Noting the rapidly changing banking landscape, the Office of the Comptroller of the Currency (OCC) has announced it will establish an Office of Financial Technology next year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The European Union (EU) reportedly aims to build a team comprised of 40 people to enforce the Digital Markets Act (DMA) rules aimed at Google, Meta, Amazon, Apple, Microsoft at other Big Tech firms. Get the Full Story Complete the form to unlock this article...
The Consumer Financial Protection Bureau (CFPB) is looking at ways to give consumers more control over their financial data. 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 Consumer Financial Protection Bureau (CFPB) is facing legal challenges to its very structure and its reach — and where it gets it funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Getting hit with an unexpected overdraft fee might be annoying, but according to America’s top consumer advocate, it’s probably also illegal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
New York State Superintendent of Financial Services Adrienne A. Harris has issued a revised proposed regulation that would allow the state’s Department of Financial Services (DFS) to collect data regarding how well New York-regulated banks are serving minority- and women-owned businesses. Get the Full Story...
The caps placed on stablecoins in the Markets in Crypto Assets Regulation (MiCA) legislation that is now being considered by the European Parliament are reportedly no sure thing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Federal Trade Commission (FTC) is taking action against both online alcohol marketplace Drizly and its CEO, James Cory Rellas, pointing to allegations that they were alerted to data security problems but failed to improve the company’s procedures before a data breach took place two...
In a bid to stop money launderers, South Korea’s Financial Services Commission (FSC) is planning a probe into the amount of stablecoins being used on crypto exchanges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
