On Friday (Dec. 11), the U.S. Senate passed legislation that would strengthen anti-money laundering (AML) rules. The legislation would also ban anonymous shell companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
As goes banking, so goes fraud. It has ever been thus. Money laundering and terrorist financing also go on the list these days, perhaps like never before. PYMNTS December 2020 AML/KYC Tracker® done in collaboration with Trulioo probes the heightened fraud climate accompanying the mobile-digital...
The regulatory pressure on Big Tech continues, with the European Union mulling massive fines in a bid to force Facebook, Amazon and other tech giants to do a better job of policing online ads and content. Get the Full Story Complete the form to unlock...
Several companies, including Twitter, are urging European Union regulators to “defend the Open Internet.” The move comes as the EU is working on a European Democracy Action Plan and the closely watched Digital Services Act. Get the Full Story Complete the form to unlock this...
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The Federal Trade Commission (FTC) and 46 states launched a massive antitrust lawsuit on Facebook Wednesday (Dec. 9), accusing the social media network of “illegally maintaining its personal social networking monopoly through a years-long course of anticompetitive conduct,” according to a press release. Get the...
Congress is expected this week to vote for the first overhaul of the country’s anti-money laundering (AML) laws in decades, the Financial Times reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...
Additional states could bring more antitrust lawsuits against Google, Texas Attorney General Ken Paxton said during a Tuesday (Dec. 8) panel discussion with global competition officials, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...