Legal & Regulation

Legal & Regulation
Reports: Dimon Not Joining Trump Administration
November 06, 2024

Despite reports of Republicans and Democrats naming him as a possible nominee for U.S. Treasury secretary, there’s an “almost nil” chance that JPMorgan Chase CEO Jamie Dimon will leave the bank, a source told Reuters. Get the Full Story Complete the form to unlock this...

ANTITRUST
Report: EU Questions Retailers in Visa and Mastercard Fee Controversy
November 06, 2024

The European Commission has reportedly launched a probe into whether Mastercard and Visa’s fees are hurting merchants. 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...

Legal & Regulation
FTC Suit vs FinTech ‘Dave’ Spotlights Conflict Over Fee Disclosures and Business Models
November 06, 2024

If the past few months have shown us anything it’s that the frictions between the regulators and the regulated — in this case, FinTechs — frequently are being played out in the courts. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
What Lies Ahead for the CFPB as Trump 2.0 Takes Shape?
November 06, 2024

As Donald Trump retakes the reins of power, the uncertainty over who occupies the White House is over. 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...

Legal & Regulation
FTC Accuses Digital Banking Platform Dave of Charging Undisclosed Fees to Users
November 06, 2024

The name of online banking platform Dave suggests a dependable friend. But after fielding consumer complaints, a regulator says Dave’s cash advance app is not on the level. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
Penalties Loom Large for Unclaimed Property Reporting Missteps
November 06, 2024

Tax season is officially over — even the Oct. 15 extension deadline has come and gone. 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...

Legal & Regulation
GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement
November 05, 2024

Smaller pharmacies are accusing GoodRx and CVS of colluding to suppress generic prescription drug reimbursements. 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...

Legal & Regulation
Rule 1033 Explained: How the CFPB’s Data Sharing Standards Could Reshape Banking
November 05, 2024

The Consumer Financial Protection Bureau’s finalized rule on data sharing has its share of supporters and detractors. 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...

AML
Elizabeth Warren: TD Bank Execs Should Have Been Prosecuted
November 03, 2024

Last month, the Justice Department settled an anti-money laundering probe into TD Bank. 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....