Legal & Regulation

Legal & Regulation
Report: 2022 Saw 50% Spike in Money Laundering Fines
January 19, 2023

Penalties for failing to stop financial crimes jumped by more than 50% last year. 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...

Legal & Regulation
TikTok Joins Ranks of Tech Firms Facing EU Privacy Crackdown
January 17, 2023

A five million euro fine for privacy violations welcomes TikTok to an expensive club. 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...

CFPB
CFPB’s Fee Focus May Reshape $626B Remittance Payments Industry
January 17, 2023

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CFPB
CFPB’s Next Target Is Cross-Border Payments
January 16, 2023

America’s top consumer watchdog is reportedly looking to strengthen its rules for overseas money transfers. 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
Rep. McHenry Creates House Digital Assets/FinTech Subcommittee
January 15, 2023

House Republicans are set to take a closer look at FinTechs and digital assets. 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...

CFPB
CFPB Claims Victory in Battle Against ‘Sketchy’ Debt Collection Suits
January 12, 2023

The CFPB says it has settled a lawsuit against a debt collection firm it accused of filing junk lawsuits against consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Legal & Regulation
JPMorgan Alleges Financial Planning Platform Frank Inflated Customer Base 
January 11, 2023

JPMorgan Chase said it was defrauded when it bought college financial planning platform Frank. 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...

CFPB
CFPB Proposes Public Posting of Confusing ‘Terms and Conditions’ Clauses
January 11, 2023

A federal regulatory agency wants to take a closer look at nonbanks’ terms and conditions. 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,...

CFPB
CFPB’s Recommendation for ‘Consumer Participation’ With Bureaus Demands Alternative Data
January 09, 2023

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