Regulation

Regulation
Uber Fined $324 Million for EU Data Protection Breach
August 26, 2024

Uber was fined a record 290 million euros (about $324 million) for failing to protect European driver data. 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
FTC Junk Fee Crackdown Leaves Restaurants Feeling Queasy
August 25, 2024

The Biden administration’s anti-junk-fee campaign is targeting the restaurant sector. 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
FCA Chair Allegedly Revealed Whistleblower’s Identity
August 25, 2024

The head of England’s financial watchdog has reportedly been accused of violating a whistleblower’s confidentiality. 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
Thredd SVP Says FinTechs Need a Gut Check as They Safeguard Money Movement  
August 20, 2024

As the regulatory gaze sharpens on FinTechs, the companies themselves are mindful that they need new tools and a new approach to operations, in order to stay on the right side of the regulators. Get the Full Story Complete the form to unlock this article...

Regulation
PSR Explores Expanding Variable Recurring Payments in UK
August 15, 2024

Great Britain’s payments regulator has taken another step in its variable recurring payments (VRP) project. 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
CFIUS Fines T-Mobile $60 Million, Alleging Failure to Protect Data
August 15, 2024

Telecommunications company T-Mobile was fined $60 million by a U.S. regulator that said the company failed to prevent and report unauthorized access to sensitive data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
EU Banks Have ‘Serious Concerns’ About UK Transaction Fee Cap
August 14, 2024

European banks reportedly have issues with the U.K.’s plan to cap international digital transaction fees. 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
CFTC: Cost Management Solutions Must Pay $100,000 for Failing to Register as Introducing Broker
August 12, 2024

The Commodity Futures Trading Commission (CFTC) said Monday (Aug. 12) that it required Cost Management Solutions (CMS) to pay a $100,000 civil monetary penalty after finding that the company failed to register as an introducing broker (IB). Get the Full Story Complete the form to...

Regulation
CFPB to Crack Down on ‘Predatory’ Lending in Solar Industry
August 07, 2024

The Consumer Financial Protection Bureau (CFPB) released an issue spotlight and a consumer advisory about “predatory” lending related to solar panel installations and said it will work with other government agencies to crack down on these abuses. Get the Full Story Complete the form to...