Legal & Regulation

Legal & Regulation
Stripe On SCA’s $100B-A-Year Problem
April 18, 2019

Strong Customer Authentication (SCA) is set to debut on September 14, and there’s a $100 billion problem looming if merchants across Europe do not make the mad dash to keep up. The PSD2-related regulation counts itself among a raft of those set to become law...

ANTITRUST
Italy Antitrust Authority Investigating Five Amazon Companies
April 16, 2019

The Italian Competition Authority (ICA) has launched an investigation into five separate Amazon outfits to determine whether the company is taking advantage of its position as the foremost logistical and eCommerce service, according to a report from Reuters. Get the Full Story Complete the form...

Legal & Regulation
Market Regulator In Germany Files Complaint Alleging Wirecard Short Sale
April 16, 2019

A German markets regulator has filed a complaint with prosecutors alleging that shares of Wirecard were manipulated by someone who potentially had prior knowledge of a forthcoming damaging article written by the Financial Times, according to Reuters.    Get the Full Story Complete the form...

Legal & Regulation
Legislators In The EU Close Banking Loopholes
April 16, 2019

Legislators in the European Union have approved a slew of banking reforms including the closing of loopholes exposed by the financial crisis, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
UK Lawsuit Against Mastercard Gains Court Support
April 16, 2019

A consumer lawsuit against Mastercard in the U.K. got approval to move forward after a court reversed a ruling by the Competition Appeal Tribunal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
UK Regulator: Stop Pushing Kids Into Apps
April 16, 2019

The U.K.’s tech regulator, the ICO, wants companies like Facebook and Snap to stop enticing kids to their websites and apps. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Legal & Regulation
FTC Fines Avant $3.85M For Customer Deception
April 15, 2019

The Federal Trade Commission announced on Monday (April 15) a $3.85 million settlement with online lender Avant over a lawsuit alleging the firm lied to customers and used other illegal tactics. Specifically, the FTC said Avant “advertised that it would take payments by credit or debit...

Legal & Regulation
Law Enforcement Use Of Google Search Warrants Increasing
April 15, 2019

Law enforcement agencies around the country are increasingly going after search warrants to obtain information from Google, based on the location data of phones near crimes, The New York Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
EU Government Backs New Laws To Protect Creative Industries
April 15, 2019

Governments making up the European Union have backed an initiative by the European Commission aimed at protecting Europe’s creative industries, ensuring fair compensation when the likes of Google and Facebook use their content. Get the Full Story Complete the form to unlock this article and...