Businesses in India with an annual turnover of Rs 10 crore and above will be mandated to use electronic invoicing as of Oct. 1 in a move by the Central Board of Indirect Taxes and Customs (CBIC) intended to plug revenue leakages and facilitate compliance. Get the...
Amazon has reportedly hired Judd Smith, a former counsel to the Senate Judiciary Committee, in an effort to fend off an antitrust bill aimed at Big Tech. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
There are reportedly “major concerns” among European regulatory officials about the ability to hire specialized staff to help regulate crypto. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Citing concerns about the spread of misinformation in their country’s upcoming election, Brazilian prosecutors are asking messaging platform WhatsApp to hold off on the debut of a new feature called “Communities.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Auto finance companies were sent a joint letter from the U.S. Department of Justice (DOJ) and the Consumer Financial Protection Bureau (CFPB) alerting them about the additional protections offered to military families under the Servicemembers Civil Relief Act (SCRA). Get the Full Story Complete the...
The Federal Trade Commission has accused payment processor First American Payment Systems and two of its sales affiliates of “trapping small businesses with hidden terms, surprise exit fees, and zombie charges.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The head of the Federal Trade Commission (FTC) reportedly led a vote to sue Meta Platforms earlier this week over the objections of the commission’s staff. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Ex-Commodity Futures Trading Commission (CFTC) chief Chris Giancarlo has said the European Union’s Markets in Crypto Assets (MiCA) bill might end up exporting European crypto regulation and damage U.S. chances at making more concrete rules. Get the Full Story Complete the form to unlock this...
The European Commission is mulling the idea of a new directorate seeking to rein in Big Tech, which could be headed up by two top antitrust officials. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...