FinTechs see PSD2 as an opportunity to get a leg up with legacy banks. That will be tough in Turkey, where banks have had more time to prepare for the rule and see PSD2 as a significant competitive advantage for them. In the latest Merchants...
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Uber and Postmates have filed a lawsuit against the state of California to try and block a new law that will change how they must classify their employees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A new law in California requires companies to explain exactly what customer information, if any, is being sold to third parties, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Federal Antimonopoly Service (FAS) in Russia has opened a probe into hospitality and reservation site Booking.com over anti-competition issues, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Multiple lawsuits seeking class action status have been filed in Philadelphia over a data breach at Wawa convenience stores, which affected 850 locations along the East Coast of the U.S., according to the Associated Press. Get the Full Story Complete the form to unlock this...
Amazon’s investment of around $500 million for a minority stake in food delivery startup Deliveroo is being investigated by the U.K. Competition and Markets Authority (CMA) over potential anti-competition issues, according to a report by Bloomberg. Get the Full Story Complete the form to unlock...
Danske Bank is facing another lawsuit from about 60 investors over alleged money laundering, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Reserve Bank of India (RBI), in a move to protect the interests of consumers, has passed a regulation that says the allowable exposure of a lender to all of its borrowers should not go over Rs 50 lakh ($70,000) at any time on a...
