The Office of Management and Budget (OMB) published on June 21 the Consumer Financial Protection Bureau’s (CFPB) Spring 2022 regulatory agenda, and surprisingly, only five rules have been included in the list, despite the CFPB’s crowded policy agenda. Get the Full Story Complete the form...
The European Banking Authority (EBA) published on Thursday, June 23 an opinion in response to the European Commission’s call for advice on the upcoming review of the Payment Services Directive (PDS2). The opinion, far from being a mere reply to fulfill its statutory duties, contains...
Crypto is increasingly taking center stage in the European Union, as talks on the Markets in Crypto Asset Regulation (MiCA) legislation are reaching their endgame. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Today in TechREG, regulators in Australia have received a formal complaint against the biggest retailers in the country for using a facial recognition technology that they said is “unreasonable intrusive.” A French regulator is facing backlash due to its Binance decision. China is seeking feedback...
U.S. Rep. Maxine Waters, chair of the Committee on Financial Services, and Rep. Al Green, chair of the Subcommittee on Oversight and Investigations, released a report Friday (June 24) on the “meme stock” phenomenon involving GameStop and its impact on the economy. Get the Full...
U.S. Sens. Bob Menendez (D-N.J.) and Kevin Cramer (R-N.D.) have reintroduced the Payment Choice Act, a bill they first pushed forward about a year ago, in the hopes of giving customers the freedom to choose how they pay for goods and services. Get the Full...
Representatives from the FinTech industry are asking India’s central bank for more time to adhere to its new prepaid payment instruments (PPI) rule. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
U.S. legislators say they are getting closer to adopting what could be the biggest anti-money laundering (AML) reforms in decades. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
A new bipartisan privacy bill has been passed by a U.S. House of Representatives panel looking to limit collection of personal data, Reuters reported Thursday (June 23), though it may not become a law. Get the Full Story Complete the form to unlock this article...
