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...
The European Commission fined social platform X 120 million euros (about $140 million), saying it breached the Digital Services Act’s transparency rules, according to a Friday (Dec. 5) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Prediction market Polymarket said Tuesday (Nov. 25) that it received an approval from the Commodity Futures Trading Commission (CFTC) that positions the company to return to the United States under a fully regulated exchange structure. Get the Full Story Complete the form to unlock this...
The Federal Deposit Insurance Corp.’s latest board agenda reads like a preview of the next major regulatory issues looming for big banks, and by extension, their FinTech partners. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...