European Union officials said the type of commission-free share trading for retail investors offered by companies such as Robinhood would not be allowed in the EU, Reuters reported on Tuesday (Feb. 23). EU officials have been looking into such brokerage sites after recent controversies. Get...
Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments around the world. 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 Competition and Markets Authority (CMA), U.K.’s antitrust watchdog, has given Big Tech a heads-up that investigations are imminent, the Financial Times (FT) reported on Monday (Feb. 22). The competition watchdog has said that the next 12 months will be a time of cracking down...
China’s bank regulator is tightening restrictions on internet loans made by commercial banks and looking more into online lenders in general, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Legislators in Virginia are supporting laws that would regulate digital consumer privacy protection in the state, the Associated Press (AP) reported on Friday (Feb. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
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Robinhood faces more legal troubles as a judge has refused to throw out a lawsuit alleging customers lost money during outages in March 2020, Bloomberg reported Thursday (Feb. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The need to stay compliant while respecting user privacy concerns has forced cryptocurrency exchanges to rethink their approach to KYC. In this month’s AML/KYC Tracker, PYMNTS talked with Caitlin Barnett, U.S. chief compliance officer at Bitstamp, about how exchanges can thread this needle with transaction...
Keith Gill, or “Roaring Kitty” as he was known online, has been sued for securities fraud for allegedly misrepresenting himself as an amateur investor amid the GameStop controversy, Bloomberg reported on Wednesday (Feb. 17). Get the Full Story Complete the form to unlock this article...
