Legal & Regulation

Legal & Regulation
Report: Experian Faces Class-Action Lawsuit Over Security Concerns
August 07, 2022

Consumer credit bureau Experian is facing a class-action lawsuit over allegations that it didn’t do enough to prevent identity thieves from sabotaging peoples’ accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
Bankruptcy Court Says Voyager Digital Can Return $270M to Customers
August 05, 2022

Cryptocurrency firm Voyager Digital has received approval from the U.S. Bankruptcy Court in New York to return $270 million in cash to its customers, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

CFPB
CFPB Probes Goldman’s GM, Apple Credit Card Business Practices
August 04, 2022

Goldman Sachs said Thursday (Aug. 4) it is cooperating with an investigation by the Consumer Financial Protection Bureau (CFPB) into its credit card business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
Coinbase to Supreme Court: Stop 2 User Lawsuits in Crypto Cases
August 03, 2022

Coinbase Global wants the U.S. Supreme Court to end two users’ lawsuits against the cryptocurrency exchange until the company is done with its appeals that it hopes will send those cases to arbitration. Get the Full Story Complete the form to unlock this article and...

CFPB
TCH Asks CFPB to Define Larger Participants in Aggregation Services Market
August 02, 2022

The Clearing House has petitioned the Consumer Financial Protection Bureau (CFPB) to make new rules around aggregation services, or third-party companies dealing with peoples’ financial data, many of which aren’t looked into closely by the CFPB. Get the Full Story Complete the form to unlock...

Legal & Regulation
Chinese Grocery Service Missfresh Faces Multiple Lawsuits
August 02, 2022

Chinese grocery delivery company Missfresh is facing lawsuits from both laid-off employees and investors, alleging unpaid salaries and violations of securities laws. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
Robinhood Crypto Unit Faces $30M Fine for AML, Cybersecurity Violations
August 02, 2022

The New York State Department of Financial Services (NYDFS) has fined the cryptocurrency trading unit of online brokerage Robinhood $30 million for alleged violations of anti-money laundering (AML) and cybersecurity regulations, The Wall Street Journal (WSJ) reported Tuesday (Aug. 2). Get the Full Story Complete...

Legal & Regulation
India Expands Compulsory eInvoicing to Plug Revenue Leaks
August 02, 2022

Businesses in India with an annual turnover of Rs 10 crore and above will be mandated to use electronic invoicing as of Oct. 1 in a move by the Central Board of Indirect Taxes and Customs (CBIC) intended to plug revenue leakages and facilitate compliance. Get the...

ANTITRUST
Amazon Hires Ex-GOP Aide in Fight Against Antitrust Bill
August 01, 2022

Amazon has reportedly hired Judd Smith, a former counsel to the Senate Judiciary Committee, in an effort to fend off an antitrust bill aimed at Big Tech. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...