New consumer privacy laws go into effect Thursday (Jan. 1) in Kentucky, Indiana and Rhode Island, each holding implications for banks, FinTechs and merchants. Together, they add to the growing patchwork of state-level privacy regimes payment processors must navigate, imposing new burdens on compliance departments....
Tokenization is steadily reshaping how financial assets are recorded and moved, and support from regulators is paving the way for wider use across financial services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The United Kingdom’s Financial Conduct Authority (FCA) said rule changes that will take effect in March 2026 will allow banks and payment service providers to set their own limits for contactless payments. Get the Full Story Complete the form to unlock this article and enjoy...
The Office of the Comptroller of the Currency terminated a July 2024 amendment to an October 2020 consent order with Citi having to do with deficiencies in the bank’s risk management systems. Get the Full Story Complete the form to unlock this article and enjoy...
Federal regulators are reportedly seeking information about Instacart’s artificial intelligence (AI) pricing tool. 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 United States Trade Representative (USTR) said Tuesday (Dec. 16) that the U.S. will consider imposing fees or restrictions on foreign companies in response to lawsuits, taxes, fines and directives imposed on U.S. service providers by the European Union (EU) and some EU member states....
When it comes to cryptocurrency, the Securities and Exchange Commission is increasingly trading in its stance of enforcement for one of education and enablement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Watch more: Monday Conversation With Michael J. Hsu 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 this form, you...
European Union finance ministers will reportedly press for simplification of the bloc’s financial services laws when the ministers meet on Friday (Dec. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
