Regulation

Regulation
Regulators Raise Exemption Thresholds Regarding Mortgages, Consumer Credit and Leases
October 15, 2024

The Consumer Financial Protection Bureau (CFPB) has announced rules related to threshold adjustments for mortgage loan appraisals, consumer credit transactions and consumer lease transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
What on-Soil Requests Mean for Cross-Border Payments Compliance
October 14, 2024

If businesses aren’t ready for cross-border compliance, they may as well be writing regulators a blank check. 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...

Regulation
British FinTechs Tell Government That Regulations Are Stifling Growth
October 13, 2024

A group of U.K. FinTechs has reportedly met with the country’s government with concerns about growth limits. 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...

Regulation
Treasury Official: State-by-State Regulations Stifle Innovation for FinTechs
October 11, 2024

A federal regulatory framework for nonbank payment service providers is needed to reduce risks and promote innovation, Nellie Liang, under secretary for domestic finance at the U.S. Treasury Department, said Wednesday (Oct. 9). Get the Full Story Complete the form to unlock this article and...

Regulation
CFPB: More Loans Will Require Detailed Disclosures in 2025
October 04, 2024

The Consumer Financial Protection Bureau (CFPB) and Federal Reserve raised the dollar thresholds for applicability of Truth in Lending (Regulation Z) and Consumer Leasing (Regulation M) rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
CFPB Targets Double Billing in Medical Debt Collection
October 01, 2024

The Consumer Financial Protection Bureau (CFPB) is targeting illegal practices among medical debt collectors. 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...

Regulation
Yellen: 2023 Bank Runs Highlight Need for ‘Thoughtful Regulation’
September 26, 2024

Treasury Secretary Janet Yellen said Thursday (Sept. 26) that it takes continuous work to build and maintain a resilient financial system. 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: Wells Fargo Submits Third-Party Review to Federal Reserve
September 26, 2024

Wells Fargo reportedly submitted a third-party review of its risk and control overhauls to the Federal Reserve, seeking to end the Fed’s cap on its assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Regulation
US Moves to Secure Connected Car Economy by Banning Foreign Technologies
September 25, 2024

The U.S. government’s proposed ban on connected vehicle technology from China and Russia marks a significant shift in the approach to national security and cybersecurity within the automotive sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...