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Antitrust, Privacy Concerns Surround Google’s Fitbit Takeover Bid

PYMNTS

The acquisition — worth $2.1 However, even though the company wouldn’t directly compete with Google, and the profit would still be just a small share of the hardware and fitness-tracking industry, the merger has raised alarm bells for regulators. For example, the U.S.

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India Mulls Requesting eCommerce, Social Media Players To Store Customer Data Locally

PYMNTS

According to a report in Reuters , the plan was laid out in an updated Draft National Policy. A source told Reuters the draft policy was floated around last week, and calls for more scrutiny of mergers in eCommerce so that even small deals are reviewed by India’s anti-trust regulator.

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GDPR Compliance Stalls EMEA Acquisition Activity

PYMNTS

A new survey shows that an increasing number of mergers and acquisitions (M&As) are not going through because of concerns over General Data Protection Regulation (GDPR) compliance. As we track transactions, it will be very telling how these challenges will impact organizations’ due diligence processes.

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How SMB FinTech Firms Boost Data Sharing Without Open Banking

PYMNTS

Mergers and acquisitions have become a popular way for traditional financial institutions to acquire the technologies developed by smaller FinTechs, not only allowing FIs to build out their offerings, but eliminating the reliance on an API strategy to connect their platforms to third parties. But in jurisdictions like the U.S.

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Maximizing Value in Private Equity Investments 

E78 Partners

By doing so, they can better comprehend the potential initial investments required post-acquisition, enabling them to optimize their financial strategies and decision-making processes. A technology integration strategy and roadmap, including investment projections, must be developed for mergers.

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MoneyGram, Ant And Making The “Unbanked’s Bank”

PYMNTS

billion acquisition of MoneyGram by Ant Financial on Tuesday (May 16), with 97 percent of shareholders giving it the green light, putting an end to the bidding war that had erupted over the global money transfer giant between Ant and Euronet. As has been widely reported, MoneyGram shareholders approved the $1.2 China trade relations.

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Senate Antitrust Panel To Look At Big Tech Acquisitions, Competition

PYMNTS

The Senate Judiciary Committee antitrust panel is going to meet this month to look into issues surrounding Big Tech companies like Facebook and Google, and investigate antitrust concerns surrounding their acquisitions of smaller firms, according to a report by Reuters. . Panel Chairman Sen. Mike Lee of Utah and Sen.