Legal & Regulation

Legal & Regulation
Tech Titans Meet With President Donald Trump
June 20, 2017

The leaders of 18 U.S. technology firms — including the likes of Apple, Amazon and Google — met with president Donald Trump yesterday to discuss how the government’s computing systems can be made more efficient. Get the Full Story Complete the form to unlock this...

CFPB
Second Thoughts: CFPB And Prepaid Card Rules
June 20, 2017

Despite industry concerns — and a potential congressional challenge — the new CFPB prepaid card regulations looked full steam ahead to go into effect on schedule next year. But as of last week, it looked like the consumer group was having some second thoughts. Now...

Bank Regulation
Treasury Pushback On Financial Regulation?
June 19, 2017

Dodd-Frank era reforms may get further pushback in the wake of a new Treasury report, even as the CFPB, in that report’s cross-hairs, keeps on chuggin’ when it comes to prepaid card regulation. Technology may be elementary to tracking regulations, Watson.

Legal & Regulation
Uber Under Investigaton By FTC
June 16, 2017

It never rains but it pours. Such is life over at ridesharing firm Uber these days, which can now add to the list of its recent woes news of an FTC investigation for alleged privacy violations by the recently under siege carsharing company. Get the Full...

CFPB
Data Should be Held Back from Consumers, Says Treasury Report
June 15, 2017

As the Consumer Finance Protection Bureau (CFPB) remains in the crosshairs of the Trump administration and members of Congress, data privacy has been top of mind — namely, who should have access to that data. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
Turkey Is Most Difficult Market for Regulatory Compliance
June 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders. Not only do regulations vary from jurisdiction...

Legal & Regulation
Elizabeth Warren Backs Regulatory Relief For Small Banks
June 14, 2017

Senate Democrats would be willing to see some changes made to Dodd-Frank in order to give small banks and credit unions some relief from the banking regulation’s tougher rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
Trump Treasury Department Wants To Depower CFPB
June 13, 2017

In a report released late yesterday (June 12), the Treasury Department officially recommended that the Consumer Financial Protection Bureau should be substantially stripped of its powers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CFPB
For CFPB, About Face On Debt Collection?
June 12, 2017

The Consumer Financial Protection Bureau (CFPB) has reversed course about debt collection, and, as The American Banker noted, “in a big win for third-party debt collectors,” has said that banks, among other first-party creditors, must be responsible for accuracy of their consumer debt data. Get...