Legal & Regulation

Legal & Regulation
Sainsbury Wins $91M In Mastercard Fee Dispute
July 15, 2016

Sainsbury was awarded $91 million by a London judge following a long-running dispute over fees charged on card transactions with Mastercard Inc. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

CFPB
CFPB Celebrates Five-Year Anniversary
July 15, 2016

The Consumer Financial Protection Bureau said on Thursday (July 14) that it had marked its fifth anniversary by outlining five ways it has made a difference in financial oversight on behalf of consumers. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
Santander Gets Hit With Fine Due To Overdraft Practices
July 15, 2016

Santander Bank has gotten hit with a $10 million fine by the Consumer Financial Protection Bureau, which contended on Thursday (July 14) that the bank engaged in illegal overdraft service practices. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal & Regulation
Three Senators Call On FTC To Investigate Airbnb Services
July 15, 2016

Airbnb is facing calls from three Democratic senators for the Federal Trade Commission to investigate the impact companies like it are having on the real estate market. At the center of their concerns are worries that the short-term rental market is making housing more costly...

Legal & Regulation
Google Gets Two EU Directives Over Online Ad Practices
July 14, 2016

Google is coming under fire by the European Union, which contends the Internet giant is abusing its power in the digital advertising space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
The CFPB’s New Prepaid Card Rule Is Making The Rounds
July 12, 2016

In a scene that is increasingly rare when the CFPB starts talking about new rules and regulations, all major parties involved in the conversation seem to be in basic agreement on them. Consumer and industry officials seem to have concluded that the CFPB’s new rules...

CFPB
Why The CFPB Gets CBA’s Stamp Of Approval
July 11, 2016

The Consumer Bankers Association (CBA) is throwing its support behind the Consumer Financial Protection Bureau (CFPB). 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,...

Legal & Regulation
IRS Going After Facebook’s Offshore Tax Tactics
July 11, 2016

Social networking giant Facebook has seen federal tax officials seek a court order to access internal corporate records that have to do with the company’s offshore tax strategies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
BoE Backs Banks’ Push To Ease Capital Regulation
July 08, 2016

Banks around the world are crying foul over the new leverage ratio rule that is being finalized by the Basel Committee. And Bank of England just joined their corner, stating that the final regulation should be amended. What’s more, the Bank of England said the...