Legal & Regulation

Legal & Regulation
London Transport Regulator Rules In Favor Of Uber
July 07, 2014

Uber has won a round in its ongoing battle with licensed taxi services around the world. 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...

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DOJ (Mostly) Supports Bill Limiting Geolocation Data Use
July 07, 2014

With millions of Americans holding in their hands devices that can track their every move, and record their movements over time, the Federal Trade Commission has come out in support of draft legislation that would require consumers’ consent before companies could use their geolocation data....

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Court To Payday-Lending ‘Bullies’: You Can’t Touch This
July 03, 2014

For the sixth time, the Federation Trade Commission has charged a company with phantom debt claims in violation of the law. In the latest case, an Atlanta judge recently ordered a company’s owner to stop trying to collect on debts, which the FTC says never...

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DOJ vs. Amex: Will Amex Prevail?
July 02, 2014

It’s taken four years, but a civil antitrust case the Department of Justice filed against American Express in 2010 is set to go to trial on July 7. The DOJ wants Amex to allow merchants to let customers know they have options to pay that...

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PNC On Arbitration: Take It To The Supremes
July 01, 2014

For many banks, arbitration, which on its surface appears to be a viable economic alternative to litigation in customer-fee disputes, has turned out instead for many banks to create a litigation nightmare. As a result, many credit card issuers in particular have dropped arbitration clauses...

Legal & Regulation
California Throws Out Only Pay with US $ Law
June 30, 2014

Yesterday, Governor Jerry Brown signed a law, passed by the California legislature, which reversed an earlier law—seriously—that said you could only conduct transactions in California with greenbacks. No pesos, Canadian dollars, city currencies, reward points, and yes—no bitcoins, dogecoins, or any other cryptocurrency either. As...

Legal & Regulation
Bitcoin Tracker | Week 30
June 27, 2014

Intuit is “PayWithCoin” enabling small biz and the CFPB is giving this crypto currency a look-see. One family is taking its vacation this summer to places that only accept BTC but you’ll need cold hard cash to buy any of the stash seized by the...

Legal & Regulation
May U.S. Personal Income Outpaced Consumption Expenditures
June 27, 2014

The improving U.S. economy is having a positive effect on personal savings as well as wages and salaries, new government data show. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
New FDA Regulations Could Raise Costs For Fleet Owners
June 26, 2014

The U.S. Food and Drug Administration is considering new rules that will effect how food products are hauled long distance. The new regs have some fleet owners sweating, as the new requirements around refrigerating food, cleaning vehicles between loads, and food protection during transportation will...