The Consumer Financial Protection Bureau (CFPB) announced that it has filed a complaint against multiple parties, accusing them of making loans against future pension payments. The defendants include Future Income Payments, FIP, BuySellAnnuity, Cash Flow Investment Partners and approximately two dozen others. Get the Full...
The Internet Association, a group that represents Facebook, Amazon and Alphabet’s Google, among other technology and internet companies, said on Tuesday (Sept. 11) that it supports data privacy rules in the U.S. that are more modern, but urged lawmakers to approach the issue nationally. Get the...
Wells Fargo has seen U.S. regulators turn down its plan to pay back customers who purchased auto insurance they didn’t need. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A federal judge has ruled that prosecutors can move forward with a case against a man accused of defrauding investors in two cryptocurrencies. According to Reuters, U.S. District Judge Raymond Dearie in New York ruled that Brooklyn resident Maksim Zaslavskiy can be prosecuted for violating...
The U.S. sports betting wave could become one of the hottest payments and commerce trends of 2018, with lawmakers and gamblers bringing the activity to more states, and league officials pushing for their cut. Kentucky is one of the latest jurisdictions that could welcome the...
The European Parliament is set to vote this week on copyright legislation that would make media internet platforms pay for the content that appears on their sites. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Bet on it: More gambling is coming to consumers’ mobile devices, including via companies that provide fantasy sports betting, thanks to a U.S. Supreme Court decision from earlier this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
GDPR compliance has yet to be fully embraced by firms on a global scale, yet headlines from this past week show just what the repercussions might be against a new regulatory landscape. Get the Full Story Complete the form to unlock this article and enjoy...
U.S. state attorneys general are working together to figure out the best way to regulate internet powerhouses such as Facebook, Twitter and Google. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
