Legal & Regulation

Legal & Regulation
Mastercard And Visa Lose Legal Round In The UK Over Swipe Fees
June 17, 2020

Two of the world’s largest credit card companies have lost their bid to assess fees on retailers in the United Kingdom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Bank Regulation
FDIC: US Banks See Chargebacks Soar, Profits Tank Due To Pandemic
June 17, 2020

U.S. bank profits took a hit of 69.6 percent in profits in the first quarter of the year compared to the same time last year, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

AML
Fixing Banks’ AML Achilles’ Heel — Before The Fraudsters Pounce
June 17, 2020

In financial fraud, the breaches come when bank standards are lax. 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...

ANTITRUST
EU Sets July 20 Deadline On Google, Fitbit Merger Decision
June 16, 2020

European Union (EU) antitrust regulators will decide by July 20 whether to approve Google’s $2.1 billion bid for Fitbit, the California fitness tracker company, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Legal & Regulation
Google, Sonos, Accuse Each Other Of Tech Theft
June 12, 2020

Take that, Sonos. 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, you agree to receive marketing communications...

Legal & Regulation
Grubhub Faces Lawsuit From KFC, Taco Bell Parent Company
June 11, 2020

The owner of KFC and Taco Bell is suing Grubhub Inc., the Chicago-based online food ordering and delivery marketplace, alleging it violated terms of a distribution agreement, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

ANTITRUST
UK Regulators Extend Hold On Amazon/Deliveroo Deal
June 10, 2020

Amazon is left cooling its heels again in its bid to buy a piece of Deliveroo, a top food delivery service in the United Kingdom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Legal & Regulation
Citing Racial Profiling, IBM Will No Longer Sell Face Recognition Software
June 09, 2020

International Business Machines Corp. (IBM) is getting out of the facial recognition business, citing its misuse by law enforcement. 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...

Bank Regulation
Deep Dive: COVID-19’s Global Impact On Open Banking And Online Privacy Regulations
June 09, 2020

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, you agree to receive marketing communications from PYMNTS and...