Legal & Regulation

ANTITRUST
UK Weighs New Regulatory Unit To Police Tech Firms
October 09, 2020

Britain’s top antitrust regulator proposed Friday (Oct. 9) that the country contemplate creating a new regulatory unit whose approval would be required before any dominant technology company could make an acquisition in the country. Get the Full Story Complete the form to unlock this article...

Legal & Regulation
Report: US Antitrust Head May Step Down In 2021
October 08, 2020

Makan Delrahim, the U.S. Justice Department’s top enforcer of antitrust laws, is likely to leave his post early in calendar 2021 regardless of the outcome of the Nov. 3 presidential election, Reuters reported on Thursday (Oct. 8). Get the Full Story Complete the form to...

Legal & Regulation
US Seeks To Overturn Temporary Block On TikTok Ban
October 08, 2020

The U.S. is appealing a temporary block on President Donald Trump’s ban on TikTok, Bloomberg reported. 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...

ANTITRUST
Apple, Amazon, Facebook And Google Slam Congressional Report Calling For Break-Ups
October 07, 2020

The country’s four largest tech firms wasted no time pushing back on a congressional antitrust report that suggested Amazon, Apple, Facebook and Google have become too powerful and might need to be broken up. Get the Full Story Complete the form to unlock this article...

Legal & Regulation
Citi Fined $400M Over Faulty Risk Management Systems
October 07, 2020

Federal banking regulators have fined Citigroup $400 million, ordering the third-largest U.S. bank to fix the “significant ongoing deficiencies” in its risk management systems, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

ANTITRUST
EU Settlement With Broadcom Could Mean Big Trouble For Amazon, Apple And Google
October 07, 2020

Laws and regulators sometimes create seismic shifts within industries – where new mandates and rulings on trade and competitive practices can be likened to a sledgehammer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

AML
Deep Dive: How eCommerce Payments Providers Sniff Out Money Launderers
October 07, 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...

ANTITRUST
US House Democrats Urge Antitrust Changes That May Break Up Big Tech
October 06, 2020

House Democrats have decided that big tech companies Google, Amazon, Facebook and Apple have monopoly-style power, and changes need to be made to rein them in, CNBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
What Congress’ Proposed ‘Horizontal’ Block Could Mean For Big Tech And The Connected Economy
October 06, 2020

The growth of the connected economy is predicated on — and is propelling — the emergence of online platforms. 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...