Facebook CEO Mark Zuckerberg testified before the Federal Trade Commission (FTC) as part of the agency’s antitrust investigation into the popular social media giant, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
TD Bank has agreed to pay some $122 million to settle a case with the Consumer Finance Protection Bureau involving allegedly illegal overdraft practices, according to a administrative filing. The bank agreed to pay approximately $97 million to affected and a $25 million civil penalty....
The California appellate court has given Uber and Lyft more time to comply with an order requiring them to reclassify drivers as employees, CNBC reported Thursday (Aug. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
European Union (EU) privacy watchdogs are at odds over whether to fine Twitter Inc. for its handling of a data breach last year and how much should be assessed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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Korean startups are petitioning the government to look into whether Google and Apple have been violating laws related to in-app purchases, the Korea Herald reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Counterfeit goods on online marketplaces have seen an explosion amid COVID-19 from both those who attempt to pass off fakes and the platforms that try to block them. But this week has seen the resumption of a counterfeiting case between Costco and posh jewelry retailer Tiffany & Co....
There are banking mistakes, and then there is Citigroup’s $900 million Revlon loan blunder. 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...
European Union regulators are eager to pop the top on new regulations to solve the region’s fraud woes. But many merchants still aren’t convinced, says Richard Ellison, founder of boutique wine company Wanderlust Wine. In the latest Merchants Guide To Navigating Global Payment Regulations, Ellison...
