Legal & Regulation

Legal & Regulation
Uber Under Investigaton By FTC
June 16, 2017

It never rains but it pours. Such is life over at ridesharing firm Uber these days, which can now add to the list of its recent woes news of an FTC investigation for alleged privacy violations by the recently under siege carsharing company. Get the Full...

CFPB
Data Should be Held Back from Consumers, Says Treasury Report
June 15, 2017

As the Consumer Finance Protection Bureau (CFPB) remains in the crosshairs of the Trump administration and members of Congress, data privacy has been top of mind — namely, who should have access to that data. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
Turkey Is Most Difficult Market for Regulatory Compliance
June 14, 2017

Tax and accounting compliance can be an overwhelmingly monumental task as companies expand their geographic footprint. Analysts agree that a company should work with partners, advisors and technologies that can help them manage their compliance demand across borders. Not only do regulations vary from jurisdiction...

Legal & Regulation
Elizabeth Warren Backs Regulatory Relief For Small Banks
June 14, 2017

Senate Democrats would be willing to see some changes made to Dodd-Frank in order to give small banks and credit unions some relief from the banking regulation’s tougher rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
Trump Treasury Department Wants To Depower CFPB
June 13, 2017

In a report released late yesterday (June 12), the Treasury Department officially recommended that the Consumer Financial Protection Bureau should be substantially stripped of its powers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CFPB
For CFPB, About Face On Debt Collection?
June 12, 2017

The Consumer Financial Protection Bureau (CFPB) has reversed course about debt collection, and, as The American Banker noted, “in a big win for third-party debt collectors,” has said that banks, among other first-party creditors, must be responsible for accuracy of their consumer debt data. Get...

Bank Regulation
Dodd-Frank Rollback Tops Regulatory Landscape
June 12, 2017

Big picture thinking dominated news surrounding financial services and payments regulations this past week. In the U.K., a contentious election brought “hard” and “soft” Brexit into question, while Dodd-Frank got a vote down by the United States House of Representatives — and next stop, the Senate....

Bank Regulation
House Financial Choice Act Scuttles Parts of Dodd-Frank Financial Industry Reforms
June 09, 2017

In the halls of Congress and in the halls of Wall Street it wasn’t all about Comey Thursday. 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...

CFPB
CFPB Requests Retail Credit Cards Offer More Transparent Promotions
June 09, 2017

The Consumer Financial Protection Bureau (CFPB) announced in a press release that it sent letters to top retail credit card companies encouraging them to use more transparent promotions for the sake of consumer protection. Get the Full Story Complete the form to unlock this article...