Legal & Regulation

Legal & Regulation
Poll: Most Americans Against Breakup Of Tech Cos
April 05, 2019

A new poll has revealed that most Americans aren’t on board with Sen. Elizabeth Warren’s plan to break up large technology companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
MoneyGram, Western Union Sued Over Downed Passenger Plane
April 05, 2019

Four financial institutions are being sued over suspected ties to terrorists who shot down Malaysia Airlines Flight MH17 in 2014, according to The Wall Street Journal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
Earnin Investigated For Offering Covert Payday Loans
April 05, 2019

Silicon Valley-based financial services startup Earnin has potentially run afoul of New York State regulators with its payday advance product for consumers. The New York Department of Financial Services took interest in the matter after reports emerged in the New York Post that questioned whether the...

Legal & Regulation
EU Academics Say Tech Firms Shouldn’t Be Broken Up, Should Share Data Instead
April 04, 2019

A group of academics appointed by EU antitrust regulators say tech companies should be compelled to share data with each other, as an alternative to breaking them up, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
Trump Sets Sights On Stopping Fakes On Third-Party Marketplaces
April 03, 2019

President Donald Trump signed off on a memorandum Wednesday (April 3) aimed at curbing the sale of counterfeit goods, reported Reuters. 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
CA Lawmakers: Crypto Can Solve Cannabis Payments Problem
April 03, 2019

Legalized cannabis has a huge cash payments problem – as in, operators have too much, given federal restrictions in the U.S. that have largely prevented the use of cards and digital payments. That introduces friction and more risks of theft into this growing area of...

Legal & Regulation
FCA Tells Consumers To Be Wary Of Peer-To-Peer Loans
April 02, 2019

The U.K.’s Financial Conduct Authority  has issued a warning to consumers regarding certain risks inherent in peer-to-peer loans held in individual savings accounts, according to reports.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
Facebook Looks To Government For More Regulation
April 02, 2019

If you can’t beat em…join ‘em? Facebook’s Mark Zuckerberg pushes for more government regulation of the internet – and cites GDPR as a model. Elsewhere, Google goes to the Oval Office.

Bank Regulation
PSD2’s Elephant In The Room
April 02, 2019

Open banking is here, but baby steps abound as financial firms grapple with PSD2’s fragmented landscape.  Token.io CEO Steve Kirsch tells PYMNTS that giving users full control over what happens with their financial lives means addressing PSD2’s elephant in the room: standardized APIs.