Legal & Regulation

Bank Regulation
UK Regulator Fines Barclays $10.3M for Violating Card-Fee Rules
December 02, 2022

The U.K.’s payments regulator has fined Barclays 8.4 million pounds ($10.26 million). 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
US Lawmakers Say FinTechs in PPP Acted ‘Recklessly’
December 01, 2022

A U.S. House subcommittee said FinTech companies facilitated fraud in the Paycheck Protection Program (PPP). 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
Court Orders FinTech Block to Provide Emails to CFPB 
December 01, 2022

A federal court has ruled that FinTech Block must provide information to a regulator.  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....

Legal & Regulation
South Dakota Governor Bans TikTok From State Devices
November 29, 2022

South Dakota Gov. Kristi Noem has banned the use of TikTok on state devices.  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
BaFin Helps German FinTechs Navigate Regulatory Landscape With New Innovation Hub
November 29, 2022

“Innovation is key to any market’s survival.” 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...

Legal & Regulation
Virtu Financial Launches Freedom of Information Act Suit Against SEC
November 29, 2022

Virtu Financial has launched a lawsuit against the Securities and Exchange Commission (SEC). 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....

Legal & Regulation
British Court Denies Mastercard Appeal in $19B Class-Action Lawsuit
November 29, 2022

A British court has denied Mastercard’s appeal that’s part of a 16-billion-pound (about $19 billion) class-action suit. 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...

AML
Jyske Bank Accused of AML Violations by Danish Regulators
November 28, 2022

Danish regulators have reported Jyske Bank for possible anti-money laundering (AML) violations.  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
Singapore’s Temasek Explains Its Due Diligence Following FTX Losses
November 28, 2022

After Singapore’s state-owned investor Temasek wrote off its $275 million stake in now-bankrupt cryptocurrency exchange FTX, some of the country’s legislators are reportedly questioning the organization’s due diligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...