Didi, the ride-hailing giant, has said it might see a revenue drop as of a new regulatory order to remove its apps from app stores in China amid cybersecurity investigations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Facebook, Twitter and Google are among the big companies threatening to quit offering services in Hong Kong if the authorities’ proposed changes pass, making those companies responsible for malicious sharing of individuals’ data on the internet, The Wall Street Journal (WSJ) wrote Monday (July 5)....
China’s market regulator is preparing to crack down on illegal pricing, including online platforms that charge different prices based on customer buying patterns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Monetary Authority of Singapore wants more power to conduct financial misconduct investigations, proposing new rules that would allow its officers to enter premises without a warrant or even prior notice. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The European Commission on Tuesday (June 30) proposed revisions to two sets of EU regulations protecting consumer rights. 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...
Robinhood Financial LLC was hit with a record $57 million fine and also ordered to pay $12.6 million in restitution plus interest, according to a Wednesday (June 30) press release from the Financial Industry Regulatory Authority (FINRA). Get the Full Story Complete the form to unlock this...
In a new report, the European Banking Authority (EBA) outlined proposals to encourage the adoption and use of RegTech in the EU — which, its providers argue, boosts efficiency and effectiveness and lessens the impact of regulatory changes. Get the Full Story Complete the form...
Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. 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,...
Regulators, who almost by definition are centralized, are beginning to wrestle with the rise in decentralized finance, Financial Times reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
