In 2021, policymakers around the world raised concerns that crypto assets were too big to be left unregulated and regulation was needed to offer more security to investors and consumers. Most of the major economies promised new rules for 2022, and lawmakers are delivering. After...
The British government on July 19 set out plans to bolster the competitiveness of the U.K. as a global financial center to compete with Wall Street and consolidate its position in Europe after Brexit. Get the Full Story Complete the form to unlock this article...
The director of the Securities and Exchange Commission’s (SEC) enforcement division told a House subcommittee Tuesday (July 19) that he needs more people to handle the agency’s cryptocurrency actions — after nearly doubling the size of the unit in May. Get the Full Story Complete...
A 2018 internal memo written for Meta Platforms CEO Mark Zuckerberg and other company executives shows that Facebook was more concerned about business threats caused by its Instagram and WhatsApp apps and additional internal products than it was about competition with other social media platforms....
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 to receive marketing communications from PYMNTS and...
Victims of scams involving Zelle and other peer-to-peer (P2P) money transfer services could be getting new assistance from the Consumer Financial Protection Bureau (CFPB) by way of proposed increased requirements on banks. Get the Full Story Complete the form to unlock this article and enjoy...
Ride-hailing and food delivery platform Didi could be hit with fines exceeding $1 billion following a probe by Chinese regulators that lasted over a year and forced the company to stop adding new users. Get the Full Story Complete the form to unlock this article...
Real-time payments (RTP), account-to-account (A2A) payments and instant payments all refer to the ability to process payments in seconds. This is one of the next frontiers in retail payments in most countries around the world. It is already a reality in countries like the U.S.,...
Popular images of international crime fighting are usually replete with bank heists, gun fights, drug smuggling, and undercover agents in dark suits and shades. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
