A hodge-podge of privacy laws across the U.S. threatens to cost businesses more than $1 trillion over the next decade, with at least 20% of that burden falling on small- to medium-sized businesses, according to a report by the Information Technology and Innovation Foundation (ITIF)...
The U.K. Payment Systems Regulator (PSR) published a public consultation on January 26 in which it considers applying four potential remedies in the card-acquiring market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The U.S. SEC has been scrutinizing several crypto firms because of an inquiry into companies paying interest on virtual token deposits, Bloomberg reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Consumer Financial Protection Bureau (CFPB) launched an initiative to reduce “junk fees,” a move the agency said will save consumers billions of dollars each year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
After stepping up enforcing regulations in recent years, China is planning to launch a nationwide crackdown on money laundering, Bloomberg reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Japan’s competition regulator is expected to warn brokerage houses that undervaluing initial public offerings (IPOs) on the stock exchange could be a violation of the nation’s antimonopoly law, sources told The Japan Times. Get the Full Story Complete the form to unlock this article and...
Nvidia’s $40 billion deal with Arm may soon fall apart as the parties prepare to quietly abandon the transaction due to increasing antitrust concerns in the U.K., U.S. and China. The Federal Trade Commission (FTC) on Tuesday (Jan. 25) sued to block Lockheed Martin Corporation’s...
In a blog post on Jan. 19, the Consumer Financial Protection Bureau (CFPB) announced that given the significance credit cards and credit card debt represents for many households, it will turn its attention to ensuring what it calls a more fair, transparent and competitive credit...
Lockheed Martin Corp.’s $4.4 billion deal to purchase the last independent U.S. supplier of missile propulsion is in jeopardy. 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...