PYMNTS

FEBRUARY 25, 2020

Retailers are facing a personalization paradox. Fifty-three percent of consumers want retailers to respect their anonymity in 2020; at the same time 61 percent want more personalization in marketing, messaging and promotions. That transaction has spawned major regulations in the European Union (GDPR) and California (CCPA).

Retail 202

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PYMNTS

SEPTEMBER 8, 2020

With the boom of eCommerce both before and during the pandemic, European Union regulators are taking another look at antitrust rules regarding internet sales and distribution platforms. The European Commission, the EU’s arm for antitrust regulations, said in a press release that it will examine vertical block exemption regulations (VBER).

Regulation 131

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PYMNTS

DECEMBER 10, 2018

Regulators in the European Union looked at Apple Pay , the company’s mobile payment system, and came to a conclusion about its market dominance, according to a report by Reuters. 10) that they found Apple was not market dominant, but that they could review the issue again if they received any formal complaints.

Apple 108

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PYMNTS

FEBRUARY 6, 2020

Buy now, pay later (BNPL) company Afterpay has pushed back against the Reserve Bank of Australia’s potential regulation of its fees. Afterpay has a market capitalization of around $10 billion. Afterpay CEO Anthony Eisen said the company should be seen as a sales and marketing company, more like Amazon or Google.

Regulation 141

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PYMNTS

FEBRUARY 27, 2019

million fine against Mastercard for its swipe fees, which regulators said drove up prices for retailers and consumers, and hampered competition. Meanwhile, the EC has extended the deadline to release its review of the effectiveness of the Interchange Fee Regulation (IFR), which came into effect in 2015.

Cards 176

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PYMNTS

JULY 1, 2020

Keeping up with customers’ shifting behaviors and preferences amid changing regulations is a familiar challenge for today’s small- to medium-sized businesses (SMBs), but the pandemic’s impact on the scale of digital payments has steepened the learning curve for these merchants. One study found that card-not-present (CNP) transactions rose 29.7

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PYMNTS

APRIL 16, 2019

Another recently introduced piece of legislation aims to protect individuals by regulating facial-recognition cameras. While security concerns remain, the IoT market is continuing to expand. IoT-related revenue grew by 15 percent in 2018, according to an industry study. Find the rest of the feature story in the April IoT Tracker.

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PYMNTS

JULY 12, 2019

Trends in legal cannabis retail are just now emerging, and fresh numbers from Colorado are providing insight into how the industry is evolving. Other figures also point to how much consumers are spending on legal retail pot. Legal retail cannabis may be spreading throughout the U.S., Companies also have made more than $6.5

Retail 154

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PYMNTS

MAY 31, 2020

Uber has been approved by the National Economic Prosecutor’s Office (FNE), Chile’s antitrust regulator, to acquire the Chilean grocery shopping app Cornershop, according to an FNE statement. Although Chile has now granted permission, Mexico regulators still have not.

Regulation 130

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PYMNTS

DECEMBER 28, 2020

Large Chinese companies, including Alibaba and rivals Tencent , food delivery giant Meituan and retailer JD.com , have lost almost $200 billion in Hong Kong since regulators announced last week that they were investigating Alibaba's reported monopolistic practices, according to Bloomberg. Regulators on Sunday (Dec.

Regulation 141

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PYMNTS

JANUARY 27, 2020

Regulators are looking into a possible merger between Dean Foods and Dairy Farmers of America (DFA) and its potential antitrust implications for the industry, according to a report by The Wall Street Journal. is marketed by them. In November, the two entities announced they were looking into making a deal with each other.

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Perficient

MAY 25, 2023

Promethium Ember Capital, (“PEC”), a wholly owned subsidiary of Promethium, has become the first digital asset custody provider to come under federal regulation. The approval allows Promethium to custody digital asset securities on behalf of both retail and institutional clients. The significance of this is two-fold.

cryptocurrency 251

cryptocurrency United States Retail Security 251

PYMNTS

JULY 31, 2019

s cryptocurrency market. The overview follows the FCA’s announcement earlier this month that it wants to ban retail cryptocurrency sales, explaining that the products are a risk to consumers because cryptos’ value and risks cannot be reliably assessed due to extreme volatility, market abuse and financial crime, among other reasons. “As

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PYMNTS

MARCH 30, 2020

Retailers are dutifully speaking with their payment service providers (PSPs) and industry partners to adhere to these shifts, but they must also keep their customers’ experiences in mind. retailer trade group, Retail Industry Leaders Association ( RILA ), told PYMNTS in a recent interview. Retailers And Data’s Role .

United States 131

United States Retail Customer Experience Data 131

PYMNTS

FEBRUARY 3, 2020

The European Union is examining the creation of a single data market that would reportedly challenge tech firms such as Google and Facebook, as Reuters reported. The creation of a “single European data space, a genuine single market for data” would include new rules governing cross-border use and data interoperability, among other tenets.

Data 130

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PYMNTS

FEBRUARY 28, 2020

The JFTC said that Rakuten’s new initiative could be a disadvantage to some sellers on the site, and that it is still studying what impact the move would have on the market as a whole. The organization is the watchdog for business practices in the country.

Regulation 131

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PYMNTS

JANUARY 16, 2020

In addition, any firms that carry out crypto asset related activity within the scope of the FCA’s regulations must register with the authority before conducting business. Back then, the FCA recommended a ban on retail investors’ ability to trade on crypto derivatives platforms. million a year. shut down late last year.

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PYMNTS

JUNE 14, 2019

eCommerce market is far below previous projections. The downward revision of Amazon’s market share comes as the eCommerce giant finds itself, along with Facebook and Google, in the cross-hairs of regulators who believe they’ve grown too large, too powerful and very much in need of antitrust oversight. online sales to 37.7

Marketing 134

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PYMNTS

JUNE 6, 2019

Waste is becoming ever more of a vice, especially among younger consumers, and now regulators. By 2023, manufacturers and retailers will have to donate, reuse or recycle the goods” under a program that the French prime minister called the first of its kind from any national government. Amazon’s Role. Liquidation Trends.

Retail 146

Retail New York Online Trends 146

PYMNTS

JUNE 3, 2020

Reuters reports RBA is reviewing Aussie’s retail payments regulation to determine the cost and resilience of electronic payments and access to cash. Bullock has said ATM withdrawals were off 30 percent from March and more than 40 percent one year ago as customers switched to contactless payments. “So

Regulation 131

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TheGuardian

MAY 3, 2023

Importantly, revising listing regulation is just one piece of the puzzle. A comprehensive package of measures across listings and other areas such as secondary markets, tax, retail investor access, forward guidance, analyst coverage, regulatory capital treatment and labour is needed, rather than a siloed approach.

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CFPB Monitor

SEPTEMBER 22, 2022

The public comment period for the notice of proposed rulemaking (“NPRM”) regarding the Motor Vehicle Dealers Trade Regulation Rule (the “Rule”) closed on September 15, 2022 after the FTC declined in August to extend it.

Regulation 148

Regulation Groups Customer Experience Retail 148

PYMNTS

MAY 18, 2016

In a 405-page document by the United Kingdom’s Competition and Markets Authority (CMA), a number of proposals came to light that would encourage more competition and reform in retail banking.

Retail 100

Retail Regulation Comparison Tools 100

PYMNTS

NOVEMBER 29, 2018

The Federal Cartel Office , Germany’s antitrust authority, has rolled out an inquiry into Amazon and whether or not it is using its dominance in the market to harm third-party retailers that sell products through its website as a marketplace member. Reuters noted Germany is the second largest market for Amazon outside of the U.S.

Regulation 108

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PYMNTS

JANUARY 14, 2019

Vietnam wants to be a cashless society, according to a report in Financial Times , but bank regulations are hindering the country’s ability to do so. The problem isn’t a lack of investment in the sector, or cash flow to grow market share for companies in the field – it’s the restrictive rules on e-wallets created by the State Bank of Vietnam.

Regulation 123

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PYMNTS

NOVEMBER 9, 2018

The ascent of eCommerce and the digital tools that support it have made it easier — in both theory and practice — for retailers to not only see how consumers browse and what they buy (to analyze the entire path to purchase), but to get to know them in the same ways as those old-time general store operators who served small towns.

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PYMNTS

OCTOBER 22, 2020

tZERO announced that its tZERO Markets retail broker-dealer subsidiary is now online and has rolled out a web application, according to a Wednesday (Oct. tZERO Markets will begin signing up individual investors based in the U.S., 21) announcement. with intentions to include U.S.

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Bank Innovation

JANUARY 10, 2020

Thailand is laying the foundations for standalone digital banks as it strives to catch up with other Asian markets that are allowing such changes, according to its central bank governor. “At

Digital Banking 322

Digital Banking Marketing System Compliance 322

PYMNTS

JANUARY 22, 2019

Flipkart , a huge eCommerce company in India, has invested $201 million into its wholesale unit, in a bid to stay relevant in an already crowded market that’s been hit with industry-shaking regulatory changes recently, according to reports. Recently, Google entered the market and started offering shopping search services.

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Marketing Regulation Groups Google 136

PYMNTS

JULY 25, 2018

The Payments Systems Regulator (PSR), Britain’s official payment watchdog group, has announced it will be reviewing banks that process card transactions on merchants’ behalf to evaluate whether customers are getting the best deal. Our market review is prompted by these concerns.” s GDP,” UK Finance said. “It

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PYMNTS

NOVEMBER 5, 2018

China is reportedly looking at new regulations that would impact Alibaba and Ant Financial in an effort to boost oversight of financial holding companies. The WSJ quoted Alibaba, saying it “stepped up its investment to acquire more users and capture growth opportunities of the offline payment market,” which hurt results.

Regulation 128

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PYMNTS

DECEMBER 11, 2019

The United Kingdom’s regulator on competition and antitrust concerns has signaled that eCommerce giant Amazon’s stake in food delivery service Deliveroo may need additional examination. 11) that Britain’s Competition and Markets Authority (CMA) has said the stake raises “serious competition concerns” and may need more investigation.

Regulation 131

Regulation Innovation Operations Report 131

PYMNTS

SEPTEMBER 4, 2018

A new report says that India’s e-commerce market could hit $150 billion by 2022 due to rising incomes and a boost in Internet users. And the growing e-tail market could grow at a compounded rate of 30 percent each year to surpass $60 billion in market size by 2022.

Marketing 128

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PYMNTS

SEPTEMBER 11, 2019

CBD has in short order become something of a retail fad. Short for cannabidiol, CBD is a chemical derived from cannabis plants that is increasingly favored for a whole host of medical and wellness related applications across the retail spectrum. Although some CBD products are now legal federally in the U.S., Probably not.

Marketing 124

Marketing US Branding Retail 124

PYMNTS

JULY 31, 2020

Regulators in China are preparing to move against once-hot Luckin Coffee Inc. The revelations came shortly after Luckin was listed on the NASDAQ stock market. which admitted booking millions of dollars in nonexistent sales, The Wall Street Journal reported on Friday (July 31). The Journal also noted that the U.S.

Regulation 151

Regulation Fraud Report Security 151

PYMNTS

AUGUST 19, 2019

The Australian Securities and Investments Commission (ASIC) is just weeks away from filing lawsuits against the country’s biggest banks, as the regulator increases its active investigations, Reuters reported on Monday (Aug. ASIC Deputy Chair Daniel Crennan said the latest proceedings would be issued by year-end.

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PYMNTS

FEBRUARY 5, 2020

Looks like the digital advertising and marketing sectors are in for a reckoning. The Merchants’ Guide to Navigating Global Payments Regulations , powered by Ekata, dives deep into this complex and unsettled topic, from possible abrupt retail impacts to long-term open banking repercussions. Together in a Privacy Sandbox.

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