Legal & Regulation

Legal & Regulation
Online Tax Bill Draws Retailer Support
September 05, 2016

After some years of fighting any and all attempts on taxation, digital merchants seem to have made their peace with paying taxes and are starting to fall into line around the Online Sales Simplification Act of 2016. Get the Full Story Complete the form to unlock...

CFPB
CFPB Says Bank Account Service Issues Top Consumer Gripes
August 31, 2016

The latest monthly complaint report from the Consumer Financial Protection Bureau, released on Aug. 30, shows that the top-of-mind complaints centered on banking, ranging from accounts to services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
FAA Drone Rules Take Effect
August 30, 2016

Although commercial drone delivery still isn’t here yet, it could be getting closer. 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....

Legal & Regulation
How Did Tens Of Millions In ‘Consumer Relief’ Paid By Banks End Up In The...
August 29, 2016

The Residential Mortgage-Backed Securities Working Group (RMBS) is not exactly a household name, though the coalition of federal and state regulators and prosecutors created in 2012 to “identify, investigate, and prosecute instances of wrongdoing” in the residential mortgage-backed securities market is extremely powerful, if in a...

Legal & Regulation
Wells Fargo, AMD, Fifth Third May Have Run Afoul Of Whistleblower Laws
August 26, 2016

Wells Fargo, Advanced Micro Devices (AMD) and Fifth Third Bank have reportedly struck settlement agreements with former employees that may have run afoul of U.S. whistleblower protection laws. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CFPB
CFPB Fines FNBO $32M Over ‘Illegal’ Credit Card Practices
August 26, 2016

The CFPB will collect more than $32 million in fines from First National Bank of Omaha over credit card practices the regulator found to be deceptive. The consumer protection agency found that the bank worked to push consumers into add-on services — services for which...

CFPB
CFPB’s $100M Gift To The Plaintiff’s Bar (If Arbitration Goes Bye-Bye)
August 24, 2016

The Consumer Financial Protection Bureau has quantified the impact of getting rid of the class-action waivers in consumer financial contracts, which prevent customers from filing class-action lawsuits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CFPB
CFPB Charges Wells Fargo Over Student Loan Servicing Practices
August 23, 2016

Wells Fargo may have recently announced a partnership with Amazon to give student loan borrowers a break, but when it comes to servicing its existing loans, the bank is falling short — big time. Get the Full Story Complete the form to unlock this article...

CFPB
CFPB Adds New Outside Consumer Experts To The Advisory
August 22, 2016

The Consumer Financial Protection Bureau (CFPB) announced on Friday (Aug. 19) the addition of new consumer experts from outside the federal government to the Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council and Academic Research Council — the four bodies that provide...