Legal & Regulation

Legal & Regulation
European Banking Authority to Consider Reporting Requirements for Nonbanks
July 09, 2024

European Banking Authority Chairman Jose Manuel Campa said the watchdog organization may make reporting requirements for nonbank financial institutions a “next step.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Bank Regulation
Regulators Wary of Banks Outsourcing to Tech Firms
July 09, 2024

A top global banking regulator wants financial institutions to take more responsibility in outsourcing services. 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,...

Legal & Regulation
Report: Paytm Gets OK to Invest in Payments Subsidiary
July 09, 2024

Paytm has reportedly received government approval to invest $6 million in its crucial payments subsidiary. 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...

Bank Regulation
Australian Banking Association: Open Banking Rules Need ‘New Pathway Forward’
July 08, 2024

Australian Banking Association (ABA) CEO Anna Bligh said its “time to go back to the drawing board” when it comes to the country’s open banking rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

ANTITRUST
Delivery Hero Faces $433 Million EU Antitrust Fine
July 08, 2024

Germany’s Delivery Hero says it may face a “significant” fine over alleged antitrust violations. 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...

Bank Regulation
Ingo Payments’ Edwards Says Regulatory Tightrope Will Be BaaS’s Proving Ground
July 08, 2024

As the banking and payments business cross into the second half of 2024, many executives say we’re at a pivotal juncture — one that will require a steady hand on the wheel. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
Court Ruling: PayPal Australia Unfair to Small Merchants
July 05, 2024

Australia’s federal court has ruled that a term in PayPal’s contract for local small businesses is unfair. 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...

Legal & Regulation
Apple OKs Epic Games’ European Store
July 05, 2024

Epic Games’ long-running legal battle against Apple has reportedly taken a new turn. 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...

Legal & Regulation
Synapse Trustee Fights to Retain Crucial Data
July 03, 2024

The Synapse bankruptcy case had another court hearing on Wednesday (July 3), this one with consumers testifying to their financial losses and another status report filed by trustee Jelena McWilliams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...