Legal & Regulation

Bank Regulation
Fed Chair Says Financial Reform Hasn’t Hurt Economy
August 28, 2017

Federal Reserve Chair Janet Yellen defended financial reforms that were put in place after the Great Recession, arguing they have strengthened the financial system and haven’t hurt economic growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
New York State Of (Cybersecurity) Mind
August 28, 2017

New cyber-rules are taking effect in New York state, with wide-ranging impact for financial services players near and far.  Brexit gets down to business on data protection, and Down Under, underworld activities are raking in the (digital) dollars.

Bank Regulation
CFPB Could Scale Back Payday Lending Rule To Get It Done
August 28, 2017

The Consumer Financial Protection Bureau is gearing up to scale back its rule on payday lending, giving the industry a  potential break from oversight. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
California Judge Rules Backpage.com Execs Can Be Charged With Money Laundering
August 24, 2017

A judge has ruled that money laundering charges can be brought against the creators of a website that California prosecutors label an online brothel. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
Curtains For Operation Choke Point
August 22, 2017

Operation Choke Point has been choked off. 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. By completing this form, you agree...

Legal & Regulation
Blue Apron Faces Lawsuit Claiming It Misled Investors
August 22, 2017

Things have been looking a bit more difficult for food delivery startup Blue Apron. After months of facing concerns that its competitive future may be limited now that Amazon has officially entered its space, now it has been hit by a lawsuit from a disgruntled...

Legal & Regulation
CLEARR And CHOICE On The Hill, But Not On Payments Regs
August 22, 2017

Capitol Hill offers the ultimate horse race. Following who’s up, down, in the running, out of the race and which bills might pass … Why should it be any different when it comes to payments and financial services? PYMNTS’ Karen Webster sat down with Bill...

Bank Regulation
Push Back On Regulatory Rollback?
August 21, 2017

The regulatory rollback may be rolled back. 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. By completing this form, you agree...

Bank Regulation
Wells Fargo Accused Of Closing Accounts Customers Needed
August 21, 2017

Wells Fargo, the embattled national bank, disclosed in a Securities and Exchange Commission (SEC) filing that the Consumer Financial Protection Bureau (CFPB), a government regulatory agency, is investigating if it closed accounts of customers that needed them. Get the Full Story Complete the form to...