A House Financial Services subcommittee hearing examined how much uncertainty banks must absorb as regulators overhaul their approach in real time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The FTC has written four payment companies warning them not to deny service to customers based on political/religious beliefs. 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...
The United Kingdom’s Financial Conduct Authority (FCA) plans to encourage innovation in payments this year by supporting the expansion of open banking, modernizing payments regulation, and exploring stablecoins and other tokenized payment instruments. Get the Full Story Complete the form to unlock this article and...
There could be more settlements of lawsuits alleging that social media companies design their platforms to be addictive following the success of such a lawsuit in a California court on Wednesday (March 25), The Wall Street Journal reported Wednesday. Get the Full Story Complete the...
New capital rules for U.S. banks could reportedly boost the private credit space. 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....
President Donald Trump has appointed 13 tech leaders to an advisory committee focused on strengthening American leadership in science and innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The Federal Trade Commission (FTC) said Tuesday (March 24) that it has reached a settlement with Air AI in which the company and its owners will be banned from marketing business opportunities. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Commodity Futures Trading Commission (CFTC) has launched a task force dedicated to advancing “clear rules of the road” for those who want to build novel products and technologies within U.S. derivatives markets. Get the Full Story Complete the form to unlock this article and...
The Federal Reserve’s internal watchdog has found that the central bank is taking longer to approve bank mergers and acquisitions than it did four years ago, despite launching a dedicated reform effort to speed things up. The finding lands at a moment of heightened scrutiny...