European lawmakers voted to spruce up legislation aimed at tech giants to put a stop to unfair business practices, according to a Reuters report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
European Union finance ministers worked out a plan for combating money laundering and also made a deal on major bank reform on Tuesday (Dec. 4), according to reports from Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Federal Trade Commission announced Tuesday (December 4) it is seeking comment on whether the agency should make changes to rules requiring financial institutions and creditors to take certain steps to detect signs of identity theft affecting their customers. Get the Full Story Complete the...
Visa and Mastercard are offering to cut fees that are paid by merchants on tourists’ card payments made in the European Union — an effort that would help end an antitrust investigation in the region. Get the Full Story Complete the form to unlock this...
As GDPR continues to take root, having an impact in Europe and beyond the confines of the continent, news came late last month that the European Data Protection Board has published draft guidelines that touch on the data protection regulation’s territorial scope. Get the Full...
Financial Times reports that a number of banks in the U.K. have agreed to give smaller firms more power when it comes to complaints about their lenders (which include the banks) – a move that the publication said aims to “restore trust” in corporate banking....
Eight members of Congress wrote a letter to Amazon CEO Jeff Bezos on Thursday, reiterating its concerns about the tech giant’s facial recognition software, called Rekognition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Federal Trade Commission (FTC) testified on Tuesday (Nov. 27) before the U.S. Senate Commerce Subcommittee regarding the agency’s work on consumer protection, product safety, insurance and data security. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Uber was hit with a fine by U.K. and Dutch regulators on Tuesday (Nov. 27) for the data breach in 2016 that impacted millions of users. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
