Chinese bike-sharing company Mobike might be looking to spin off its European arm after it was revealed that it’s being investigated for possible breach of the European Union’s (EU’s) General Data Protection Regulation (GDPR). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Australian Competition and Consumer Commission (ACCC) earlier this week published a series of recommendations to push back against the influence U.S. tech giants are having on society in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Chinese bike-sharing company Mobike is being investigated by German regulators for potentially being in breach of the EU’s General Data Protection Regulation (GDPR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Wells Fargo won’t be allowed to grow until it hardens its risk management policies to make sure there are no more abuses of customers, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
HSBC Holdings and Standard Chartered, the two U.K. banks, have been embroiled in the Huawei Technologies scandal in which Canada arrested the company’s Chief Financial Officer Meng Wanzhou at the request of U.S. authorities, prompting China to warn Canada to release the CFO or face...
Amazon, the country’s largest eCommerce player, has seen retailers in Austria file a complaint with their country’s competition authority over the company’s roles as both a retailer and a marketplace. Amazon’s business model is structured so that it sells products directly to consumers and enables third-party...
Much regulatory focus this past week came with headlines on anti-money-laundering efforts, aided by tech. 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 to our daily newsletter,...
The Federal Reserve sent Wells Fargo & Co. back to the drawing table with its plan to prevent consumer abuses in the future obligation of or guaranteed, rejecting its plan and calling on the bank to put in place stronger checks on management. Reuters, citing...
A research group affiliated with two tech giants is calling for more regulation of facial recognition and other artificial intelligence (AI) tools. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
