Legal & Regulation

Bank Regulation
AI, Security And Loosened Rules: How The US Wants To Boost FinTech
July 31, 2018

Loosening federal regulations, enacting national data breach protections and drafting “model laws” at the state level to reduce overlapping red tape, could help promote FinTech in the United States, according to report released Tuesday (July 31) by the U.S. Treasury Department. Get the Full Story...

CFPB
New Survey Shows Vast Amount Of Americans Support CFPB
July 31, 2018

The Consumer Financial Protection Bureau (CFPB) may be hated by Republicans and the Trump White House, but it turns out to have strong support among consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
Senator Mark Warner Drops New Policy Proposals For Regulating Tech
July 30, 2018

The team at Facebook is not having a great week, as it seems all of its recent data scandal chickens have come home to roost. Last Wednesday, its market cap took a $120 billion beating in the aftermath of earnings that fell short of revenue and earnings targets. Analysts say this is the...

Legal & Regulation
GDPR, Impactful And Showing Its Face(book)
July 30, 2018

A bit more than two months in, GDPR (shorthand for General Data Protection Regulation) is having an impact. Not surprising, as borne out by some (very) early numbers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Legal & Regulation
IBM Wins $83M In Patent Infringement Suit Against Groupon
July 30, 2018

International Business Machines was awarded an $83 million judgment in a patent court case lodged against daily deal website operator Groupon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Bank Regulation
U.K. Watchdog Proposes New Regulations On Lending Platforms
July 27, 2018

The U.K. watchdog in charge of investor oversight proposed tough new regulations regarding peer-to-peer (P2P) lending platforms, in a bid to help consumers wade through the new landscape, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...

ANTITRUST
European Commission Fines Asus, Denon & Marantz, Philips, Pioneer
July 24, 2018

The European Commission announced on Tuesday (July 24) that it fined, in four separate decisions, consumer electronics manufacturers Asus, Denon & Marantz, Philips and Pioneer for breaching EU competition rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
Regulators Eye Google, China’s Interest Rates, Crypto Risk Framework Looms?
July 23, 2018

In the regulatory realm (for Google, at least), call it a case of adding insult to inquiry. A bit of pun there, but the Federal Trade Commission (FTC) — in the wake of the $5 billion fine via the European Union (EU), centered on the Android...

Legal & Regulation
US Chamber Demands Crypto, ICO Regulation
July 23, 2018

The U.S. Chamber of Commerce is demanding clearer regulations for cryptocurrencies and any activities related to them, including initial coin offerings (ICOs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...