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In Blow To Amazon, Regulators In India Approve Reliance Retail Deal

PYMNTS

In a big setback for Amazon , the Securities and Exchange Board of India has reportedly approved Reliance Retail ’s $3.4 billion acquisition of Future Group ’s retail assets. percent stake in Future Retail. Regulatory battles may remain for the deal. However, the stock exchange put certain conditions on Reliance.

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US Retailers Confront Data Privacy Shifts

PYMNTS

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. Considering t he global nature of COVID-19, regulators outside of the U.S. Security .

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Reinventing Retail Will Mean Embracing New Formats

PYMNTS

Reinventing retail in the wake of COVID-19 may mean reinventing retail formats. It’s also likely that retailers will see more men in-store than women, and they should consider adjusting inventory to target these shoppers.”. Inventory adjustments will only be part of the post-COVID retail order.

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Report: As Crypto Becomes More Popular, Regulation Will Increase

PYMNTS

But in doing so, it will now face more scrutiny from regulators, Bloomberg reported. Regulation will be more of an issue for crypto companies the bigger and more ubiquitous they become, Bloomberg reported. Bitcoin has had a good year despite numerous global challenges, becoming more popular than ever.

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Report: Amazon Alleges India's Future Retail Breached Its Contract

PYMNTS

Amazon , which is fuming over a decision by its India business partner Future Retail to sell assets to rising Amazon rival Reliance Industries , has asked India's top securities regulator to block the deal, Reuters reported. Securities regulators therefore should block the deal, Amazon reportedly argued in the letter.

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Is ‘Embedded Regulation’ The Key To Stablecoins’ Success?

PYMNTS

The age of digital currencies might be fully upon us, but key questions swirl about how to issue and regulate cryptos – especially stablecoins. Regulators and lawmakers, however, can latch onto digital currency efforts as they must monitor and also supervise such stablecoins. In a paper that debuted Tuesday (Nov.

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Big Week Ahead For Retail Data

PYMNTS

Prepare for a big week of retail data, all of it unprecedented in light of the COVID-19 pandemic. Starting with the Commerce Department retail sales data on Wednesday, retailers will get a sense of how much consumers are spending and the retailers they are spending with. For retailers, there are no surprises from March.

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