In a bid to save money, Mick Mulvaney is considering moving dozens of employees of the Consumer Financial Protection Bureau (CFPB) to the basement of its Washington headquarters, while relocating the others to Dallas. Get the Full Story Complete the form to unlock this article...
So now it’s official. In the latest staffing moves at the Federal Trade Commission (FTC), on the heels of a raft of confirmations last week, Joseph Simons has been sworn in as FTC chairman. Get the Full Story Complete the form to unlock this article...
Customer due diligence rules are changing via FinCEN, with a focus on identifying and monitoring beneficial owners. Trulioo GM Zac Cohen notes that the nuances in making sure that FIs are on the "up and up" -- and short circuiting bad actors -- go far...
Banks and credit card companies are looking at ways to pinpoint gun purchases via their payment systems in what could be the first step in restricting purchases of guns. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Initial coin offerings, or ICOs, have been on the receiving end of much criticism and a growing amount of regulatory scrutiny. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Sen. Elizabeth Warren, putting more pressure on acting Consumer Financial Protection Bureau (CFPB) director, sent a letter asking Mick Mulvaney if he is helping the industries that he is supposed to be overseeing. Get the Full Story Complete the form to unlock this article and...
The deadlines for compliance with new European data regulations are right around the corner, and the impact of these changes won’t be limited to the European Union. According to Ethoca, neither should preparations for the shift. Get the Full Story Complete the form to unlock...
The Department of Labor is examining if Wells Fargo pushed retirement-planning customers into pricier accounts and toward buying more expensive investment funds, generating more fees for itself, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau (CFPB), said that the agency will likely shut down its public complaint database. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
