Tokenization is steadily reshaping how financial assets are recorded and moved, and support from regulators is paving the way for wider use across financial services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Federal Deposit Insurance Corp. (FDIC) announced a consent order with Birmingham, Alabama-based SouthPoint Bank that concerns “charges of unsafe or unsound banking practices and/or violations of law or regulation relating to weaknesses in management, asset quality, capital, earnings, and liquidity/funding.” Get the Full Story...
Once sharply focused on an expansive enforcement agenda, the Consumer Financial Protection Bureau (CFPB) has reprioritized matters it pursues, amended or scaled back certain actions, and faces an (at best) uncertain environment as the new year dawns. Get the Full Story Complete the form to...
A key figure in the collapse of cryptocurrency exchange FTX is nearly set to leave prison. 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...
The Justice Department has reached a proposed settlement with LivCor as part of the department’s drive to halt what it alleged is a scheme among landlords to collaborate on setting rents. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The reporter who uncovered fraud at blood-testing startup Theranos is reportedly among a group of six writers who sued six artificial intelligence (AI) companies on Monday (Dec. 22), alleging that they trained their AI systems on copyrighted works without permission. Get the Full Story Complete...
Twenty-one states and the District of Columbia sued the Trump administration Monday (Dec. 22), aiming to stop what they said is illegal defunding of the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Consumer Financial Protection Bureau (CFPB) said Monday (Dec. 22) that certain earned wage access (EWA) products are not credit and are not covered by Regulation Z of the Truth in Lending Act. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Supreme Court is weighing the legality of the White House’s wide-ranging tariffs. 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....
