Didi, Tencent and Alibaba are among Chinese digital companies being fined by China’s official market regulator — the State Administration of Market Regulation (SAMR) — over merger and acquisition deals, Reuters reported on Wednesday (July 7). Get the Full Story Complete the form to unlock this...
Following a series of scandals, the European Commission wants to create a new Anti-Money Laundering Authority (AMLA), the Financial Times reported Wednesday (July 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Food delivery startup Foodinho was hit with a €2.6 million euro ($3.1 million) fine by Italy’s data protection watchdog following a probe of the delivery platform’s management of its 19,000 riders in the country, Reuters reported. Get the Full Story Complete the form to unlock...
Didi, the ride-hailing giant, has said it might see a revenue drop as of a new regulatory order to remove its apps from app stores in China amid cybersecurity investigations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Facebook, Twitter and Google are among the big companies threatening to quit offering services in Hong Kong if the authorities’ proposed changes pass, making those companies responsible for malicious sharing of individuals’ data on the internet, The Wall Street Journal (WSJ) wrote Monday (July 5)....
Margrethe Vestager, the European Commission (EC) executive vice-president and competition commissioner, said on Friday (July 2) that Apple can’t use privacy and security concerns to stifle competitors on its App Store, Yahoo Finance reported. Get the Full Story Complete the form to unlock this article...
China’s market regulator is preparing to crack down on illegal pricing, including online platforms that charge different prices based on customer buying patterns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Monetary Authority of Singapore wants more power to conduct financial misconduct investigations, proposing new rules that would allow its officers to enter premises without a warrant or even prior notice. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
New expansive anti-money laundering (AML) priorities for financial institutions were recently handed down by the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
