Global tech companies like Google and Facebook have started lobbying against the U.K.’s proposed “duty of care” rules meant to prevent online harms, the Financial Times reported. The Internet Association (IA) — based in Washington, and including Google, Facebook, Microsoft and Twitter — said the...
Facebook’s announcement of Libra late last month has spurred greater regulatory oversight of cryptocurrencies, with a particular eye on who may be bringing those cryptos into the larger payments ecosystem. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The United States has removed certain restrictions on Huawei Technologies Co. 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 daily newsletter, PYMNTS Today. By completing...
The Trump administration claims that its plan to roll back some federal rules will lead to an increase in Americans’ household incomes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Puerto Rico is still trying to recover from 2017’s Hurricane Maria, and much of that effort involves getting more tourists to visit the island. The sharing economy could play a role in that and other recovery work — something the government has noticed. What’s going on...
The head of Germany’s Federal Cartel Office said on Thursday (June 27) that cryptocurrency backed by large tech companies could be put under a microscope by antitrust regulators, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...
The European Union will be taking a closer look at proposals to restrict or ban some uses of automated surveillance tools, including facial-recognition software. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
U.S. President Donald Trump lashed out at the EU on Wednesday (June 26) for its aggressive pursuit of U.S. tech companies and singled out EU antitrust commissioner Margrethe Vestager, saying she “hates America.” Get the Full Story Complete the form to unlock this article and...
With the Strong Customer Authentication (SCA) deadline looming in September, the mandate by the European Banking Authority requiring “strong customer authentication” for all electronic payments over €10 is causing banks to play catch-up. Get the Full Story Complete the form to unlock this article and...
