Meta Platforms Inc. is fighting allegations by the United Kingdom’s antitrust watchdog that the tech giant is violating anticompetitive rules, Bloomberg reported Monday (April 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Elon Musk is inches away from sealing a deal to buy Twitter for approximately $43 billion, according to different news outlets. Musk, a self-described “free speech absolutist,” said in an interview during a TED conference on April 14 that “it is very important for [Twitter]...
On Saturday, April 23, 2022, at 2 a.m. the European Parliament and EU Member States reached a preliminary agreement on the Digital Services Act (DSA). The DSA establishes an extraordinary new threshold for internet platforms’ accountability when it comes to unlawful and harmful information. According...
The Chinese anti-corruption watchdog has reportedly put Tian Huiyu, the ex-president of China Merchants Bank, under investigation, The Wall Street Journal (WSJ) wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Intuit is facing a class-action lawsuit for reportedly not securing its email marketing service, Bloomberg reported Friday (April 22). 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...
Global money transfer company MoneyGram is getting ready to fight a civil lawsuit filed by the director of the Consumer Financial Protection Bureau (CFPB) and the New York Attorney General (NYAG) that alleges it failed to provide money to overseas recipients in a timely manner,...
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The Office of the Comptroller of the Currency (OCC) issued yesterday, April 21, 2022, two cease-and-desist orders against USAA Federal Saving Bank and Anchorage Digital Bank for violations of the Bank Secrecy Act (BSA) and deficiencies in their anti-money laundering (AML) programs. In the case...
After months of reading how lawmakers around the world are proposing new crypto regulations, crypto firms have decided to organize themselves to have a say in the design of these new regulations. Get the Full Story Complete the form to unlock this article and enjoy...
