The Department of Justice is taking a more interested look into the world of online financial services — lending in particular — as an area ripe for potential abuse as technology is replacing old school safeguarding systems. Get the Full Story Complete the form to...
The stage may be set — or may be setting up to be set — for a tech and regulatory battle between Chinese giant Huawei and its U.S. counterparts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The sharing economy, regardless of country, has ruffled a lot of regulatory feathers. 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....
In a relatively new twist on payday lending oversight, small lenders claiming ties with tribal entities cannot claim sovereign immunity when it comes to extending loans and the interest rates tied to those loans. As reported by Courthouse News Service, sovereign immunity does not “shield” payday...
Let’s get ready to rumble! 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...
The New York state financial regulator, newly enmeshed in a probe into embattled online lender Lending Club, is widening its gaze to include other online lenders and is examining whether they should be licensed in New York state at all, Reuters reported on Thursday (May 26),...
Sometimes slow news is good news for a sector, particularly one like the on-demand delivery market space, where recent news has surrounded a wave of firms flaming out. And while the startup engine has notably ramped down, with fewer firms venturing out into the competitive landscape, the...
Alibaba is finding itself in hot water over an SEC inquiry regarding its accounting practices. 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,...
The Clearing House (TCH) and the International Swaps and Derivative Association (ISDA) said on Wednesday (May 25) that they have jointly issued a whitepaper that helps guide regulators as they hammer out a new framework for central counterparties (CCP). Get the Full Story Complete the form...
