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...
PYMNTS Intelligence has spotlighted the appeal of on-demand wages, as the ability to break free from the two-week pay cycle allows workers to manage cash flow and their expenses in a more fluid manner. Get the Full Story Complete the form to unlock this article...
The United Kingdom’s Financial Conduct Authority (FCA) is establishing offices in the United States and the Asia-Pacific (APAC) region to offer services like helping firms navigate U.K. regulations to enter the U.K. market or raise capital. Get the Full Story Complete the form to unlock...
The Commodity Futures Trading Commission (CFTC) released an interpretive letter providing views on certain foreign exchange (FX) transactions. 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...
The European Union is reportedly preparing penalties against X that include a fine and demands for changes to the platform. 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...
The Justice Department reportedly told financial regulators that it didn’t have sufficient evidence to block the proposed merger between Capital One and Discover. 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...
The Senate Banking Committee voted Thursday (April 3) to advance President Donald Trump’s nominee as chair of the Securities and Exchange Commission (SEC), Paul Atkins, to the full Senate, which will vote whether to confirm the appointment. Get the Full Story Complete the form to...
The Securities and Exchange Commission (SEC) will reportedly restructure its regional offices so that fewer people report directly to the agency’s enforcement director. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The on-again, off-again saga of the Consumer Financial Protection Bureau (CFPB) continues. The Trump administration on Saturday (March 29) filed a claim in the U.S. Court of Appeals asking it to weigh in on a decision issued Friday that seemingly gave the agency a new...