Rohit Chopra, President Biden’s nominee to lead the Consumer Finance Protection Bureau (CFPB), looks to be close to approval by the Senate, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The increasing links between financial institutions and Big Tech, particularly in cloud computing, is alarming — and regulators need to sit up, the European Banking Authority (EBA) warned on Tuesday (Sept. 21). Get the Full Story Complete the form to unlock this article and enjoy...
The Securities and Exchange Commission (SEC) has charged three people along with an issuer with conducting a fraud scheme to sell almost $2 million in unregistered securities in two crowdfunding offerings connected to cannabis and hemp companies, according to a press release. Get the Full...
A group of U.S. state attorneys general sent a letter to lawmakers to urge them to pass bills to make antitrust laws stronger, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. 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,...
U.S. banking lobby groups want to nix a proposal for bank account reporting that’s part of the congressional reconciliation package. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Chinese regulators are defending their crackdown on industries that have disrupted the market as they speak with Wall Street executives, saying the new rules aren’t supposed to crush tech companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The U.S. Treasury Department is expected to impose sanctions and issue new guidance to stop ransomware hackers from profiting from attacks, the Wall Street Journal reported on Friday (Sept. 17). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Federal Trade Commission (FTC) staff members are due to present the outcome of a review of Big Tech deals that were too small to warrant antitrust review. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...