Regulation

Regulation
Neobanks May Face Squeeze in Europe If X-Border Fee Caps Materialize
December 13, 2023

Beyond the card networks, among those that may feel the squeeze should cross-border interchange fees see new caps in the United Kingdom are neobanks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
British Payment Regulator Calls for Cross-Border Card Fee Cap
December 13, 2023

Visa and Mastercard are under pressure to cap cross-border merchant fees in the U.K. 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...

Regulation
NYDFS Superintendent Harris Hails Court Approval of Check Cashing Regulation
December 07, 2023

New York Department of Financial Services (NYDFS) Superintendent Adrienne A. Harris has hailed a Thursday (Dec. 7) court decision that upholds the state’s new check cashing regulation announced in January. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
UK Could Regulate Tech Giants Under Financial Umbrella
December 07, 2023

Could tech giants like Google and Amazon fall under the purview of British financial regulators? 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
SEC Chair Gensler Cautions Companies Against Inflating Their AI Claims
December 06, 2023

One of America’s top financial watchdogs is warning companies not to make false artificial intelligence claims. 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...

Regulation
Rep. Patrick McHenry Says CFPB Vilifies Financial Services Industry
November 29, 2023

House Financial Services Committee (HFSC) Chairman Patrick McHenry of North Carolina said Wednesday (Nov. 29) the Consumer Financial Protection Bureau (CFPB) is serving as a political actor rather than an independent financial regulator. Get the Full Story Complete the form to unlock this article and...

Regulation
FTC Issues $3 Million in Refunds for Leads Sold by HomeAdvisor
November 28, 2023

HomeAdvisor, a company affiliated with Angi (formerly known as Angie’s List), came under scrutiny by the Federal Trade Commission (FTC) for alleged deceptive marketing tactics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
FTC Seeks Ideas to Prevent Misuse of AI-Enabled Voice Cloning
November 16, 2023

The Federal Trade Commission (FTC) has taken a proactive stance in protecting consumers from the potential dangers of artificial intelligence-enabled voice cloning technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
Fed and CFPB Raise Dollar Thresholds for Lending, Leasing Rules
November 13, 2023

The Federal Reserve Board and the Consumer Financial Protection Bureau (CFPB) have raised the dollar thresholds for applicability of Truth in Lending and Consumer Leasing rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...