Legal & Regulation

Bank Regulation
OCC Finalizes Long-Held Rule On Banking Equality
January 14, 2021

The Office of the Comptroller of the Currency (OCC) released a finalized rule on ensuring fair access to banking services from large national banks, federal savings associations, and federal branches and agencies of foreign bank organizations, according to a press release. Get the Full Story...

ANTITRUST
Epic Doubles Down On Legal Battle With Apple
January 14, 2021

The dispute between Epic Games and Apple is deepening, Bloomberg said Thursday (Jan. 14), as Epic decries the removal of its popular Fortnite game from the App Store as unlawful. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
Amazon Says Parler Lawsuit Is Invalid Because Of Terms Of Service Violations
January 14, 2021

Amazon has hit back against social media site Parler in its lawsuit over the site’s removal from the cloud of Amazon Web Services (AWS), court documents say. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

ANTITRUST
Connecticut AG Launches Antitrust Probe Into Amazon’s eBook Business
January 14, 2021

Connecticut Attorney General William Tong is launching an antitrust probe into how Amazon runs its eBook business, the Wall Street Journal (WSJ) reported on Thursday (Jan. 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

ANTITRUST
Singapore Competition Board: Uber Must Pay S$6.6 Million Fine Over Merger Deal
January 13, 2021

Singapore’s Competition Appeals Board has upheld fines of S$6.6 million (Singapore dollars) levied against Uber, affirming that its merger deal with ride-hailing rival Grab had curbed competition in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
Rhode Island Governor Tapped As Biden’s Commerce Secretary
January 11, 2021

President-elect Joe Biden has tapped second-term Rhode Island Gov. Gina Raimondo, a former venture capitalist, to serve as commerce chief, according to The Hill. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
Big Tech Compliance Tracker: US Trade Rep Says Digital Taxes Discriminate Against US Firms; Facebook...
January 11, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments around the world. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Bank Regulation
China Tightens Scrutiny Of Consumer Lending By Tech Giants
January 11, 2021

Ant Group, Tencent and JD.com are facing a crackdown by Beijing over concerns of over-lending to consumers through their platforms, a major cash cow for the Chinese tech giants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
Robinhood User Sues Platform After Account Hacked
January 10, 2021

A California man has sued Robinhood Financial and Robinhood Securities, claiming he lost thousands of dollars after his brokerage account with the firm was breeched, according to a complaint. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...