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...
Federal regulators are touting their efforts to ease rules governing community lenders. 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...
The British government shared plans to loosen so-called “ringfencing” rules for the country’s banks, the Financial Times reported Monday (May 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A federal judge ordered payment processing company Cliq to pay $6.5 million in a long-running case related to its fraud prevention measures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
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...
Two bills passed Tuesday (May 12) by the House of Representatives are only the latest efforts by lawmakers to cut red tape for smaller banks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
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...
