Legal & Regulation

ANTITRUST
Report: Meta Facing EU Fine for Linking Facebook and Marketplace
July 25, 2024

Meta Platforms is reportedly facing its first antitrust fine in the European Union (EU). 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....

Bank Regulation
FDIC Vice Chairman Travis Hill: Basel III Endgame Needs Re-Proposal
July 24, 2024

The Basel III Endgame proposal requires “broad and material changes,” and a re-proposal is necessary, Federal Deposit Insurance Corp. (FDIC) Vice Chairman Travis Hill said Wednesday (July 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
Telecom Subsidy Ruled Unconstitutional, May Go to Supreme Court
July 24, 2024

A monthly charge on American phone bills that subsidizes telecom services for poor and rural users may be reviewed by the U.S. Supreme Court after a federal appeals court said the charge is unconstitutional. Get the Full Story Complete the form to unlock this article...

Bank Regulation
UK Banks Face New Restrictions on Branch Closures
July 24, 2024

Great Britain’s financial regulator has just made it harder for banks to shutter branches. 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...

ANTITRUST
Spanish Competition Regulator Probes Apple App Store
July 24, 2024

Spain’s antitrust regulator has opened an investigation into Apple’s App Store. 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 this form,...

Legal & Regulation
FTC Investigating Companies’ Use of Personal Data to Set Prices
July 23, 2024

The Federal Trade Commission (FTC) is looking to learn more about companies’ use of personal data to categorize individuals and set individualized prices for the same goods or service — a practice it calls “surveillance pricing.” Get the Full Story Complete the form to unlock...

ANTITRUST
EU Launches Delivery Hero and Glovo Antitrust Investigation
July 23, 2024

Delivery Hero and its Spanish unit Glovo are under investigation by Europe’s antitrust watchdog. 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...

AML
Financial Technology Protection Act Passes House, Heads to Senate
July 22, 2024

The House of Representatives passed a bill on Monday (July 22) that is designed to combat the use of financial technology for illicit finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
FTC: Federal Court Freezes Assets of USA Student Debt Relief
July 22, 2024

The Federal Trade Commission (FTC) said Monday (July 22) that a federal court halted the operations and froze the assets of the operators of USA Student Debt Relief (USASDR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...