Snapdeal, the Indian eCommerce company, is backing India’s new eCommerce rules that will hurt Amazon.com and Walmart, saying in a letter to the federal government that protests over the new legislation underscore just how necessary is is. Get the Full Story Complete the form to...
PSD2 requires every player in the EU that handles payments to make adjustments to ensure faster and more transparent transactions. The regulation opens customer data to third-party providers — as opposed to granting banks the right to silo and share it at will — and...
The $318 billion European travel market is grappling with the changes PSD2 is bringing to how payments are made and processed within the EU, but its impact goes far beyond payments. PSD2 mandates stronger requirements for fraud and customer authentication, which is putting pressure on...
Barring any reprieve, Feb. 1 marks a sea change for India’s eCommerce sector. New rules may hobble giants like Amazon and Flipkart from offering discounts or investing in nascent marketplaces. Here’s why economic nationalism may trigger ripple effects no one will want.
Since about mid-December of 2018, checking out in the stores here in Boston has become even more of a hassle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The General Data Protection Regulation (GDPR), which went into effect May of 2018, has had some serious repercussions on tech companies all over Europe, but especially in the U.K. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Through a settlement with online lender Enova International, Inc., The Consumer Financial Protection Bureau (CFPB) announced on Friday (Jan. 25) that the company would, among other conditions, pay a civil money penalty of $3.2 million. The company also is prohibited from initiating electronic fund transfers without valid...
More than 70 nations are planning to restart World Trade Organization talks in an effort to create a standard set of rules to govern the sharing of eCommerce and cross-border data. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The United States government is raising concerns about India’s eCommerce regulations that go into effect on Feb. 1, which will prevent companies from selling products through companies in which they have a stake. The rule also prevents them from inking exclusive deals with sellers. Get...
