The payments industry in the United Kingdom is reportedly advocating for changes to fraud-reimbursement rules that are set to be enacted Oct. 7. Despite changes announced by the Payment Systems Regulator (PSR) Wednesday (Sept. 4), the industry is pushing for further amendments to these rules, Bloomberg reported Friday (Sept. 6). The Payments Association wrote to...
Tag: Big tech
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UK’s CMA Says Google’s Ad Tech Practices May Violate Competition Law | PYMNTS.com
The United Kingdom’s Competition and Markets Authority (CMA) said Friday (Sept. 6) that it has found that Google may have harmed competition by using its dominance in online display advertising to favor its own ad technology services. The regulator added that it will accept comments on this “statement of objections” before deciding whether the company has...
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Tesla pushes to legalise driverless cars in UK
Tesla is pushing to legalise its self-driving system in the UK and Europe, launching a charm offensive with regulators as Elon Musk bets the carmaker’s future on autonomous driving. The company demonstrated its “full self-driving” (FSD) technology to officials on European roads last month, taking attendees at a safety conference on test drives around Munich....