Legal & Regulation

Bank Regulation
Report: Feds Probed Signature Bank Money Laundering Controls
March 15, 2023

Signature Bank was reportedly the target of a criminal investigation prior to its downfall. 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...

Bank Regulation
Nigeria Greenlights Open Banking to Deepen Financial Inclusion, Boost Innovation
March 09, 2023

Open banking is now live in Nigeria, the first country to adopt open banking regulations in the Africa region. 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
NYDFS Secures $157.4 Million in Recoveries and Penalties in 2022
March 08, 2023

The New York State Department of Financial Services (DFS) secured $157.4 million in 2022. 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...

CFPB
CFPB Unearths Junk Fees in Mortgages and Auto Loans
March 08, 2023

America’s consumer protection watchdog says an examination has uncovered illegal fees in several industries. 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...

Legal & Regulation
Report: Silvergate Works With FDIC Help to Stay Afloat
March 08, 2023

Struggling crypto-friendly bank Silvergate Capital is reportedly working with U.S. regulators to stay in 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,...

Legal & Regulation
FTX Crypto Bankruptcy Filing Shows $8.6 Billion Shortfall 
March 06, 2023

If FTX was founder Sam Bankman-Fried’s alleged personal piggy bank, it wasn’t refilled. 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
Railsbank Reportedly Seeking Sale Through an Insolvency Process
March 03, 2023

Railsbank Technology is reportedly close to being sold through an insolvency process. 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...

Bank Regulation
Senators Warn Regulators on Zelle Fraud Risks
March 03, 2023

Five Senate Democrats are sending a warning on Early Warning Services’ Zelle. 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
Reserve Bank of India Imposes $375,000 Penalty on Amazon Pay
March 03, 2023

The Reserve Bank of India (RBI) has imposed a $375,000 penalty on Amazon Pay (India) Private Limited. 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...