Regulation

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...

News
Republicans Looking At Ways To Get Cordray Ousted From CFPB
December 28, 2016

Richard Cordray, the Consumer Financial Protection Bureau head, is in the crosshairs of Republican critics who are reportedly looking into any past behavior that could get him ousted from the government agency. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
CFPB To Push Through Arbitration Rule
December 27, 2016

The Consumer Financial Protection Bureau will likely finalize rules that prohibit financial institutions from implementing arbitration clauses that stop consumers from filing class-action lawsuits before president-elect Donald Trump takes office on Jan. 20. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

SC Lawmakers Propose $20 Porn Filter
December 22, 2016

In an attempt to crack down human trafficking and explicit online behavior, lawmakers in South Carolina are teeing up a bill that would levy a $20 fee on those who wish to watch internet pornography. Get the Full Story Complete the form to unlock this...

Regulation
UK FCA Says It Needs To Revisit Crowdfunding Rules
December 13, 2016

After seeking comment regarding crowdfunding regulations in July 2016, the U.K.’s Financial Conduct Authority revealed its findings late last week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Regulation
Congress Passes BOTS Act Making It Illegal For Bots To Buy Tickets
December 12, 2016

Congress is fighting back at ticket scalpers, passing a bill that is making it illegal to use bots or computer programs to buy the best tickets to shows and events and then turn around and sell them for an inflated price. Get the Full Story...

Regulation
Fed Governor Warns FinTechs Against Social Media Underwriting
December 06, 2016

FinTechs that want to use data from social media for credit underwriting got a warning from Federal Reserve Governor Lael Brainard, who said they could run afoul of fair lending laws if they rely on social media data. Get the Full Story Complete the form to...