An eCommerce executive will plead guilty and pay a $20,000 fine in the U.S. Justice Department’s first prosecution for online price fixing, the department announced on Monday (April 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Microsoft has officially entered the world of payments. The Windows software giant has received its first money transmitter license from the state of Idaho’s Department of Finance, USA Today reported on Monday (April 6). Get the Full Story Complete the form to unlock this article...
Apple Pay is violating the Dodd-Frank Act’s Durbin amendment, retailer groups say — at least the way Apple’s mobile payments system is currently implemented — and the groups are calling on Apple, Visa and MasterCard to meet the requirements of the law, American Banker reported...
The war of words over whether the U.S. federal government should beef up regulation of retailers’ data security got another salvo from a credit-union organization last week, in a letter telling congressional leaders that retailers should be regulated like financial institutions. Get the Full Story...
Control of the money transfer system in the U.K. is changing hands. Going forward, the Payment Systems Regulator – a watchdog group set up as part of the Financial Conduct Authority to regulate Britain’s payments industry – will be running point on transfers, as opposed...
Following the recent declaration that international cyber threats constitute a “national emergency,” President Obama has declared that the U.S. will seek sanctions on those who launch cyberattacks on U.S. businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Uber filed a complaint against Spain with European Union regulators this week, charging that the country violated E.U. laws by banning some of Uber’s services, The Wall Street Journal reported on Wednesday (April 1). Get the Full Story Complete the form to unlock this article...
Verifone and Heartland Payment Systems are teaming up in the name of EMV. 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, PYMNTS Today....
The U.S. Food and Drug Administration is re-emphasizing that it will give plenty of regulatory leeway to health apps for the Apple Watch and other wearable devices, after the agency issued new guidelines last month, Bloomberg News reported. Get the Full Story Complete the form...
