The Reserve Bank of India (RBI), in a move to protect the interests of consumers, has passed a regulation that says the allowable exposure of a lender to all of its borrowers should not go over Rs 50 lakh ($70,000) at any time on a...
Might unicorns have their wings clipped – just a bit? 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 Today. By completing this...
Booking.com has agreed to change the way it sells on its site, including ending time limits for offers and claiming that a room is the last one available, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...
A number of Chinese tech companies were ordered to clean up policies on the way their apps deal with user information or face penalties, according to an Associated Press report on Thursday (Dec. 19). Get the Full Story Complete the form to unlock this article and...
The revised Payment Services Directive (PSD2) Strong Customer Authentication (SCA) regulation rollout in the EU has been a little bit on the bumpy side so far. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The United Kingdom will create a technology regulator next year after Brexit is completed, according to a report by the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Luxembourg-based Court of Justice of the European Union (CJEU) will decide whether to classify Airbnb as an online booking service or real estate agent this month, amid a battle against the company from a tourism group, according to Reuters. The backlash against the company...
With claims that the company aimed to coerce music venues into using its Ticketmaster subsidiary, the Justice Department is reportedly gearing up to take legal action against Live Nation Entertainment, Inc. The department has the opinion that the company’s conduct went against the merger settlement...
The U.S. Federal Communications Commission (FCC) could allow mobile devices to command the airwaves that have been used by carmakers for vehicle safety, Bloomberg reported on Thursday (Dec. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
