Regulators in China could force Tencent to spin WeChat Pay into its newly-created payments subsidiary, which could cause the need for the mobile payments service to obtain a new license, Bloomberg reported on Friday (March 18), citing sources with insider information. Get the Full Story...
The U.K. government will unveil on Thursday its long-awaited Online Safety Bill, which seeks to curb online harms by significantly increasing the responsibilities of Big Tech firms to monitor content posted on their platforms. Get the Full Story Complete the form to unlock this article...
The Federal Trade Commission (FTC) on Friday (March 11) charged Denver-based HomeAdvisor, Inc., with “a wide range of deceptive and misleading tactics” by selling home improvement project leads to service providers, including small business owners, since at least the middle of 2014. Get the Full...
The Central Bank of Brazil unveiled stricter regulations for FinTech firms Friday (March 11), imposing regulations based on the size and complexity of these companies and creating tougher standards for required capital. Get the Full Story Complete the form to unlock this article and enjoy...
Since 2016, the European Commission has been designing a data strategy that aims to facilitate companies’ access to vast amounts of data they couldn’t access on their own, Nicolo Zingales, Professor of Information Law and Regulation, told PYMNTS about how the EU — with the...
The Department of Justice (DOJ) announced on Thursday (March 10) that its Antitrust Division and the Federal Trade Commission (FTC) will cohost a conference on April 4. Assistant Attorney General Jonathan Kanter and FTC Chair Lina M. Khan, as well as senior staff from both...
Securities and Exchange Commission Chair Gary Gensler delivered his remarks on Thursday March 10 before the Investor Advisory Committee that was devoted to the use of artificial intelligence in robo-Advisory services and cybersecurity disclosures. Get the Full Story Complete the form to unlock this article...
South Korean telecommunication regulators have banned Apple Inc., Alphabet’s Google and other app store operators from forcing software developers to use their payments systems, The Korea Herald reported Thursday (March 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The road to payments processing is littered with potholes, and it appears Binance, the world’s top cryptocurrency exchange, drove into one Monday (March 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
