The Consumer Financial Protection Bureau (CFPB), under the leadership of Mick Mulvaney, has withdrawn its request to the Office of Management and Budget (OMB) to conduct online surveys of consumers as part of research on debt collection disclosures. This move came after the American Bankers...
Compounding what might be charitably described as an epic run of bad luck, Uber has lost a major battle in the European Union’s highest court, which has ruled that the ride-sharing service is, for all intents and purposes, a taxi service that must comply with...
Kaspersky Lab, the security company that saw the U.S. Department of Homeland Security ban the use of its products within the confines of federal agencies, announced Monday (Dec. 18) that it will appeal that decision. Get the Full Story Complete the form to unlock this...
The Federal Reserve reported Monday (Dec. 18) that it would repeal Regulation C, a regulation pertaining to home mortgage disclosures, and is proposing to limit the reach of Regulation M, pertaining to consumer leasing. Get the Full Story Complete the form to unlock this article and...
When “Game of Thrones” finished the first half of the season earlier this year, its 17 million weekly viewers were left with a problem: they had a year, at least, to wait until the second half of the final season began. What could they possibly...
If Google and Facebook want to operate in China and access its 751 million internet users, it will have to operate within China’s cybersecurity rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Centra, a startup that raised over $30 million this year through an ICO promoted by celebrities, has been hit with a class-action lawsuit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Federal Reserve’s vice chair who is in charge of policing Wall Street, Randal Quarles, said late last week he is recusing himself from anything related to Wells Fargo. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Financial innovation carries risks that need to be monitored, said a regulatory panel based in the United States. The warning came on Thursday from the Financial Stability Oversight Council (FSOC), which Reuters said looks at risks that threaten the financial system. The concern, hinted the newswire, means...
