A U.S. Treasury official said a French tax plan targeting American digital companies is discriminatory against American businesses. 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...
Among the latest headlines swirling in FinTech: Digital bank Revolut, based in the United Kingdom, has taken on an adviser, along with filling new positions, to bolster compliance teams at the firm. As had been reported in the Financial Times and elsewhere, the firm had...
Instagram Co-founders Kevin Systrom and Mike Krieger responded to Senator Elizabeth Warren’s plan to break up large tech companies, such as Facebook and Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
European Union Competition Commissioner Margrethe Vestager said that breaking up big tech companies like Facebook and Google should be seen as a last resort, and that the better idea might be to find a way to regulate data usage. Get the Full Story Complete the...
GDPR was signed into law in 2016, and since then it has been a point of debate for regulators, businesses, banks and industry professionals in the European Union and around the globe. Data privacy, online advertisements and digital payments are causing some countries to consider...
The Dutch data protection agency (DPA) said when a website forces a user to agree to a cookie policy, or a “wall,” in exchange for access, that request is not compliant with the data protection law in Europe. Get the Full Story Complete the form...
Britain’s Financial Conduct Authority (FCA) has said the Financial Ombudsman Service, which handles complaints from financial companies and customers, will be able to raise fine amounts and in turn allow for more compensation to customers and businesses, according to reports. Get the Full Story Complete...
In an effort that could limit Silicon Valley’s growth, U.S. Senator Elizabeth Warren (D-Mass.) has put out a plan to break up large tech firms like Facebook and Amazon. The idea is said to be the clearest proposal of its kind in the presidential race...
PSD2 launched in January 2018 and has been active in the European Union for a little over a year now, meaning that banks, merchants and customers are becoming used to it and its accompanying data privacy law, GDPR. Because of these new regulations, however, businesses...
