Walgreens has agreed to pay $60 million to settle allegations that it overcharged government healthcare plans for prescription drugs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
World leaders from countries including Japan, South Africa, China, and Germany said there should be global oversight of the technology industry, underscoring the interest internationally to regulate tech, which is an area where the U.S. leads. Get the Full Story Complete the form to unlock...
Tech giants like Facebook, Apple, Google, Twitter and Microsoft spent $64 million last year in the hopes of helping to influence regulations and combat increased scrutiny from U.S. politicians, according to a report in The Washington Post. Get the Full Story Complete the form to...
As the Feb. 3 Super Bowl approaches — heaven for football fans and gamblers, including bettors who make wagers via online channels — federal authorities have brought a new level of uncertainty into the prospect of those legal bets. Now the operators of sports betting...
Deutsche Bank’s handling of billions of dollars in suspicious transactions from Danske Bank’s Estonian branch is raising the ire of the Federal Reserve, which is looking into it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Mastercard was slapped with a $648.3 million fine by the European Union, which alleged that the payments company raised the costs of card payments artificially. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Last year brought the General Data Protection Regulation (GDPR) deadline, Europe’s attempt to boost online privacy and security for consumers — a law that just resulted in a $57 million fine against Google, which was accused of not doing enough to gain the consent of users...
Margrethe Vestager, the European Union’s top antitrust cop, is coming to the end of her term as antitrust enforcer, but not before she plans to release a report laying out a long-term plan to police the world’s largest tech companies. Get the Full Story Complete...
Alphabet Inc.’s Google was hit with a $57 million fine Monday (Jan. 21) by a French regulator, in what the Wall Street Journal reported is the largest penalty under the new European General Data Protection Regulation (GDPR) privacy law. Get the Full Story Complete the form...
