Regulation

Regulation
Senator Warren To Wells CEO: Resign
September 21, 2016

There was no reason to believe that John Stumpf’s appearance on Capitol Hill yesterday (Sept. 20) would be anything but grueling. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
CFO Lending Told To Pay Back More Than 97,000 Customers Due To Unfair Practices
September 20, 2016

CFO Lending, a U.K. payday lender, was told by the U.K.’s markets regulator that it has to return to customers $44.4 million because of practices that were deemed to be unfair. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
Ambiguous Accounting Rules Hinder Exxon Investigation
September 19, 2016

The probe into Exxon’s accounting practices may be facing an uphill battle. 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
Online Lenders to See More Regulation … And Soon
September 19, 2016

In a move that may add insult to injury, the online lending sector may have to gird for more regulation amid the stings of rather souring headlines that have come out of the sector for months. Get the Full Story Complete the form to unlock...

Regulation
Prepaid Card Regulations Looming
September 19, 2016

Prepaid cards are popular, for sure. They’re used for shopping or just to draw out funds from an ATM machine, and they’re hooked up to payment card networks. Increasingly they are becoming financial management tools that could rival having a basic checking account. Get the Full Story...

FDA Cracking Down On Online Sales Of E-Cigarettes
September 16, 2016

The U.S. Food and Drug Administration has begun cracking down on the online sale of e-cigarettes to minors, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
USDA Pushes To Include Food Stamps In Online Commerce
September 16, 2016

The USDA is attempting to recruit retail volunteers to join up for a two-year, nationwide pilot program that would allow low-income consumers to use SNAP benefits (historically known as “food stamps”) to purchase groceries online. Get the Full Story Complete the form to unlock this...

Regulation
Senators Question Wells CEO About Getting Some Manager Compensation Back
September 16, 2016

Arguing that committing a massive fraud that creates millions of phony consumer accounts should not be the sort of thing that banking executives should be allowed to get rich doing, lawmakers are beginning to ask Wells Fargo CEO John Stumpf some tough questions about just what...

Japan Government Says Apple, Google On Its List
September 15, 2016

Japan’s government is pointing the finger at Apple and Google, alleging that the two tech giants are violating the country’s anti-monopoly law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...