Regulation

Regulation
Lawmakers Urge Regulators to Make Financial Data More Accessible
May 16, 2024

Members of Congress from both houses and both parties sent a letter Tuesday (May 14) to the heads of eight federal financial regulatory agencies, urging them to implement the Financial Data Transparency Act (FDTA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
UK Relaxes ‘Land-Based Gambling’ Rules as Online Betting Grows
May 16, 2024

The British government is loosening its rules for brick-and-mortar betting businesses as online gambling grows. 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...

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CFPB’s Credit Card Late Fee Rule Could Create Buy Now, Pay Later Windfall
May 09, 2024

The laws of physics dictate that for every action, there is a reaction. 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 Today. By completing...

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UK’s FCA Defends Proposal to Disclose Companies Under Investigation
May 08, 2024

The Financial Conduct Authority (FCA), the United Kingdom’s financial watchdog, has reportedly faced a backlash from the industry regarding its proposal to publicly disclose companies under investigation.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Wells Fargo: US Authorities Are Investigating Zelle Complaint Handling
May 03, 2024

Wells Fargo said Thursday (May 2) that U.S. authorities are investigating the handling of complaints about Zelle. 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,...

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Report: Block Faces DOJ Probe Over Alleged Compliance Lapses
May 01, 2024

Block, owner of Cash App and Square, is reportedly facing a Department of Justice investigation. 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 Today. By completing this...

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FTC Files Complaint Against Doxo, Alleging Misleading Ads
April 25, 2024

The Federal Trade Commission (FTC) is taking action against doxo, saying the bill payment company misleads consumers and tacks on junk fees. 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...

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TikTok Divesture Aftermath Focuses on Potential Suitors
April 24, 2024

The clock is running out on TikTok’s U.S. ambitions. 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 Today. By completing this form,...

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TikTok Ban Becomes Law as Social Commerce Takes Off
April 24, 2024

President Joe Biden has signed a law banning TikTok unless it’s sold within a year. 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 Today. By...