Legal & Regulation

Legal & Regulation
App Developers Bring Antitrust Lawsuit Against Facebook
January 17, 2020

Facebook has been sued by four companies regarded alleged anti-competitive practices, according to a report by Reuters. 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
FTC Probes Altria-Juul Tie-Up For Possible Antitrust Issues
January 17, 2020

Cigarette maker Altria, the company that produces Marlboro, has made an investment in electronic cigarette company Juul Labs, but certain aspects of the deal are frozen due to an ongoing probe by the Federal Trade Commission (FTC), according to a report by The Wall Street Journal....

Bank Regulation
China Finalizing Laws For Digital-Only Banking 
January 14, 2020

China is finalizing its first rules for online-only banks, striving to reduce financial jeopardy and lure pivotal participants, Reuters reported on Monday (Jan. 13), citing three sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
The Instant Verdict Is In For Legal Disbursements
January 14, 2020

The fact that instant disbursements are overwhelmingly preferred by consumers isn’t much of a surprise. When stacked up against a paper check, money that is instantly loaded to one’s digital account of choice seems an obviously superior option. After all, when it comes to collecting...

Legal & Regulation
EU Regulators Expand Scrutiny On Data Practices – And Bots
January 13, 2020

It’s a new year, and in Europe, an expansion of scrutiny and laws governing data sharing. 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...

Bank Regulation
Reserve Bank Of India Modifies Penalties For Regulatory Non-Compliance
January 13, 2020

In order to enhance and ensure security and safety for all stakeholders — including, most critically, customers — the Reserve Bank of India (RBI) last Friday modified the penalties for payment system operators who do not follow regulatory requirements. Get the Full Story Complete the...

Bank Regulation
Wells’ Growth Reportedly Hampered By Old Systems, Tech Failures
January 12, 2020

Wells Fargo is striving to revamp its approach to technology to ensure systems stay online, satisfy regulators and block cybercriminals, the Wall Street Journal (WSJ) reported on Saturday (Jan. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
Apple Sued For Allegedly Infringing On Medical Tech Patents
January 10, 2020

Medical technology company Masimo is suing Apple, saying that the company stole trade secrets related to its health monitoring technology and also stole away key employees, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy...

CFPB
CFPB Charges Student Loan Debt Relief Firms With Unlawful Behavior
January 10, 2020

The Consumer Finance Protection Bureau (CFPB) has filed lawsuits against several companies offering to forgive student loan debt for allegedly obtaining peoples’ data illegally, charging unlawful fees and engaging in “deceitful conduct,” an announcement said. Get the Full Story Complete the form to unlock this...