Legal & Regulation

Legal & Regulation
Anthropic and Authors Settle Copyright Infringement Lawsuit Targeting AI Training
August 26, 2025

Artificial intelligence (AI) startup Anthropic has reportedly settled a copyright infringement lawsuit brought by a group of U.S. authors. 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...

Legal & Regulation
FTC Begins Compensating Consumers After Settlement With Gig Work Platform Arise
August 26, 2025

The Federal Trade Commission (FTC) has begun sending over $6.7 million to consumers as part of its settlement with gig work company Arise Virtual Solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Legal & Regulation
Robinhood Sues States to Turn Sports Bets Into Wall Street Trades
August 25, 2025

The lines between the gamification of money and the monetization of gaming are increasingly blurring. 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,...

ANTITRUST
Elon Musk’s xAI Files Antitrust Lawsuit Against Apple and OpenAI
August 25, 2025

Elon Musk-owned companies X and xAI reportedly sued Apple and OpenAI, alleging that they operate an “anticompetitive scheme” in which Apple favors OpenAI and deprioritizes the artificial intelligence startup’s competitors in its App Store rankings. Get the Full Story Complete the form to unlock this...

Legal & Regulation
Open Banking Shaken by Market-Regulation Clash
August 25, 2025

Open banking in the United States is in flux, characterized by fragmented private efforts and escalating bank-FinTech tension, while Europe evolves under regulation-driven market frameworks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Bank Regulation
Visa Shifts Open Banking Focus Away From US
August 22, 2025

Visa shut its open banking business in the U.S., Bloomberg reported Friday (Aug. 22), citing unnamed sources. 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,...

CFPB
Synapse Faces CFPB Over Fund Reconciliation Gaps
August 22, 2025

The Consumer Financial Protection Bureau’s Thursday (Aug. 21) lawsuit against Synapse Financial Technologies highlights the accurate tracking and reconciliation of consumer funds within the evolving FinTech landscape. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Bank Regulation
Banks Petition OCC to Abandon State-Level Regulation
August 22, 2025

U.S. banks are reportedly lobbying for national standards that would limit the ability of states to make their own rules for the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Bank Regulation
Small Banks Brace for Big Bills in Open Banking Reset
August 22, 2025

With the Consumer Financial Protection Bureau reopening its open banking rule under Section 1033, the central questions over who pays for what data and how much it will cost banks and FinTechs will spark ferocious debate. Get the Full Story Complete the form to unlock...