Legal & Regulation

Legal & Regulation
BlackBerry Files Patent Infringement Lawsuit Against Twitter
February 28, 2019

BlackBerry, the once-maker of the BlackBerry mobile phone, has filed a lawsuit against Twitter contending the social media platform operator engaged in patent infringement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
FTC Puts Smackdown On Fake Online Reviews
February 27, 2019

One cannot have the good without the bad, and that holds especially true, it seems, with online product reviews — a vital, useful part of eCommerce that is reviled by consumers, marketplace sellers and merchants alike. Now comes news of a groundbreaking case involving fake...

Legal & Regulation
EU Report Calls For Finance Authorities, AML Oversight
February 27, 2019

European Union lawmakers released a report on Wednesday (Feb. 27) recommending that the EU create a police unit dedicated to the investigation of tax and financial crimes, as well as a watchdog organization to fight money-laundering, according to a report by Reuters. Get the Full...

Legal & Regulation
Korea Regulator To Force Banks To Play Nice With FinTech Firms
February 27, 2019

Korea’s Financial Services Commission is gearing up to roll out new rules that would require banks in Korea to open up their payment systems to FinTech players. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
eBay, Investors Discuss Future Of StubHub, Classifieds Biz
February 27, 2019

According to reports, eBay is in settlement talks with activist investors in the hopes of avoiding a proxy fight on the online marketplace. Citing sources familiar with the matter, Bloomberg reported that eBay has been meeting with Elliott Management and Starboard Value to discuss board seats...

Legal & Regulation
FTC Takes Fresh Aim At Big Tech — And Its Previous Mergers
February 27, 2019

It’s a process that stands not only as a familiar feature of U.S. history, but a part of global economic development stretching back centuries: First comes innovation, then comes growth based on that innovation (not just economic, but cultural and other forms of growth), then...

Legal & Regulation
SEC Says Musk Violated Settlement With Recent Tesla Tweet
February 26, 2019

The U.S. Securities and Exchange Commission is going after Tesla Chief Executive Elon Musk, preparing to pursue a contempt order over what it says are violations of his fraud settlement with the government agency. Get the Full Story Complete the form to unlock this article...

Legal & Regulation
Calif Lawmakers Seek More Stringent Data Privacy Law
February 26, 2019

California lawmakers are looking to make their strictest-in-the-nation data privacy law even tougher. 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...

Legal & Regulation
Rep Ocasio-Cortez Calls For Hearings On Banks Lending To Immigrant Prisons
February 25, 2019

New York Rep. Alexandria Ocasio-Cortez is asking for hearings in Congress on why Wall Street is lending money to private prisons that house undocumented immigrants, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...