investigations

Sen Warren Urges CFPB to Develop Stronger Rules for P2P Payments

Sen Warren Urges CFPB to Develop Stronger Rules for P2P Payments
Sen Warren Urges CFPB to Develop Stronger Rules for P2P Payments
October 28, 2022  |  Bank Regulation

Three weeks after releasing a report focused on frauds and scams on Zelle, U.S. Sen. Elizabeth Warren has sent a letter to the Consumer Financial...

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British Court Shuts Down Crypto Trading Firm PGI Global UK
British Court Shuts Down Crypto Trading Firm PGI Global UK
October 27, 2022  |  Cryptocurrency

Cryptocurrency trading firm PGI Global UK Ltd was shut down by the United Kingdom’s High Court Sept. 13, with the court saying that the company...

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Korean Regulators to Probe Stablecoin, Money Laundering Link
Korean Regulators to Probe Stablecoin, Money Laundering Link
October 24, 2022  |  AML

In a bid to stop money launderers, South Korea’s Financial Services Commission (FSC) is planning a probe into the amount of stablecoins being used on...

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Peloton Updates Recall Regulatory Hangover 
Peloton Updates Recall Regulatory Hangover 
September 07, 2022  |  Retail

Peloton Interactive has included in a filing with the Securities and Exchange Commission (SEC) up-to-date information on the status of a Consumer Product Safety Commission...

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FTC Lawsuit Shows Faith in Meta’s Trillion-Dollar Metaverse Ambitions
FTC Lawsuit Shows Faith in Meta’s Trillion-Dollar Metaverse Ambitions
July 28, 2022  |  Facebook / Meta

The Federal Trade Commission (FTC) just sued to block Meta from acquiring a VR company, saying it would put the social media giant “one step...

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Law Firm Probes Zelle’s Unauthorized Fraud Reimbursement Position
Law Firm Probes Zelle’s Unauthorized Fraud Reimbursement Position
July 06, 2022  |  Cybersecurity

A San Francisco law firm says it is investigating the fraud reimbursement practices of a number of major American banks that use the Zelle peer-to-peer...

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Big Tech Weekly: Google Faces EU Regulator Crackdown on 2 Fronts
Big Tech Weekly: Google Faces EU Regulator Crackdown on 2 Fronts
June 24, 2022  |  Big Tech

In the latest chapter of Alphabet’s mounting European Union antitrust concerns, the Google Maps platform comes under scrutiny from the German competition watchdog and the...

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TechReg Weekly EMEA: Apple, Google, Meta Offer Commitments to End EU Probes
TechReg Weekly EMEA: Apple, Google, Meta Offer Commitments to End EU Probes
June 17, 2022  |  Technology

This week, Big Tech firms seem to have coordinated to offer remedies to EU regulators to end different antitrust probes as Amazon, Meta and Google...

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