Regulation

Regulation
FSB Tackles Stablecoin Risks in Emerging Markets
June 17, 2024

The Financial Stability Board (FSB) is taking a closer look at stablecoin use in emerging markets. 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...

Regulation
Apple’s App Store, Meta’s AI Assistant Face Challenges in Europe
June 14, 2024

Two American tech giants are reportedly facing new regulatory challenges in Europe. 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...

Regulation
5 Things to Watch as Open Banking Gains Ground in the US
June 06, 2024

Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Regulation
Apple’s Payment Practices Target of Turkish Regulatory Probe
June 06, 2024

Turkey is the latest country to investigate Apple’s App Store payment rules. 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...

Regulation
Will Regulators’ Public Shaming Blunt Innovation?
June 05, 2024

The respective online “walls of shame” that U.S. and U.K. regulators have proposed to erect — spotlighting companies under various investigations — may have a chilling effect on competition and innovation. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
Reimbursement Backlash Forces Hemsley Out at UK’s Payment Systems Regulator
June 02, 2024

The managing director of Great Britain’s Payments Systems Regulator (PSR) is reportedly stepping down. 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...

Regulation
Will FinCen’s Customer Identification Program Burden Banks and Consumers?
May 24, 2024

The fight between financial institutions and fraudsters is an eternal one, and a key battlefield remains identifying customers at the initial point of interaction and onboarding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Regulation
European Data Protection Authorities to Investigate OpenAI’s ChatGPT
May 24, 2024

A task force of the European Data Protection Board (EDPB) released a report that will guide member countries’ data protection authorities (DPAs) as they investigate OpenAI’s chatbot, ChatGPT. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Regulation
CFPB Orders Western Benefits Group to Cease Operations, Pay $400,000
May 20, 2024

The Consumer Financial Protection Bureau ordered Western Benefits Group to permanently cease operations and to pay a $400,000 penalty. 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...