Legal & Regulation

Legal & Regulation
Big Tech Compliance Tracker: Facebook Faces $6.06 Million Fine From South Korea; Big Tech Tax...
November 30, 2020

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

Legal & Regulation
Biden Names Two Women To Round Out Economics Team
November 30, 2020

President-elect Joe Biden rounded out his economics team on Monday (Nov. 30) by appointing two women to top posts. He also officially named Janet Yellen, former head of the Federal Reserve, as treasury secretary. Get the Full Story Complete the form to unlock this article...

Legal & Regulation
UK Digital Markets Unit To Tighten, Enforce Big Tech Competition Rules
November 29, 2020

The British government is establishing a new Digital Markets Unit tasked with enforcing laws that apply to Big Tech companies, such as Google and Facebook, authorities announced in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Bank Regulation
Merchants Get Clarity Around Compliance As Global Payment Regulations Evolve
November 27, 2020

Compliance with financial regulations market-to-market around the globe is increasingly automated yet relies on the same human emotion that undergirds all forms of exchange: trust. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Legal & Regulation
Groups Urge Judge To Let Citi Have The Rest Of Its $900M Back
November 26, 2020

Financial services trade groups are on Citigroup‘s side in the case of the $900 million the bank accidentally sent to creditors last August, Bloomberg reported Wednesday (Nov. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
EY Pressured To Testify About Role In Wirecard Scandal
November 25, 2020

EY is increasingly finding itself on the hot seat as German lawmakers and investigators dig deeper into the collapse of payments giant Wirecard, whose books the accounting and consulting giant audited for a decade. Get the Full Story Complete the form to unlock this article...

Bank Regulation
Deep Dive: How Merchants Can Deploy Robust Digital Identification To Match Evolving Open Banking Standards
November 25, 2020

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, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Legal & Regulation
SEC Plan Would Let Gig Workers Get Up To 15 Pct In Compensation Via Stock
November 24, 2020

Food delivery workers, among others who work in the gig economy, would be able to get as much as 15 percent of their compensation in stock with a proposal made public by the U.S. Securities and Exchange Commission (SEC) Tuesday (Nov. 24), Bloomberg reported. Get...

Bank Regulation
How NowRx Is Tightening Data Privacy In The Pandemic-Driven Telehealth Age
November 24, 2020

The rise of telemedicine services is forcing a greater need to secure the data that is exchanged. In this month's Merchants Guide To Navigating Global Payment Regulations, Cary Breese, CEO of prescription delivery service NowRx, discusses the pandemic's impact on digital identity and privacy preferences...