Legal & Regulation

CFPB
CFPB On Alert for ‘New Sketchy Fee Tactics’ From Companies
December 19, 2024

The Consumer Financial Protection Bureau (CFPB) is monitoring the consumer financial marketplace to spot companies’ attempts to charge junk fees in new ways after the regulator cracked down on older methods. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

CFPB
Trump 2.0 Expected to Pursue Regulatory Rollbacks at CFPB
December 19, 2024

A flurry of announcements and proposals from the Consumer Financial Protection Bureau in the weeks leading up to — and after — November’s election begs the question: With the agency under fire from the majority party — as Republicans have control of the presidency and...

Legal & Regulation
Supreme Court to Hear TikTok’s Appeal Jan. 10
December 18, 2024

The U.S. Supreme Court reportedly said Wednesday (Dec. 18) that it will hear TikTok’s appeal of a law that would see the app banned in the United States if it is not sold by its Chinese parent company, ByteDance. Get the Full Story Complete the...

Legal & Regulation
Dutch Authority Fines Netflix $4.95 Million for Alleged GDPR Violations
December 18, 2024

The Dutch Data Protection Authority (Dutch DPA) fined Netflix 4.75 million euros (about $4.95 million), saying that between 2018 and 2020, the company did not give its customers enough information about what it does with their personal data. Get the Full Story Complete the form...

Legal & Regulation
New Zealand’s Commerce Commission Proposes Cutting Merchant Card Fees
December 18, 2024

New Zealand’s Commerce Commission has proposed reducing the fees the country’s businesses pay for accepting Mastercard and Visa payments. 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...

Legal & Regulation
FDIC Authorizes Potential Legal Action Against Former SVB Executives
December 18, 2024

The Federal Deposit Insurance Corporation (FDIC) board of directors reportedly votedunanimously to authorize potential legal action against six former officers and 11 former directors of Silicon Valley Bank (SVB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

CFPB
CFPB Reports ‘Dramatic’ Increase in Complaints About Card Rewards
December 18, 2024

America’s leading consumer finance watchdog is warning credit card companies not to devalue rewards points. 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,...

Legal & Regulation
Grubhub to Settle Charges of Consumer Protection and Competition Violations
December 17, 2024

Grubhub will pay $25 million and make several changes to its operations to settle charges that it violated consumer protection and competition laws. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
SEC and Express Settle Charges Related to Disclosure Obligations
December 17, 2024

The Securities and Exchange Commission (SEC) settled charges with Express, Inc., in which it alleged that the fashion retailer failed to disclose executive compensation paid to its now-former CEO in fiscal years 2019, 2020 and 2021. Get the Full Story Complete the form to unlock...