Some of the biggest banks in Europe are urging regulators to increase oversight of large technology companies that are moving into the financial services market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Office of the Comptroller of the Currency (OCC) issued a new guidance encouraging banks to offer responsible short-term, small-dollar loans to their customers. The guidance did not change any regulation, but clarified the regulator’s stance on the loans, Reuters reported. Get the Full Story...
As his successor is expected to be confirmed soon, Federal Deposit Insurance Corp. Chairman Martin Gruenberg faced questions about having a future leadership role at the agency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
In order to prevent cybersecurity attacks, U.K. banks are going to have to take chances investing in new technologies at a time when the banks are spending more than the country’s prison system is spending to fight crime. Get the Full Story Complete the form to...
With Europe’s new data protection law coming into effect this week, activists are aiming to turn the tables on big companies that have long harvested data on customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A bill that would give regional banks a break on regulation won approval in the U.S. House of Representatives on Tuesday (May 22), with the bill now headed to President Trump for his expected signature. Get the Full Story Complete the form to unlock this...
Against the backdrop of social media controversy — remember Facebook, of course, and 87 million users’ data exposed to Cambridge Analytica — oversight is tightening in Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The U.K. is introducing new laws to make social media safer. 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. By completing...
While U.S. states got the nod from the Supreme Court to allow betting on sporting games, it still faces challenges as to how those bets are placed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...