The White House is pushing federal financial regulators to take a fresh look at the rules that shape how FinTechs work with banks, payment systems and the broader financial services sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
California regulators have ordered FinTech Yotta Technologies to pay $1 million, adding another enforcement action to the long fallout from the collapse of banking-as-a-service middleman Synapse. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Regulators in the United Kingdom said in a Monday (May 18) news release that they are ready to update the country’s 52-year-old Consumer Credit Act. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Cybersecurity, a voluntary digital ID and protections for small businesses will be the subjects of bills introduced in the United Kingdom’s Parliament. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Securities and Exchange Commission’s new director of the Division of Enforcement, David Woodcock, said Wednesday (May 13) that the agency’s focus is and will remain on protecting investors and safeguarding markets by stopping all forms of fraud and manipulation. Get the Full Story Complete the form to...
Apple is reportedly opposing Europe’s efforts to require Google to help its AI competition access its services. 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...
The Commodity Futures Trading Commission (CFTC) filed an amicus brief Tuesday (May 12) reaffirming its exclusive jurisdiction over prediction markets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Securities and Exchange Commission (SEC) Chairman Paul S. Atkins said Friday (May 8) that he believes the SEC must provide greater clarity around on-chain financial markets and that he continues to encourage Congress to pass the CLARITY Act to future-proof these efforts. Get the Full Story Complete...
The Securities and Exchange Commission (SEC) is investigating allegations of fraud in private credit markets, the agency’s chairman said Monday (May 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...