About three weeks after it was reported that delivery service DoorDash was suing its business partner, software provider Olo, for allegedly overcharging it, the two companies have resolved their dispute. In a joint news release, the two companies announced Thursday (April 22) that they have...
The slew of online outages over the past several months – from Robinhood to Chime to WhatsApp – show just how interconnected various aspects of financial services, such as investing and banking, have become. And increasingly found at the center of all these financial platforms...
Under a new Supreme Court ruling, the Federal Trade Commission (FTC) will have much less authority to enable monetary relief for customers when companies are found to use deceptive practices, CNBC reports. Get the Full Story Complete the form to unlock this article and enjoy...
The American Bankers Association (ABA) said in testimony last week that it believes standards for cryptocurrency businesses should be strengthened. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
For now – and maybe for a long while – it will be tougher to get ill-gotten gains back from the bad actors … at least without an additional act of Congress. As reported on Thursday (April 22), the U.S. Supreme Court handed down a...
Epic Games CEO Tim Sweeney will attend a weeks-long antitrust trial against Apple, Reuters reported. Apple’s Phil Schiller, who leads the App Store, will also be present at the trial. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Lina Khan, the President Joe Biden nominee for chair of the Federal Trade Commission (FTC), said antitrust enforcers should be looking harder at the power Big Tech has over digital markets, including online journalism, app markets and more, Bloomberg reported. Get the Full Story Complete...
A bill passed by the U.S. House of Representatives this week would create a digital asset working group designed to promote collaboration between regulators and the private sector to encourage innovation, according to a press release from Financial Services Republicans. Get the Full Story Complete the...
Antitrust regulators in the U.K., Australia and Germany have issued a warning that the COVID-19 pandemic was not a reason to acquire companies that would stifle competition, Financial Times (FT) reported on Tuesday (April 20). Get the Full Story Complete the form to unlock this...
