Legal & Regulation

Legal & Regulation
Merchants Call On Fed To Push PINless Routing Rules For Debit Transaction
August 13, 2021

The deadline has passed — and what looms now is whether or not the way debit transactions are done, particularly online, will change. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
Bipartisan Open App Markets Act Targets Google, Apple App Stores
August 13, 2021

The U.S. House of Representatives is aligning with the U.S. Senate in support of a bipartisan bill that specifically targets the app stores run by Google and Apple, Reuters and other news outlets reported on Friday (Aug. 13).  Get the Full Story Complete the form...

ANTITRUST
Facebook/Giphy Merger Worries UK Competition Watchdog
August 12, 2021

The U.K.’s Competition Market Authority (CMA) has raised some concerns about Facebook’s merger with the GIF provider Giphy that could derail the deal. The CMA said on Thursday (Aug. 12) that its provisional findings suggest the merger will harm competition between social media platforms and...

AML
Report: Crypto Exchanges Turn To Sanction Screening, Transaction Monitoring To Root Out Cybercrime
August 12, 2021

The past year has ushered in record growth for the eCommerce industry. Consumers around the globe are going online to buy everyday essentials and more — but this has also created significant regulatory challenges for the online platforms and marketplaces driving this trend. Cybercriminals have...

ANTITRUST
US Senate Bill Focuses On App Store Payment System Rules
August 11, 2021

U.S. Senators Richard Blumenthal (D-CT), Marsha Blackburn (R-TN), and Amy Klobuchar (D-MN) have introduced legislation Wednesday (Aug. 11) that would set rules governing app stores and allow developers to use third-party payments services and stores. Get the Full Story Complete the form to unlock this...

Legal & Regulation
FTC Sues FleetCor Over Fuel Card ‘Mystery Fees’
August 11, 2021

The Federal Trade Commission has filed an administrative complaint against fuel card company FleetCor for allegedly charging customers “hundreds of millions of dollars” in “mystery fees” connected to their cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
Uber On FTC’s Radar Over Gopuff Deal As Drizly Probe Continues
August 11, 2021

Already under investigation over its acquisition of alcohol delivery service Drizly, Uber once again is on the radar of the Federal Trade Commission (FTC) for its partnership deal with delivery platform Gopuff, according to The Information, citing a document it reviewed and two sources. Get...

Legal & Regulation
US Senate OKs $1T Infrastructure Bill, Includes Funds For EV Charging Network
August 10, 2021

The $1 trillion Senate-approved, bipartisan infrastructure bill will help to improve the nation’s internet services, roads, bridges, pipes and ports, a Washington Post report says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Legal & Regulation
Big Tech Compliance Tracker: BIS Wary Of Big Tech’s Power; Meituan Could Face $1B Penalty
August 09, 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,...