Legal & Regulation

Legal & Regulation
5 Things to Watch as Open Banking Gains Ground in the US
June 06, 2024

Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Legal & Regulation
Apple’s Payment Practices Target of Turkish Regulatory Probe
June 06, 2024

Turkey is the latest country to investigate Apple’s App Store payment rules. 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...

AML
Analysts Say Fines Could Rise as TD Bank Faces Additional Allegations
June 05, 2024

Toronto-Dominion Bank (TD Bank) reportedly could be facing fines of up to $4 billion in relation to money-laundering probes in the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Bank Regulation
CFPB to Consult Consumers and Small Businesses on Open Banking Standards
June 05, 2024

In the move to solidify the framework for open banking, the field for just who will help set the standards is wide open. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

CFPB
CFPB Aims to to Speed Shift to Open Banking in the U.S.
June 05, 2024

The Consumer Financial Protection Bureau (CFPB) has taken another step in its push to accelerate open banking. 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...

Legal & Regulation
Will Regulators’ Public Shaming Blunt Innovation?
June 05, 2024

The respective online “walls of shame” that U.S. and U.K. regulators have proposed to erect — spotlighting companies under various investigations — may have a chilling effect on competition and innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Legal & Regulation
US Lawmakers: Binance Executive Tigran Gambaryan ‘Wrongly Detained’ in Nigeria
June 05, 2024

Twelve members of Congress are calling on the Biden Administration to work to free Binance executive Tigran Gambaryan from detention in Nigeria, saying he is being wrongfully detained and may have contracted malaria. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
FTX Asks Judge to Stop Class Action Complaints
June 04, 2024

FTX reportedly aims to stop class action complaints and other lawsuits that target company insiders and venture capital firms accused of being involved in the collapse of the cryptocurrency exchange. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

CFPB
CFPB: Lenders Must Stop Hiding Unlawful Terms in Fine Print
June 04, 2024

The Consumer Financial Protection Bureau (CFPB) is warning businesses against hiding “unlawful or unenforceable terms” in contracts’ fine print. 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...