Regulation

Regulation
OCC Closes Sales Practices Consent Order Against Wells Fargo
February 15, 2024

The Office of the Comptroller of the Currency terminated a 2016 consent order against Wells Fargo. 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...

Regulation
McHenry Questions FinCEN Funding Amid Beneficial Ownership Debate
February 14, 2024

A top House Republican says the White House’s new beneficial ownership rules are needlessly complex. 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,...

Regulation
FinTechs Believe CFPB’s 1033 Rule Will Bring ‘Clarity’ to Data Sharing and Foster Financial Services...
February 14, 2024

Matt Janiga, legal counsel and director of regulatory and public affairs at Trustly, told PYMNTS that the Consumer Financial Protection Bureau’s open banking rule, commonly referred to as Rule 1033 (or just 1033), is on track to be finalized this year. Get the Full Story...

Regulation
Report: Paytm Verges on Regulatory Victory Amid Larger Troubles
February 11, 2024

Paytm is reportedly set for a small regulatory win while facing bigger government headaches. 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....

Regulation
SEC to Enhance Reporting Requirements for Hedge Fund Advisers
February 08, 2024

The Securities and Exchange Commission (SEC) has made amendments to Form PF, a confidential reporting form for SEC-registered investment advisers to private funds. 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...

Regulation
FCC Outlaws Use of AI-Generated Voices in Robocalls
February 08, 2024

The Federal Communications Commission (FCC) has made it illegal to use artificial intelligence (AI)-generated voices in robocalls. 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
TCH: CFPB Data Rule Will Require Stronger Public-Private Collaboration to Safeguard Consumer Interests
February 08, 2024

Anticipation looms within the financial industry as the Consumer Financial Protection Bureau gears up to implement a rule governing consumer data sharing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
Report: Paytm Denies Claims of Foreign Exchange Rule Violations
February 05, 2024

Paytm, one of India’s leading digital payments firms, is reportedly under investigation by India’s financial crime-fighting agency for potential violations of foreign exchange rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
Paytm Vows to Keep Digital Wallet Working Amid Regulatory Challenges
February 02, 2024

Paytm, an India-based digital payments firm, is facing uncertainty regarding its license as the Reserve Bank of India ordered it to stop accepting deposits after Feb. 29. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...