Today in TechREG, a group of European Union lawmakers informed Parliament about their visit to Silicon Valley highlighting the positive feedback from Big Tech to the new EU regulation but raising questions about future compliance. In the U.S., Big Tech companies may need to deal...
Google, Meta, TikTok and other companies in the online advertising industry may face a new regulatory landscape in the United Kingdom as a result of new legislation, the creation of a new regulator and even enforcement actions. Get the Full Story Complete the form to...
Despite the absence of specific legislation mandating the use of open banking in the U.S., this practice is growing across the country. Open banking — when banks and financial institutions provide third parties with access to customers’ financial data — allows third parties to initiate...
Oversight of crypto assets is a hot regulatory topic in the U.S. 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...
The Australian Competition & Consumer Commission (ACCC) has brought proceedings against Mastercard for allegedly engaging in anticompetitive practices, according to a Monday (May 30) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Attorneys for the online trading platform Robinhood Markets say they’ve come to an agreement in principle that resolves a lawsuit by investors who say they were blocked from trading during an outage in March 2020. Get the Full Story Complete the form to unlock this...
This week, U.S. policymakers and regulators made their cases on crypto assets and central bank digital currencies (CBDCs). While regulators tend to be very skeptical about cryptocurrencies, even saying that the digital assets depend on “hype,” the position on CBDCs is more positive. Lawmakers, on...
Sanctions have been dominating headlines. 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, you agree to receive...
The Consumer Financial Protection Bureau (CFPB) wants to remind consumers that federal law requires companies to explain specific reasons for denying credit applications, even when the creditor employs credit models using complex algorithms, according to a Thursday (May 26) press release. Get the Full Story...
