Legal & Regulation

Legal & Regulation
Big Techs Continue to Navigate Legal Quagmire of EU Data Sovereignty
September 08, 2022

In the saga of Big Tech companies and their seemingly never-ending confrontations with EU legislators, issues surrounding what the EU calls “digital sovereignty” are among the most intractable. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

CFPB
CFPB, CMS Crack Down on Illegal Nursing Home Debt Collections
September 08, 2022

Family and friends signing admission agreements with residential nursing care facilities cannot be held liable for unpaid debts associated with a patient’s stay, according to laws in place that forbid the practice. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
Fed’s New Vice Chair Michael Barr Drafts Regulatory Agenda
September 08, 2022

About six weeks into his new role as Federal Reserve Vice Chair for Supervision, Michael Barr’s first speech focused on safety and fairness as he hinted at tougher oversight of cryptocurrency, bank mergers and climate change.  Get the Full Story Complete the form to unlock...

Legal & Regulation
Potential BoE Shakeup in the Cards as New UK Chancellor Seeks to Control Inflation
September 07, 2022

The day after being appointed as the U.K.’s new Chancellor of the Exchequer (the minister responsible for economic and financial matters), Kwasi Kwarteng met with a small delegation of senior bankers that included the European chief executives of Goldman Sachs, J.P. Morgan and BlackRock. Get...

Legal & Regulation
New UK Prime Minister Inherits Worsening Crisis, Skyrocketing Energy Bills
September 06, 2022

For believers in pathetic fallacy, the thunderclouds hanging over London today are an ominous sign for Liz Truss, who has officially been handed the reins of government by the outgoing Prime Minister Boris Johnson. Get the Full Story Complete the form to unlock this article...

Legal & Regulation
Attorneys General Ask Credit Card Companies to Track Gun Sales
September 04, 2022

The attorneys general of New York and California think Visa, Mastercard and American Express should begin tracking gun sales and flagging suspicious purchases to law enforcement in order to fight the threat of mass shootings. Get the Full Story Complete the form to unlock this...

Legal & Regulation
US Stablecoin Bill Hits a Snag as Negotiations Break Down
September 04, 2022

A major Congressional effort to create regulations around stablecoins has hit a bump in the road, and while negotiations still ongoing, they are likely to extend beyond what the calendar allows. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

ANTITRUST
Microsoft-Activision Deal Could Hurt Competition, CMA Says
September 02, 2022

The United Kingdom’s antitrust watchdog said Microsoft’s $69 billion acquisition of video game maker Activision Blizzard could hinder competition and warrants further investigation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
Fraud Prevention FinTech Alloy Nets $52M on $1.55B Valuation
September 01, 2022

Alloy, which works on helping banks and FinTechs with identity decisioning and threat selections with API service and SaaS, has a $1.55 billion valuation now after raising $52 million recently, a report said. Get the Full Story Complete the form to unlock this article and...