Legal & Regulation

CFPB
Mulvaney Ousts 25-Member CFPB Advisory Board
June 07, 2018

Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, has ousted the 25 members of the agency’s Consumer Advisory Board. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Legal & Regulation
Bill To Increase SBA SMB Lending Authority Passes In Senate
June 07, 2018

The U.S. Senate has unanimously passed a bipartisan bill that will increase the Small Business Administration’s authority over the Small Business 7(a) loan program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
The Next Round Of Lobbying Battles Over Swipe Fees Is Starting
June 07, 2018

The next round of fights over credit card fees looks like it is gearing up to begin in Washington as Walmart and other retailers are joining forces with credit card processors in an attempt to push lawmakers and regulators to give them a seat at...

Legal & Regulation
Washington AG Sues Google, Facebook Over Political Ads
June 06, 2018

The Washington Attorney General is suing Facebook and Google over political ads that ran in the state. 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...

Legal & Regulation
State Street Corp. Ex-EVP Accused Of Wire Fraud
June 05, 2018

A former executive at State Street Corp. is set to stand trial for allegedly defrauding the bank’s clients by charging them secret commissions on billions of dollars in trades. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Bank Regulation
A Whole New Regulatory World For Community Banking
June 05, 2018

From the beginning, Dodd-Frank has drawn the criticism that instead of doing what it was supposed to and targeting banks that were too big to fail, instead it targeted thousands of community banks and credit unions and rendered them, in effect, too small to survive. It...

Legal & Regulation
Will Dynamic Pricing Change How Automotive Parts are Sold?
June 04, 2018

Dynamic pricing has produced more than $1 billion in revenue for automakers over the last decade, according to a report from Reuters this week (June 3). The account of that earnings boost not only reveals how the process works, but raises questions about how the...

Legal & Regulation
 FinTech Reg Sandbox Takes Shape Via CFPB
June 04, 2018

The sandbox is getting a bit bigger — the regulatory kind, that is. 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....

Legal & Regulation
SEC Investigates Former Heartland CEO For Possible Insider Trading
June 04, 2018

Federal investigators are looking into stock trades linked to the former CEO of the FinTech firm Heartland Payment Systems. 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...