Legal & Regulation

ANTITRUST
German Competition Authority Investigating Apple
June 21, 2021

Germany’s competition authority has launched an investigation into Apple based on new competition law regulations for Big Tech companies. 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...

Legal & Regulation
EU Digital Chief Rejects Concern That Regulation Is Anti-US
June 20, 2021

Margrethe Vestager, the EU’s head of digital and competition policy, doesn’t think the EU’s new policies are too targeted towards Americans, Financial Times (FT) writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

ANTITRUST
House Judiciary Committee To Vote On Six Antitrust Bills
June 18, 2021

The U.S. House of Representatives Judiciary Committee will vote next week on a series of bipartisan antitrust bills regarding big technology companies like Apple, Amazon, Facebook and Google, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
US Senator Revamps Bill To Include New Agency To Enforce Data Privacy Laws
June 17, 2021

Sen. Kirsten Gillibrand wants to beef up privacy regulation and has rolled out a new version of her Data Protection Act, Vox reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

ANTITRUST
China Intensifies Antitrust Scrutiny On Domestic Tech Businesses
June 17, 2021

Chinese officials are stepping up antitrust probes into numerous domestic technology firms, popping into facilities unannounced, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

AML
Deep Dive: How Privacy-Enhancing Technologies Can Ease Customers’ AML/KYC Confidentiality Concerns
June 17, 2021

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Legal & Regulation
Proposed Bills Aim To Reduce Fines For NYC Main Street Businesses
June 16, 2021

New legislation proposed by two New York City council members aims to help mom-and-pop shops by reducing fines and relaxing code enforcement, The Wall Street Journal reported on Wednesday (June 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

ANTITRUST
Google And Amazon Face Antitrust Accusations On The Hill
June 16, 2021

Last week U.S. lawmakers fired a shot across Big Tech’s bow, introducing five new bills designed to curb what lawmakers have described as “unregulated power” held by the firms of Silicon Valley. If enacted, the legislation would mark the biggest changes to U.S. antitrust law...

AML
How Cryptocurrency Exchange Gemini Balances AML/KYC Compliance And Customer Privacy
June 16, 2021

Cryptocurrencies’ anonymous nature makes them popular, but crypto exchange platforms are still required to collect buyers’ personal data for anti-money laundering (AML) and know your customer (KYC) compliance. In the AML/KYC Tracker, Gemini Chief Compliance Officer Elena Hughes explains how platforms can selectively collect data...