The National ATM Council (NAC) argued in testimony to the Committee on Consumer Affairs of the New York City Council last week that a proposed ordinance would impose costly and burdensome new security regulations on ATM operators all around the city. Get the Full Story...
On Tuesday (Jan. 17) top Democrats announced plans to defend the Consumer Financial Protection Bureau if President-elect Donald Trump moves forward with removing Richard Cordray as head of the CFPB upon being sworn in later this week, American Banker reported. Get the Full Story Complete...
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...
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...
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...
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...
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...
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...
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...
