Legal & Regulation

Legal & Regulation
Australian Regulator To Examine Apple, Google App Stores
September 08, 2020

Apple and Google executives may be wondering if there’s an app for, “time to call the lawyers.” 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...

Legal & Regulation
Citigroup Still At Odds With Hedge Fund Over Bank Payment Mistake
September 07, 2020

In an unusually public feud, Citigroup is engaged in a squabble with a creditor over the mistaken $900 million Revlon payments from earlier this year and the possible motivations for what happened, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form...

Legal & Regulation
Judge Wants Payday Loan Firm To Pay $132.5M To Victims
September 04, 2020

A Kansas City payday loan company and its operator will be compelled to pay $132.5 million in restitution to borrowers the company duped, if a federal administrative law judge’s recommendation is implemented. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
Germany Ends Probe Into Wirecard Accusations Of Journalists
September 03, 2020

A Munich prosecutor won’t be going forward with a case against two Financial Times (FT) journalists for alleged market manipulation resulting from their 2019 reports in the case against disgraced German payments processor Wirecard, FT reported. Get the Full Story Complete the form to unlock...

Legal & Regulation
New California Consumer Law Could Regulate SMB Loans
September 03, 2020

California’s new law expanding financial watchdog powers includes a provision that could help protect small business borrowers by making it easier to regulate small business loans, a report from Bloomberg Law says. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
China Tightens Financial Regulations In Advance Of Ant IPO
September 03, 2020

Days after one of the world’s highest-valued FinTech conglomerates filed to go public, Chinese regulators are increasing scrutiny of non-bank financial companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
Report: Robinhood May Face $10M+ SEC Fine For Not Disclosing Payments For Order Flow
September 02, 2020

Robinhood, the brokerage app often favored by inexperienced stock aspirants, is being investigated by the U.S. Securities and Exchange Commission over its alleged failure to disclose practices in which it would sell clients’ orders to high-speed trading firms, according to a report by The Wall...

ANTITRUST
Apple’s Regulatory Woes Mount With German Antitrust Chief’s Scrutiny
September 02, 2020

Apple’s clash with Fortnite developer Epic Games is now drawing unwanted scrutiny by German regulators involving a key part of the tech giant’s business, its App Store. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
Big Tech Compliance Tracker: Facebook Appeals Giphy Restrictions; Microsoft Says Epic Games’ Apple Ban Could...
August 31, 2020

Here’s the latest news from the Big Tech sector, which is coming under increasing scrutiny and challenges from regulators worldwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....