Regulation

Regulation
‘Rent A Bank’ Fades For Payday Lenders, FIs Step In On Short-Term Loans 
June 25, 2021

The regulatory gaze on payday lending is tightening. To that end, as reported by the Associated Press, Congress has voted to overturn Trump-era regulations that let payday lenders sidestep state laws that cap interest rates. Get the Full Story Complete the form to unlock this...

Regulation
Canada’s Trudeau Party Takes Aim At Social And Streaming Platforms
June 22, 2021

Canadian legislation drafted by Justin Trudeau’s government is taking aim at Big Tech and is looking to subject social and streaming platforms to the same rules as legacy broadcasters, Bloomberg reported on Tuesday (June 22). Get the Full Story Complete the form to unlock this...

Regulation
Big Tech Compliance Tracker: Grassley, Lee Propose Antitrust Legislation; China Passes New Data Security Law
June 21, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny.  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,...

Regulation
Commerce Department Rescinds Never-Enforced TikTok, WeChat Bans
June 21, 2021

The U.S. Commerce Department on Monday (June 21) formally withdrew, retroactive to June 16, Trump-era restrictions preventing certain transactions involving Chinese-owned smartphone apps WeChat and TikTok. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
EU Digital Chief Rejects Concern That Regulation Is Anti-US
June 20, 2021

Margrethe Vestager, the EU’s head of digital and competition policy, doesn’t think the EU’s new policies are too targeted towards Americans, Financial Times (FT) writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
US Senator Revamps Bill To Include New Agency To Enforce Data Privacy Laws
June 17, 2021

Sen. Kirsten Gillibrand wants to beef up privacy regulation and has rolled out a new version of her Data Protection Act, Vox reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
Proposed Bills Aim To Reduce Fines For NYC Main Street Businesses
June 16, 2021

New legislation proposed by two New York City council members aims to help mom-and-pop shops by reducing fines and relaxing code enforcement, The Wall Street Journal reported on Wednesday (June 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
US Security Council Urges EU To Stop Singling Out American Tech Firms
June 15, 2021

The U.S. National Security Council (NSC) told the European Union to stop using the Digital Markets Act (DMA) to target American technology giants, the Financial Times reported, citing sources.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
Big Tech Compliance Tracker: Google Faces $270 Million Fine From France; Ohio AG Seeks To...
June 15, 2021

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny.  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,...