Legal & Regulation

Legal & Regulation
China To Increase Regulation Of Financial Holding Companies
November 05, 2018

China is reportedly looking at new regulations that would impact Alibaba and Ant Financial in an effort to boost oversight of financial holding companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Legal & Regulation
Winklevoss Twins Sue Charlie Shrem Over Bitcoin Theft
November 05, 2018

The Winklevoss twins have filed a lawsuit against Charlie Shrem, accusing him of pocketing funds to purchase bitcoin for himself. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Legal & Regulation
Walmart Synchrony Lawsuit Has Been Filed
November 02, 2018

Walmart filed a lawsuit against Synchrony Financial, its credit card issuer for years, contending a breach of contract. The Wall Street Journal, citing the lawsuit filed in the U.S. District Court of the Western District of Arkansas Thursday (November 2), reported Walmart contends some of...

Legal & Regulation
Carl Icahn Sues Dell Over Plan To Go Public
November 01, 2018

Dell Technologies got slapped with a lawsuit by activist investor Carl Icahn Thursday (Nov. 1) over what the investor contends is a lack of proper disclosure of financial information on the part of Dell. Get the Full Story Complete the form to unlock this article and...

Bank Regulation
State Regulators Sue To Block FinTech Charters
October 30, 2018

In the latest salvo over awarding national bank charters to FinTechs spanning tech upstarts across online lending and various payments functions, the Conference of State Bank Supervisors (CSBS) filed suit late last week against the Office of the Comptroller of the Currency (OCC) over the...

Legal & Regulation
SoFi Settles With FTC Over Claims Of Deceptive Advertising
October 30, 2018

The Federal Trade Commission (FTC) announced that online student loan refinancer Social Finance (SoFi) has agreed to stop misrepresenting how much money it can save student loan borrowers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
Gab Goes Offline After PayPal, GoDaddy, Others Pull Support
October 29, 2018

Gab, the social network that had a big following among the far right, has been taken offline after GoDaddy, the domain provider, gave it 24 hours to find a new service provider. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
Auto-Tracking Road Warrior Employees As The Wheels Go ‘Round
October 29, 2018

A handful of states — most recently Illinois — have changed labor laws and business mileage reimbursement practices. Tracking gas costs, and paying employees for insurance and registration fees, is no easy task if done manually. Danielle Lackey, Motus’ chief legal officer, says technology and the...

Legal & Regulation
China Gives Nod To Wholly Owned Foreign Banks
October 26, 2018

Draft rules from the China Banking and Insurance Regulatory Commission (CBIRC) show that the regulator will relax at least some ownership rules for foreign banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...