Regulation

Supreme Court May Take Retailer Durbin Case
January 09, 2015

The Supreme Court is likely to make a decision today on whether to hear the retailers’ case against the Federal Reserve Board, says a knowledgeable source. According to the National Association of Convenience Stores, which is the leading the case, the Fed made the debit...

Manhattan D.A. Says Apple-Level Security Hurts Consumers
January 09, 2015

If asked to name America’s greatest “outlaw” brand, it’s easy to imagine some familiar (and oddly similarly structured) there are probably lots of names that might slug it out for that title. Get the Full Story Complete the form to unlock this article and enjoy...

Company Spotlight
Meet The New Kids On The (US EMV) Block
January 09, 2015

  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. By completing this form, you agree to receive marketing communications from PYMNTS...

Europe
Euro Lawmakers Concerned About SWIFT Payments Data Sharing With The US
January 09, 2015

European policymakers are fighting over how financial messaging information from the SWIFT network can be used to fight terrorism, and who gets to use it, EU Observer reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

News
Uber Keeps Going (Legally) In NYC Despite Suspension
January 08, 2015

Uber will continue to operate legally in New York City after the city’s taxi regulator suspended parts of its operation for failing to report passenger data, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Europe
BMW Teams With MasterCard For Car-Sharing Card
January 08, 2015

BMW has tapped MasterCard for a contactless credit card that will let users of the DriveNow car-sharing service pay for, unlock and operate a DriveNow car, according to Finextra. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
More Red Tape Coming For Cross-Border Payments
January 08, 2015

Regulators around the world are stepping up anti-money-laundering (AML) efforts, and, as a result, lenders are tightening the screws on cross-border payments, according to Corporate Treasurer. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Europe
In Hungary, A Shopping Ban Means E-Commerce Too
January 07, 2015

Think online shopping is the perfect way to get around restrictions on when brick-and-mortar stores are allowed to be open? Think again — this week the Hungarian government said that e-commerce deliveries can’t be made when shops can’t stay open, according to Hungarian business publication...

FTC Commissioner Slams Lending Restrictions
January 06, 2015

Regulations on lending could harm consumers, according to Joshua Wright, one of the five Commissioners of the Federal Trade Commission and a leading economic scholar. Wright recently released a comment on December 26, 2014 that lays out the case for caution in imposing limits on...