Legal & Regulation

CFPB
Equifax Most Complained About Financial Company In 2017
January 18, 2018

Equifax may be working to rebuild its reputation after a massive data breach exposed the information of millions of its customers, but the public still has a lot to say about the company. They’re turned to the Consumer Financial Protection Bureau (CFPB) to complain in...

Legal & Regulation
It’s Official: CFPB To Reconsider Payday Rule
January 17, 2018

The payday lending arena could get help from the Consumer Financial Protection Bureau (CFPB), with acting director Mick Mulvaney saying the CFPB will “reconsider” rules regarding the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
Wells Fargo’s Bid To Dismiss Predatory Lending Suit Rejected
January 17, 2018

Wells Fargo’s effort to toss out a lawsuit lodged by the city of Philadelphia failed, with the judge paving the way for the city to go after the embattled bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
Congress Receives Petition To Make Cannabis Banking Legal
January 17, 2018

Congress has a new petition to review: This one is from a bipartisan group of 18 attorneys general from states that have legalized recreational and medical marijuana and would like access to banking in the industry. Get the Full Story Complete the form to unlock...

Legal & Regulation
Germany Talks Tough On Bitcoin Regulation
January 16, 2018

With regulators around the world calling for rules and laws governing trading in cryptocurrency, a director of Germany’s central banks said rules have to be on a global scale. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
China Cracks Down On Alt Crypto Trading Platforms
January 15, 2018

China steps up its regulation of cryptocurrency trading by going after online platforms and mobile apps. 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...

Legal & Regulation
PSD2 Takes Center Stage And Open Banking Era Opens
January 15, 2018

And so, it’s finally here. 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 to receive...

Legal & Regulation
China Is Picking Up Oversight Of Banking
January 15, 2018

The China Banking Regulatory Commission (CBRC) announced this past weekend that it is focusing on boosting oversight of banking and interbank activities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
Bill To Ban Use Of Huawei, ZTE Phones
January 15, 2018

Huawei, which just saw its deal to sell its smartphones in the U.S. through AT&T fall apart over security concerns, is facing a bill that would prevent U.S. government agencies from doing business with the Chinese company and ZTE, the Chinese telecommunications equipment provider. Get...