Legal & Regulation

Legal & Regulation
Lawmakers Push For New Agency Focused On Big Tech Regulation
November 05, 2019

Two Democrats have introduced a new bill that would create a federal agency tasked solely with regulating the tech industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Legal & Regulation
SoftBank Tightens Startup Regs After WeWork’s Washout
November 05, 2019

SoftBank is looking to develop stricter regulations for startups in the wake of the near collapse of WeWork. Sources have said the Japanese powerhouse is expected to reveal its new standards and restrictions on dual-class share structures this week, which will apply to future investments...

Legal & Regulation
UK Election Puts Big Tech Digital Tax On Hold
November 04, 2019

A silver lining looms for Big Tech in the chaos that is Brexit. 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....

Legal & Regulation
Congress Wants Digital Platforms To Release Their Algorithms – Why?
November 04, 2019

U.S. lawmakers proposed new legislation last week that would require internet platforms to more or less lay bare the intellectual property that drives their business model – their algorithms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
New Laws To Require LLCs To Disclose Owners’ Names
November 04, 2019

Proposals in both chambers of Congress would limit the use of anonymous shell companies, impacting small businesses in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Bank Regulation
UK Regulators Want First-Time Payments Delay To Avert Fraudsters
November 01, 2019

U.K. legislators are calling for a mandatory 24-hour waiting period on all first-time payments between bank accounts as a way to reduce fraud, Reuters reported on Friday (Nov. 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
Proposed Law Calls For Search Engine Transparency
October 31, 2019

Proposed bipartisan legislation wants to make sure that search engines disclose the algorithms they use to determine what content to share, as well as enable consumers to opt for unfiltered searches if desired. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
Chinese Regulators Move To Shutter P2P Lenders
October 31, 2019

Shanghai regulators are ordering more than 40 peer-to-peer (P2P) lenders to get ready to close shop, the Financial Times (FT) reported on Thursday (Oct. 31). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

ANTITRUST
Oyo, MakeMyTrip Accused Of Anti-Competitive Practices In India
October 30, 2019

Budget hotel chain Oyo and booking platform MakeMyTrip are under investigation by Indian regulators over accusations that the two companies entered into an agreement to stifle competition, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this...