Legal & Regulation

Legal & Regulation
OCC Unhappy With Wells’ Response To Auto Lending Scandal
October 04, 2018

The Office of the Comptroller of the Currency (OCC) isn’t satisfied with the progress Wells Fargo has made in reimbursing customers who might have been affected by scandals in its auto lending and mortgage units. Get the Full Story Complete the form to unlock this...

Legal & Regulation
Apple iPhone X User Forced By FBI To Unlock Phone With Face
October 01, 2018

An Apple iPhone X user was forced by law enforcement to unlock his phone with his face. 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
For GDPR, First UK Notice Comes In Wake Of Facebook Scandal
October 01, 2018

Headlines tied to the General Data Protection Regulation (GDPR) as of late have been focused on what possible fines might be levied against British Airways amid last month’s news of a data breach that touched 380,000 customers. The fact remains, though, that the ledger of...

Legal & Regulation
Case In Musk? SEC Getting Tougher With Execs
September 30, 2018

Securities law experts say that the U.S. Securities and Exchange Commission’s recent settlement with Tesla’s Elon Musk is proof that the agency is getting tougher on corporate regulation of executives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
SEC Fines Investment Firm VFA $1M For Shaky Security
September 28, 2018

The Securities and Exchange Commission (SEC) has hit Voya Financial Advisors (VFA) with a $1 million fine for a failure to implement sufficient cybersecurity policies that compromised customer data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
WePay’s Aberman On Why Compliance Capability Is Better Bought Than Built
September 28, 2018

Sending a payment looks easy from the front end — so easy, in fact, that it can be hard to believe how complicated something like moving funds electronically from a customer to a merchant can really be at the back end. Among other things, being in the...

Legal & Regulation
OpenTable Employee Charged With Making Fake Reservations At Rival Service
September 25, 2018

OpenTable employee Steven Addison was charged by federal prosecutors with making fake reservations on a rival’s website at a time when he knew the restaurants would be busy and thus suffer from losses. Get the Full Story Complete the form to unlock this article and...

ANTITRUST
Trump Mulls Executive Order To Investigate Big Tech
September 24, 2018

President Trump’s White House is considering an executive order that would force federal antitrust and law enforcement agencies to look into the practices of Big Tech social media companies like Google and Facebook, reported Bloomberg. Get the Full Story Complete the form to unlock this...

Legal & Regulation
Amazon And Google Face New European Problems
September 20, 2018

European regulators this week continued to show their love, respect and admiration for U.S.-based tech and eCommerce firms, removing hurdles that might hamper their success on that continent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...