Legal & Regulation

Legal & Regulation
Meta Settles Landmark $1.4 Billion Biometrics Suit With Texas
July 30, 2024

Meta will pay a record $1.4 billion to settle a biometrics-related lawsuit in Texas. 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....

ANTITRUST
Google-Anthropic Partnership Catches Eye of UK Watchdog
July 30, 2024

Great Britain’s competition regulator is examining Google’s partnership with artificial intelligence (AI) startup 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...

CFPB
CFPB Rent-A-Center Affiliate Acima Lawsuit Claims Illegal Lending Practices
July 28, 2024

The Consumer Financial Protection Bureau (CFPB) has accused rent-to-own company Acima of tricking customers into high-cost financing agreements. 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...

Bank Regulation
US Regulators Issue Joint Statement on Bank-FinTech Partnerships
July 26, 2024

Three federal bank regulatory agencies said Thursday (July 25) that they are considering “additional steps” to ensure banks effectively manage risks associated with bank-FinTech arrangements. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Legal & Regulation
India’s Central Bank Fines Visa Over Payment Authentication
July 26, 2024

The Reserve Bank of India (RBI) said Friday (July 26) that it fined Visa Worldwide Pte. Limited for its use of an unapproved payment authentication solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
UK’s FCA Announces Proposals, Rules to Strengthen Capital Markets
July 26, 2024

The United Kingdom’s Financial Conduct Authority (FCA) proposed new rules on publishing a prospectus, raising capital and regulating secondary markets, and finalized new rules on investment research. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CFPB
CFPB Finds Junk Fees on the Menu of School Lunch Programs
July 25, 2024

Junk fees are taking a toll on lower-income parents trying to pay for school lunches. 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
UK Banking Giants Accused of Breaching CMA Rules
July 25, 2024

Four major U.K. banks have been accused of violating a regulator’s competition rules. 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....

ANTITRUST
Report: Meta Facing EU Fine for Linking Facebook and Marketplace
July 25, 2024

Meta Platforms is reportedly facing its first antitrust fine in the European Union (EU). 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....