European Union antitrust chief Margrethe Vestager has concerns about Google’s recent acquisition of Fitbit, as well as continued competition issues over how the company lists shopping search results, according to reports by Reuters. Get the Full Story Complete the form to unlock this article and...
The Bank of England has told HSBC to improve compliance controls for non-fiscal factors like fraud and staff conduct, 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...
EU Competition Commissioner Margrethe Vestager said numerous grievances have been filed with the European Commission concerning Apple Pay and its negative effect on competition in the payments space, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Earlier studies found a surprising lack of both consumer and merchant awareness about the European Union’s Strong Customer Authentication (SCA) and second Payment Services Directive (PSD2) regulations. Post-SCA deadline, a lack of readiness persists. SCA awareness is thankfully high among the payment providers tasked with executing...
Strong Customer Authentication (SCA) is imperative to improving payment security — if EU regulators and financial institutions (FIs) could only agree on how to implement it. This lack of clarity can leave consumers with a confusing checkout experience across merchants and FIs, says Barclaycard Director...
Regulators in China have told eCommerce companies like Alibaba and JD.com to stop a monopolistic practice that makes merchants sign exclusive agreements, preventing them from selling on other platforms, according to a report by Reuters. Get the Full Story Complete the form to unlock this...
Airbnb suffered a blow on Tuesday (Nov. 5) when Jersey City residents voted to apply more regulations to short-term rentals, a decision that could have repercussions as the company prepares for an IPO, according to a report by CNBC. Get the Full Story Complete the...
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Two Democrats have introduced a new bill that would create a federal agency tasked solely with regulating the tech industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
