Regulators are expected to reprimand Citigroup for its faulty risk management system, which works to detect problematic transactions, risky trades and other such issues, and that has apparently sped up retirement plans for Chief Executive Michael Corbat, according to a report in The Wall Street Journal....
New Chinese finance rules will force the Jack Ma-backed Ant Group to comply with regulations to back up any payments, lending or other finances with substantial capital, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article and...
A new bill could limit the powers tech companies have to operate without regulations in the U.S., CNBC reported. 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...
Facebook CEO Mark Zuckerberg, speaking with “Axios on HBO,” said he believes Apple‘s App Store “deserves scrutiny.” 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...
Big Tech’s battles with European regulators continue to grow. 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,...
Here’s the latest news for Big Tech’s Google, Amazon, Apple and Facebook, which are coming under increasing scrutiny from legislators and regulators the world over. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Apple registered a reply and counterclaims in its legal saga with Epic Games, contending that the developer broke its agreement with Apple as it also asked for damages in a conflict that arose on August 13, CNBC reported. Get the Full Story Complete the form...
Six months after the Democrat-controlled House passed a $3.2 trillion coronavirus stimulus package, Senate Republicans say they are prepared to vote on their version as early as this week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
With the boom of eCommerce both before and during the pandemic, European Union regulators are taking another look at antitrust rules regarding internet sales and distribution platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
