The General Data Protection Regulation (GDPR), which went into effect May of 2018, has had some serious repercussions on tech companies all over Europe, but especially in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Through a settlement with online lender Enova International, Inc., The Consumer Financial Protection Bureau (CFPB) announced on Friday (Jan. 25) that the company would, among other conditions, pay a civil money penalty of $3.2 million. The company also is prohibited from initiating electronic fund transfers without valid...
More than 70 nations are planning to restart World Trade Organization talks in an effort to create a standard set of rules to govern the sharing of eCommerce and cross-border data. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The United States government is raising concerns about India’s eCommerce regulations that go into effect on Feb. 1, which will prevent companies from selling products through companies in which they have a stake. The rule also prevents them from inking exclusive deals with sellers. Get...
World leaders from countries including Japan, South Africa, China, and Germany said there should be global oversight of the technology industry, underscoring the interest internationally to regulate tech, which is an area where the U.S. leads. Get the Full Story Complete the form to unlock...
Tech giants like Facebook, Apple, Google, Twitter and Microsoft spent $64 million last year in the hopes of helping to influence regulations and combat increased scrutiny from U.S. politicians, according to a report in The Washington Post. Get the Full Story Complete the form to...
Mastercard was slapped with a $648.3 million fine by the European Union, which alleged that the payments company raised the costs of card payments artificially. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Last year brought the General Data Protection Regulation (GDPR) deadline, Europe’s attempt to boost online privacy and security for consumers — a law that just resulted in a $57 million fine against Google, which was accused of not doing enough to gain the consent of users...
Margrethe Vestager, the European Union’s top antitrust cop, is coming to the end of her term as antitrust enforcer, but not before she plans to release a report laying out a long-term plan to police the world’s largest tech companies. Get the Full Story Complete...
