Legal & Regulation

Bank Regulation
Wanderlust Wines On Why Merchants Are Not Yet Convinced By SCA’s 2FA Promise
August 19, 2020

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...

Legal & Regulation
Judge Stops $175M Revlon Loan Payment For Citi
August 18, 2020

Citigroup‘s request to freeze around $175 million in funds that were paid to hedge fund manager Brigade Capital Management by mistake has been granted by a judge, The Wall Street Journal (WSJ) reports. Get the Full Story Complete the form to unlock this article and...

Bank Regulation
Report: Some UK Merchants Remain Reluctant To Embrace SCA
August 18, 2020

Most markets including the European Union, the United Kingdom and the United States have seen a jump in online transaction volume as consumers react to the pandemic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
Big Tech Compliance Tracker: US Unsure When It Might Sue Google, But Private Suit Claims...
August 17, 2020

Here’s the latest news for Big Tech’s Alphabet, Amazon, Apple and Facebook, which are coming under increasing scrutiny from regulators and politicians the world over. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

ANTITRUST
DOJ Wavers On Timeline For Possible Google Antitrust Lawsuit
August 17, 2020

Some Department of Justice (DOJ) staffers don’t agree with Attorney General William Barr’s decision to level a swift antitrust case against Google parent Alphabet, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
Google May Get Boost In Fortnite Suit From Apple’s Policies
August 17, 2020

Google‘s less strict app-store policies give the search giant a better chance of beating game company Epic‘s lawsuit than fellow tech giant Apple has of winning a similar Epic case, Reuters reports. Get the Full Story Complete the form to unlock this article and enjoy...

CFPB
California Proposes Financial Watchdog Agency
August 17, 2020

California is expected to create a financial protection watchdog agency by month’s end. 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....

Legal & Regulation
Oracle, Salesforce Face Class Action Lawsuits Over Privacy Violations Violations
August 14, 2020

Data broker mega companies Oracle Corporation and Salesforce are facing class action lawsuits in the United Kingdom and the Netherlands, TechCrunch reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
Filings Reveal Payments At Center Of Fortnite/Apple/Google Legal Battles
August 14, 2020

The latest salvo in the legal battles against Apple and Google alleging antitrust behavior – where court dockets are getting decidedly crowded – is now joined by Fortnite, and it’s a bit different from what came before. Get the Full Story Complete the form to...