The Competition and Markets Authority (CMA), Britain’s antitrust watchdog, is planning an investigation into how Facebook handles user data, the Financial Times (FT) reported on Friday (March 19), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The nonprofit Nacha, which enables Automated Clearing House (ACH) payments, announced that the WEB Debit Account Validation Rule took effect on Friday (March 19), according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Visa Inc. is facing a probe from the Justice Department concerning allegedly anticompetitive processes in the debit card industry, The Wall Street Journal reported, citing unnamed sources. The antitrust arm of the Justice Department has been collecting data and asked if Visa had restricted the ability...
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....
Seismic shocks ahead for Big Tech loom — certainly in China, and almost certainly for firms here in the U.S. Bloomberg reported on Friday (March 12) that Tencent and Baidu have been censured by the nature’s antitrust regulators. Tencent and Baidu have been fined 500,000 yuan each...
Two Ripple executives have sent a letter to the Southern District Court in New York requesting that subpoenas for personal finance information from the U.S. Security and Exchange Commission (SEC) be denied. The SEC filed a lawsuit against the company last year. Get the Full...
Rappi, a SoftBank-backed Latin American delivery app, along with Uber Eats, have won the first round of a dispute against their main rival in Brazil, iFood, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Regulators in Brussels have so far failed to find enough evidence to file antitrust charges against Amazon, the Financial Times (FT) reported on Thursday (March 11), citing sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A new trade group formed by FinTech leaders called the Financial Technology Association (FTA) launched Wednesday (March 10), according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
