Legal & Regulation

Legal & Regulation
Big Tech Compliance: Amazon To Pay Over $61.7 Million To Settle Tipping Claims; Mark Zuckerberg...
February 08, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and individuals. 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...

ANTITRUST
Douyin’s Anti-Competitive Lawsuit Against Tencent Moves Forward In Chinese Court
February 08, 2021

China’s Douyin, the Chinese version of TikTok, is suing fellow internet titan Tencent over allegedly monopolistic behavior. 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...

CFPB
Biden’s CFPB Focuses On Debt Collection As Early Priority
February 08, 2021

Every new presidential administration gets to make its imprint on regulations — and by extension, the financial services industry. 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...

ANTITRUST
China Clarifies Big Tech Monopoly Rules
February 07, 2021

China’s State Administration for Market Regulation (SAMR) published new guidelines Sunday (Feb. 7) to strengthen anti-monopoly restrictions on Big Tech platforms, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

ANTITRUST
Sen. Amy Klobuchar Plans Antitrust Bill Targeting Tech Industry
February 04, 2021

Sen. Amy Klobuchar (D-Minn.), the incoming head of the Senate antitrust subcommittee, is planning to introduce a bill to bolster competition laws and antitrust enforcement, The Hill reported on Thursday (Feb. 4). Get the Full Story Complete the form to unlock this article and enjoy...

Bank Regulation
UK Regulator Awards Full Bank License To Cashplus
February 04, 2021

Cashplus, a credit card lender for small- to mid-sized enterprises (SMEs), has now become a full bank for SMEs in the U.K., a report from AltFi says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

AML
Shifting Crypto Regulations Spotlight Need For ID Verification
February 04, 2021

In a bid to bring better transparency to corporate actions — and reduce fraud — in the digital age, the regulatory landscape is shifting. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
Robinhood Confronting Over 30 Civil Lawsuits For Curbing Trading
February 03, 2021

Digital investing startup Robinhood is looking at 30-plus civil lawsuits days after it limited stock buys for GameStop on its app, The Wall Street Journal (WSJ) reported Wednesday (Feb. 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

ANTITRUST
ByteDance Lawsuit Alleges Tencent Violated China’s Antitrust Laws
February 02, 2021

ByteDance’s Douyin launched a lawsuit against Tencent Holdings alleging that its WeChat and QQ platforms are in violation of China’s antitrust laws, Bloomberg reported on Tuesday (Feb. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...