Legal & Regulation

CFPB
CFPB and EU Eye Consumer Risks of BNPL, AI and Digital Payments
April 11, 2024

Consumer protection officials for the United States and the European Commission have met to discuss three shared priorities: buy now, pay later (BNPL), digital payments and artificial intelligence (AI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

CFPB
CFPB Could Block Lenders From Charging for Title Insurance
April 10, 2024

America’s leading consumer watchdog is reportedly weighing a sweeping change to the title insurance industry. 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,...

CFPB
Legislation Seeks to Overturn CFPB Limits on Credit Card Late Fees
April 09, 2024

The fight over credit card late fees may go to Capitol Hill. 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
Oracle Introduces AI-Powered Anti-Money Laundering Service for Banks
April 08, 2024

Oracle Financial Services introduced an artificial intelligence-powered cloud service that helps banks mitigate anti-money laundering (AML) risks. 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...

CFPB
CFPB Late Fee Lawsuit Gets Sent Back to Texas
April 07, 2024

A federal lawsuit challenging new credit card late fee limits will remain in Texas. 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...

CFPB
CFPB Monitoring Potential Risk of ‘Discount Points’ Paid by Homebuyers
April 05, 2024

The Consumer Financial Protection Bureau (CFPB) is monitoring the increasing payment of “discount points” by homebuyers and the potential risk this may pose to consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CFPB
CFPB Monitoring Video Games, Virtual Worlds for Consumer Protection Compliance
April 04, 2024

The Consumer Financial Protection Bureau (CFPB) is monitoring video games and virtual worlds to ensure their compliance with federal consumer financial protection laws. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Legal & Regulation
Binance Executive Held in Nigeria Makes First Court Appearance
April 04, 2024

Binance’s head of financial crime compliance, Tigran Gambaryan, appeared in court in Nigeria for the first time Thursday (April 4). 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...

Legal & Regulation
Bankman-Fried Says He’s ‘Haunted’ by FTX Collapse
April 01, 2024

“I never thought that what I was doing was illegal.” 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...