Legal & Regulation

Legal & Regulation
Personal Data Protection Bill Makes Headway In India
December 10, 2019

In India, the Personal Data Protection Bill is making headway. 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...

ANTITRUST
State AGs To Fight T-Mobile-Sprint Merger In Federal Trial
December 09, 2019

A group of state attorneys general are getting set to fight against the T-Mobile and Sprint merger in an unprecedented federal trial. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
Regulators Call For ‘Vigilant Monitoring’ Of Big Tech’s Financial Data Use
December 09, 2019

As a way to prevent unfair competition, the Financial Stability Board (FSB) said in a report on Sunday (Dec. 8) that there should be “vigilant monitoring” of Big Tech’s move into financial services. Firms like Google, Alibaba and Facebook could be forced to share data...

Bank Regulation
Deutsche Bank Settles AML Scandal For $16M
December 06, 2019

Deutsche Bank has settled a case with Frankfurt prosecutors that involved a raid on its offices and resulted in a huge hit on earnings and stock value over suspected money laundering, according to a report by Bloomberg.  Get the Full Story Complete the form to...

AML
EU Calls For Anti-Money Laundering Reforms
December 05, 2019

European Union finance ministers on Thursday (Dec. 5) agreed on strategy for anti-money laundering (AML) reforms and countering the financing of terrorism, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Bank Regulation
UK Regulators Call For Backup Plans Following Bank IT Glitches
December 05, 2019

U.K. regulators on Thursday (Dec. 5) called on banks and payment firms to set “impact tolerances” for important services after numerous IT failures last year, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Bank Regulation
Warren’s White House Would Put Bank Mergers On Notice
December 04, 2019

If presidential hopeful Sen. Elizabeth Warren (D-Massachusetts) gets into the White House, it is expected that the finance industry – bank mergers in particular – will be put under a microscope, The New York Times reported on Wednesday (Dec. 4). Get the Full Story Complete...

Legal & Regulation
Regulators Support Alternatives To Assess Creditworthiness
December 04, 2019

Federal banking regulators support using alternative methods to assess creditworthiness to help high-risk people get loans, The Wall Street Journal (WSJ) reported on Tuesday (Dec. 3).  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
CA College Student Accuses TikTok Of Illicit Data Harvesting
December 04, 2019

A California college student has filed a lawsuit against TikTok, accusing the viral video service of sending her personal data to its parent company in China, as well as creating an online profile for targeted advertising without her consent. Get the Full Story Complete the...