The European Commission is reportedly likely to accept Apple’s changes to its App Store rules and fees, eliminating the threat of daily fines from the antitrust regulator. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Treasury Department plans to delay for two years the implementation of a new anti-money laundering rule focused on investment advisers while one of its bureaus, the Financial Crimes Enforcement Network (FinCEN), revisits the scope of the rule. Get the Full Story Complete the form...
A dispute between stablecoin issuer Circle and financial advisory firm Financial Technology Partners (FT Partners) reportedly spilled into the courts, with the companies engaged in a lawsuit over millions of dollars in advisory fees. Get the Full Story Complete the form to unlock this article...
America’s treasury secretary says the entire Federal Reserve needs to be examined. 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...
Federal authorities have accused the former head of clothing tech company CaaStle of defrauding investors. 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,...
The United Kingdom’s Financial Conduct Authority fined Barclays 42 million pounds (about $56 million) for financial crime control lapses. 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...
Outgoing OCC head Rodney Hood says his tenure was marked by expanding digital assets efforts and embracing bank-FinTech collaborations. 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...
For banks doing business in the private credit market, and in working with nonbank firms, the leverage used by those intermediaries poses risks to stability on the international stage. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Consumer Financial Protection Bureau (CFPB) and retail pawn store operator FirstCash said Friday (July 11) that they reached a settlement on FirstCash’s alleged violations of the Military Lending Act (MLA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...