Legal & Regulation

Legal & Regulation
UK Payments Regulator Pushes Big Banks To Open Up VocaLink
February 25, 2016

The U.K.’s VocaLink processes 90 percent of the nation’s salaries, 70 percent of household bills and nearly the entirety of state benefits — meaning there is basically no business or person in the entire country that didn’t use its technology in some capacity last year. All...

CFPB
CFPB Fines Citi Over Illegal Debt Practices
February 24, 2016

The Consumer Financial Protection Bureau said Tuesday (Feb. 23) that it has taken two separate actions against Citibank, tied to both illegal debt sales and illegal debt collection practices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
The ‘Big Food Conspiracy’ Against Food Labeling
February 23, 2016

Some of the nation’s biggest food producers are facing a whopping $14 million lawsuit that alleges an “elaborate scheme” to secretly fund an initiative to kill a food labeling law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
Ex-NSA Chief Backs Apple’s Encryption Fight
February 23, 2016

The ongoing fight between the Justice Department and Apple over encryption seems to be generating new high-profile public stances by the minute. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Finding Common Ground? Payday Lenders And The CFPB
February 23, 2016

The subject of short-term lending never fails to be divisive, with consumer advocates of all stripes lining up on totally opposite sides of the arguments – depending upon how they define their advocacy. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
Apple Wants A Government Commission To Settle Encryption Battle With FBI
February 22, 2016

Apple and the FBI are not getting along so well these days, as regular PYMNTS readers and anyone who has read the news in the last week probably already knows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Fed Official Advocates Big Bank Break Up
February 17, 2016

Breaking up may be hard to do … but, sometimes, it’s necessary. 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...

Legal & Regulation
When Does Uber Hit The Protest Panic Button?
February 16, 2016

If there’s one looming battle that the champions of the sharing economy have been putting off, it’s their relationship to the workers that make all the gears run smoothly. As Uber, Amazon and others get into the on-demand delivery game, a surge in traffic is...

Legal & Regulation
The UK’s Payments Regulator Talks Innovation
February 16, 2016

It’s been almost a year since the United Kingdom ushered in a first of its kind: the launch of a Payment Systems Regulator (PSR). With its purview extending across the nation’s payments infrastructure and also indirect sponsorship that is managed through sponsoring banks, its stated...