Apple ‘buy now pay later’ feature raises antitrust concerns
The announcement of an Apple buy now, pay later feature, Apple Pay Later, has drawn the attention of the US consumer finance regulator.
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Regulator
China foreign exchange regulator fines Tencent’s Tenpay for misconduct
China foreign exchange regulator said it fined Tencent Tenpay for violating foreign exchange rules, as authorities step up supervision of fintech industry.
Alibaba beats revenue forecast as Chinese regulators hover
China’s Alibaba Group beat wall street estimates for third-quarter revenue, as its e-commerce business benefited from a switch to online shopping.
Irish regulator Facebook’s handling of children’s data on Instagram
DUBLIN: Ireland’s Data Protection Commission (DPC) has launched two inquiries into Facebook after concerns were raised about the social network giant’s…
Facebook sues EU antitrust regulator for excessive data requests
Facebook is suing EU antitrust regulators for seeking information beyond what is necessary, including highly personal details, for their…
Malaysia securities regulator warns of digital currency ATM scam risks
The Securities Commission Malaysia has warned members of the public not to use digital currency ATMs, after a spate of scams and money laundering through the…
Malaysia minister sidelines regulator with shock 5G directive
Malaysia’s new communications minister has thrown the country’s 5G licensing into disarray with the allocation of spectrum to five individual operators.…
French regulator orders Google pay copyright fees to media groups
PARIS – France’s competition regulator said Thursday (April 9) that Google must start paying media groups for displaying their content, ordering it to begin…
Grab Takes Competition Regulator To Court Over Its Proposed Fine
According to the Malaysiakini report, Grab claimed that in the course of MyCC’s investigation, the regulator did not specify the basis of its belief on how…
Singapore financial regulator got 21 applications for digital bank licenses
TECHNOLOGY has disrupted banking a great deal. While traditional bankers are struggling in one way or another, new-age digital banks are thriving. Just about a…