Legal & Regulation

CFPB
Consumer Groups Call Auto Lending Repeal ‘Dangerous Precedent’
April 17, 2018

Consumer groups are speaking out against a Senate measure that would overturn the Consumer Financial Protection Bureau’s auto lending regulation. 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
Wells Fargo Settles With Ecuadorian Bank Over 2015 Cyber Heist Case
April 17, 2018

Ecuador’s Banco del Austro and Wells Fargo have reached an out-of-court settlement over a 2015 cyber heist, and that suit could have an impact on a planned suit by Bangladesh’s central bank. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
PayPal Isn’t Worried About Increased Regulation Coming To Techland
April 16, 2018

The prospect of increased regulation may be worrying the likes of Facebook, Google and Twitter – but for PayPal, it would be nothing new. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Bank Regulation
Wells Fargo’s Earnings May Change With Potential $1B Penalty
April 13, 2018

As regulators seek to impose a $1 billion penalty on Wells Fargo over mortgage fees and car insurance, the bank said on Friday (April 13) that its first-quarter earnings are subject to change, The Financial Times reported. Get the Full Story Complete the form to unlock this...

Legal & Regulation
JPMorgan Hit With Lawsuit Over Crypto Transaction Fees
April 12, 2018

JPMorgan Chase is being sued in Manhattan federal court for allegedly charging surprise fees when it stopped allowing its customers to buy cryptocurrency with credit cards. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
Dodd-Frank, And Deregulation, Is In The House (Maybe)
April 11, 2018

In regulatory land, spring has sprung, to borrow a seasonal phrase. Tax season lurches to its end, and thoughts turn to who spends what and where and how. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
Alibaba CEO Warns Trade War Will Harm Everyone
April 11, 2018

Alibaba’s Chief Executive Jack Ma warned in an op-ed in The Wall Street Journal on Wednesday (April 11) that a trade war between the U.S. and China would harm all parties involved. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

CFPB
Mulvaney Pitches New CFPB Governance To Congress
April 11, 2018

In his first semiannual report to Congress, Mick Mulvaney said he is taking a narrow approach to running the Consumer Financial Protection Bureau (CFPB). Mulvaney, who is temporarily running the agency, is also the White House budget chief, Bloomberg reported. Get the Full Story Complete...

CFPB
Senate Banking Committee To Repeal CFPB’s Auto Lending Rules
April 11, 2018

The U.S. Senate Banking Committee is planning to repeal the Consumer Financial Protection Bureau’s (CFPB) indirect auto lending and leveraged lending rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...