For Big Tech, and for FinTechs, the regulatory landscape is shifting — and the barrage of new rules and regulations comes from all sides. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
President Joe Biden’s $1.9 trillion coronavirus relief plan is already getting pushback from Republicans, tripping up a seamless passage by Congress, CNBC reported on Thursday (Jan. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
After the director of the Consumer Financial Protection Bureau (CFPB) resigned to follow the wishes of the new administration, the White House said President Joe Biden would name Dave Uejio to temporarily lead the bureau, Reuters reported. Get the Full Story Complete the form to unlock this...
The European Central Bank (ECB) held this year’s first monetary policy meeting, and said in a statement on Thursday (Jan. 21) that it would stay the course regarding procedures instituted during the COVID-19 pandemic to counter its “negative” shock. Get the Full Story Complete the...
Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger handed in her resignation Wednesday (Jan. 20) at the request of U.S. President Joe Biden, newly sworn in as the 46th U.S. president, Bloomberg Law reported. Get the Full Story Complete the form to unlock this article...
Amazon has filed a lawsuit against the European Union, accusing the EU’s competition watchdog of granting Italian antitrust officials leeway, according to Reuters on Wednesday (Jan. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Chinese government is preparing to crack down on what it views as antitrust behavior in the payments sector by tech giants such as Ant Group and Tencent Holdings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
If the chief executives of Big Tech companies in the U.S. don’t show at next month’s virtual hearing, some European Parliament members (MEPs) said sanctions could be imposed, the Financial Times reported on Tuesday (Jan. 19), citing sources. Get the Full Story Complete the form...
As reported, President-elect Joe Biden nominated Rohit Chopra, a commissioner at the Federal Trade Commission (FTC), to lead the Consumer Financial Protection Bureau (CFPB), replacing Kathy Kraninger as director (who remains in her post in a term that technically runs through 2023, but is likely...
