Facebook’s planned cryptocurrency Libra may see increased regulatory oversight, at least if new legislation introduced in the U.S. Congress comes to pass. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
If microchip supplier Qualcomm wins its case on appeal, the cost of connected cars using 5G technology will skyrocket, automakers and suppliers said in court filings on Friday (Nov. 29), Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy...
SEB believes there is no need to take further action after the bank was accused of having links to suspected money laundering in Estonia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Itau Unibanco Holding, Brazil’s largest lender, lost its appeal related to an antitrust case. 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...
A group of key Senate Democrats on Tuesday (Nov. 26) unveiled a far-reaching online privacy bill that levies tough new punishments for tech giants that mishandle users’ personal data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Prudential Regulation Authority (PRA), the supervisory arm of the Bank of England (BoE), has fined Citigroup a record-breaking $56.3 million for not completing accurate returns between 2014 and 2018, according to a report by Reuters. Get the Full Story Complete the form to unlock...
Amid the continuing drumbeat for taxes on global commerce done through digital means, the Czech government has approved a new seven percent digital tax on global Internet firms which will, as Reuters reports, be levied on revenues tied to Czech users across advertising, digital marketplaces...
Airbnb is facing questions from U.S. lawmakers who want information about hosts who go against the company’s policies and don’t comply with local laws. Six members of Congress said in a letter to Brian Chesky, the company’s chief executive officer, that they are especially interested in...
Global insurance executives are worried about the hefty monetary awards juries have been handing out to plaintiffs. The trend of larger jury payouts, known as “social inflation,” could lead to a $200 billion deficit in global reserves, according to industry vet Stephen Catlin. In fact,...
