Regulation

Regulation
India’s CCI Looks Into Google’s Android Dominance
May 10, 2019

The Competition Commission of India (CCI) has reportedly ordered an investigation into Alphabet Inc.’s Google unit to look into alleged abuse of its Android mobile operating system’s dominance in order to block competitors. The watchdog reportedly found merit in the accusations in April and launched...

Regulation
New Debit Rules And The Promise Of Seamless Payments
May 10, 2019

Among the highest ideals for digital payments – driving innovation in transactions and customer experience – is, of course, the concept of seamlessness. That implies an ease of use while giving up nothing when it comes to security. Getting there is a long road with...

Regulation
Bernie Sanders And Alexandria Ocasio-Cortez Look To Cap Card Interest Rates
May 09, 2019

Democratic presidential candidate Sen. Bernie Sanders and New York Rep. Alexandria Ocasio-Cortez moved today to introduce legislation that would cap rates on credit cards and other consumer financial services at 15 percent. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
Facebook Responds To Co-founder’s Call For Breakup
May 09, 2019

Facebook has responded to Co-founder Chris Hughes’ New York Times op-ed piece written on Thursday (May 9) calling for the Federal Trade Commission (FTC) to break it up, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...

Regulation
EU Antitrust Regulators Fine Banks For FX Manipulation
May 09, 2019

European Union antitrust regulators are going to fine seven banks for manipulating the foreign exchange market, according to reports. 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...

Regulation
Hong Kong Issues More Online Banking Licenses
May 09, 2019

The banking regulator in Hong Kong has issued an additional four online-only banking licenses to Ping An, Alibaba, mobile phone maker Xiaomi and a joint venture (JV) consisting of Tencent, ICBC and Hillhouse Capital. Get the Full Story Complete the form to unlock this article...

Regulation
CUs, Bank Trade Groups Clash Over CFPB Regs
May 08, 2019

Credit union (CU) and bank trade groups are locked in another battle, this time arguing about oversight by 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 —...

Regulation
Debt Collection, Done Digitally?
May 07, 2019

Unlimited texting? Perhaps. Nights and weekends – well, maybe not. 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 completing this...

Regulation
CFPB Proposes Implementation Of Fair Debt Collection Practices Act
May 07, 2019

The Consumer Financial Protection Bureau (CFPB) announced on Tuesday (May 7) that it has introduced a proposal to implement the Fair Debt Collection Practices Act. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...