Regulatory Oversight

CFPB Proposes Oversight for Big Tech and Digital Wallet Providers

CFPB Proposes Oversight for Big Tech and Digital Wallet Providers
CFPB Proposes Oversight for Big Tech and Digital Wallet Providers
November 07, 2023  |  Regulation

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...

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FTC Alleges Amazon Deployed Secret Algorithm to Raise Prices
FTC Alleges Amazon Deployed Secret Algorithm to Raise Prices
November 02, 2023  |  Legal

The Federal Trade Commission (FTC) reportedly unveiled details of a lawsuit against Amazon Thursday (Nov. 2), accusing the eCommerce giant of employing strategies to enhance its profits. Get...

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CFPB Director Calls for Stronger Data Protections
CFPB Director Calls for Stronger Data Protections
October 06, 2023  |  CFPB

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), has reportedly expressed concerns about the potential risks posed by payment systems that enable excessive surveillance and...

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Why Standardization Could Aid BNPL Customers
Why Standardization Could Aid BNPL Customers
March 31, 2023  |  BNPL

Regulators worldwide are bearing down on BNPL providers over concerns about overspending, debt accumulation, and privacy invasion. Omri Flicker, chief legal and risk officer at...

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