FinTech company Bank of London is reportedly being investigated by the Bank of England’s Prudential Regulation Authority (PRA) for unspecified “historic” events and for inaccurate record-keeping, lax regulatory reporting and governance failures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Welcome to another edition of Washington Weekly, the series in which PYMNTS CEO Karen Webster and QED Investors partner Amias Gerety start their conversation with a Manic Monday check-in. The weekly question: How manic is this Monday? Get the Full Story Complete the form to...
Whether a reworking or an outright rescission of the Consumer Financial Protection Bureau’s open banking rule is on the horizon, some of the most basic tenets of data-sharing underpinning financial innovation will be front and center throughout the next few months. Get the Full Story...
Three financial regulators are scrambling following the President Donald Trump administration’s latest round of personnel cuts. 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...
The Federal Trade Commission (FTC) said Wednesday (April 30) that it is sending $18.5 million in refunds resulting from a settlement it reached in June 2023 with Publishers Clearing House (PCH). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Cryptocurrency and FinTech executives say Great Britain has become an unwelcoming place for their businesses. 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,...
Wells Fargo said the Consumer Financial Protection Bureau terminated a consent order related to the company’s compliance risk management program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Trump Administration is streamlining some regulations to support the development of autonomous vehicles (AVs), Secretary of Transportation Sean Duffy said Thursday (April 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The European Commission fined Apple 500 million euros (about $566 million) and Meta 200 million euros (about $226 million) Wednesday (April 23), saying the companies violated the Digital Markets Act (DMA). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
