Legal & Regulation

CFPB
NCUA Head McWatters In Running For CFPB Head Appointment
December 29, 2017

National Credit Union Administration (NCUA) chairman J. Mark McWatters is in the running to be named the next leader of the Consumer Financial Protection Bureau (CFPB), according to Thursday (Dec. 28) reports from American Banker. Get the Full Story Complete the form to unlock this...

CFPB
CFPB Releases Its Consumer Credit Report Card
December 28, 2017

December 2017 is something of an anniversary for Americans – though one they probably don’t like to celebrate. 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...

Legal & Regulation
Chinese Investors Find A Way To Trade Bitcoin
December 22, 2017

The Chinese government may have clamped down on bitcoin trading, but that hasn’t stopped the cryptocurrency market from booming in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

CFPB
The CFPB Will Delay Implementation Of New Prepaid Card Rule
December 22, 2017

The CFPB has released its updated regulatory agenda for 2018 — and it looks like the prepaid card final rule passed earlier this year will not be on it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Bank Regulation
PSD2 And The US, Too
December 22, 2017

More innovation. Less smoke and mirrors. Those are the goals of Europe’s second Payment Services Directive (PSD2), which goes into effect in 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Bank Regulation
ABA Urges CFPB To Scrap Debt Collection Survey (And They Did)
December 20, 2017

The Consumer Financial Protection Bureau (CFPB), under the leadership of Mick Mulvaney, has withdrawn its request to the Office of Management and Budget (OMB) to conduct online surveys of consumers as part of research on debt collection disclosures. This move came after the American Bankers...

Legal & Regulation
EU’s Highest Court Rules Uber A Taxi Service
December 20, 2017

Compounding what might be charitably described as an epic run of bad luck, Uber has lost a major battle in the European Union’s highest court, which has ruled that the ride-sharing service is, for all intents and purposes, a taxi service that must comply with...

Legal & Regulation
Kaspersky Lab Sues Trump Administration Over Agency Ban
December 19, 2017

Kaspersky Lab, the security company that saw the U.S. Department of Homeland Security ban the use of its products within the confines of federal agencies, announced Monday (Dec. 18) that it will appeal that decision. Get the Full Story Complete the form to unlock this...

Legal & Regulation
Sen. Warren Slams CFPB’s Plan To Revisit Enforcement Actions
December 19, 2017

The Federal Reserve reported Monday (Dec. 18) that it would repeal Regulation C, a regulation pertaining to home mortgage disclosures, and is proposing to limit the reach of Regulation M, pertaining to consumer leasing. Get the Full Story Complete the form to unlock this article and...