Legal & Regulation

Legal & Regulation
Senator Durbin Wants Wells Fargo To Stop Expanding Program With Colleges
March 07, 2018

Wells Fargo is facing calls from lawmakers to press pause on creating more partnerships with colleges. 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,...

Legal & Regulation
U.S. Bancorp Hoping For Regulation Lift By End Of Year
March 07, 2018

U.S. Bancorp is hopeful that an order issued aimed at getting the bank to strengthen its anti-money laundering efforts will be lifted by the end of 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
ICOs, SEC And Wait And See?
March 05, 2018

The SEC fired a regulatory shot across ICOs’ bows this week, sending out information requests and subpoenas to a slew of firms. The door opens for more oversight, and perhaps a freezing effect on the token sales, even while illuminating a darker corner of the...

CFPB
Mulvaney Hints At CFPB’s Future In Bank Regulation
March 02, 2018

The acting director of the Consumer Financial Protection Bureau (CFPB), Mick Mulvaney, could allow other regulators to be in charge of supervisory matter, in an attempt to prevent duplications within government agencies and to reduce the burden for financial firms when it comes to exams....

CFPB
CFPB Looks To Improve Complaint Reporting
March 02, 2018

The Consumer Financial Protection Bureau (CFPB) is seeking public evidence to ensure that the government watchdog agency is doing everything it can to best protect consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
SEC Taking An Official Long, Hard Look At Crypto
March 01, 2018

The SEC has started issuing subpoenas by the dozen and scores of information requests as it undertakes a full survey of the tech firms that populate the cyrptocurrency field. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
Venmo Settles Privacy Violations
February 28, 2018

The Federal Trade Commission (FTC) announced that it has reached a settlement with PayPal over the handling of privacy disclosures and money withdrawals in its peer-to-peer payments app Venmo. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

CFPB
Mulvaney Tells Warren To Take Complaints To CFPB’s Creator
February 28, 2018

Mick Mulvaney shot back at Elizabeth Warren after the U.S. Senator has repeatedly criticized his policy changes as the acting director of the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
EU Threatens To Tax Big Tech, Big Time
February 27, 2018

The European Commission is looking to tax digital firms’ revenues, eyeing where their users are based – not where the firms themselves base their headquarters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...