Initial coin offerings, or ICOs, have been on the receiving end of much criticism and a growing amount of regulatory scrutiny. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Sen. Elizabeth Warren, putting more pressure on acting Consumer Financial Protection Bureau (CFPB) director, sent a letter asking Mick Mulvaney if he is helping the industries that he is supposed to be overseeing. Get the Full Story Complete the form to unlock this article and...
The deadlines for compliance with new European data regulations are right around the corner, and the impact of these changes won’t be limited to the European Union. According to Ethoca, neither should preparations for the shift. Get the Full Story Complete the form to unlock...
The Department of Labor is examining if Wells Fargo pushed retirement-planning customers into pricier accounts and toward buying more expensive investment funds, generating more fees for itself, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau (CFPB), said that the agency will likely shut down its public complaint database. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
LendingClub, the online lender that was once a favorite of Wall Street investors, saw its stock hit a record low on Wednesday (April 25) after it faced allegations by regulators in the U.S. that it was adding on hidden fees and charging borrowers even after...
The Supreme Court has ruled that lawsuits filed by victims of terrorist attacks and their families against Arab Bank cannot proceed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Mick Mulvaney, the acting director of the Consumer Financial Protection Bureau, urged executives in the banking industry to put pressure on lawmakers if they want to see their agendas realized, even saying as a lawmaker he would meet only with lobbyists that had contributed to...
Fiserv, the global provider of financial services technology, announced Wednesday (April 25) the launch of FinKit for Open Banking, which is aimed at helping financial institutions meet and keep pace with new regulations coming thanks to the open banking initiative. Get the Full Story Complete...
