Legal & Regulation

Legal & Regulation
B2B Financing Firm FreightRover Reportedly Impacted By Celadon Fraud Scam
May 08, 2019

It hasn’t exactly been the best of times lately for FreightRover, at least not when it comes to legal drama and company leadership. The Indianapolis-based firm, which works to accelerate B2B payments to truck operators, apparently has removed its CEO and COO — the result...

Legal & Regulation
Former Danske Chief Charged In Money Laundering Scandal
May 08, 2019

Danish prosecutors have charged the former chief executive of Danske Bank over his involvement in one of the world’s largest money laundering scandals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
CUs, Bank Trade Groups Clash Over CFPB Regs
May 08, 2019

Credit union (CU) and bank trade groups are locked in another battle, this time arguing about oversight by the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
Debt Collection, Done Digitally?
May 07, 2019

Unlimited texting? Perhaps. Nights and weekends – well, maybe not. 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...

Legal & Regulation
CFPB Proposes Implementation Of Fair Debt Collection Practices Act
May 07, 2019

The Consumer Financial Protection Bureau (CFPB) announced on Tuesday (May 7) that it has introduced a proposal to implement the Fair Debt Collection Practices Act. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Legal & Regulation
EU To Investigate Apple’s Music Service
May 06, 2019

Apple has landed in European Union regulators’ radar over a complaint by rival music streaming service Spotify, which has prompted a formal inquiry by the EU, according to the Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal & Regulation
FinTech Charter Hits Speed Bump
May 06, 2019

The suit can proceed. 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, you agree to receive marketing...

Bank Regulation
Wells Ups Estimates Of Legal Losses To $3.1B
May 05, 2019

Wells Fargo, the embattled national bank, is reportedly upping the money it may lose from legal actions, reported The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
RBI Fines Yes Bank For Money Transfer Violations
May 03, 2019

The Reserve Bank of India (RBI) has fined Yes Bank Rs 11.25 lakh under the Payment and Settlement Systems Act of 2007, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...