The Financial Stability Board (FSB) is set to deliver a report to the G20 in October, shedding light on the influence of social media in accelerating bank deposit outflows and the potential need for changes to liquidity rules. Get the Full Story Complete the form to unlock this article...
A federal appeals court has ordered an investigation into the collapse of bankrupt cryptocurrency exchange FTX. 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,...
The Consumer Financial Protection Bureau (CFPB) announced Friday (Jan. 19) that it has launched a lawsuit against Strategic Financial Solutions (SFS), charging it with running an illegal debt-relief business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The European Commission (EC) has invited comments on the commitments offered by Apple to address competition concerns related to access restrictions for contactless payments on mobile devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Sam Bankman-Fried’s parents say they can’t be held accountable for their son’s actions at FTX. 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...
Labels are popular on 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 completing this form, you agree to...
The White House wants to limit the overdraft fees banks can charge customers. 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...
The New York State Department of Financial Services (DFS) has announced that Genesis Global Trading will pay an $8 million penalty to the state and surrender its BitLicense. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Debit card users in nearly a dozen states have been granted the ability to pursue class-action claims against American Express. 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...