Legal & Regulation

Legal & Regulation
Big Tech Compliance Tracker: China Demands ‘Walled Gardens’ Opened; Fortnite Still Banned From South Korea...
September 13, 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,...

Bank Regulation
OCC Begins Public Civil Trial Against Former Wells Fargo Execs
September 13, 2021

A civil trial began on Monday (Sept. 13) against three former Wells Fargo executives for their alleged roles in the bank’s misconduct scandal, the Office of the Comptroller of the Currency (OCC) announced. Get the Full Story Complete the form to unlock this article and...

ANTITRUST
Fortnite Maker Will Appeal Apple Antitrust Ruling
September 13, 2021

Epic Games, the company behind the wildly popular video game Fortnite, says it will appeal last week’s ruling in the company’s federal antitrust case against Apple, Reuters reported on Sunday (Sept.12). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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...