The headlines in recent weeks tied to the Office of the Comptroller of the Currency (OCC) have centered on legal disputes over national bank charters for FinTech companies. As has been reported in past weeks, a ruling handed down by a federal judge in New...
Germany’s financial markets watchdog BaFin has ordered FinTech N26 to boost its anti-money laundering (AML) controls. 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...
European Competition Commissioner Margrethe Vestager said measures put in place for Google to boost competition in online shopping results appear to be working, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
New data shows that the U.S. Securities and Exchange Commission (SEC) has only collected 55 percent of the $20 billion in fraud-related fines it imposed over the last five fiscal years. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
According to the European Union Chamber of Commerce in China, incidences of European companies being “forced” to transfer technology in China are on the rise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
PSD2 and GDPR are changing all the rules when it comes to payments, presenting a unique opportunity for social media and technology companies to access customers’ information, data and money. These new regulations require banks to share their data with third parties, which have moved...
Tom Watson, an MP and deputy leader of the Labour Party, has said he’s asking the U.K.’s Competition and Markets Authority (CMA) to investigate Amazon’s $575 million investment in Deliveroo during its most recent funding round, according to a report by TechCrunch. Get the Full...
EU Competition Commissioner Margrethe Vestager said breaking up social media giant Facebook would be a last resort, 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 — no...
Most consumers have come to expect a one-stop, one-click shopping experience, and merchants want to deliver. eCommerce innovations have been focused on removing frictions for years, and many checkout processes have been streamlined to the point where customer frustrations are minimal. Get the Full Story...
