Legal & Regulation

Legal & Regulation
Walmart Says FTC Lawsuit Over Money Transfers Is ‘Overreach’
August 29, 2022

Walmart on Monday (Aug. 29) asked a federal court to dismiss a Federal Trade Commission lawsuit against the retailer, calling the case “an egregious instance of agency overreach.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

ANTITRUST
Report: DOJ Preps Apple Antitrust Suit
August 26, 2022

The U.S. Department of Justice (DOJ) is reportedly readying an antitrust complaint against Apple, a potential sign that the government’s ongoing investigation of the tech giant is coming to a head. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal & Regulation
Amazon, Flipkart Lobby Against India’s Digital Lending Rules
August 26, 2022

Companies have begun to lobby against India’s new digital lending rules after the regulations interrupted card services and put Amazon loan offerings in peril. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
FCC to Investigate Mobile Carrier Data Sharing
August 25, 2022

The head of the Federal Communications Commission has called for an investigation into whether U.S. mobile carriers are complying with FCC geolocation data regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
Cash App, Block Accused of Negligence in Class Action Over Breach
August 25, 2022

A class action was filed against mobile payments company Cash App Investing and its parent Block over “negligent” behavior related to the December 2021 data breach that allegedly compromised the personal information of 8.2 million former and current users.  Get the Full Story Complete the form...

Legal & Regulation
Kenya’s GDPR-Style Legislation Threatens US Firms’ X-Border Data Transfer Model
August 23, 2022

Around the world, data protection legislation sets the rules for how companies collect and process personal information. 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...

Legal & Regulation
Gensler Changes Tactics in Capitol Hill Crypto Fight
August 22, 2022

Securities and Exchange Commission (SEC) Chairman Gary Gensler is changing directions in the argument over whether or not cryptocurrencies are securities, signalling a change in tactics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
FCA Warning of ‘Misleading’ Ads Stirs Debate About UK BNPL Regulation, Consumer Protections
August 21, 2022

The buy now, pay later (BNPL) industry has once again drawn the ire of U.K. regulators. 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...

CFPB
Block ‘Disappointed’ After CFPB Said It Slow-Rolled Cash App Probe
August 19, 2022

A Block spokesperson told PYMNTS Friday (Aug. 19) that the company is “disappointed” that the Consumer Financial Protection Bureau (CFPB) has filed a petition for a federal judge to force it to comply with the bureau’s investigation into Block’s Cash App tool. Get the Full...