News

CFPB
CFPB Requests $145 Million in Funding After Court Order
January 11, 2026

Russell T. Vought, the acting director of the Consumer Financial Protection Bureau (CFPB), has requested a $145 million transfer from the Federal Reserve to fund the agency for the second quarter of fiscal 2026. The Jan. 9 request follows a federal judge’s order that CFPB...

Security & Fraud
Treasury Fraud Probe Seeks Info From Minnesota Money Transmitters
January 11, 2026

The U.S. Treasury is investigating what it calls “rampant benefits fraud” in Minnesota. 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 newsletter, PYMNTS Today....

Social Commerce
Musk Says X Will Open Source Its New Algorithm
January 11, 2026

Elon Musk says his social media platform X will open its new algorithm to the public. 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...

Retail
Inside the NFL’s Strategy to Monetize Every Second of Super Bowl Week
January 10, 2026

The Super Bowl has always been a game. 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 newsletter, PYMNTS Today. By completing this form, you...

Retail
Saks Global Weighs Competing Bankruptcy Financing Offers
January 09, 2026

Saks Global is reportedly weighing two competing offers of bankruptcy financing packages as it prepares to file for bankruptcy. 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...

IPO
Agibank May Postpone US IPO After Brazil’s Social Security System Finds Irregularities
January 09, 2026

Brazilian FinTech Agibank reportedly may postpone a planned initial public offering (IPO) in the United States after Brazil’s social security system suspended one of the firm’s main businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Regulation
Ripple Secures Electronic Money Institution License and Crypto Asset Registration in UK
January 09, 2026

Ripple received permissions that allow it to scale Ripple Payments, its cross-border payment solution that uses digital assets, in the United Kingdom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
Senate Sets Dueling Markups for High-Stakes Crypto Market Regulation
January 09, 2026

This January is crunch time for the Senate on cryptocurrency market regulation efforts. 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 newsletter, PYMNTS Today....

Investments
Rain Raises $250 Million to Scale Platform for Launching Stablecoin Cards
January 09, 2026

Rain raised $250 million in a Series C funding round to scale its infrastructure for stablecoin payments and add new capabilities and products. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...