Chairman Joe Simons of the Federal Trade Commission (FTC) said on Monday (Nov. 18) that there were multiple ongoing investigations into Big Tech companies like Google, Amazon and Apple regarding their conduct on antitrust and merger issues, according to Reuters. The FTC had previously announced an...
As politicians and regulators up their pressure on so-called Big Tech in the U.S., it can be difficult to see where all that effort will lead, especially given the timetable for antitrust actions at the federal level. That was one message on Monday (Nov. 18)...
Financial Crimes Enforcement Network (FinCEN) Director Kenneth A. Blanco said on Friday (Nov. 15) that anti-money laundering (AML) laws will be strictly enforced in the world of cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Antitrust headlines dominated the regulatory sphere this past week – focused, of course, on marquee names such as Facebook and Google. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The U.S. recorded its fourth bank failure this year — the first collapse of financial institutions since 2017, according to data from the Federal Deposit Insurance Corp (FDIC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Damon Runyon — the American author who created characters like Sky Masterson, immortalized in “Guys and Dolls,” and enamored with rolling the dice — once wrote: “The race is not always to the swift, nor the battle to the strong, but that’s the way to bet.”...
Big Tech is under siege about its failure to respect users’ privacy as the House Judiciary Committee’s antitrust subcommittee expressed frustration over the companies’ many acquisitions, Reuters reported on Wednesday (Nov. 13). Get the Full Story Complete the form to unlock this article and enjoy...
On-demand delivery app Rappi is under investigation again in Colombia, accused of failing to comply with regulatory orders to improve its customer service response, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Financial Crimes Enforcement Network (FinCEN) has issued an advisory to announce an updated list of jurisdictions with anti-money laundering (AML) and Countering Financing of Terrorism (CFT) Act deficiencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
