Legal & Regulation

Legal & Regulation
Finicity CEO: Regulatory Patchwork Holds Back Open Banking Efforts in the US
December 16, 2021

U.S. companies may have made significant progress in bringing innovation to the payment systems that undergird the digital economy, but regulation hasn’t necessarily kept apace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

AML
Biometric Onboarding Seen as Must-Have in FinTech Fight Over Identity Theft
December 15, 2021

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 marketing communications from PYMNTS and...

ANTITRUST
UK Regulator Advocates Change to Google, Apple’s ‘Vice-Like Grip’ on Mobile App Ecosystems
December 14, 2021

The U.K. Competition and Markets Authority (CMA) published an interim report on Tuesday (Dec. 14), that found Google and Apple “exercise a vice-like grip over mobile devices.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
EU May Regulate How Gig Platforms Use Algorithms
December 14, 2021

The European Union announced on Dec. 9 a legislative package with proposals to improve the working conditions of people using digital labor platforms. While many platform workers are truly self-employed as defined by the new proposed rules, there are an estimated 5.5 million people working...

Legal & Regulation
Ex-Treasury Official: Crypto Fits Under Existing Financial Regulations, So ‘Deal With It’
December 14, 2021

The rules apply to you. Now get over yourselves and start complying. 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...

ANTITRUST
Polish Regulator Probes Apple Over App Tracking
December 13, 2021

Apple is facing regulatory trouble in Poland over antitrust concerns related to the App Tracking Transparency for iOS, according to a Monday (Dec. 13) report from Apple Insider. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
Biden Signs Executive Order on Streamlining Various Government Processes
December 13, 2021

U.S. President Joe Biden signed an executive order on Monday (Dec. 13), making it so 17 government agencies will now have to make it easier for people to apply for government-provided services, a press release from The White House notes. Get the Full Story Complete...

Legal & Regulation
Britain Wary of Foreign Takeovers By U.S. Companies 
December 13, 2021

British officials are taking a closer look at potential foreign takeovers, making it tougher for American companies to follow a longstanding route to international expansion through deep-pocketed acquisitions, The Wall Street Journal reported Sunday (Dec. 12).  Get the Full Story Complete the form to unlock...

Legal & Regulation
PATA Act Would Oblige Social Media Firms to Disclose Data to Researchers
December 10, 2021

A new bill, titled The Platform Accountability and Transparency Act (PATA), would oblige social media firms to share platform data with independent researchers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...