The time for “wait and see” is running out when it comes to new European privacy regulations. Soon enough, the financial and consumer impacts of the General Data Protection Regulation (GDPR) will become clear enough that companies that took a laggard’s approach may start to...
Five years after Silk Road shut down, one of its alleged advisers is being extradited to the U.S. to face newly unsealed charges for his role in the operation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Financial firms have their work cut out for them when battling the bad guys, trying ensure that funds go where they need to go, and that money laundering is not taking place. Easier said than done, and at times the regulators call for reinforcements. Get...
Attorney Jeff Sessions’ strict stance on marijuana companies is facing pushback from the nation’s banks, which are stepping up their lobbying efforts to get more lenient plans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Email marketers are facing roadblocks due to a new regulation that requires consumers to opt in before additional emails can be sent to them. According to a report in CNBC, the rules are hurting the email marketing companies because consumers don’t even open the emails,...
The Bank for International Settlements (BIS), a forum for the world’s central banks, wants specific regulations that were introduced after the 2008 financial crisis to also be extended to shadow banks and FinTech firms. Get the Full Story Complete the form to unlock this article...
Some of the country’s largest banks should soon be handing over more capital to investors than they are generating for the first time since the 2008 financial crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
After receiving preliminary approval for a settlement last July, Wells Fargo said that it has received final approval from a California court to settle a class action suit. The $142 million suit sought to compensate customers impacted by a sales scandal, Reuters reported. Get the...
Sources are saying that Representative Darrell Issa, the Republican lawmaker from California, might be the next leader of the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
