Legal & Regulation

ANTITRUST
DOJ Proposal in Antitrust Case Aims to Undo Google-Anthropic Partnership
November 21, 2024

The Justice Department’s proposal to resolve its antitrust case over online search against Google reportedly would force the tech giant to unwind its partnership with artificial intelligence (AI) company Anthropic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
Final CFPB Rule Expands Oversight of Big Tech’s Payments Ambitions 
November 21, 2024

The payment ambitions of the largest, marquee names in technology now will come under greater scrutiny at the federal level. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

ANTITRUST
Report: DOJ Will Ask Judge to Force Google to Sell Core Products
November 20, 2024

The U.S. Department of Justice reportedly plans to ask a judge to order Google to divest one or more core products as a way to reduce the company’s dominance in the search market. Get the Full Story Complete the form to unlock this article and...

Bank Regulation
Regulators Tell House Committee They’ll Pause New Banking Rules
November 20, 2024

There’ll be a moratorium on new banking rules — at least for a bit. 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...

Bank Regulation
McHenry: Banking Regulators Stuck ‘Fighting the Last War’
November 20, 2024

By this time next year, America’s banking regulators will likely have new leadership. 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....

Legal & Regulation
FTC Begins Sending Consumers Refunds in ‘Made in USA’ Case
November 20, 2024

The Federal Trade Commission (FTC) is sending over $140,000 in refunds to consumers after taking action against companies that it alleged made false claims that their products were “Made in USA” or “Hand Crafted in USA.” Get the Full Story Complete the form to unlock...

Legal & Regulation
OCC’s Hsu Supports Chartering Regime for Nonbanks
November 20, 2024

Acting Comptroller of the Currency Michael J. Hsu said he supports “federal payments regulation and a chartering regime for nonbanks.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Bank Regulation
Revolut CEO: Growing Without Banking License Was ‘Wrong Decision’
November 20, 2024

Is U.K. FinTech startup Revolut pursuing a banking license in the U.S? 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...

CFPB
CFPB: Student Loan Servicers’ Autopay Errors ‘Completely Unacceptable’
November 19, 2024

The Consumer Financial Protection Bureau (CFPB) is seeing cases in which student loan servicers are withdrawing incorrect amounts from borrowers’ bank accounts and making other errors involving payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...