Not all states are at odds with the federal government over regulating prediction markets. Last week, North Carolina became the first state to formally recognize the authority of the Commodity Futures Trading Commission to oversee event market platforms like Kalshi and Polymarket. Get the Full...
The United Kingdom’s largest banks are no longer the only companies facing direct scrutiny over the resilience of the nation’s financial system. The cloud providers running much of their technology are now inside the regulatory perimeter, too. Get the Full Story Complete the form to...
European regulators are reportedly granting themselves more authority to police Big Tech’s consumer protection failures. 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,...
Apple has sued OpenAI and two of its employees, alleging that they stole trade secrets from Apple to support OpenAI’s development of 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....
The Federal Reserve has announced the leaders of five task forces that will examine the Fed’s methods, analytical tools and policy approaches and provide “candid feedback” for the Federal Open Market Committee. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Newspapers suing OpenAI for copyright infractions are reportedly now seeking sanctions against the AI startup. 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,...
The Consumer Financial Protection Bureau (CFPB) has submitted a request for information regarding credit card late fees and late payments, according to a Pending EO 12866 Regulatory Review posted by the Office of Information and Regulatory Affairs (OIRA). Get the Full Story Complete the form...
Block will pay $45 million to settle allegations from 46 states that the company misled consumers about the safety of its peer-to-peer payments app, Cash App, and failed to provide the fraud protection and resolution required by law. Get the Full Story Complete the form to unlock this article...
A division of the Securities and Exchange Commission told UBS Group Wednesday (July 8) that it will not recommend that the regulator undertake enforcement action against an exchange of securities ordered by the Swiss Financial Market Supervisory Authority (FINMA). Get the Full Story Complete the...
