December 01, 2022
EU Governments Could Ditch Facebook Platform Over Poor Data Handling
The Dutch government will stop using Facebook if private data handling is not improved. In a recent letter to Parliament, State Secretary Alexandra van Huffelen said that the personal data...
November 23, 2022
Calls For Regulation Intensify as UK Crypto Scams Jump 45%
From trading at less than a dollar in its first few years of existence to over $60,000 in late 2021, the story of bitcoin’s meteoric rise has often been used...
November 17, 2022
Interoperability as a Remedy in Antitrust Cases
Interoperability between the products and services of different firms promotes competition by lowering switching costs. Requiring dominant firms to make their products interoperable, or reducing barriers to interoperability, are important...
November 16, 2022
FTC Looks to Stop DK Automation Selling Alleged Fake Business...
Saying they made false claims promising consumers a “passive income,” the Federal Trade Commission (FTC) has taken action against DK Automation and its owners Kevin David Hulse and David Shawn...
November 15, 2022
Report: EU May Ban Privacy Coins
A leaked draft of an EU anti-money laundering (AML) bill suggests the organization could prohibit regulated financial institutions from dealing in privacy-enhancing cryptocurrencies such as Monero and Dash. According to...
November 07, 2022
Virtual Cards Bring Relief to B2B Healthcare Payments
As the focus on improving commercial payment flows in healthcare intensifies, virtual cards are increasingly being tasked with taking up the slack while being pitted against the sector’s predominant payment...
November 03, 2022
Vonage to Pay $100M Settlement in FTC Subscription Fee Lawsuit
The Federal Trade Commission (FTC) is holding internet phone service provider Vonage accountable for its junk fees levied on subscribers in a $100 million lawsuit settlement. Vonage was acquired by...
November 03, 2022
Legacy Payments Cost Schools More Than Money
PYMNTS interviewed Adam McDonald, president at TouchNet, on how the company is helping colleges and universities simplify and modernize their payments infrastructure — At a time when businesses everywhere are...
November 02, 2022
Preventing Identity Fraud Comes Down to Effective Use of Data
Identity fraud has been growing in recent years and had a notable increase in 2021. Identity theft alone accounted for $56 billion in losses that year, up 79% from 2020,...
