Legal & Regulation

Legal & Regulation
SS&C Disputes Data Misuse Damages and Asks $889 Million From BNY Mellon
February 05, 2024

Canadian FinTech SS&C is reportedly accusing banking giant BNY Mellon of data misuse. 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,...

Bank Regulation
Nium Looks to Expand in India With Payment Licenses
February 05, 2024

Nium has received new payments licenses in India as it looks to expand in that country. 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,...

Legal & Regulation
Report: Paytm Denies Claims of Foreign Exchange Rule Violations
February 05, 2024

Paytm, one of India’s leading digital payments firms, is reportedly under investigation by India’s financial crime-fighting agency for potential violations of foreign exchange rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Bank Regulation
Iran Reportedly Used UK Banking Giants to Avoid Sanctions
February 04, 2024

Iran reportedly used two of Great Britain’s largest banks to get around sanctions. 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....

Bank Regulation
Report: Paytm Rebuts Money Laundering Claims Amid RBI Probe
February 04, 2024

India’s banking regulator has reportedly found thousands of Paytm Payments Bank accounts created without proper identification. 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...

Legal & Regulation
Paytm Vows to Keep Digital Wallet Working Amid Regulatory Challenges
February 02, 2024

Paytm, an India-based digital payments firm, is facing uncertainty regarding its license as the Reserve Bank of India ordered it to stop accepting deposits after Feb. 29. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Legal & Regulation
Report: Paytm Bank Closure Was Result of Conflicts of Interest
February 01, 2024

For Indian regulators, Paytm Payments Bank was apparently too close with its parent company. 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...

Legal & Regulation
Regulator Closes Paytm’s Bank After ‘Persistent Noncompliances’
January 31, 2024

India’s banking regulator ordered Paytm Payments Bank to stop conducting business. 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...

Legal & Regulation
Epic Games: Apple Not Complying With Outside Payment Rules
January 31, 2024

Apple said earlier this month it would open its App Store to permit outside payment options. 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,...