Regulation

Regulation
UK’s CMA Finds HSBC Failed to Share Payment Transaction Histories
July 25, 2023

The U.K.’s Competition and Markets Authority (CMA) has found that HSBC has breached an order that requires banks to send payment transaction histories to some customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Regulation
What’s Missing from America’s AI Safety Pledge? Any Mention of EU 
July 24, 2023

The U.S. has historically regulated technical innovations sector by sector, rather than by overall capability. 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
CFPB Head Doesn’t Want to Be ‘Cheerleader’ for Bank Mergers
July 20, 2023

America’s consumer watchdog says bank mergers are set to become much tougher to pull off. 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
FTC and DOJ Unveil Tougher Merger Oversight Rules
July 19, 2023

Federal regulators want the public’s input into new guidelines governing mergers. 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...

Regulation
TikTok Faces Scrutiny Over Compliance With EU Regulations
July 18, 2023

TikTok reportedly failed to fully pass a recent test conducted by the European Union’s governing body, raising concerns that the popular social media platform is not yet compliant with upcoming regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Regulation
FCA Proposes Consumer Duty on Social Media Financial Product Ads
July 17, 2023

The U.K.’s financial watchdog wants to crack down on illicit marketing of financial products on social media. 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
FTC Chair Lina Khan Faces Republican Scrutiny Over Budget Increase
July 13, 2023

Federal Trade Commission (FTC) Chair Lina Khan faced scrutiny from Republicans at a Thursday (July 13) House Judiciary Committee Oversight hearing. 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
CFPB Fines Bank of America $250 Million Over Junk Fees
July 11, 2023

The Consumer Financial Protection Bureau (CFPB) has ordered Bank of America to pay more than $250 million in penalties and restitution to customers. 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
EU and US Reach Much-Anticipated Data-Sharing Accord
July 11, 2023

In a victory for companies like Google and Meta, Europe and the U.S. have reached a data-sharing agreement. 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...