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...
The Bank of England has told HSBC to improve compliance controls for non-fiscal factors like fraud and staff conduct, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Earlier studies found a surprising lack of both consumer and merchant awareness about the European Union’s Strong Customer Authentication (SCA) and second Payment Services Directive (PSD2) regulations. Post-SCA deadline, a lack of readiness persists. SCA awareness is thankfully high among the payment providers tasked with executing...
Strong Customer Authentication (SCA) is imperative to improving payment security — if EU regulators and financial institutions (FIs) could only agree on how to implement it. This lack of clarity can leave consumers with a confusing checkout experience across merchants and FIs, says Barclaycard Director...
Airbnb suffered a blow on Tuesday (Nov. 5) when Jersey City residents voted to apply more regulations to short-term rentals, a decision that could have repercussions as the company prepares for an IPO, according to a report by CNBC. Get the Full Story Complete the...
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Two Democrats have introduced a new bill that would create a federal agency tasked solely with regulating the tech industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
