Legal & Regulation

CFPB
CFPB Issues Proposed Rule Banning Medical Bills From Credit Reports
June 11, 2024

The Consumer Financial Protection Bureau (CFPB) has issued a proposed rule that would ban medical bills from credit reports. 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
SEC, US Attorney Charge Joonko Founder Ilit Raz With Fraud
June 11, 2024

The founder of a now-closed artificial intelligence (AI) recruitment startup called Joonko is facing charges from both the Securities and Exchange Commission (SEC) and the United States Attorney’s Office for the Southern District of New York. Get the Full Story Complete the form to unlock...

CFPB
Are Fireworks Ahead as CFPB Director Testifies on Capitol Hill?
June 10, 2024

Consumer Financial Protection Bureau Director Rohit Chopra is set to testify on Capitol Hill this week. 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
Synapse Hearing Highlights Frustration With Banking-as-a-Service Complexities
June 10, 2024

The drama surrounding the Synapse Financial bankruptcy continued Friday (June 7) with an afternoon court hearing in California’s Central District Bankruptcy Court, although the case appeared no closer to a resolution. As a result, the hearing set the stage for what will be a complex...

Legal & Regulation
UK Tribunal Allows Class Action Lawsuits Against Visa, Mastercard
June 07, 2024

Visa and Mastercard are facing new lawsuits over multilateral interchange fees. 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
Judge Allows Yelp to Sue Firm That Claimed to Remove ‘Bad’ Reviews
June 07, 2024

Yelp can continue a trademark infringement and unfair competition lawsuit against a company that advertised that it could remove “bad” reviews from the platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
Google Will Get Judge’s Hearing in AdTech Antitrust Trial
June 07, 2024

Google parent Alphabet’s trial on antitrust charges around its advertising technology will be decided by a judge rather than a jury. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Legal & Regulation
Synapse Bankruptcy Trustee Finds $85 Million ‘Shortfall’ Amid Tangled Web of Accounts
June 07, 2024

Former Federal Deposit Insurance Corp. Chair Jelena McWilliams will present her initial findings as trustee of Synapse’s Chapter 11 bankruptcy case Friday afternoon (June 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Legal & Regulation
5 Things to Watch as Open Banking Gains Ground in the US
June 06, 2024

Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....