Regulation

Regulation
FTC Begins Sending Refunds to Car Buyers in Vroom Settlement
March 13, 2025

The Federal Trade Commission (FTC) has begun sending more than $934,000 in refunds to consumers after reaching a settlement with online used car dealer Vroom in July. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
Chair of UK’s Payment Systems Regulator Calls Abolition ‘Pragmatic Next Step’
March 12, 2025

The head of the United Kingdom’s Payment Systems Regulator (PSR) reportedly said Wednesday (March 12) that he had been aware since January that the regulator could be abolished, as Prime Minister Keir Starmer said Tuesday (March 11) that it will be. Get the Full Story Complete the form...

Regulation
FTC Begins Sending Refunds to Consumers in Career Step Settlement
March 12, 2025

The Federal Trade Commission (FTC) said Wednesday (March 12) that it is sending more than $15.5 million in refunds to consumers after reaching a settlement with online career-training company Career Step in July. Get the Full Story Complete the form to unlock this article and...

Regulation
UK’s Starmer Axes Payment Systems Regulator
March 11, 2025

Turns out the appetite for financial deregulation stretches across the Atlantic. U.K. Prime Minister Keir Starmer on Tuesday (March 11) announced plans to abolish the Payment Systems Regulator (PSR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
Brazil to Consider Requiring FinTechs to Report Transaction Values
March 11, 2025

The head of Brazil’s tax revenue service, Robinson Barreirinhas, said Tuesday (March 11) that evidence of money laundering may require the country to once again consider requiring FinTechs to report transaction values. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
Blackstone Gains SEC Approval for New Private Credit Solution
March 10, 2025

Blackstone Credit and Insurance said it gained approval from the Securities and Exchange Commission for its private credit solution that will invest across private corporate credit, asset-based and real estate credit, structured credit and liquid credit. Get the Full Story Complete the form to unlock...

Regulation
What FinTech Regulation and the Trucking Industry Have in Common
March 10, 2025

The deregulation of financial services — and particularly of FinTechs — may be viewed by some as a reaction to overregulation, where innovation has been stifled.  Strides are being made in the current administration to chip away at a flurry of regulations and mandates from...

Regulation
Reports: Congress to Vote on DOGE’s Suggested Spending Cuts
March 05, 2025

Congress will reportedly get more say in the federal spending cuts and layoffs being made by the Elon Musk-led Department of Government Efficiency (DOGE). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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...