Regulation

Regulation
State AGs Wonder Why Equifax Waited Six Weeks To Disclose The Breach
October 30, 2017

Five states’ attorneys general are investigating why exactly it was that Equifax didn’t disclose its data breach for almost six weeks after its discovery. Said breach left the personal data of 145.5 million American compromised. Get the Full Story Complete the form to unlock this...

Regulation
The Supreme Court Will Decide American Express’ Antitrust Case
October 17, 2017

The American Express antitrust case is back — and is now going to the court of last resort. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Regulation
NRF Partners To Implement New EU Data Regulation
October 10, 2017

The National Retail Federation (NRF) and EuroCommerce have announced they are working together to develop a unified approach on implementing new EU data protection regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
OCC Surprise-Revises Its Small-Dollar Lending Guidance For Banks
October 06, 2017

While the CFPB’s new payday loan rule turned a lot of heads yesterday, it was by and large an expected piece of regulation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
California Passes Strict Statute To Curtail Arbitration Clause
October 05, 2017

California, with the signature of Governor Jerry Brown, has officially passed a law that will make it easier for consumers to sue banks alleged to have created fraudulent accounts in their names. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
WhatsApp Blocked By China (Again)
September 26, 2017

With China gearing up to host a big Communist Party conference in October, the government is moving to clamp down on the internet. Most recently, it has reportedly blocked the WhatsApp messaging app owned by Facebook. Get the Full Story Complete the form to unlock...

Regulation
European Commission Proposal Consolidates Power Over Financial Industry
September 21, 2017

In an effort to extend the European Union’s (EU) control over the financial industry following Brexit, the European Commission released a proposal on Wednesday (Sept. 20) which stated it would transfer some of the power to oversee the financial industry from each country’s capitals to the...

Regulation
Google Offered To Display Rival Comparison Shopping Sites To Appease EU
September 19, 2017

Google, aiming to prevent more fines from the European Union (EU), is offering to display competing comparison shopping websites through an auction, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
Why Regulation Won’t Fix Credit Reporting Agencies
September 18, 2017

Some of the most memorable television commercials of the 1970s and 1980s were those promoting E. F. Hutton’s brokerage services. When its tagline, “When E. F. Hutton talks, people listen,” was spoken in those commercials, everyone in the room stopped, turned to look and listened...