Regulation

NY Regulators Unhappy With OCC’s Bank Charter Plan For FinTechs
January 18, 2017

The financial services regulator for the state of New York said Tuesday (Jan. 17) that it “formally opposed” charters that would let FinTech firms, including online lenders, operate nationwide. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
FTC Fines Two Telemarketing Companies For Making Robocalls
January 16, 2017

The FTC is cracking down on robocall telemarketing businesses, announcing last week it cracked down on two such companies that have been making robocalls to consumers that have been on the National Do Not Call Registry since 2012 or even earlier. Get the Full Story...

Regulation
Regulators Unhappy With Uber Loan
January 11, 2017

Turns out not everyone is as happy as Uber was about this past summer’s $1.15 billion high-yield loan led by Morgan Stanley, along with help from Goldman Sachs, Barclays and Citigroup. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
US: Gov loses bid to overturn AmEx antitrust decision
January 06, 2017

On Thursday, a federal appeals court rejected the U.S. government’s request that it reconsider its decision allowing American Express to stop merchants from encouraging customers to use rival cards that charge lower fees. Get the Full Story Complete the form to unlock this article and...

Regulation
Internet Privacy Rules At Risk Amid Politics?
January 04, 2017

In a world where corporate regulations are being targeted across most industries by the newly installed Republican Congress and the incoming new administration in the White House, the rumble may become a roar for Internet privacy regulations. Get the Full Story Complete the form to...

Regulation
Mastercard VocaLink Acquisition Moving Forward
January 04, 2017

Mastercard’s acquisition of U.K. payments technology firm VocaLink has marked an important milestone as it attempts to gain regulatory approval for the deal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
London’s Airbnb Regulations Will Cost The Company $400M
January 03, 2017

Airbnb may have $400 million or so in lost bookings in London to look forward to in 2017, thanks to new regulatory enforcement of the 90-night limit for hosts. That figure draws on data from AllTheRooms, an accommodation search engine, and analysis by the Financial Times. That...

Regulation
Senator Warren Wants More Banks Serving Legal Pot Businesses
January 03, 2017

Senator Elizabeth Warren (D-MA) is part of an effort to ensure legal marijuana businesses have access to banking services. 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...

Regulation
NYCUA Supports NY’s Ban On Credit Card Surcharges
December 30, 2016

The ban on credit card surcharges in New York got support from the New York Credit Union Association (NYCUA), which filed an amicus brief with the U.S. Supreme Court in support of the move. Get the Full Story Complete the form to unlock this article...