Legal & Regulation

Legal & Regulation
FDIC Chairman McWilliams Resigns Over Policy Clashes
January 02, 2022

Jelena McWilliams, a Trump-era appointee banking regulator, has resigned as of Friday (Dec. 31), per a Financial Times report. 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...

Legal & Regulation
Crypto Broker Voyager Faces Lawsuit Over Alleged Hidden Fees
December 29, 2021

Cryptocurrency broker Voyager Digital has been hit with a proposed class action lawsuit over its alleged misleading of customers about hidden fees, Bloomberg wrote Wednesday (Dec. 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
Legal Technology Sector Sees Advancements, Unicorns in 2021
December 29, 2021

Legal technology saw numerous advances in 2021 as the still-blooming sector saw greater activity, Reuters reported Wednesday (Dec. 29). 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...

Legal & Regulation
Congress Wants Biden to Get in the Game and Play Bigger Role in Regulating Big Tech  
December 29, 2021

Congress is calling on President Joe Biden to join the effort for stronger regulations on social media and other internet platforms. 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
Biden Considering Sarah Bloom Raskin to Take Top Fed Banking Spot
December 28, 2021

The Biden administration is considering former Fed governor Sarah Bloom Raskin for a top position at the Federal Reserve. 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...

ANTITRUST
Apple Must Change App Store Policies, Says Dutch Antitrust Regulator
December 27, 2021

The Netherlands Authority for Consumers and Markets (ACM) ordered Apple Dec. 24 to adjust its App Store policies to allow dating app providers to be able to use payment systems other than Apple’s, according to a press release. Get the Full Story Complete the form...

Legal & Regulation
UK Data Watchdog Seeks Help on How it Uses Powers
December 27, 2021

It’s rare when a regulator asks stakeholders and consumers for advice on how it monitors and enforces. 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...

ANTITRUST
Facebook’s Appeal of UK CMA’s Decision on Giphy Deal Is Not Just About the Case
December 26, 2021

Facebook’s decision to appeal the U.K. CMA’s negative ruling over its Giphy deal may seek to revert not only the fate of this case, but also the approach taken by the regulator in the last two years on merger control. Get the Full Story Complete...

Bank Regulation
EU Says Proposed Cross-Border Banking Rules Target ‘Core’ Services
December 26, 2021

The EU is cracking down on the ability for banks outside the EU to sell services to the bloc, with a focus on “core banking.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...