The Federal Trade Commission (FTC) has appointed deputies to its competition and consumer protection divisions. Taylor C. Hoogendoorn has been named deputy director of the commission’s Bureau of Competition, while Katherine White will serve as deputy director of the Bureau of Consumer Protection, the regulator...
The Federal Trade Commission (FTC) says staffing cuts could delay its case against Amazon. As CNBC reported Wednesday (March 12), attorneys for the regulator have asked a judge to hold off on the start of a trial into whether Amazon had tricked customers into signing...
Apple is reportedly facing another regulatory probe, this time in China’s crucial market. China’s State Administration for Market Regulation (SAMR) is considering a formal investigation into the tech giant’s App Store fees and policies, Bloomberg News reported Wednesday (Feb. 5), citing sources familiar with the...
Swiss-listed investment services company Leonteq said Wednesday (March 6) it was unaware that French regulators told prosecutors of possible irregularities at the firm. The firm told Reuters this after being asked about a Wednesday report by French newspaper Les Echos that the French banking regulator ACPR had found...
December 09, 2019
In today’s top news in payments, Goldman plans to launch a robo advisor for clients with lower investment capital than traditional customers, and Apple plans to offer 0 percent installment financing on iPhones bought with the Apple Card. Also, as big tech moves into the financial services industry, regulators call for more “vigilant monitoring” of […]
December 07, 2018
Not to ruin your holiday spirit, but let’s start this story with the cold and brutal truth: One of the largest risks that payments and commerce operators face in 2019...
March 12, 2018
A hammer? A velvet hammer? A helping hand? No one knows at this point, when it comes to a duo of acronyms now inextricably linked: The SEC and ICOs. Last week,...
September 04, 2017
Today, nationwide, Americans are celebrating the joys of hard work and earning an honest day’s living by sleeping late, going one last time to the beach and soaking up the last of...
April 17, 2025
America’s chief consumer finance watchdog is reportedly scaling back enforcement of financial services companies. Instead, the Consumer Financial Protection Bureau (CFPB) will focus on threats to members of the military and their families, Reuters reported Wednesday (April 16), citing an internal memo. As that report notes, this move suggests the CFPB plans to continue its […]
March 26, 2025
The Federal Trade Commission (FTC) has appointed deputies to its competition and consumer protection divisions. Taylor C. Hoogendoorn has been named deputy director of the commission’s Bureau of Competition, while...
March 12, 2025
The Federal Trade Commission (FTC) says staffing cuts could delay its case against Amazon. As CNBC reported Wednesday (March 12), attorneys for the regulator have asked a judge to hold...
February 05, 2025
Apple is reportedly facing another regulatory probe, this time in China’s crucial market. China’s State Administration for Market Regulation (SAMR) is considering a formal investigation into the tech giant’s App...