Regulation

News
Uber Says It Will Hand Over Trip Data — In Its Own Way
January 14, 2015

Uber is hoping to smooth over some of its problems with city taxi regulators by offering them trip data for its customers, The Washington Post reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

International
Alibaba Will Block Dangerous Toys From Entering The US
January 14, 2015

Alibaba has agreed to block the sale of as many as 15 illegal or dangerous toys in the U.S., the federal Consumer Product Safety Commission said on Tuesday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
IRS Launches Foreign Tax Data Exchange
January 14, 2015

The Internal Revenue Service has launched a data exchange service so foreign banks and countries can more easily comply with a U.S. tax law — and to send other governments information too, the Wall Street Journal reported. Get the Full Story Complete the form to...

International
Shanghai Opens Up To Foreign E-Commerce Players
January 14, 2015

China continues to send mixed signals to foreign-owned companies who want to do business in the world’s largest consumer market. On Tuesday (Jan. 13) China’s Ministry of Industry and Information Technology announced that it will now allow wholly-foreign-owned companies to operate in the Shanghai Free Trade...

Self-Service Mortgage Lender Lenda Aims to Cut Out Loan Officers
January 12, 2015

Most prospective mortgage borrowers start the process on the Internet, but then transition offline to either a loan officer or a call center. But online mortgage lender Lenda wants to keep the process online while wringing out origination costs, according to American Banker. Get the...

Supreme Court May Take Retailer Durbin Case
January 09, 2015

The Supreme Court is likely to make a decision today on whether to hear the retailers’ case against the Federal Reserve Board, says a knowledgeable source. According to the National Association of Convenience Stores, which is the leading the case, the Fed made the debit...

Manhattan D.A. Says Apple-Level Security Hurts Consumers
January 09, 2015

If asked to name America’s greatest “outlaw” brand, it’s easy to imagine some familiar (and oddly similarly structured) there are probably lots of names that might slug it out for that title. Get the Full Story Complete the form to unlock this article and enjoy...

Company Spotlight
Meet The New Kids On The (US EMV) Block
January 09, 2015

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Europe
Euro Lawmakers Concerned About SWIFT Payments Data Sharing With The US
January 09, 2015

European policymakers are fighting over how financial messaging information from the SWIFT network can be used to fight terrorism, and who gets to use it, EU Observer reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...