Legal & Regulation

Legal & Regulation
Crypto Regulations Move Into The Spotlight
April 01, 2019

Recent headlines have been dominated by payday lending rules and Wells Fargo. But there have been a few other trends taking shape, as crypto regulation has been gathering steam beyond U.S. shores, from Pakistan to Bermuda.

Legal & Regulation
Robocalls Go Unpunished, Exposing Regulatory Gaps
March 29, 2019

For foes of robocalls, there came a bit of poetic justice in recent weeks, courtesy of John Oliver, host of the weekly HBO comedy-news program “Last Week Tonight.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

ANTITRUST
FTC, State AGs To Team Up To Investigate Google, Facebook
March 29, 2019

The U.S. Federal Trade Commission is gearing up to hold talks with state attorneys general about Facebook and Google’s position in the technology space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
Wirecard Files Suit Against FT Following Investigative News Reports
March 28, 2019

German financial and payments company Wirecard has filed a lawsuit against the Financial Times for a series of articles the news organization wrote alleging misconduct and fraud in its accounting, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
TCH Releases Business Principles, Expands RTP Committee
March 28, 2019

The Clearing House (TCH), which operates the RTP Business Committee, has added four seats to the committee to incorporate community bank and credit union representation, and also released a set of business principles to outline the RTP’s work. TCH announced the news on Thursday (March...

Bank Regulation
Cannabis Banking Bill Gains Steam in US House
March 27, 2019

A bill that could bring clarity to payments for legal cannabis purchases in the U.S. was set for an important vote this week in the U.S. House of Representatives — though there is still a long path before that bill would become law. The news...

Legal & Regulation
Financial, Regular Firms Want Banks To Work With Pot Companies
March 27, 2019

Financial firms, fertilizer, beverage, and other mainstream companies are calling on Congress to enable pot companies to have access to banks. 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
Michael Avenatti Arrested For Bank, Wire Fraud
March 26, 2019

Attorney Michael Avenatti has been charged in two federal cases with wire and bank fraud, as well as allegedly attempting to extort more than $20 million from Nike. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
Stay On CFPB Payday Lending Rule Upheld
March 25, 2019

A federal judge late last week ordered a stay on the August 2019 compliance date tied to the “payday lending rule” mandated roughly two years ago by the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and...