A new report by the Bipartisan Policy Center recommended several reforms that would help the U.S. financial system improve the ability of small businesses (SMBs) to get financing, driven in part by a decline in startup formation in recent decades. Get the Full Story Complete...
The team at Facebook is not having a great week, as it seems all of its recent data scandal chickens have come home to roost. Last Wednesday, its market cap took a $120 billion beating in the aftermath of earnings that fell short of revenue and earnings targets. Analysts say this is the...
A bit more than two months in, GDPR (shorthand for General Data Protection Regulation) is having an impact. Not surprising, as borne out by some (very) early numbers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In the regulatory realm (for Google, at least), call it a case of adding insult to inquiry. A bit of pun there, but the Federal Trade Commission (FTC) — in the wake of the $5 billion fine via the European Union (EU), centered on the Android...
The U.S. Chamber of Commerce is demanding clearer regulations for cryptocurrencies and any activities related to them, including initial coin offerings (ICOs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Raising capital could become easier for businesses, especially smaller firms, under legislation that easily made it through the U.S. House of Representatives this week. But the prospects for passage appear murkier in the Senate. Get the Full Story Complete the form to unlock this article...
The European Union (EU) has ordered Airbnb to bring its terms and conditions into line with the bloc’s consumer rules after a recent review found violations. According to Reuters, an EU executive revealed that “some of Airbnb’s terms, and the way it presents its prices,...
The Federal Trade Commission testified on Thursday (July 12) that enforcement of the Fair Credit Reporting Act (FCRA) remains a top priority. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
U.S. Representative Patrick McHenry thinks it’s time for the GOP to move on from its mission to kill the Dodd-Frank Act. McHenry, a front-runner to become the next chairman of the Financial Services Committee, believes Republicans should instead focus on legislation that will help prevent...