Legal & Regulation

Legal & Regulation
Big Tech in Spotlight as UK Scrutinizes ‘Critical Third Parties’
November 12, 2024

Financial regulators in the United Kingdom issued long-expected rules governing “critical third parties.” 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 our daily newsletter, PYMNTS Today....

Legal & Regulation
H&R Block to Settle FTC Lawsuit Alleging Deceptive Claims
November 12, 2024

H&R Block will pay $7 million and change some of its practices under a proposed settlement that would resolve a Federal Trade Commission (FTC) lawsuit alleging that the company made deceptive claims about “free” tax filing. Get the Full Story Complete the form to unlock this article...

Legal & Regulation
EU Regulators Warn Apple About Geo-Blocking Practices
November 12, 2024

The European Commission and the Consumer Protection Cooperation Network said Monday (Nov. 11) that Apple may face enforcement measures if it does not stop its geo-blocking practices on certain Apple Media services. Get the Full Story Complete the form to unlock this article and enjoy...

AML
UK’s FCA Fines Metro Bank $21 Million for Money Laundering Protection Lapses
November 12, 2024

The United Kingdom’s finance regulator fined Metro Bank for failing to monitor money laundering risks. 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 our daily newsletter,...

Legal & Regulation
FTX Blasts Binance’s ‘Campaign to Destroy’ in $1.8 Billion Lawsuit
November 11, 2024

FTX is suing cryptocurrency giant Binance and its former CEO for $1.8 billion. 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 our daily newsletter, PYMNTS Today. By completing this...

Legal & Regulation
FTX Sues Anthony Scaramucci to Recover Creditor Funds
November 10, 2024

FTX has reportedly sued former Trump administration official Anthony Scaramucci to recover creditor funds. 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 our daily newsletter, PYMNTS...

Legal & Regulation
Shares of Credit Card Issuers and Lenders Rise After Election
November 08, 2024

Shares of credit card issuers and lenders have reportedly risen after the election of Donald Trump, with investors expecting the incoming Trump administration to deliver regulatory changes that are favorable to the industry. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
FTX Star Witness Caroline Ellison Begins 2-Year Prison Sentence
November 07, 2024

Cryptocurrency-executive-turned-government-witness Caroline Ellison’s stint in prison is officially underway. 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 our daily newsletter, PYMNTS Today. By completing this form,...

Bank Regulation
CFPB: Navy Federal CU Fined $95 Million for Alleged Illegal Overdraft Fees
November 07, 2024

The government has ordered America’s largest credit union to repay its customers $80 million. 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 our daily newsletter, PYMNTS...