PYMNTS-MonitorEdge-May-2024

legal

Common legal phrase. Lawful action, such as an agreement consciously agreed to by two or more entities, establishing lawful accountability. For example, an apartment lease legally binds the lessor and the lessee.

FTC Offers Support to Epic Games in Battle With Google
FTC Offers Support to Epic Games in Battle With Google
August 13, 2024  |  Legal

The FTC has offered support to Epic Games in that company’s legal battle with Google. The Federal Trade Commission (FTC) said Tuesday (Aug. 13) that it had filed an amicus...

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SEC Alleges NovaTech Ltd Ran Fraudulent Crypto-Centered Scheme
SEC Alleges NovaTech Ltd Ran Fraudulent Crypto-Centered Scheme
August 12, 2024  |  Cryptocurrency

The Securities and Exchange Commission (SEC) charged NovaTech Ltd, its operators, Cynthia and Eddy Petion, and the company’s top promoters with running a fraudulent scheme centered on...

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Recent Google Ruling May Open Door to More AI-Powered eCommerce
Recent Google Ruling May Open Door to More AI-Powered eCommerce
August 12, 2024  |  eCommerce

The recent federal court ruling against Google’s search monopoly could usher in a shift in online shopping, potentially reshaping how consumers discover products and businesses...

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National Consumers League CEO: Drip Pricing Leaves Consumers in the Dark
National Consumers League CEO: Drip Pricing Leaves Consumers in the Dark
August 12, 2024  |  Retail

Drip pricing, or added fees consumers only learn about at checkout, are coming under fire from consumer groups as proposed rules make their way through...

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Ripple’s Cross-Border Business Could Be Collateral Damage in SEC Suit
Ripple’s Cross-Border Business Could Be Collateral Damage in SEC Suit
August 09, 2024  |  Cryptocurrency

One of the longest running legal cases impacting crypto’s regulatory future is potentially nearing resolution. The case, between cryptocurrency company Ripple Labs and the U.S. Securities and...

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Unpacking Google’s Week: Antitrust Ruling and Targeting Minors With Meta
Unpacking Google’s Week: Antitrust Ruling and Targeting Minors With Meta
August 09, 2024  |  Google

Alphabet’s Gmail email service, the world’s largest free email provider, was down Thursday (Aug 8). But the multi-hour disruption was merely the latest — and...

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Google Ruling May Blunt Apple’s Services Revenue and Ecosystem Growth
Google Ruling May Blunt Apple’s Services Revenue and Ecosystem Growth
August 06, 2024  |  ANTITRUST

For years, tech juggernaut Apple has been building a services-focused ecosystem designed to offset bumpy, lumpy hardware sales and bring higher-margin dollars to its revenue...

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German Prosecutors Charge 2 Former Wirecard Executives With Embezzlement
German Prosecutors Charge 2 Former Wirecard Executives With Embezzlement
August 06, 2024  |  Security & Fraud

Four years after the collapse of online payments company Wirecard, German prosecutors have reportedly charged two more of the firm’s former executives. Wirecard’s former finance...

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FTC Announces Proposed Settlements With Financial Education Services
FTC Announces Proposed Settlements With Financial Education Services
August 05, 2024  |  Legal

The Federal Trade Commission (FTC) has announced proposed settlements in a case involving the owners and operators of credit repair operation Financial Education Services (FES). The proposed...

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