U.S. President Donald Trump lashed out at the EU on Wednesday (June 26) for its aggressive pursuit of U.S. tech companies and singled out EU antitrust commissioner Margrethe Vestager, saying she “hates America.” Get the Full Story Complete the form to unlock this article and...
With the Strong Customer Authentication (SCA) deadline looming in September, the mandate by the European Banking Authority requiring “strong customer authentication” for all electronic payments over €10 is causing banks to play catch-up. Get the Full Story Complete the form to unlock this article and...
Algorithms and artificial intelligence — artfully applied, but for less-than-ideal purposes? 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...
The governor of Illinois signed a marijuana legalization bill on Tuesday (June 25), making it the 11th state to legalize pot. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Randal Quarles, chair of the Financial Stability Board (FSB), said there won’t be a specific item on the agenda about Facebook’s Libra at the G20 summit in Japan, but that regulators will need to closely watch the proposed cryptocurrency, according to a report by Reuters....
With Open Banking expanding across the EU, legacy FIs are increasingly at risk of losing customers to FinTech firms that now have access to previously siloed customer data. In the new PSD2 Tracker, Markos Zachariadis, associate professor of information systems and management at Warwick Business...
The House Financial Services Committee has scheduled hearings about the proposed merger between BB&T and SunTrust Banks, as well as the Facebook-planned cryptocurrency Libra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
In a published interview, California Governor Gavin Newsom said big tech companies in his state could soon be “steamrolled” through federal regulations. Significant changes could impact them at the federal and state levels, according to Axios. “Are they going to lead in that conversation and...
To force the world’s biggest retailer to stop using the Jetblack name for its personal shopping service, JetBlue Airways has sued Walmart Inc. over trademark infringement. The airline said the name is a “transparent attempt” by the retailer to take advantage of the goodwill of...
