Legal & Regulation

Legal & Regulation
The Only Thing Missing From The Big Tech Breakup Debate: A Debate
June 10, 2019

Bashing Big Tech has become something of a sport. 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 form,...

Bank Regulation
Token CEO: Why Open Banking Is Really ‘Closed Banking’
June 10, 2019

Open Banking is brand new, but maybe not. Token.io Limited CEO Steve Kirsch tells Karen Webster that there are limitations with PSD2 amid a lack of API standardization. There’s precedent in the World Wide Web when it comes to having the most open protocols in accessing financial...

Legal & Regulation
Huawei Blacklist Could Impact 5G Standards
June 10, 2019

The 5G standards body has warned that a ban on Huawei could have “a dramatic impact” on future standardization, while analysts believe it could lead to a split in the development of the technology. Get the Full Story Complete the form to unlock this article...

Bank Regulation
IMF’s Lagarde Raises Concerns Over Big Tech’s FinServ Push
June 10, 2019

International Monetary Fund Managing Director Christine Lagarde issued a warning over the weekend about the impact artificial intelligence may have on the financial system across the globe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Bank Regulation
China To Help Smaller Banks Retain Liquidity
June 10, 2019

China’s central bank announced over the weekend it plans to use several tools to keep liquidity in the market and that it will provide liquidity support to small and medium-sized banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal & Regulation
US AGs Prepare Probes Into Big Tech
June 07, 2019

The Wall Street Journal is reporting that state attorneys general are preparing to launch their own investigations into big tech companies like Facebook and Apple. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Legal & Regulation
CFPB Pushes Pause On Payday Rule
June 07, 2019

The Bureau of Consumer Financial Protection (CFPB) has delayed the Aug. 19, 2019 compliance date for the mandatory underwriting provisions for its short-term, small-dollar (payday) rule, according to various reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
FSB Says Higher Bank Capital Requirements Will Remain
June 07, 2019

Europe’s Financial Stability Board (FSB) said on Friday (June 7) that higher bank capital requirements, which were put on the books during the financial crisis, will remain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
Walmart, Wearables And The Murky Future For Marketplaces In India
June 07, 2019

While it might not look like much at first glance, an escalating legal spat between Walmart-owned, Indian eCommerce marketplace Flipkart and a small, relatively unknown New Delhi wearables maker might just be on the verge of bubbling over in a way that changes the whole...