A major Congressional effort to create regulations around stablecoins has hit a bump in the road, and while negotiations still ongoing, they are likely to extend beyond what the calendar allows. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The United Kingdom’s antitrust watchdog said Microsoft’s $69 billion acquisition of video game maker Activision Blizzard could hinder competition and warrants further investigation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Alloy, which works on helping banks and FinTechs with identity decisioning and threat selections with API service and SaaS, has a $1.55 billion valuation now after raising $52 million recently, a report said. Get the Full Story Complete the form to unlock this article and...
Back in June, the European Banking Authority (EBA) published its response to the European Commission’s call for advice on its review of the revised Payment Services Directive (PSD2). That review is set to lead to a re-revised payments services directive in the coming years that...
The Federal Trade Commission (FTC) says it has ordered personal finance company Credit Karma to pay a $3 million penalty for telling consumers they were pre-approved for credit cards for which they were not actually qualified. Get the Full Story Complete the form to unlock...
Federal authorities are investigating whether cryptocurrency exchange Binance violated the Bank Secrecy Act. 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....
African payments technology firm Flutterwave has been granted a Switching and Processing License by the Central Bank of Nigeria, which is widely considered the most significant payments processing license in the country. Get the Full Story Complete the form to unlock this article and enjoy...
U.S. Commerce Secretary Gina Raimondo met with CEOs from big names like Amazon and Apple in the early months of her tenure, which could be a point of critique for progressives, Bloomberg wrote. Get the Full Story Complete the form to unlock this article and...
Washington, D.C. is suing technology executive Michael J. Saylor and data tracking company MicroStrategy — which Saylor co-founded — alleging that Saylor evaded D.C. income taxes while living in the district and that the company conspired to help him do so. Get the Full Story...
