Regulation

Regulation
In the UK, (More) Web Content Regulation Looms
February 17, 2020

In the U.K., increased regulation over content delivered online through platforms may be on the horizon. 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...

Regulation
FinCEN Tweaks Rule On Reporting Financial Transactions
February 11, 2020

The Department of the Treasury Financial Crimes Enforcement Network (FinCEN) has issued a new ruling on the reporting of currency transactions for sole proprietorships and legal entities operating under a “Doing Business As” (DBA) name, according to a Monday (Feb. 10) release. Get the Full...

Regulation
Zuckerberg To Meet With EU Regulators Prior To Big Tech Proposals
February 11, 2020

Facebook CEO Mark Zuckerberg has scheduled meetings with European Union (EU) regulators ahead of an official proposal presentation to create a new framework for Big Tech, Reuters reported on Tuesday (Feb. 10). Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
Judge Throws Out Bid By Uber, Postmates To Halt Gig Worker Law
February 11, 2020

A judge has rejected the request from Uber and Postmates to put a stop to a new California law that would place new restrictions on gig economy workers, according to Reuters. The rule, passed last year, places more specific restrictions on who can be classified...

Regulation
New EU Card Rules Could Confuse Customers
February 07, 2020

The European Union has issued new rules for contactless payments, which has caused confusion and forced one digital bank to issue new cards, according to a report in the Telegraph. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
Will The Federal Government Clear EVs’ Ignition Roadblocks?
February 07, 2020

While the electric car has long been touted as the future of transportation, it bears remembering that while electric vehicles (EVs) have been cool in the post-Tesla world, they are hardly new. The first electric vehicles started driving on America’s streets in the early 1890s...

Regulation
SEC Proposal Would Allow Token Sales Under Current Securities Laws
February 06, 2020

Hester Peirce, a financial regulator at the U.S. Securities and Exchange Commission (SEC), said that tech startups may be able to raise money using digital tokens under current law, but that there would be stipulations, according to a report by Reuters. Get the Full Story...

Regulation
Afterpay Pushes Back Against Australia’s Fee Regulation
February 06, 2020

Buy now, pay later (BNPL) company Afterpay has pushed back against the Reserve Bank of Australia’s potential regulation of its fees. Afterpay claims it shouldn’t be considered as a payment system because of its smaller scale, and due to the fact that it must go...

Regulation
EU Investigates Tinder’s Use Of User Data
February 05, 2020

Tinder, the popular dating service, is under investigation by the Ireland Data Protection Commission (DPC) over how it uses data from customers, including issues over its transparency and compliance with obligations related to subjects’ data rights requests. Get the Full Story Complete the form to...