Legal & Regulation

ANTITRUST
Are Voice Ecosystems The Next Antitrust Battleground For Big Tech?
July 17, 2020

In less than a decade, voice-activated artificial intelligence (AI) assistants like Alexa and Siri have gone from something seen in science-fiction films to mainstream consumer touchpoints for larger digital ecosystems. In fact, the latest edition of PYMNTS’ and Visa’s How We Will Pay survey found that more than three in...

AML
New Report: How Alipay Fends Off The Fraudsters
July 17, 2020

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Legal & Regulation
Instacart Sues Uber-Owned Cornershop
July 16, 2020

Instacart has filed a lawsuit against grocery delivery company Cornershop, which was recently acquired by Uber, alleging the company used images from Instacart’s product catalog when it opened in the U.S., Axios reported. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
Care.com Pays $1M Settlement Over Auto Renewal, Background Check Allegations
July 16, 2020

Online babysitting advisor Care.com agreed this week to pay $1 million to two California jurisdictions that alleged the company failed to conduct background checks it promised and violated rules on auto-renewal of contracts, according to a news release. Get the Full Story Complete the form...

Legal & Regulation
EU Probe Into IoT Targets Siri, Alexa Over Data Collection
July 16, 2020

Apple’s Siri, Amazon’s Alexa and other voice-activated assistants are on the hot seat as one of the world’s largest regulatory bodies takes aim at the Internet of Things (IoT). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
London Judge Dismisses Fraud Case Against Wirecard
July 15, 2020

After weeks of relentless headlines on the collapse of Wirecard, the High Court of Justice in London handed the German payments company a victory on Wednesday (July 15), the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
EU To Examine German Regulators’ Oversight Of Wirecard
July 15, 2020

The European Securities and Markets Authority (ESMA), the European Union’s (EU) financial watchdog, plans to examine how German regulators handled oversight of Wirecard AG, the collapsed payments company that is facing a series of criminal allegations. Get the Full Story Complete the form to unlock this...

ANTITRUST
Report: California Opens Probe Into Google For Possible Antitrust Violations
July 13, 2020

The state of California has opened its own antitrust investigation into Google, sources told Politico, putting more pressure on the global technology giant already facing allegations from most U.S. states and the U.S. Department of Justice (DOJ). Get the Full Story Complete the form to unlock...

Bank Regulation
OCC Tells Banks Not To Hide Under The Cover Of COVID
July 13, 2020

The nation’s banks hoping to use COVID-19 as an excuse to shutter branches or get permanent concessions from regulators better think again, the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...