Legal & Regulation

CFPB
Report: CFPB Drops Lawsuit Against Zelle Operator and Owner Banks
March 04, 2025

The Consumer Financial Protection Bureau (CFPB) reportedly dropped its lawsuit targeting the operator and three owner banks of Zelle. 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...

Bank Regulation
FDIC Wants to Lessen Scrutiny Into Banking Mega-Mergers
March 04, 2025

The FDIC wants to roll back a policy that had increased oversight into large bank mergers. 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...

CFPB
Report: CFPB Wants Time to Review Lawsuit Against Comerica Bank
March 03, 2025

The Consumer Financial Protection Bureau (CFPB) asked a federal judge Monday (March 3) to pause the enforcement action that the agency filed against Comerica Bank in December. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Bank Regulation
Interest Rate Caps Threaten Credit Access and FinTech Partnerships
March 03, 2025

There have been pockets of momentum to curb interest rates charged for balances credit cards and for loans extended by FinTechs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Legal & Regulation
Report: SEC Offering Eligible Employees $50,000 to Resign or Retire
March 03, 2025

The Securities and Exchange Commission (SEC) is reportedly participating in the Trump administration’s effort to reduce the size of the federal government by offering eligible Commission employees a $50,000 incentive to resign or retire. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
CFPB, Crypto and Consumer Confidence: Inside DC’s Unpredictable Regulatory Storm
March 03, 2025

If you’re tracking the mania in Washington, D.C., from a financial services perspective these days, you might notice that it’s starting to resemble a weather forecast. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
Treasury Department to Limit Enforcement of Corporate Transparency Act
March 03, 2025

The Treasury Department said Sunday (March 2) that it will not enforce the Corporate Transparency Act’s penalties and fines associated with the beneficial ownership information reporting rule. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Bank Regulation
Section 1033 May Fall Short of its Data Security and Open Banking Goals
March 03, 2025

There’s a rule of thumb in law that states that hard cases make bad law. The sentiment can be reworked a bit to extend to regulations, where bad policy translates into bad rule-making. Get the Full Story Complete the form to unlock this article and...

CFPB
CFPB Upheaval Leaves Hundreds of Millions in Settlements Unclaimed
March 03, 2025

With the CFPB’s future in limbo, so too are hundreds of millions in consumer settlements. 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...