The CFPB opens the door to class action suits, and possibly trial lawyer riches, while across the pond, some warnings on regulatory compliance rumble, and Barclays begins ring-fencing efforts.
Uber was dealt a bit of a blow Thursday (July 13) when its drivers won a victory in its fight to be counted as employees rather than independent contractors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The latest annual report by the Payments System Regulator, which oversees the British payments industry, debuted Thursday – and gives a nod to the competitiveness of the industry as a whole and the ways in which FinTech is changing the very nature of competition. Get...
Republican lawmakers have stated their intention to use the Congressional Review Act to overturn the arbitration rule issued by the Consumer Finance Protection Bureau on Monday. Said rule change would allow consumers to band together to form class action suits by making it illegal for...
Speak softly and carry a big rule. The CFPB yesterday proclaimed that arbitration is dead and long live class action law suits and the trial bar. And a rule that will cost all consumers big. Details.
An Obama-era program aimed at making it easier for foreign entrepreneurs to launch U.S.-based startups seems to be on the chopping block as the Trump administration looks to limit foreign immigration. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In a move that partially remakes the Federal Reserve — or at least its purview over regulations that affect the financial industry — President Donald Trump has nominated Randal Quarles to be the head of regulation governing big banks. Get the Full Story Complete the form to...
Larry Page, the chief executive of Alphabet and co-founder of Google, has to answer questions by ridesharing app company Uber in its lawsuit over self-driving car trade secrets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Be careful of the company you keep — and the technologies you use. 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...
