Remove news
article thumbnail

Draft Guidelines Clarify GDPR Scope

PYMNTS

As GDPR continues to take root, having an impact in Europe and beyond the confines of the continent, news came late last month that the European Data Protection Board has published draft guidelines that touch on the data protection regulation’s territorial scope.

article thumbnail

Apple Revamps App Store Guidelines For Games, Classes

PYMNTS

Before the anticipated deployment of iOS 14 later in September, Apple updated its App Store guidelines on Friday (Sept. Also, Apple’s guidelines now indicate that digital one-on-one classes, such as exercise instruction, can circumvent the company for payment.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

UK Retail Banks Draft FinTech Alliance Guidelines

PYMNTS

banks and financial technology firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial institutions (FIs). The new guidelines, developed by the British Standards Institute (BSI), aim to address issues that interfere with FinTech firms and banks forming alliances.

article thumbnail

Reserve Bank Of India Provides Guidelines For Payment Systems

PYMNTS

The Reserve Bank of India (RBI) has set forth guidelines for “on tap” authorization for various payment systems, including the Bharat Bill Payment Operating Unit (BBPOU), Trade Receivables Discounting System (TReDS) and White Label ATMs (WLAs). White-Label ATMs are facilitated by non-banking organizations.

article thumbnail

More PPP Forgiveness Guidelines Unveiled, But Clarity Remains Elusive

PYMNTS

Treasury Department and Small Business Administration (SBA) have tried a few times to clear up the confusion, most recently unveiling new guidelines through a loan forgiveness application. But did this new application simply give rise to more uncertainty ? We wonder what the ripple effect across the employment picture might be.

article thumbnail

Auto, Tech Industries Have Competing Patent Guidelines For Autonomous Tech

PYMNTS

Guidelines for patents on self-driving car technology and internet-enabled vehicles have put tech firms and automakers at odds, according to a report by Reuters. The guidelines by the two industries differ in the way licensing fees get calculated, and the rules for using patented tech. Qualcomm was ordered in May by a U.S.

article thumbnail

New China Guidelines Increase Foreign Business Opportunities

PYMNTS

The 30-page draft guidelines published by the National Development and Reform Commission (NDRC) aim to reverse a slowdown of economic growth partially caused by the U.S. The world’s second-largest economy wants to make business transactions easier, from nurturing private enterprises to widening market access. trade war, Reuters reports.