Regulation

Regulation
Trump ‘Reviewing Situation’ After Supreme Court Upholds TikTok Ban
January 17, 2025

After the U.S. Supreme Court upheld the law that forces a sale or ban of TikTok, the company and President-elect Donald Trump said in separate statements that there may be a solution that keeps the social media app available in the U.S. Get the Full...

Regulation
Equifax to Settle CFPB Allegations of Inaccurate Credit Reports
January 17, 2025

Equifax has agreed to a settlement and consent order that will resolve Consumer Financial Protection Bureau (CFPB) allegations that the consumer reporting agency failed to take steps to ensure the accuracy of its credit reports. Get the Full Story Complete the form to unlock this...

Regulation
FTC Order Bans GM From Disclosing Data From Connected Vehicles
January 17, 2025

General Motors agreed to a proposed order to resolve Federal Trade Commission allegations that it collected, used and sold data from connected cars without drivers’ knowledge or consent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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CFPB: Credit Reporting Companies Must Disclose Source of Consumer Data
January 16, 2025

The Consumer Financial Protection Bureau (CFPB) filed an amicus brief Thursday (Jan. 16), saying it aims to ensure that credit reporting companies are held accountable for “junk data” and don’t secure “loopholes” in the law that prevent that accountability. Get the Full Story Complete the form to...

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Block to Pay $80 Million to Settle AML Violation Allegations
January 15, 2025

Block has agreed to pay an $80 million fine and undertake corrective actions to resolve a coordinated enforcement action by 48 state financial regulators that alleged the company violated Bank Secrecy Act (BSA) and anti-money laundering (AML) laws. Get the Full Story Complete the form...

Regulation
GoDaddy to Settle FTC Charges of ‘Unreasonable Security Practices’
January 15, 2025

The Federal Trade Commission (FTC) said Wednesday (Jan. 15) that a proposed settlement order will require web hosting company GoDaddy to improve its information security program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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OCC Announces 3 Enforcement Actions Against Wells Fargo Leaders
January 14, 2025

The Office of the Comptroller of the Currency (OCC) has completed the enforcement actions it pursued against 11 former Wells Fargo senior bank executives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
Report: European Commission Reconsiders US Tech Cases After Trump Election
January 14, 2025

The European Commission is reportedly reconsidering its investigations into U.S. tech giants as U.S. President-elect Donald Trump is set to take office next week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
US Impending Ban on Software Sparks Concerns Over Connected Car Future
January 14, 2025

The U.S. government’s impending ban on certain car parts from China and Russia, particularly those critical for connectivity and vehicle autonomy, is raising concerns across the automotive industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...