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British regulators to examine Big Tech's digital wallets

UPDATE 1-British regulators to examine Big Tech's digital wallets Adds details, context and regulator quotes in paragraphs 3-9 By Tommy Reggiori Wilkes and Yadarisa Shabong LONDON, July 15 (Reuters) - British regulators said on Monday they were looking into the soaring use of digital wallets offered by Big Tech firms, including whether there are any competition, consumer protection or market integrity concerns.
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British regulators look into Big Tech and digital wallets

British regulators look into Big Tech and digital wallets July 15 (Reuters) - British regulators said on Monday they are seeking views on the benefits and risks of digital wallets, which have become an important "touchpoint" between big tech firms and UK consumers. The Financial Conduct Authority and Payments Systems Regulator will assess the impact the rising popularity of digital wallets, such as Apple Pay, Google Pay and PayPal, have on competition and choice of payment options at checkout, a
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PayPal fined $27.3 mln by Polish watchdog for ambiguous clauses

UPDATE 1-PayPal fined $27.3 mln by Polish watchdog for ambiguous clauses Adds PayPal comment WARSAW, July 15 (Reuters) - Poland's antitrust and consumer protection watchdog imposed a fine of 106.6 million zlotys ($27.3 million) on PayPal Europe for failing to spell out to consumers in its contractual clauses activities for which they may be fined, UOKiK said on Monday.
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PayPal fined $27.3 mln by Polish watchdog for ambiguous clauses

PayPal fined $27.3 mln by Polish watchdog for ambiguous clauses WARSAW, July 15 (Reuters) - Poland's antitrust and consumer protection watchdog imposed a fine of 106.6 million zlotys ($27.3 million) on PayPal Europe for failing to spell out to consumers in its contractual clauses activities for which they may be fined, UOKiK said on Monday. UOKiK said that prohibited activities which could incur penalties were described in an unclear way and users may not understand exactly what was not allowed
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REUTERS SPORTS SCHEDULE AT 6:30 p.m. GMT / 2:30 p.m. ET

REUTERS SPORTS SCHEDULE AT 6:30 p.m. GMT / 2:30 p.m. ET Here are the top sports stories and upcoming coverage plans for Reuters text service as of 6:30 p.m. GMT / 2:30 p.m. ET. For a full schedule of news and events, go to our editorial calendar on Reuters Connect . TOP STORIES TENNIS-WIMBLEDON/ Tennis-Krejcikova holds off Paolini to win Wimbledon title LONDON, July 13 (Reuters) - Barbora Krejcikova held off Italian crowd favourite Jasmine Paolini to win the Wimbledon singles title on Saturday,
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