A federal court has sided with Apple in its case against Epic Games, on Wednesday (Dec. 8) issuing a stay of an injunction that would require the company to allow external payment links in the Apple App store. Get the Full Story Complete the form...
From cryptocurrency and digital wallets to buy now pay later (BNPL) and legacy bank alternatives, Australia is undergoing the largest reform to its payments system in 25 years, Treasurer Josh Frydenberg said in an address to the Australia-Israel Chamber of Commerce in Melbourne on Wednesday...
Australia is set to announce plans for far-reaching reforms of its payments system’s regulation on Wednesday (Dec. 8), including the creation of a “considered regulatory framework” for cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In most industries, it’s been a long time since inspectors could just come into a plant with a clipboard and checklist and effectively regulate. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
After two months of hand-wringing and criticism from the financial industry and political opponents who feared President Biden’s nominee to oversee the nation’s top banks was too harsh, Saule Omarova’s bid to lead the Office of the Comptroller of the Currency (OCC) was withdrawn Tuesday...
The Financial Crimes Enforcement Network (FinCEN) handed down a Notice of Proposed Rulemaking to “implement the beneficial ownership information reporting provisions of the Corporate Transparency Act (CTA),” according to an agency announcement Tuesday (Dec. 7). Get the Full Story Complete the form to unlock this...
The U.S. Department of Justice (DOJ) is talking to Roblox and other game developers to determine whether Apple’s App Store rules are arbitrarily enforced in a way that harms competitors, The Information reported. Get the Full Story Complete the form to unlock this article and...
Stricter rules and more oversight are needed to curb the risk of bond funds throwing market stability and the runaway growth of decentralized finance (DeFi), the Bank for International Settlements (BIS) said in its December Quarterly Review. Get the Full Story Complete the form to...
Sanctions against Russia by the U.S. are being weighed to deter Russian President Vladimir Putin from launching an invasion into Ukraine, including severing the country from the SWIFT international payment system used by banks worldwide, CNN reported on Monday (Dec. 6), citing sources. Get the...
