A number of financial institutions that, in the past, had settled misconduct charges levied by the New York State financial regulator have now gone off the wagon, so to speak, and have been identified as having committed “serious compliance failures,” that agency has determined. Get...
FinTech companies face a lot of barriers when entering the market, but one of the biggest comes in the form of regulation. But what if there was another (but still compliant) way? Jon Jones, President of Trulioo, joined Karen Webster, to discuss how “RegTech” is...
The CFPB has taken steps to crack down on mortgage servicers that aren’t keeping their technology up to date and, as a result, may be harming consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Countless concertgoers and theater attendees have been all set to pull the trigger on a Ticketmaster purchase when exorbitant processing and service fees made them think twice. For all that went ahead with those purchases from 1999 to 2013, Ticketmaster is finally paying back out...
Apple hasn’t quite smoothed out its regulatory issues in China. 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...
The New York legislature has given a thumbs-up to fantasy sports, passing a bill early Saturday (June 18) that explicitly legalizes and regulates fantasy sports betting in New York. It remains uncertain at this time if New York Governor Andrew Cuomo will sign the bill....
In a move aimed at the head of the Consumer Financial Protection Bureau, Director Richard Cordray is now the target of a dedicated television advertising campaign that alleges he is gunning to run for office as Ohio’s governor, with an eye on bringing legislation about...
Airbnb might soon be a thing of the past in New York City. 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....
Get ready for some sinking bank profits. The Wall Street Journal reported on Thursday (June 16) that accounting rules are taking effect that would ensure that banks would have to report loans going south much earlier than had been done before, which may push reserves...
