Nearly half of the U.K. corporate structures that are tied to money laundering don’t meet the ownership regulation, but haven’t faced any punishment since the rules aren’t enforced, reported the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy...
Amazon is under fire in Austria, with the Austrian Federal Competition Authority reviewing the firm’s dual role as a leading retailer and a platform for small merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Apple CEO Tim Cook and IBM CEO Ginni Rometty have been appointed to President Donald Trump’s advisory board that aims to direct the future of workforce policy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A proposed law aims to completely overhaul the student loan system by having monthly bills automatically deducted from borrowers’ paychecks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Banks are finding it easier to merge since Donald Trump took office, and since federal regulators have revised policies to make the approval process faster to complete. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Indian activists with the New Delhi-based Centre For Accountability And Systemic Change (CASC) and right-wing activist K.N. Govindacharya have asked lawmakers in India to call leaders of Google and Facebook to the country to ask them about data privacy and their compliance on tax laws,...
The Federal Reserve wants to change some of its regulations so that smaller banks don’t have to handle the same scrutiny and paperwork as bigger institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A new report finds that it’s tough to regulate what one cannot define — and that’s true in FinTech credit, a nascent industry where the definitions of who does what can be a bit nebulous. Separately, the CFPB is taking aim at regulations governing payday lending.
September approaches, of course (as it always does) – but this time, with a red-letter day on the 13th as PSD2 takes effect. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
