Mastercard was slapped with a $648.3 million fine by the European Union, which alleged that the payments company raised the costs of card payments artificially. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Last year brought the General Data Protection Regulation (GDPR) deadline, Europe’s attempt to boost online privacy and security for consumers — a law that just resulted in a $57 million fine against Google, which was accused of not doing enough to gain the consent of users...
Margrethe Vestager, the European Union’s top antitrust cop, is coming to the end of her term as antitrust enforcer, but not before she plans to release a report laying out a long-term plan to police the world’s largest tech companies. Get the Full Story Complete...
Alphabet Inc.’s Google was hit with a $57 million fine Monday (Jan. 21) by a French regulator, in what the Wall Street Journal reported is the largest penalty under the new European General Data Protection Regulation (GDPR) privacy law. Get the Full Story Complete the form...
Regulators in the United States have reportedly met to discuss levying fines against social media giant Facebook, a punishment that could be sizable in scope and which comes in the wake of privacy violations. Get the Full Story Complete the form to unlock this article...
An Austrian lawyer has filed a complaint against eight tech giants, including Amazon, Apple, Netflix, Spotify and You Tube, for failing to comply with the European Union’s General Data Protection Regulation (GDPR). Get the Full Story Complete the form to unlock this article and enjoy...
The relationship between the House Financial Services Committee and the Consumer Financial Protection Bureau (CFPB) is about to change. 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...
Estonia, a country embroiled in a money laundering scandal involving a small branch of Denmark’s Danske Bank, has rejected a critical part of proposed anti-money laundering (AML) legislation, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The government shutdown, which is now the longest in modern history, is hurting President Donald Trump’s deregulation plans in the financial services industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
