Regulation

Regulation
FTC Names General Counsel and Heads of Consumer Protection and Competition Bureaus
February 10, 2025

The Federal Trade Commission has a new general counsel and two new heads of bureaus. 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,...

Regulation
With CFPB Closed, Open Banking Awaits Next Steps
February 10, 2025

The Consumer Financial Protection Bureau is shuttered — at least for now. 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. By...

Regulation
Treasury Payments Systems at Risk? The DOGE Dilemma and What It Means for Banks
February 03, 2025

The events of the Feb. 1 weekend are tough to get your head around. Elon Musk and his team at DOGE were given access to the U.S. Treasury payments system,  perhaps the world’s most sensitive and potentially impactful. That’s about $5 trillion worth of flows...

Regulation
Shein’s Marketplace Reportedly Facing EU Investigation
February 03, 2025

Shein is reportedly facing a probe in Europe over its compliance with consumer laws. 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....

Regulation
FTC Sends Refunds in Case Alleging Concealment of Negative Reviews
January 28, 2025

The Federal Trade Commission (FTC) is sending nearly $2.4 million to customers of fast-fashion retailer Fashion Nova, which the agency alleged prevented negative reviews from being posted on the company’s website. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
Ex-FTC Chair: Private Equity Is Hurting US Health System
January 26, 2025

The former head of the Federal Trade Commission (FTC) said private equity firms warrant closer White House attention. 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...

Regulation
UK’s FCA Proposes Removing Contactless Limit to Allow ‘Greater Flexibility’
January 22, 2025

The U.K.’s Financial Conduct Authority may remove the 100-pound (about $123) contactless limit and “set new digital service standards” as part of its efforts to support the government’s growth mission. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
FTC Begins Sending Refunds to Victims of Debt Relief Scheme
January 21, 2025

The Federal Trade Commission (FTC) has begun sending more than $5 million in refunds to consumers who were harmed by a deceptive credit card debt relief scheme. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
American Honda Finance to Settle CFPB Allegations of ‘Sloppy’ Credit Reporting
January 17, 2025

American Honda Finance Corporation (AHFC) reached an agreement with the Consumer Financial Protection Bureau (CFPB) to settle the regulator’s allegations that the company reported inaccurate information that was then added to consumers’ credit reports. Get the Full Story Complete the form to unlock this article and...