Regulation

Regulators Try to Clear ‘Fog’ Around Cloud-Based Financial Data
Regulation
Regulators Try to Clear ‘Fog’ Around Cloud-Based Financial Data
June 16, 2023

Regulators have grown uneasy about the risk that the cloud poses to the 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 required. yesSubscribe to our daily newsletter,...

AI Regulation: How Could It Impact Everyday Life for Consumers and Businesses
Regulation
AI Regulation: How Could It Impact Everyday Life for Consumers and Businesses
June 15, 2023

By Danni Yu & Benjamin Cedric Larsen 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, you agree to...

Lawmakers Introduce Legislation to Reform FinCEN and Protect Small Business Data
Regulation
Lawmakers Introduce Legislation to Reform FinCEN and Protect Small Business Data
June 12, 2023

In today’s fast-paced world, financial crimes are becoming increasingly common, and it’s crucial to safeguard consumers and businesses.  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...

FLEETCOR Agrees to Comply With Court Ruling in FTC Disclosure Practices Case
Regulation
FLEETCOR Agrees to Comply With Court Ruling in FTC Disclosure Practices Case
June 11, 2023

Payments company FLEETCOR says it has closed out a four-year legal battle with the FTC. 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....

Lawmakers Demand FinCEN Educate Businesses on Beneficial Ownership Reporting Requirements
Regulation
Lawmakers Demand FinCEN Educate Businesses on Beneficial Ownership Reporting Requirements
June 08, 2023

Lawmakers are demanding greater clarity on FinCEN’s forthcoming beneficial ownership reporting requirements. 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...

Credit Card Competition Act Puts Merchants, Not Consumers, in Charge of Card Rewards and Payments Security Decisions
Regulation
Credit Card Competition Act Puts Merchants, Not Consumers, in Charge of Card Rewards and Payments...
June 07, 2023

If at first you don’t succeed, try, try again. That seems to be the prevailing sentiment Wednesday (June 7) when it was announced that the Credit Card Competition Act legislation is being reintroduced on Capitol Hill.   Get the Full Story Complete the form to unlock this...

FTC Highlights Enforcement Actions Related to Financial Abuses
Regulation
FTC Highlights Enforcement Actions Related to Financial Abuses
June 07, 2023

The Federal Trade Commission (FTC) undertook enforcement actions around automobile purchasing and financing, payday lending, and credit repair and debt relief in 2022. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

UK Regulator: Banks Have Five Days to Reimburse Push Payments Fraud Victims
Regulation
UK Regulator: Banks Have Five Days to Reimburse Push Payments Fraud Victims
June 07, 2023

Authorized push payments (APP) fraud victims in the U.K. could soon see faster reimbursements. 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...

House GOP Crypto Bill Lays Out SEC and CFTC Roles
Regulation
House GOP Crypto Bill Lays Out SEC and CFTC Roles
June 04, 2023

House Republicans have unveiled legislation they say fills in gaps in the country’s cryptocurrency regulations. 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,...