Legal & Regulation

Legal & Regulation
EU Says GDPR A Success; Consumers Still Skeptical Of Open Banking Security
June 29, 2020

Two years in, there’s no easy lifting for companies looking to comply with the General Data Protection Regulation (GDPR), which governs how data gets transferred outside of the European Union. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Supreme Court: President Has Authority To Fire CFPB Chief
June 29, 2020

The U.S. Supreme Court has struck down a key feature of the Consumer Financial Protection Bureau (CFPB) that limited presidential authority to fire the agency’s chief. The bureau was one of the major regulatory reforms that followed the epic economic collapse of the Great Recession. Get...

Bank Regulation
A Merchant’s How-To For Managing The Contactless Payments Surge And SCA Requirements
June 29, 2020

The pandemic has drastically affected how consumers are shopping and paying for even routine purchases, and this in turn has altered how businesses are accepting their payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Bank Regulation
Wirecard Forces ‘Radical’ Reboot Of German Accounting Regs
June 28, 2020

As the fallout from Wirecard’s troubles unfold, Germany’s deputy finance minister has called for radical solutions to fix how accounting firms are regulated, the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Bank Regulation
FDIC Looks To Modernize Bank Reporting
June 28, 2020

The Federal Deposit Insurance Corp. (FDIC) is considering nixing its quarterly reports of banks in an attempt to modernize the way data is handled. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

ANTITRUST
DOJ Nearing Decision On Antitrust Suit Against Google
June 26, 2020

The U.S. Department of Justice (DOJ) is nearing the end of its antitrust investigation of Alphabet Inc’s Google as it considers whether to charge the tech giant this summer, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

ANTITRUST
UK’s Competition Regulator Digs Further Into StubHub-Viagogo Merger
June 25, 2020

Britain’s Competition and Markets Authority (CMA) is taking a closer look into how the possible $4 billion merger of StubHub and Viagogo will affect competition, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

AML
FIS, FICO Take Aim At Dirty Money With New AML Product
June 25, 2020

Financial software and technology giant FIS is teaming up with credit scoring company FICO to roll out a new anti-money laundering (AML) platform as concerns rise over fraud and the global flow of dirty cash amid the pandemic. Get the Full Story Complete the form...

ANTITRUST
Amazon Deliveroo Deal Cleared By UK Authorities
June 24, 2020

A year-long investigation into Amazon’s investment in Deliveroo, the U.K. food delivery service, has ended in favor of the world’s largest online marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...