Since many European Union (EU) countries have now brought PSD2 and GDPR fully into their financial infrastructures, banks and merchants must prepare for the upcoming Strong Customer Authentication (SCA) rule and its fast-approaching September deadline. EU banks and merchants also face the changes to data security,...
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...
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...
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...
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...
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 —...
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...
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...
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...