Legal & Regulation

ANTITRUST
CMA: Amazon Commits to Fair Competition in UK Marketplace
July 26, 2023

The United Kingdom’s Competition and Markets Authority (CMA) said Amazon has committed to ensure fair competition in its marketplace. 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,...

Legal & Regulation
UK’s CMA Finds HSBC Failed to Share Payment Transaction Histories
July 25, 2023

The U.K.’s Competition and Markets Authority (CMA) has found that HSBC has breached an order that requires banks to send payment transaction histories to some customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
What’s Missing from America’s AI Safety Pledge? Any Mention of EU 
July 24, 2023

The U.S. has historically regulated technical innovations sector by sector, rather than by overall capability. 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,...

Legal & Regulation
FTX Sues Sam Bankman Fried and Former Executives
July 21, 2023

The November 2022 collapse of FTX, one of the largest cryptocurrency exchanges, has sparked an investigation into the company’s finances. The latest development in the ongoing bankruptcy process took place on Thursday when lawyers for the exchange sued the company’s founder and former CEO, Sam...

Legal & Regulation
Twitter Plans to Subpoena Sen. Warren in Legal Battle Against FTC
July 20, 2023

Twitter is reportedly planning to issue to subpoena Sen. Elizabeth Warren in connection with its ongoing legal battle against the Federal Trade Commission (FTC). 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...

Bank Regulation
UK Finance Ministry Proposes Rules Against ‘Unfair Bank Account Closures’
July 20, 2023

The United Kingdom’s economic and finance ministry, HM Treasury, is proposing rules for banks to combat “unfair bank account closures.” 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...

CFPB
CFPB: American Workers Saddled by Employer-Driven Debt
July 20, 2023

America’s consumer watchdog says too many workers are falling into TRAPs. 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
CFPB Head Doesn’t Want to Be ‘Cheerleader’ for Bank Mergers
July 20, 2023

America’s consumer watchdog says bank mergers are set to become much tougher to pull off. 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,...

Legal & Regulation
CFPB Sues Lease-to-Own Company Snap Finance
July 19, 2023

The Consumer Financial Protection Bureau (CFPB) has sued lease-to-own finance company Snap Finance, alleging deception, consumer law violations and making false threats. 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...