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Big Tech Compliance Tracker: UK Regulators To Form Digital Markets Unit; Italy Fines Apple $10 Million Over Claims About iPhone Water Resistance

PYMNTS

UK Regulations to Create New Digital Markets Unit. antitrust regulators are creating a Digital Markets Unit that will be given the duty to enforce rules applicable to Big Tech firms. Regulators also called out the tech company’s warranty terms for not covering water damage. Canada Looks to Tax International Tech Firms.

Apple 143
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Payments 2016: The Year Of The Emergence Of The Global Citizen

PYMNTS

PYMNTS consulted 21 payments executives from across the industry to share their insights on the biggest takeaways from 2016 as part of the “Payments 2016, The Year Of…” eBook. Payments 2016: The Year Of The Emergence Of The Global Citizen. 2016 saw more people transacting across borders in larger sums than ever before.

Payments 113
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In Procure-To-Pay, Reg And Tech Evolve Together

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The rise of RegTech is not by chance: There is an undeniable link between regulatory changes and technological innovation, and that link has a profound impact on FinTech and the financial services market. Europe is an epicenter for both regulatory shifts and FinTech innovation. Tax fraud is a massive threat of corporates.

Taxes 102
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Indian Tech Startups Broke Funding Records In 2018

PYMNTS

In 2016, it was lower and companies only saw $4.3 Last year, we saw some early-stage startups in the country explore innovative and creative solutions, but if you look at the quantum of the funding, it was the big players that attracted most of it,” he said. billion in funding – the most ever. In 2017, Indian startups got $10.4

Company 162
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Let’s Talk About European Attitudes Toward US Tech Firms

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It’s beginning to feel like two kids talking smack in a high school hallway — except, in this case, billions of dollars are involved, along with issues of privacy and innovation. billion in 2016, according to an estimate from Orrick, Herrington & Sutcliffe LLP , a U.S.-based technology giants.

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Threats, Risk Coming At Businesses From All Sides

PYMNTS

Dabbling in FinTech innovation, expanding internationally, integrating digital systems — businesses must make progress, but they’re facing unfamiliar threats as they make these moves. businesses in 2016 than the year prior, found CyberScout. businesses in 2016 than the year prior, found CyberScout.

Survey 100
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Governments Fuel Blockchain’s Global Proliferation

PYMNTS

Singapore stepped onto the global stage as a world leader in blockchain innovation in recent months. Ubin was first announced in 2016 with the central bank launching a partnership with blockchain company R3. As regulators begin to consider blockchain regulations, many have signaled a desire not to hamper innovation while doing so.