With the partial U.S. government shutdown as a result of the standoff between President Donald Trump and congressional Democrats now in its fourth week and no clear end in sight, the economic costs are starting to add up and are expected to impact growth during the...
Regulators in the United States have reportedly met to discuss levying fines against social media giant Facebook, a punishment that could be sizable in scope and which comes in the wake of privacy violations. Get the Full Story Complete the form to unlock this article...
An Austrian lawyer has filed a complaint against eight tech giants, including Amazon, Apple, Netflix, Spotify and You Tube, for failing to comply with the European Union’s General Data Protection Regulation (GDPR). Get the Full Story Complete the form to unlock this article and enjoy...
The Consumer Financial Protection Bureau (CFPB) has asked the United States Congress for the authority to supervise compliance of the Military Lending Act (MLA), the organization announced on Thursday (Jan. 17). In a statement, CFPB Director Kathleen Kraninger said she asked Congress to grant the organization...
The relationship between the House Financial Services Committee and the Consumer Financial Protection Bureau (CFPB) is about to change. 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...
Estonia, a country embroiled in a money laundering scandal involving a small branch of Denmark’s Danske Bank, has rejected a critical part of proposed anti-money laundering (AML) legislation, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The government shutdown, which is now the longest in modern history, is hurting President Donald Trump’s deregulation plans in the financial services industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Senator Marco Rubio (R-Fla.) has introduced new legislation that would create federal standards of privacy protection for companies like Facebook, Amazon, and Google. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
PwC, the global consulting firm, is warning that a move by India to place new foreign investment restrictions on eCommerce could result in a $46 billion reduction in internet-based purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
