Legal & Regulation

Legal & Regulation
FTC Begins Sending Consumers Refunds in ‘Made in USA’ Case
November 20, 2024

The Federal Trade Commission (FTC) is sending over $140,000 in refunds to consumers after taking action against companies that it alleged made false claims that their products were “Made in USA” or “Hand Crafted in USA.” Get the Full Story Complete the form to unlock...

Legal & Regulation
OCC’s Hsu Supports Chartering Regime for Nonbanks
November 20, 2024

Acting Comptroller of the Currency Michael J. Hsu said he supports “federal payments regulation and a chartering regime for nonbanks.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Bank Regulation
Revolut CEO: Growing Without Banking License Was ‘Wrong Decision’
November 20, 2024

Is U.K. FinTech startup Revolut pursuing a banking license in the U.S? 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...

CFPB
CFPB: Student Loan Servicers’ Autopay Errors ‘Completely Unacceptable’
November 19, 2024

The Consumer Financial Protection Bureau (CFPB) is seeing cases in which student loan servicers are withdrawing incorrect amounts from borrowers’ bank accounts and making other errors involving payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

ANTITRUST
Google-Anthropic Partnership Gets UK Antitrust Regulator Approval
November 19, 2024

The UK’s competition watchdog has cleared Google’s partnership with Anthropic. 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...

Legal & Regulation
Lawsuit Accuses Ticketmaster and Live Nation of ‘Racketeering Activity’
November 18, 2024

A new lawsuit brought by fans of Taylor Swift and other musicians reportedly accuses Ticketmaster and its parent company, Live Nation, of colluding with other organizations to drive up ticket prices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
Report: Trump and Coinbase CEO Brian Armstrong to Discuss Personnel Appointments
November 18, 2024

President-Elect Donald Trump reportedly is meeting with Coinbase CEO Brian Armstrong to discuss the incoming administration’s personnel appointments. 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,...

Bank Regulation
Chopra Calls for Deposit Insurance Reform Following Okla. Bank Failure
November 18, 2024

America’s top consumer watchdog is calling for deposit insurance reform. 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...

Legal & Regulation
FDIC Extends Comment Period for Proposed Custodial Account Recordkeeping Rule
November 18, 2024

The Federal Deposit Insurance Corp. (FDIC) has extended the public comment period for its proposed rule on recordkeeping for banks’ custodial accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...