Legal & Regulation

Legal & Regulation
Bankman-Fried Lawyers Ask Judge for Client’s Temporary Release
August 28, 2023

Sam Bankman-Fried’s lawyers say their client can’t assist in his defense from behind bars. 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...

AML
TD Bank Faces Anti-Money Laundering Probes From US Regulators
August 24, 2023

TD Bank has disclosed that it is cooperating with inquiries from regulators and law enforcement regarding its compliance with anti-money laundering rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Legal & Regulation
TikTok, Amazon, Google and More Scramble Before Launch of EU’s Tech Laws 
August 24, 2023

It is the European Union’s (EU) digital decade — and it starts Friday (Aug. 25).  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
Bankman-Fried Gears Up ‘Lawyers Made Me Do It’ Defense Strategy 
August 23, 2023

Sam Bankman-Fried is reportedly subsisting on “bread and water” in prison, and the alleged vegan fraudster’s legal defense might not have much more meat to it.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

CFPB
CFPB Targets Heights Finance for Alleged Illegal Loan Churning
August 22, 2023

The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Heights Finance Holding, formerly known as Southern Management, and several of its subsidiaries, charging they have engaged in illegal loan-churning practices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
Consumers’ Lower Restaurant Tips May Trigger Mandatory Minimum Wages
August 21, 2023

With consumers tipping less, restaurant owners are weighing the risks of alienating diners against workers seeking better pay arrangements. 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
Big Tech Faces ‘Glass-Steagall Moment’ in Europe
August 20, 2023

Big tech companies like Google and Apple will soon face sweeping new regulations in Europe. 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
States on the AI Beat: New Task Force Aims to Corral Emerging Tech
August 17, 2023

The digital age is reshaping behavioral norms and business opportunities.  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...

Legal & Regulation
Goldman Sachs Boosts Compliance Department Amid Regulatory Scrutiny of Industry
August 17, 2023

Goldman Sachs Group is reportedly adding staff to its compliance department amid increased scrutiny of the industry from the Federal Reserve. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....