The relationship between the House Financial Services Committee and the Consumer Financial Protection Bureau (CFPB) is about to change. 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...
Estonia, a country embroiled in a money laundering scandal involving a small branch of Denmark’s Danske Bank, has rejected a critical part of proposed anti-money laundering (AML) legislation, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The government shutdown, which is now the longest in modern history, is hurting President Donald Trump’s deregulation plans in the financial services industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Senator Marco Rubio (R-Fla.) has introduced new legislation that would create federal standards of privacy protection for companies like Facebook, Amazon, and Google. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
PwC, the global consulting firm, is warning that a move by India to place new foreign investment restrictions on eCommerce could result in a $46 billion reduction in internet-based purchases. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
After two years of a lack of tough oversight, Wall Street firms should brace themselves for increased scrutiny as progressive U.S. Representative Alexandria Ocasio-Cortez of New York is likely to join the House Financial Services Committee. Get the Full Story Complete the form to unlock this...
William Barr, the nominee for attorney general, said that government regulators might need to take a deeper look at tech “behemoths” like Facebook, Microsoft and Apple, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy...
Vietnam wants to be a cashless society, according to a report in Financial Times, but bank regulations are hindering the country’s ability to do so. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A challenge to the structure of the Consumer Financial Protection Bureau (CFPB) was dismissed by the U.S. Supreme Court on Monday (Jan. 14) when it declined to take up a Texas case. Get the Full Story Complete the form to unlock this article and enjoy unlimited...