If Google and Facebook want to operate in China and access its 751 million internet users, it will have to operate within China’s cybersecurity rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Financial innovation carries risks that need to be monitored, said a regulatory panel based in the United States. The warning came on Thursday from the Financial Stability Oversight Council (FSOC), which Reuters said looks at risks that threaten the financial system. The concern, hinted the newswire, means...
Airbnb, the short-term, home-sharing site, has removed a payment system in France that was deemed controversial. 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...
The Consumer Financial Protection Bureau’s new interim head, Mick Mulvaney, is looking at Wells Fargo’s case to see if it should be on the hook for tens of millions of dollars over mortgage lending abuse, reported Reuters. Get the Full Story Complete the form to...
The state of California’s insurance regulator is aiming to suspend or revoke the insurance licenses from Wells Fargo due to illicit sales practices with an online referral program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Bank examiners can stay in house, a policy where they work inside the institutions they supervise. 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...
The European Court of Justice, the court of last resort in the EU, has ruled that luxury good makers may ban the sale of their products on eCommerce platforms like Amazon to maintain the exclusivity of their brands. Get the Full Story Complete the form...
In a soap opera that seems determined to get ever bubblier, the CFPB has now been sued by a federal credit union looking to stop Mick Mulvaney from being installed as the agency’s leader. Get the Full Story Complete the form to unlock this article...
Almost a full year into Donald Trump’s first term as U.S. president, banks of all sizes are pushing the federal government for greater regulatory relief ahead of a key lawmaker meeting next week. Get the Full Story Complete the form to unlock this article and...
