PayPal has filed suit against the Consumer Financial Protection Bureau (CFPB), alleging that the agency has dismissed its arguments that digital wallets do not operate in the same way as reloadable debit cards — and that disclosure rules mandated by the agency require the payments...
U.S. senators went head to head with executives of Apple and Facebook on Tuesday (Dec. 10) over the companies’ decision to use encryption technology, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
U.S. Attorney General William Barr said that he wants the government probes into big tech companies completed by 2020, according to a report Tuesday (Dec. 9) by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
India has proposed new rules regarding how technology companies use data, and the proposal is similar to Europe’s GDPR regulation, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
In India, the Personal Data Protection Bill is making headway. 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...
A group of state attorneys general are getting set to fight against the T-Mobile and Sprint merger in an unprecedented federal trial. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
As a way to prevent unfair competition, the Financial Stability Board (FSB) said in a report on Sunday (Dec. 8) that there should be “vigilant monitoring” of Big Tech’s move into financial services. Firms like Google, Alibaba and Facebook could be forced to share data...
Deutsche Bank has settled a case with Frankfurt prosecutors that involved a raid on its offices and resulted in a huge hit on earnings and stock value over suspected money laundering, according to a report by Bloomberg. Get the Full Story Complete the form to...
European Union finance ministers on Thursday (Dec. 5) agreed on strategy for anti-money laundering (AML) reforms and countering the financing of terrorism, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...