Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger handed in her resignation Wednesday (Jan. 20) at the request of U.S. President Joe Biden, newly sworn in as the 46th U.S. president, Bloomberg Law reported. Get the Full Story Complete the form to unlock this article...
Amazon has filed a lawsuit against the European Union, accusing the EU’s competition watchdog of granting Italian antitrust officials leeway, according to Reuters on Wednesday (Jan. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Chinese government is preparing to crack down on what it views as antitrust behavior in the payments sector by tech giants such as Ant Group and Tencent Holdings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
If the chief executives of Big Tech companies in the U.S. don’t show at next month’s virtual hearing, some European Parliament members (MEPs) said sanctions could be imposed, the Financial Times reported on Tuesday (Jan. 19), citing sources. Get the Full Story Complete the form...
As reported, President-elect Joe Biden nominated Rohit Chopra, a commissioner at the Federal Trade Commission (FTC), to lead the Consumer Financial Protection Bureau (CFPB), replacing Kathy Kraninger as director (who remains in her post in a term that technically runs through 2023, but is likely...
Fines levied under the General Data Protection Regulation (GDPR) jumped almost 40 percent in the past 12 months as European Union (EU) regulators stepped up enforcement efforts, Financial Times (FT) reported on Tuesday (Jan. 19). Get the Full Story Complete the form to unlock this...
The Federal Aviation Administration is letting commercial drone-maker American Robotics operate drones without on-site pilots — but with a number of caveats, according to a decision recently posted on the agency’s website. Get the Full Story Complete the form to unlock this article and enjoy...
President-elect Joe Biden is looking at two ex-President Barack Obama officials to run the top antitrust job at the U.S. Department of Justice (DOJ), Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
After having its $37 billion dual IPO pulled by Beijing, Jack Ma’s Ant Group is working fast to overhaul operations to comply with government regulations, The Wall Street Journal reported on Friday (Jan. 15). Get the Full Story Complete the form to unlock this article...
