To potentially challenge companies such as Facebook and Google on multiple fronts, the Department of Justice (DOJ) could go beyond looking into potential antitrust violations, per comments made by Deputy Attorney General Jeffrey A. Rosen. The DOJ has been involved in an in-depth antitrust review,...
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...
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.”...
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...
Germany’s Federal Minister for Economic Affairs Peter Altmaier wrote a letter to European Commissioner for Competition Margrethe Vestager, and asked for tighter regulations on Big Tech as part of a push to increase the region’s “digital sovereignty,” according to the Financial Times. Altmaier wants a...
Microsoft has promised to follow California’s privacy law throughout the United States after the regulation goes into effect on Jan. 1. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Big Tech has gotten, is getting and will get its share of regulatory scrutiny. For Apple, there seems to be an increasing interest in its digital wallet, and how the firm is competing in the payments realm. Get the Full Story Complete the form to...
Strong Customer Authentication (SCA) was designed to improve authentication standards across Europe, and enable money to move quickly, while reassuring all parties that funds were going to their intended recipients. The rule officially took effect in September, and EU countries have begun helping merchants and...
European Union antitrust chief Margrethe Vestager has concerns about Google’s recent acquisition of Fitbit, as well as continued competition issues over how the company lists shopping search results, according to reports by Reuters. Get the Full Story Complete the form to unlock this article and...
