The Consumer Financial Protection Bureau has been busy — with the latest salvo of (possible) rulemaking looming for buy now, pay later (BNPL) loans, earned wage access and other financial products. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The head of the FTC is imploring the incoming administration to continue her antitrust work. 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....
The legal battle between J.P. Morgan Chase and Greece’s Viva Wallet is not over. 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...
CBW Bank, with roughly $90 million in assets, filed a suit against the Federal Deposit Insurance Corp. (FDIC) contending that $20.4 million in penalties assessed against the bank for alleged failures over anti-money laundering (AML) efforts and deficiencies are both “unprecedented” and “unreasonable.” Get the...
The Consumer Financial Protection Bureau (CFPB) has recognized Financial Data Exchange (FDX) as a standard-setting body, allowing it to issue standards that companies can use to help them comply with the CFPB’s regulations. Get the Full Story Complete the form to unlock this article and...
The FTC says it has finalized a $7 million settlement with H&R Block. 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...
The former chief executive of MoviePass’ parent company has admitted to defrauding the company’s 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 Bank of England has reportedly announced plans to relax rules for banks and insurers. 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 119th Congress has now been seated, and is poised to consider, to take up — or to scuttle — financial services legislation that may touch on everything from credit cards to earned wage access (EWA) to digital assets. Get the Full Story Complete the...