Legal & Regulation

Legal & Regulation
China’s Regulator Orders Tech Companies to Open ‘Walled Gardens’
September 12, 2021

A China regulator has told tech giants Alibaba, Tencent and others to stop blocking one another’s website links on their respective platforms, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
Ruling: Apple Can’t Force In-App Purchasing
September 10, 2021

Apple can’t force developers to use its in-app purchasing, a federal judge ruled on Friday (Sept. 10) following the trial pitting the tech giant against Epic Games, maker of Fortnite. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

CFPB
CFPB Sues LendUp Alleging Online Lender Broke Consent Order
September 08, 2021

The Consumer Financial Protection Bureau (CFPB) is alleging in court that LendUp Loans has violated a 2016 consent order and deceived borrowers, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

ANTITRUST
Facebook Blasts Britain’s Concerns About Its Giphy Acquisition
September 08, 2021

Facebook made an argument against selling Giphy in response to Britain’s Competition and Markets Authority (CMA), after the British regulator flagged access and competition concerns that would arise from the social media platforms joining forces. Get the Full Story Complete the form to unlock this...

Legal & Regulation
Big Tech Compliance Tracker: Apple’s App Store Policies Face Scrutiny; Ireland Slams What’sApp with Record...
September 07, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. 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,...

CFPB
Small Lenders Question Scope, Impact of CFPB’s Proposed Disclosure Rules
September 03, 2021

Two organizations representing lenders have expressed reservations about a new rule proposed Wednesday (Sept. 1) by the Consumer Financial Protection Bureau (CFPB). The rule, if finalized, would require lenders to disclose information about their lending to small businesses. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
China Pushes for Increased Insurance Regulations
September 03, 2021

China’s banking and insurance watchdog is looking to stiffen its oversight of insurance companies to limit financial risks and put out a draft guideline to achieve that goal as the country looks to recover from its COVID-19 pandemic-triggered economic struggles, according to Reuters. Get the...

Legal & Regulation
Robinhood Blasts ‘Draconian’ SEC Ban
September 03, 2021

Robinhood Markets says it is considering legal action against the Securities and Exchange Commission after the agency said it could ban payment for order flow, one of its chief revenue sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal & Regulation
From Disruptors to Disrupted: Robinhood, Others, Face Business Model Challenges 
September 03, 2021

The business models that have promised to be disruptors are, in some cases, themselves being disrupted. 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...