The European Commission reportedly does not plan to charge Big Tech companies a fee to cover the cost of monitoring their compliance with the Digital Markets Act, though some European lawmakers have lobbied for such a fee. Get the Full Story Complete the form to unlock this article...
The United Kingdom’s Competition and Markets Authority said “Apple and Google’s mobile platforms hold an effective duopoly.” 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...
Morgan Stanley is reportedly facing a regulatory investigation into its money laundering prevention measures. 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....
The European Commission is reportedly likely to accept Apple’s changes to its App Store rules and fees, eliminating the threat of daily fines from the antitrust regulator. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Treasury Department plans to delay for two years the implementation of a new anti-money laundering rule focused on investment advisers while one of its bureaus, the Financial Crimes Enforcement Network (FinCEN), revisits the scope of the rule. Get the Full Story Complete the form...
A dispute between stablecoin issuer Circle and financial advisory firm Financial Technology Partners (FT Partners) reportedly spilled into the courts, with the companies engaged in a lawsuit over millions of dollars in advisory fees. Get the Full Story Complete the form to unlock this article...
America’s treasury secretary says the entire Federal Reserve needs to be examined. 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. By...
Federal authorities have accused the former head of clothing tech company CaaStle of defrauding investors. 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,...
The United Kingdom’s Financial Conduct Authority fined Barclays 42 million pounds (about $56 million) for financial crime control lapses. 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...