Legal & Regulation

CFPB
CFPB Sues Capital One Over ‘Highest’ Rates Promotion
January 14, 2025

The Consumer Financial Protection Bureau (CFPB) sued Capital One Tuesday (Jan. 14), alleging that the bank promoted one savings account as offering one of the nation’s “highest” interest rates at the same time it offered another one that paid out rates that were as much...

ANTITRUST
Google’s Search Business Faces UK Antitrust Investigation
January 14, 2025

Google is the first tech company investigated under the United Kingdom’s new competition law. 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...

Legal & Regulation
UK’s Antitrust Regulator Tests New Powers Targeting Google
January 14, 2025

Since Jan. 1, the U.K.’s Competition and Markets Authority (CMA) has been granted new powers to regulate digital markets, investigate firms, impose remedies and enforce sanctions. The newly introduced Digital Markets, Competition and Consumers Act (DMCC) closely aligns with the European Union’s Digital Markets Act,...

Legal & Regulation
Robinhood to Settle SEC Charges of ‘Broad Array’ of Violations
January 13, 2025

The Securities and Exchange Commission (SEC) said Monday (Jan. 13) that two Robinhood broker-dealers have agreed to pay $45 million in combined civil penalties to settle charges that they failed to observe a “broad array” of regulatory requirements. Get the Full Story Complete the form...

Legal & Regulation
Report: FTC to Sue Property Management Firm Greystar, Alleging Hidden Fees
January 13, 2025

The Federal Trade Commission (FTC) is reportedly preparing to sue real estate development and property management firm Greystar Real Estate Partners, alleging that the company charged tenants hidden fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

CFPB
CFPB Seeks to Stop Financial Companies From ‘Weaponizing’ Fine Print
January 13, 2025

The Consumer Financial Protection Bureau (CFPB) said Monday (Jan. 13) that it aims to stop financial companies from using fine print in contracts that results in customers waiving their legal rights or free speech. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
Binance to Face Class Action After US Supreme Court Declines to Hear Appeal
January 13, 2025

Cryptocurrency exchange Binance and founder Changpeng Zhao are reportedly set to face a class action by investors after a Monday (Jan. 13) decision by the U.S. Supreme Court. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

ANTITRUST
Apple Fights Monopoly Charges in $1.8 Billion Antitrust Trial
January 13, 2025

Apple is in court in the U.K. this week defending itself against monopoly-related charges. 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....

Bank Regulation
FDIC Gives BlackRock New Deadline to Resolve Banking Oversight Questions
January 12, 2025

Asset manager BlackRock is reportedly facing a new deadline over its investments in government-backed banks. 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,...