European Union (EU) regulators want feedback from users and digital service providers before they craft new rules that could manage giant tech firms Google, Facebook, Amazon and Uber, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
U.S. Sen. Elizabeth Warren (D-Mass.) wants the Federal Reserve Bank to draw up stringent regulations for corporate recipients of U.S. bailout funds – and to prosecute company executives if they “provide fraudulent or misleading information or misuse funds.” Get the Full Story Complete the form...
Open banking was ready for its close-up when COVID-19 placed many such advanced initiatives on hold, in lieu of more practical and urgent considerations like applying for bailout money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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Facebook Inc. advertisers probably won’t “like” its subpar rating from a media industry watchdog. 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...
Asia-Pacific bank regulators have been crafting their own open-banking initiatives even since Europe rolled out similar rules in 2018. Their goal — follow the European Union's regulatory framework while meeting Asia-Pacific merchant and consumers’ unique banking and security needs. In our latest Merchants Guide To...
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With a move that could stop their American operations, the U.S. Federal Communications Commission (FCC) produced show cause orders for three Chinese communication companies. The firms are China Unicom Americas, China Telecom Americas, Pacific Networks Corp and its subsidiary ComNet (USA) LLC, Reuters reported. Get the...
Progressive Leasing will pay $175 million to settle charges with the Federal Trade Commission (FTC) that its policies were misleading to customers, according to an April 20 release by the FTC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
