The Securities and Exchange Commission (SEC) has begun considering restrictions on the growth of special purpose acquisition companies (SPACs), the Financial Post reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Federal Trade Commission (FTC) is asking Congress to restore its authority to return funds to victims of fraud and other illegal activity, according to a Tuesday (April 27) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The European Union (EU) is set to hit Apple with an antitrust charge later this week after a two-year probe into the iPhone maker’s alleged anti-competitive behavior, the Financial Times reported on Tuesday (April 27), citing sources. Get the Full Story Complete the form to...
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,...
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...
