The real estate industry is a hot target for fraudsters, who launder $1.6 trillion a year through rental payments and home purchases. To fight back, real estate platforms like Zillow must ensure they know who’s trying to buy and sell, while keeping the onboarding process...
Germany’s Federal Minister for Economic Affairs Peter Altmaier wrote a letter to European Commissioner for Competition Margrethe Vestager, and asked for tighter regulations on Big Tech as part of a push to increase the region’s “digital sovereignty,” according to the Financial Times. Altmaier wants a...
Microsoft has promised to follow California’s privacy law throughout the United States after the regulation goes into effect on Jan. 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
For Google, antitrust scrutiny may be ramping up — if the meetings are any indication. As reported by Reuters on Monday (Nov. 11), attorneys general from as many as a dozen states are meeting in Colorado to discuss the ongoing investigation into the tech giant....
Big Tech has gotten, is getting and will get its share of regulatory scrutiny. For Apple, there seems to be an increasing interest in its digital wallet, and how the firm is competing in the payments realm. Get the Full Story Complete the form to...
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...
Current antitrust laws are “flexible enough” to handle issues caused by technology firms, said Makan Delrahim, assistant attorney general for the Antitrust Division of the U.S. Department of Justice, Reuters reported on Saturday (Nov. 9). Get the Full Story Complete the form to unlock this...
A lawsuit is being launched by minority shareholders against WeWork, Adam Neumann — its co-founder and former chief executive officer — and the prime investor, Japan’s SoftBank, Reuters reported on Friday (Nov. 8). Get the Full Story Complete the form to unlock this article and...
Strong Customer Authentication (SCA) was designed to improve authentication standards across Europe, and enable money to move quickly, while reassuring all parties that funds were going to their intended recipients. The rule officially took effect in September, and EU countries have begun helping merchants and...
