Regulation

Regulation
Rep. Patrick McHenry Says CFPB Vilifies Financial Services Industry
November 29, 2023

House Financial Services Committee (HFSC) Chairman Patrick McHenry of North Carolina said Wednesday (Nov. 29) the Consumer Financial Protection Bureau (CFPB) is serving as a political actor rather than an independent financial regulator. Get the Full Story Complete the form to unlock this article and...

Regulation
FTC Issues $3 Million in Refunds for Leads Sold by HomeAdvisor
November 28, 2023

HomeAdvisor, a company affiliated with Angi (formerly known as Angie’s List), came under scrutiny by the Federal Trade Commission (FTC) for alleged deceptive marketing tactics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
FTC Seeks Ideas to Prevent Misuse of AI-Enabled Voice Cloning
November 16, 2023

The Federal Trade Commission (FTC) has taken a proactive stance in protecting consumers from the potential dangers of artificial intelligence-enabled voice cloning technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
Fed and CFPB Raise Dollar Thresholds for Lending, Leasing Rules
November 13, 2023

The Federal Reserve Board and the Consumer Financial Protection Bureau (CFPB) have raised the dollar thresholds for applicability of Truth in Lending and Consumer Leasing rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
CFPB’s New Rules Target 13 Billion Big Tech App and Digital Wallet Transactions
November 08, 2023

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Regulation
Fed’s Barr Calls for ‘Strong Federal Regulation of Stablecoins’
November 07, 2023

A leading financial regulator in the United States is issuing a warning about stablecoins. 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
CFPB Proposes Oversight for Big Tech and Digital Wallet Providers
November 07, 2023

In a move to ensure consumer protection and regulatory oversight, the Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer services like digital wallets and payment apps. Get the Full Story Complete the form to unlock this article and enjoy...

Regulation
King Charles’ First Speech Highlights Consumer Protections
November 07, 2023

The U.K.’s antitrust watchdog is on the cusp of new authority to crack down on tech giants. 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 OKs New Rules for Monitoring Non-Bank Financial Risk
November 05, 2023

American regulators approved new guidelines for monitoring financial risk following this year’s banking crisis. 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...