Legal & Regulation

Legal & Regulation
OCC FinTech Efforts in Legal Crosshairs, While GDPR Still Lags
September 17, 2018

The battle over FinTechs and national banking charters is about to get a bit more heated. 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...

Legal & Regulation
FTC Chairman Eyes Tougher Tech Enforcement
September 14, 2018

The chairman of the Federal Trade Commission (FTC) said he might consider getting tougher on antitrust enforcement, which would have an impact on high-profile big tech companies such as Google and Facebook. Get the Full Story Complete the form to unlock this article and enjoy...

CFPB
CFPB Sues Cos Making Loans Against Future Pension Payments
September 14, 2018

The Consumer Financial Protection Bureau (CFPB) announced that it has filed a complaint against multiple parties, accusing them of making loans against future pension payments. The defendants include Future Income Payments, FIP, BuySellAnnuity, Cash Flow Investment Partners and approximately two dozen others. Get the Full...

Legal & Regulation
Internet Association Says Companies Support National Data Privacy Rules
September 12, 2018

The Internet Association, a group that represents Facebook, Amazon and Alphabet’s Google, among other technology and internet companies, said on Tuesday (Sept. 11) that it supports data privacy rules in the U.S. that are more modern, but urged lawmakers to approach the issue nationally. Get the...

Legal & Regulation
Wells’ Plan To Compensate Auto Insurance Holders Rejected
September 12, 2018

Wells Fargo has seen U.S. regulators turn down its plan to pay back customers who purchased auto insurance they didn’t need. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Legal & Regulation
Judge Says US Securities Law Applies To Crypto Fraud Cases
September 12, 2018

A federal judge has ruled that prosecutors can move forward with a case against a man accused of defrauding investors in two cryptocurrencies. According to Reuters, U.S. District Judge Raymond Dearie in New York ruled that Brooklyn resident Maksim Zaslavskiy can be prosecuted for violating...

Legal & Regulation
Sports Betting Moves Forward In The U.S. — With or Without ‘Integrity Fees’
September 11, 2018

The U.S. sports betting wave could become one of the hottest payments and commerce trends of 2018, with lawmakers and gamblers bringing the activity to more states, and league officials pushing for their cut. Kentucky is one of the latest jurisdictions that could welcome the...

Legal & Regulation
Facebook, Google, Publishers Go Head-To-Head Over ‘Digital Use’ Payments
September 11, 2018

The European Parliament is set to vote this week on copyright legislation that would make media internet platforms pay for the content that appears on their sites. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
FanDuel, DraftKings Launch Online Gambling Products
September 10, 2018

Bet on it: More gambling is coming to consumers’ mobile devices, including via companies that provide fantasy sports betting, thanks to a U.S. Supreme Court decision from earlier this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...