn in. Get the Full Story Complete the form to unlock...
In recent weeks, the European Union has slapped hefty fines on some of the world’s largest technology companies while putting in place rules to limit how Big Tech companies like Amazon, Apple, Facebook, Google and Microsoft stifle competition with anticompetitive practices. Get the Full Story...
Attorneys for Apple are asking a federal appeals court to halt an injunction that would require the tech giant to allow external payment links in its App Store. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
It’s been a wild week at Twitter — or perhaps wilder than usual is a better way to frame it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Consumer Finance Protection Bureau (CFPB) is making it so banks can’t charge fees to customers overdrawing checking accounts, the financial watchdog announced Wednesday (Dec. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Sitting next to Treasury Secretary Janet Yellen in a Senate hearing on Tuesday (Nov. 30), Federal Reserve Chairman Jerome Powell challenged her on stablecoin regulation, calling the Treasury Department’s recent recommendation that only federally insured banks be allowed to issue them “perplexing.” Get the Full...
