It’s rare when a regulator asks stakeholders and consumers for advice on how it monitors and enforces. 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...
The Credit Union National Association (CUNA) this week backed the Consumer Financial Protection Bureau’s (CFPB) probe of Google, Apple, Facebook, Amazon, Square and PayPal’s payments policies, according to a Wednesday (Dec. 22) report from Financial Regulation News. Get the Full Story Complete the form to...
EU Commissioner for Financial Services Mairead McGuinness delivered a speech in November at the annual conference of the European Payment Institutions Federation that encapsulated the EU payment strategy for the coming years, starting in the first half of 2022. Get the Full Story Complete the...
The Federal Trade Commission (FTC) is considering a wide range of options, including new rules and guidelines, to tackle data privacy concerns and algorithmic discrimination. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Pharmaceutical companies and biotech companies have undeniably enjoyed a very profitable 2021, and probably rightly so, for bringing to the market in record time effective vaccines to fight against COVID-19. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The U.K.’s Financial Conduct Authority (FCA) has fined HSBC Bank £63,946,800 ($84.7 million) for “failings” in its anti-money laundering (AML) system. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The Council of Financial Regulators released on Thursday (Dec. 16) its quarterly statement, where it endorsed the treasurer’s plans for a major reform in the payment system, including potential regulation of crypto-assets. Get the Full Story Complete the form to unlock this article and enjoy...
U.S. companies may have made significant progress in bringing innovation to the payment systems that undergird the digital economy, but regulation hasn’t necessarily kept apace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The European Union announced on Dec. 9 a legislative package with proposals to improve the working conditions of people using digital labor platforms. While many platform workers are truly self-employed as defined by the new proposed rules, there are an estimated 5.5 million people working...