Regulation

Regulation
Google Hit With $57M GDPR Fine
January 21, 2019

Alphabet Inc.’s Google was hit with a $57 million fine Monday (Jan. 21) by a French regulator, in what the Wall Street Journal reported is the largest penalty under the new European General Data Protection Regulation (GDPR) privacy law. Get the Full Story Complete the form...

Regulation
US Regulators Eye ‘Record’ Facebook Fine
January 18, 2019

Regulators in the United States have reportedly met to discuss levying fines against social media giant Facebook, a punishment that could be sizable in scope and which comes in the wake of privacy violations. Get the Full Story Complete the form to unlock this article...

Regulation
Austrian Lawyer Files Complaint Against Tech Firms Over GDPR
January 18, 2019

An Austrian lawyer has filed a complaint against eight tech giants, including Amazon, Apple, Netflix, Spotify and You Tube, for failing to comply with the European Union’s General Data Protection Regulation (GDPR). Get the Full Story Complete the form to unlock this article and enjoy...

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Rep Waters Looks To Undo Mulvaney’s CFPB
January 17, 2019

The relationship between the House Financial Services Committee and the Consumer Financial Protection Bureau (CFPB) is about to change. 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...

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Estonian Parliament Rejects Portion Of Anti-Money Laundering Proposal
January 17, 2019

Estonia, a country embroiled in a money laundering scandal involving a small branch of Denmark’s Danske Bank, has rejected a critical part of proposed anti-money laundering (AML) legislation, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
Government Shutdown Threatens Trump’s Financial Deregulation
January 17, 2019

The government shutdown, which is now the longest in modern history, is hurting President Donald Trump’s deregulation plans in the financial services industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
Rubio’s Privacy Bill Takes Aim At Facebook, Google, Amazon
January 17, 2019

Senator Marco Rubio (R-Fla.) has introduced new legislation that would create federal standards of privacy protection for companies like Facebook, Amazon, and Google. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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India’s New eCommerce Rules Could Cost $46B In Lost Sales
January 16, 2019

PwC, the global consulting firm, is warning that a move by India to place new foreign investment restrictions on eCommerce could result in a $46 billion reduction in internet-based purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
Alexandria Ocasio-Cortez Joins House FinServ Committee
January 16, 2019

After two years of a lack of tough oversight, Wall Street firms should brace themselves for increased scrutiny as progressive U.S. Representative Alexandria Ocasio-Cortez of New York is likely to join the House Financial Services Committee. Get the Full Story Complete the form to unlock this...