Legislation

Legislation is law which has been promulgated by a legislature or other governing body or the process of making it. Before an item of legislation becomes law it may be known as a bill, and may be broadly referred to as "legislation", while it remains under consideration to distinguish it from other business.

Source: en.wikipedia.org

Durbin Sets Sights on Frequent Flyer Rewards and Takes CCCA Battle to the Skies
Durbin Sets Sights on Frequent Flyer Rewards and Takes CCCA Battle to the Skies
October 31, 2023  |  Loyalty & Rewards

The fight over the Credit Card Competition Act (CCCA) has taken to the skies. This week, Sens. Dick Durbin, D-Ill., and Roger Marshall, R-Kan., who...

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UK Will Regulate Crypto Like Other Financial Services
UK Will Regulate Crypto Like Other Financial Services
October 30, 2023  |  Cryptocurrency

The British government has unveiled its long-awaited plans for regulating cryptocurrencies. Included in that plan is the government’s intent to “bring a number of cryptoasset...

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2024 May Mark a Year of AI Regulations and Bring Clarity to Risks
2024 May Mark a Year of AI Regulations and Bring Clarity to Risks
October 26, 2023  |  Artificial Intelligence

Regulations over data, how it’s accessed and used — and especially, safeguarded — are changing rapidly.  And they’ll keep changing. In one recent example, the Consumer...

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Fed Proposes Slashing Debit Interchange Fees by 30%, to Review Caps Every Two Years 
Fed Proposes Slashing Debit Interchange Fees by 30%, to Review Caps Every Two Years 
October 25, 2023  |  Bank Regulation

The most significant overhaul of debit card interchange fees in more than a decade looms, where those fees may be cut by roughly 30%. In...

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Australia Considers Regulation of Digital Payment Services
Australia Considers Regulation of Digital Payment Services
October 11, 2023  |  Digital Payments

The Australian government has announced its plans to introduce new legislation that would empower the Reserve Bank of Australia to regulate digital payment services, including digital wallet...

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California Bans Junk Fees, Anticipating Federal Efforts
California Bans Junk Fees, Anticipating Federal Efforts
October 09, 2023  |  Legal

California will ban junk fees beginning July 1, after the state’s governor signed a bill into law on Saturday (Oct. 7).  This move comes in...

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US Redlines EU’s AI Act as Nations Strive to Balance Regulation With Innovation
US Redlines EU’s AI Act as Nations Strive to Balance Regulation With Innovation
October 09, 2023  |  artificial intelligence

Governments around the world are racing to regulate artificial intelligence (AI) and its groundbreaking innovations. But the technology’s hyper rapid pace of advancement — which...

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AI-Generated Ads Could Damage 2024 Election, Lawmakers Say
AI-Generated Ads Could Damage 2024 Election, Lawmakers Say
October 05, 2023  |  artificial intelligence

A pair of Democratic lawmakers want social media platforms to regulate artificial intelligence (AI)-generated election ads. U.S. Sen. Amy Klobuchar of Minnesota and U.S. Rep. Yvette Clarke of...

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Chicago Expected to Require Restaurants to Pay Standard Minimum Wage
Chicago Expected to Require Restaurants to Pay Standard Minimum Wage
October 03, 2023  |  Legal

Chicago is at the center of a heated debate over the practice of treating tips as wages. Lawmakers in the city are considering a new...

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