Legal & Regulation

AML
Worldpay On Modernizing Security Defenses To Foil eCommerce Fraud
January 23, 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...

Legal & Regulation
Supreme Court Won’t Review Facebook’s Privacy Violation Case
January 22, 2020

In a blow to Facebook, the Supreme Court won’t decide whether or not people can sue the social media giant for using facial recognition technology on their photos without consent, according to reports. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
SmileDirectClub Offers Refunds To Silence Customer Complaints
January 22, 2020

SmileDirectClub, which specializes in straightening peoples’ teeth, is gaining a reputation for squashing any kind of negative press, The New York Times (NYT) reported on Tuesday (Jan. 21). The report included stories of seven people who said SmileDirectClub’s products did not fix their teeth as...

Legal & Regulation
Data Sharing: The Magic Merchants Need To Smooth The SCA Speed Bumps
January 22, 2020

The rollout of PSD2’s Strong Customer Authentication (SCA) has been a bit bumpy, to say the least. A year ago (when the rollout was still officially on the calendar for September of 2019), merchants, acquirers and issuers all over the European Economic Area (EEA) were...

ANTITRUST
Lawmakers Get Earful About Big Tech Biz Practices From Smaller Tech Players
January 20, 2020

Too big, too dominant — and anticompetitive, to boot. 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,...

Legal & Regulation
Biden Wants To Abolish Law That Gives Online Companies Content Liability Immunity
January 17, 2020

Joe Biden, a candidate for president, said he wants to repeal Section 230 of the Communications Decency Act, a law that gives internet companies immunity from harmful content posted by their users, according to a report by Bloomberg. Get the Full Story Complete the form...

Legal & Regulation
App Developers Bring Antitrust Lawsuit Against Facebook
January 17, 2020

Facebook has been sued by four companies regarded alleged anti-competitive practices, according to a report by Reuters. 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...

ANTITRUST
FTC Probes Altria-Juul Tie-Up For Possible Antitrust Issues
January 17, 2020

Cigarette maker Altria, the company that produces Marlboro, has made an investment in electronic cigarette company Juul Labs, but certain aspects of the deal are frozen due to an ongoing probe by the Federal Trade Commission (FTC), according to a report by The Wall Street Journal....

Bank Regulation
China Finalizing Laws For Digital-Only Banking 
January 14, 2020

China is finalizing its first rules for online-only banks, striving to reduce financial jeopardy and lure pivotal participants, Reuters reported on Monday (Jan. 13), citing three sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...