Legal & Regulation

Legal & Regulation
CFPB Head Faces Privacy Questions From Senate
March 13, 2019

The Consumer Financial Protection Bureau’s privacy practices came under scrutiny Tuesday (March 12) during a U.S. Senate hearing, further proof that issues related to online security and privacy are increasingly a topic that has the attention of lawmakers and regulators, and not just in the...

Legal & Regulation
US Treasury: Taxes On Digital Companies Are Discriminatory
March 12, 2019

A U.S. Treasury official said a French tax plan targeting American digital companies is discriminatory against American businesses. 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...

Legal & Regulation
Pan European Regulator: Key Weapon In Money Laundering War?
March 12, 2019

Among the latest headlines swirling in FinTech: Digital bank Revolut, based in the United Kingdom, has taken on an adviser, along with filling new positions, to bolster compliance teams at the firm. As had been reported in the Financial Times and elsewhere, the firm had...

Bank Regulation
Mr. Sloan Goes To Washington
March 12, 2019

Call it a movie that features a less than-thrilled-to-have-top-billing star. 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
Instagram Founders Denounce Warren’s Big Tech Breakup
March 12, 2019

Instagram Co-founders Kevin Systrom and Mike Krieger responded to Senator Elizabeth Warren’s plan to break up large tech companies, such as Facebook and Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
EU Antitrust Chief Says To Regulate Data, Not Break Up Tech
March 11, 2019

European Union Competition Commissioner Margrethe Vestager said that breaking up big tech companies like Facebook and Google should be seen as a last resort, and that the better idea might be to find a way to regulate data usage. Get the Full Story Complete the...

Legal & Regulation
Deep Dive: GDPR And What A US Equivalent Would Look Like
March 11, 2019

GDPR was signed into law in 2016, and since then it has been a point of debate for regulators, businesses, banks and industry professionals in the European Union and around the globe. Data privacy, online advertisements and digital payments are causing some countries to consider...

AML
European Commission To Create New AML Blacklist
March 10, 2019

The European Commission vowed to compile a new list of countries that present a money laundering risk by summer as it steps up its fight against financial crimes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
Dutch Watchdog: Website Cookie Walls Violate GDPR
March 08, 2019

The Dutch data protection agency (DPA) said when a website forces a user to agree to a cookie policy, or a “wall,” in exchange for access, that request is not compliant with the data protection law in Europe. Get the Full Story Complete the form...