The Japan Fair Trade Commission (JFTC), the country’s antitrust watchdog, searched the Tokyo headquarters of eCommerce giant Rakuten on Monday (Feb. 10) over complaints about its free shipping policy, numerous reports indicated. Get the Full Story Complete the form to unlock this article and enjoy...
The European Union has issued new rules for contactless payments, which has caused confusion and forced one digital bank to issue new cards, according to a report in the Telegraph. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
While the electric car has long been touted as the future of transportation, it bears remembering that while electric vehicles (EVs) have been cool in the post-Tesla world, they are hardly new. The first electric vehicles started driving on America’s streets in the early 1890s...
Hester Peirce, a financial regulator at the U.S. Securities and Exchange Commission (SEC), said that tech startups may be able to raise money using digital tokens under current law, but that there would be stipulations, according to a report by Reuters. Get the Full Story...
The chairwoman of the U.S. House Committee on Financial Services, Maxine Waters, told the head of the Consumer Financial Protection Bureau (CFPB), Kathy Kraninger, that the organization needs to do better. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Buy now, pay later (BNPL) company Afterpay has pushed back against the Reserve Bank of Australia’s potential regulation of its fees. Afterpay claims it shouldn’t be considered as a payment system because of its smaller scale, and due to the fact that it must go...
At a Wednesday (Feb. 5) hearing before the House Financial Services Committee, representatives from several consumer groups said “rent-a-bank” schemes harm consumers through predatory lending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Antitrust investigators from the European Union (EU) have requested internal records from Facebook as its investigation into the tech giant intensifies, The Wall Street Journal reported on Thursday (Feb. 6), citing sources. Get the Full Story Complete the form to unlock this article and enjoy...
Google ad tools have taken center stage in the Justice Department’s antitrust investigation of the search giant. 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...