Legal & Regulation

Legal & Regulation
EU Watchdog To Decide On Data Availability
December 26, 2018

The European Data Protection Board will soon decide if financial regulators around the world can freely engage in the exchange of cross-border information. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
Uber Seeks Driver Lawsuit Settlement Before IPO
December 26, 2018

Uber, gearing up to launch an initial public offering (IPO) in the first quarter of 2019, is offering to settle with drivers who have been fighting the ride-hailing company via individual arbitration. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
Lawmakers Shun State Cannabis Banking Reform
December 26, 2018

Senate Majority Leader Mitch McConnell (R-Ky.) has rejected the STATES Act, legislation that would allow states to regulate their own cannabis industries without federal intervention. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Bank Regulation
Malaysia Demands $7.5B From Goldman
December 26, 2018

Goldman Sachs could be on the hook for $7.5 billion in reparations from the Malaysia government pertaining to its link to the 1MDB scandal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
SEC Fines Wealthfront, Hedgeable For Misleading Consumer Claims
December 26, 2018

The Securities and Exchange Commission announced late last week that it settled with Wealthfront Advisors and Hedgeable, two FinTech robo-advisors, for misleading investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
Getting Merchants Ready For PSD2
December 23, 2018

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 communications from PYMNTS and...

Bank Regulation
Lawmakers Raise FinTech Concerns Post Robinhood Debacle
December 21, 2018

A bipartisan group of U.S. senators has expressed concerns that FinTech startup Robinhood is not being transparent about its cash management service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
Growing Ratings Data Overwhelms Regulators
December 19, 2018

The U.S. securities regulator is having trouble with rating agencies because it doesn’t have the tools or specific knowledge it needs to analyze huge amounts of rating data, according to a report from Reuters. Get the Full Story Complete the form to unlock this article...

Bank Regulation
Danske Fraud Case Leads To Eight Arrests In Estonia
December 19, 2018

Eight people in Estonia have been arrested in connection to Danske Bank’s money laundering scandal. 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,...