Legal & Regulation

Legal & Regulation
GoodRx and CVS Sued for Suppressing Pharmacy Reimbursement
November 05, 2024

Smaller pharmacies are accusing GoodRx and CVS of colluding to suppress generic prescription drug reimbursements. 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...

Legal & Regulation
Rule 1033 Explained: How the CFPB’s Data Sharing Standards Could Reshape Banking
November 05, 2024

The Consumer Financial Protection Bureau’s finalized rule on data sharing has its share of supporters and detractors. 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...

AML
Elizabeth Warren: TD Bank Execs Should Have Been Prosecuted
November 03, 2024

Last month, the Justice Department settled an anti-money laundering probe into TD Bank. 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
Regulators Warn Against Improper Billing of Medicare Recipients
November 01, 2024

Two federal agencies warned healthcare providers, Medicare Advantage plans and debt collectors not to improperly bill Qualified Medicare Beneficiary recipients (QMBs), who generally cannot be billed for cost-sharing by healthcare providers who accept Medicare. Get the Full Story Complete the form to unlock this article...

Legal & Regulation
Lawmakers Lobby for One-Size-Fits-All Regulations for Banks and FinTechs
November 01, 2024

Among the central debates of regulation, what we might term even the jurisdiction of the regulators — no matter the industry — might boil down to a stark question: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Bank Regulation
Capital One Discloses CFPB Investigation of New High-Interest Savings Accounts
November 01, 2024

Capital One disclosed Thursday (Oct. 31) that it could face an enforcement action by the Consumer Financial Protection Bureau (CFPB) regarding its introduction of a new savings account product with a higher interest rate than its existing savings account products. Get the Full Story Complete...

Legal & Regulation
J.P. Morgan Affiliates Settle SEC Enforcement Actions
November 01, 2024

Two affiliates of J.P. Morgan Chase & Co. — J.P. Morgan Securities (JPMS) and J.P. Morgan Investment Management (JPMIM) — agreed to pay $151 million in combined civil penalties and voluntary payments to investors to settle four enforcement actions brought by the Securities and Exchange...

Legal & Regulation
FTC Begins Refunding $2.5 Million in Credit Karma Deception Case
October 31, 2024

The Federal Trade Commission is issuing payments to consumers misled by deceptive claims from Credit Karma. 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...

Legal & Regulation
CFPB: VyStar Hurt Customers With ‘Botched’ Online Banking Rollout
October 31, 2024

Federal regulators have taken action against VyStar Credit Union following a “botched” online banking launch. 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,...