Search for: "Kristian Soltes"
Results 41 - 60
of 84
Sort by Relevance
|
Sort by Date
30 Jul 2021, 7:58 am
Legal and Regulatory Developments SPOTLIGHT: Why Biden’s Executive Order Is a Green Light for Us Open BankingFinextra – July 28, 2021 On July 9 2021, President Biden didn’t just throw a bone to US open banking, he underwrote the mortgage, laid the welcome mat, and set the table to officially welcome open banking to the neighbourhood. [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]
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]
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]
11 Jun 2021, 9:20 am
Legal and Regulatory Developments SPOTLIGHT: A Surcharging Bill Advances to the Colorado Governor’s DeskDigital Transactions News – June 9, 2021 Soon, there might be just two states that prohibit credit card surcharging with the passage Tuesday of a bill in Colorado that would permit the pricing strategy. [read post]
27 May 2021, 9:15 am
Legal and Regulatory Developments SPOTLIGHT: European Commission Plans to Hit Facebook With Official Antitrust ProbePYMNTS – May 26, 2021 The European Commission (EC) is launching an official investigation into allegations that Facebook engaged in anti-competitive behaviors, the Financial Times reported on Wednesday (May 26). [read post]
14 May 2021, 7:51 am
Legal and Regulatory Developments SPOTLIGHT: A Fed Report on Debit Costs Could Fuel a Movement to Reduce a Decade-Old Fee CapDigital Transactions News – May 10, 2021 Pressure may be building on the Federal Reserve to take action on a debit card interchange-fee regulation that it has left intact for 10 years despite sweeping changes in the payments business, including an onrush of e-commerce transactions over the past year. [read post]
6 May 2021, 8:24 am
Legal and Regulatory Developments SPOTLIGHT: Retail Organizations Sue Fed Over Debit Law EnforcementRetail Dive – April 30, 2021 Two retail associations sued the Federal Reserve Board of Governors April 29 over what they claim is a failure by the federal agency to properly enforce a federal law that caps the fees that can be charged on debit transactions. [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]
22 Apr 2021, 8:58 am
Legal and Regulatory Developments SPOTLIGHT: At Congressional Hearing, Panelists Question Why Crypto and Fintech Firms Need Bank LicensesThe Block – April 15, 2021 Congress collected feedback from legal minds on how fintech firms may use or abuse banking licenses. [read post]
16 Apr 2021, 8:43 am
Legal and Regulatory Developments SPOTLIGHT: Insider’s Report On Payments: Interchange in the CrosshairsThe Green Sheet – April 12, 2021 The major card brands are on the hot seat. [read post]
1 Apr 2021, 8:44 am
Legal and Regulatory Developments SPOTLIGHT: Retail Groups Seek to Protect Merchants in Ongoing Swipe Fee LitigationChain Store Age – March 31, 2021 The nation’s two largest retail trade are objecting to the scope of proposed class-action swipe fee litigation. [read post]
25 Mar 2021, 8:06 am
Legal and Regulatory Developments SPOTLIGHT: A DOJ Investigation of Visa Is the Latest Chapter in a Long History of Probes Into Network PoliciesDigital Transactions News – March 22, 2021 The news that the U.S. [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]
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]
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]
28 Jan 2021, 9:34 am
Legal and Regulatory Developments SPOTLIGHT: UK Merchants to Face Post-Brexit Fee Increase From MastercardBusiness Insider – January 26, 2021 In response to Brexit, Mastercard is reportedly planning to increase fees for UK online card purchases. [read post]
21 Jan 2021, 9:06 am
Legal and Regulatory Developments SPOTLIGHT: CFPB Under Chopra Will Be Aggressive Consumer Watchdog, Experts SayCompliance Week – January 19, 2021 Rohit Chopra, currently a Democratic commissioner on the Federal Trade Commission, has been nominated by President-elect Joe Biden to lead the Consumer Financial Protection Bureau (CFPB). [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]
