The European Parliament (EP) approved the European Governance Data Act (DGA) on Wednesday with 501 votes to 12. This act aims to increase data sharing among public institutions and companies, create new rules on the neutrality of data marketplaces and facilitate the reuse of certain...
Following a flood of financial services complaints from consumers in Spain, the government is planning to create a consumer protection authority, Reuters reported Tuesday (April 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Securities and Exchange Commission (SEC) is planning a series of changes that could aggressively step up its regulation of the cryptocurrency industry, most notably in the oversight and functioning of both centralized and decentralized exchanges. Get the Full Story Complete the form to unlock...
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The U.K. Payment Systems Regulator on Wednesday (April 6) will close a public consultation on the potential remedies that it considers applying in the card-acquiring market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Over the course a few days, cloud computing went from “not being an antitrust concern,” according to EU Competition Commissioner Margrethe Vestager, to a being a definite subject of questioning for some companies in this space. Moreover, a bigger regulatory headwind may be coming the...
Last Friday (April 1), in a speech at the University of Central Florida’s Inaugural FinTech Summit, Commissioner Hester M. Peirce discussed how regulators should facilitate innovation with a more flexible approach to regulation. Her main point was that regulators should approach technology with a sense...
If U.S. Department of Justice (DOJ) Assistant Attorney General Jonathan Kanter gets his way, mergers would be examined with more scrutiny, decades of lenient antitrust enforcement would end, and competition would bloom. Get the Full Story Complete the form to unlock this article and enjoy...
The cryptocurrency industry has had a busy week following all the regulatory proposals in the United States, the United Kingdom and Europe, from tougher rules in the European Union, which require companies to hold and share more information from users, to a possible favorable new...
