Legal & Regulation

Legal & Regulation
Amazon, Google And Apple Side With Microsoft In Customer Privacy Fight With Government
September 06, 2016

Microsoft has gotten some big-name allies in its ongoing argument with the U.S. government about its customers’ privacy rights and to what extent it is allowed/required to inform said customers of data requests from government officials. Get the Full Story Complete the form to unlock this...

CFPB
The Comments Are In: The CFPB And Arbitration
September 06, 2016

With the wide range of highly controversial subjects that fall under the CFPB’s purview, arbitration may come as something of a surprise. Unlike payday lending or prepaid card rules, which affect products consumers actually use day in and day out, arbitration only comes up when...

Legal & Regulation
Online Tax Bill Draws Retailer Support
September 05, 2016

After some years of fighting any and all attempts on taxation, digital merchants seem to have made their peace with paying taxes and are starting to fall into line around the Online Sales Simplification Act of 2016. Get the Full Story Complete the form to unlock...

CFPB
CFPB Says Bank Account Service Issues Top Consumer Gripes
August 31, 2016

The latest monthly complaint report from the Consumer Financial Protection Bureau, released on Aug. 30, shows that the top-of-mind complaints centered on banking, ranging from accounts to services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
FAA Drone Rules Take Effect
August 30, 2016

Although commercial drone delivery still isn’t here yet, it could be getting closer. 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....

Legal & Regulation
How Did Tens Of Millions In ‘Consumer Relief’ Paid By Banks End Up In The...
August 29, 2016

The Residential Mortgage-Backed Securities Working Group (RMBS) is not exactly a household name, though the coalition of federal and state regulators and prosecutors created in 2012 to “identify, investigate, and prosecute instances of wrongdoing” in the residential mortgage-backed securities market is extremely powerful, if in a...

Legal & Regulation
Wells Fargo, AMD, Fifth Third May Have Run Afoul Of Whistleblower Laws
August 26, 2016

Wells Fargo, Advanced Micro Devices (AMD) and Fifth Third Bank have reportedly struck settlement agreements with former employees that may have run afoul of U.S. whistleblower protection laws. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CFPB
CFPB Fines FNBO $32M Over ‘Illegal’ Credit Card Practices
August 26, 2016

The CFPB will collect more than $32 million in fines from First National Bank of Omaha over credit card practices the regulator found to be deceptive. The consumer protection agency found that the bank worked to push consumers into add-on services — services for which...

CFPB
CFPB’s $100M Gift To The Plaintiff’s Bar (If Arbitration Goes Bye-Bye)
August 24, 2016

The Consumer Financial Protection Bureau has quantified the impact of getting rid of the class-action waivers in consumer financial contracts, which prevent customers from filing class-action lawsuits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...