Search for: "Kristian Soltes"
Results 41 - 60
of 84
Sorted by Relevance
|
Sort by Date
25 Jun 2021, 8:52 am
Legal and Regulatory Developments SPOTLIGHT: Federal Reserve Board Extends Comment Period on Proposed Changes to Regulation IIFederal Reserve Board – June 22, 2021 (click here for the Board’s Federal Register notice) The Federal Reserve Board announced on Tuesday that it will extend until August 11, 2021, the comment period for its proposed changes to Regulation II (Debit Card Interchange Fees and Routing) that would clarify that debit card issuers should enable, and allow… [read post]
18 Jun 2021, 8:16 am
Legal and Regulatory Developments SPOTLIGHT: Lina Khan, Prominent Big Tech Critic, Will Lead the FTCNPR – June 15, 2021 President Joe Biden has named Lina Khan as the chairwoman of the Federal Trade Commission, giving the regulatory authority’s top spot to one of Silicon Valley’s most prominent critics. [read post]
12 Nov 2021, 10:36 am
Legal and Regulatory Developments SPOTLIGHT: If You Use Venmo, PayPal or Other Payment Apps This Tax Rule Change May Affect YouCNN – November 9, 2021 If you’re among the millions of people who use payment apps like PayPal, Venmo, Square, and other third-party electronic payment networks, you could be affected by a tax reporting change that goes into effect in January. [read post]
24 Jun 2022, 7:23 am
Legal and Regulatory Developments SPOTLIGHT: UK Watchdog to Review Post-Brexit Visa and Mastercard FeesReuters – June 21, 2022 Britain’s payment systems regulator (PSR) will conduct two market reviews of card fees charged by Visa and Mastercard, the U.S. companies that account for 99% of debit and credit card payments in the UK. [read post]
29 Apr 2021, 8:26 am
Legal and Regulatory Developments SPOTLIGHT: Visa, Mastercard Face Biggest Challenges in a DecadeBanking Dive – April 22, 2021 Regulatory, legislative and court confrontations over the card networks’ fees are ratcheting up pressure again for reform of the behemoths’ practices. [read post]
9 Jul 2021, 10:11 am
Legal and Regulatory Developments SPOTLIGHT: Clash Over Debit Card Routing Persists In Comments to FedPayments Dive – July 8, 2021 Clashing comments have gushed into the Federal Reserve in the past two months over its proposal to clarify rules on the routing of debit card transactions, and they show familiar battle lines being drawn. [read post]
18 Feb 2021, 9:15 am
Legal and Regulatory Developments SPOTLIGHT: Feds Probing American Express’ Business, Consumer Card Sales PracticesThe Hill – February 12, 2021 American Express disclosed on Friday that several federal agencies are probing its sales practices for its small business credit cards and consumer cards. [read post]
4 Jun 2020, 7:30 am
Legal and Regulatory Developments SPOTLIGHT: How PayPal’s Case Against the CFPB Could Spawn ‘Uncomfortable’ Results for Payments Players Digital Transactions News – June 2, 2020 It was easy to lose track of it in the midst of all the impacts of the novel coronavirus, but a crucial federal lawsuit filed six months ago still hangs over the payments industry, carrying far-reaching implications for nearly all players. [read post]
13 Aug 2021, 8:15 am
Legal and Regulatory Developments SPOTLIGHT: Merchants Redouble Their Efforts to Push the Fed on Debit’s Routing and Pricing RulesDigital Transactions News – August 11, 2021 With a Federal Reserve deadline hitting Wednesday for comments on decade-old debit card regulations, large merchants are firing some last-minute salvos in hopes of influencing the Fed to make major revisions to rules governing transaction routing and pricing. [read post]
23 Jul 2020, 7:22 am
Legal and Regulatory Developments SPOTLIGHT: Open Banking for the Unbanked: How the Pandemic Is Affecting Innovation in LatAmPYMNTS – July 22, 2020 With nearly 50 percent of the Latin American population unbanked, there’s a growing appetite for mobile banking services. [read post]
14 Jan 2021, 9:14 am
Legal and Regulatory Developments SPOTLIGHT: Visa Will Not Acquire Plaid After Running Into Regulatory WallTechCrunch – January 12, 2021 Visa and Plaid called off their agreement this afternoon, ending the consumer credit giant’s takeover of the data-focused fintech API startup. [read post]
1 Oct 2021, 8:47 am
Legal and Regulatory Developments SPOTLIGHT: Alibaba Apps Start Offering WeChat Pay Option After Government OrdersReuters – September 28, 2021 China’s Alibaba Group Holding Ltd has begun offering payment services from Tencent Holdings Ltd’s WeChat on a number of its apps, after the government ordered major tech firms to stop blocking each other’s services and links. [read post]
3 Dec 2021, 9:49 am
Legal and Regulatory Developments SPOTLIGHT: 6 Ways the EU’s Digital Markets Act Will Change Big TechPYMNTS – November 29, 2021 The European Union’s Digital Markets Act is coming, and Big Tech will never be the same. [read post]
11 Feb 2021, 8:10 am
Legal and Regulatory Developments SPOTLIGHT: Big Banks, Big Tech Face off Over Swipe FeesAmerican Banker – February 7, 2021 The fees generated from consumers’ debit card spending have long been a source of acrimony between big banks and retailers. [read post]
23 Jul 2021, 8:38 am
Legal and Regulatory Developments SPOTLIGHT: DOJ Official Cites Efforts to Fight Anti-Competitive Practices as NRF Holds First Retail Law SummitNRF – July 21, 2021 A top Department of Justice official says the agency’s successful effort to keep credit card giant Visa from acquiring — and potentially shutting down — financial technology innovator Plaid shows how the nation’s antitrust laws can be used to encourage competition that benefits businesses and consumers alike.… [read post]
17 Dec 2021, 11:17 am
Legal and Regulatory Developments SPOTLIGHT: UK Government Outlines Plans for Regulation of Buy Now Pay Later IndustryThe Spectator – December 15, 2021 The buy now pay later industry has exploded in recent years, with the industry now worth $100 billion (circa £70 billion). [read post]
4 Mar 2021, 9:30 am
Legal and Regulatory Developments SPOTLIGHT: UK Launches Antitrust Probe Into AppleCNN Business – March 4, 2021 The United Kingdom’s competition watchdog has launched an investigation into Apple (AAPL) after app developers complained that they’re being forced to use the company’s payment systems and distribute their products via its App Store. [read post]
26 Aug 2021, 8:58 am
Legal and Regulatory Developments SPOTLIGHT: Outgoing NY Governor Signs Bill to Limit Overdraft Practices at State-Chartered BanksBanking Dive – August 20, 2021 New York Gov. [read post]
16 Oct 2020, 9:00 am
Legal and Regulatory Developments SPOTLIGHT: 10 Ways Fintech, Payments Are on the Ballot in the 2020 House ElectionPaymentsSource – October 11, 2020 As the House of Representatives enters the 2020 election season, the outcome stands to encourage or rein in a group of technology companies that are encroaching deeper into financial services. [read post]
25 Jun 2020, 8:00 am
Legal and Regulatory Developments SPOTLIGHT: Apple’s Easy Ride From U.S. [read post]
