Legal & Regulation

Legal & Regulation
For SEC, Subpoenas No Mere ‘Token Interest’ In ICOs
March 12, 2018

A hammer? A velvet hammer? A helping hand? 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 daily newsletter, PYMNTS Today. By completing this form, you agree...

CFPB
CFPB Issues Final Rule Connecting Mortgage Servicers To Bankrupt Borrowers
March 09, 2018

The Consumer Financial Protection Bureau (CFPB) introduced a final rule on Thursday (March 8) that it said will help mortgage servicers communicate with borrowers who are facing bankruptcy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
Ripple CEO Wants Peace Between Regulators And Cryptos
March 08, 2018

Ripple’s CEO would like regulators and the cryptocurrency industry to learn how to get along. 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 daily newsletter,...

Bank Regulation
Bancorp Bank Fined $2M For Prepaid Card Fees
March 08, 2018

The Bancorp Bank, among the largest prepaid card issuers, will pay $2 million to settle claims that it charged fees higher than those disclosed to its customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
Senator Durbin Wants Wells Fargo To Stop Expanding Program With Colleges
March 07, 2018

Wells Fargo is facing calls from lawmakers to press pause on creating more partnerships with colleges. 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 daily newsletter,...

Legal & Regulation
U.S. Bancorp Hoping For Regulation Lift By End Of Year
March 07, 2018

U.S. Bancorp is hopeful that an order issued aimed at getting the bank to strengthen its anti-money laundering efforts will be lifted by the end of 2018. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
ICOs, SEC And Wait And See?
March 05, 2018

The SEC fired a regulatory shot across ICOs’ bows this week, sending out information requests and subpoenas to a slew of firms. The door opens for more oversight, and perhaps a freezing effect on the token sales, even while illuminating a darker corner of the...

CFPB
Mulvaney Hints At CFPB’s Future In Bank Regulation
March 02, 2018

The acting director of the Consumer Financial Protection Bureau (CFPB), Mick Mulvaney, could allow other regulators to be in charge of supervisory matter, in an attempt to prevent duplications within government agencies and to reduce the burden for financial firms when it comes to exams....

CFPB
CFPB Looks To Improve Complaint Reporting
March 02, 2018

The Consumer Financial Protection Bureau (CFPB) is seeking public evidence to ensure that the government watchdog agency is doing everything it can to best protect consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...