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...
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...
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...
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...
It has been a little less than a year since the Consumer Financial Protection Bureau announced its intentions to examine the institution of small-dollar, short-term lending — of course, with an eye toward new regulations aimed at reining in the worst abuses associated with it....
In a shot across the bow that hints at a battle between the states and the Consumer Financial Protection Bureau, several Republicans and other lawmakers have said the bureau should not try to short circuit state laws with a pending proposal centered on payday loans....
The CFPB is not overly fond of payday lenders — a category of financial services that, in fairness, almost no one really likes because there is something unseemly about high-interest lending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
On Thursday (Feb. 4), the United States House of Representatives voted to end the Obama administration’s “Operation Choke Point.” 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...
The Federal Reserve Board announced on Friday (Feb. 5) that it has levied a $131 million penalty against HSBC North America Holdings and HSBC Finance Corp. tied to deficiencies in residential mortgage loan services and foreclosure processing. The board said in a statement that the penalties...
