Regulation

Regulation
UK’s FCA to Investigate Demands for Personal Guarantees on Business Loans
March 05, 2024

The United Kingdom’s Financial Conduct Authority will investigate the use of personal guarantees by lenders for small business loans. 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...

Regulation
EU Could Add X and ByteDance to Digital ‘Gatekeeper’ List
March 03, 2024

X, ByteDance and Booking.com could be added to the European Union’s “gatekeeper” list. 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...

Regulation
Paytm Ends Some Inter-Company Agreements With Paytm Payments Bank
March 01, 2024

Indian digital payments provider Paytm has announced that it will be cutting back on its business ties with its banking affiliate, Paytm Payments Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Regulation
UK Electronic-Money Company Transactive Systems to Cease Operations
February 28, 2024

Transactive Systems, an electronic-money company in the United Kingdom, is reportedly ceasing operations following the revocation of one of its licenses due to concerns about money laundering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Regulation
Capital One Says Repair of Discover’s Regulatory Challenges a ‘Big Undertaking’
February 27, 2024

Capital One expects the process of fixing Discover Financial’s regulatory challenges to be long and expensive. 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
HFSC Chairman Patrick McHenry Reintroduces Legislation to Create Regulatory Sandboxes
February 27, 2024

The Financial Services Innovation Act will again be considered by the U.S. House of Representatives. 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....

Regulation
FSB: Money Market Vulnerabilities Could Cause ‘Larger Contagion’
February 27, 2024

The Financial Stability Board said regulations governing money market funds must be stronger. 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....

Regulation
India Cracks Down on ‘Sketchy’ FinTech KYC Rules
February 22, 2024

India’s banking regulator has made some high-profile enforcement moves in recent weeks. 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
Germany’s Financial Regulator BaFin Set to Relax Crackdown on FinTechs
February 21, 2024

Germany’s financial regulator, BaFin, is reportedly set to relax its crackdown on FinTechs. 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....