Fitness International, the operator of LA Fitness and other gym chains, said Wednesday (Aug. 20) that it will defend its practices in court after the Federal Trade Commission (FTC) sued the company and alleged that it makes it “exceedingly difficult” to cancel memberships. Get the...
From “winning the AI race,” to making America the “crypto capital” of the world, the 2025 political sphere has raised a host of implications for business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Securities and Exchange Commission (SEC) Commissioner Hester Peirce reportedly said Tuesday (Aug. 12) that the market will determine the winners among different forms of tokenized securities and other real-world assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Indian FinTech company Paytm said Tuesday (Aug. 12) that its payments subsidiary received “in-principle” authorization from the Reserve Bank of India (RBI) to operate as an online payment aggregator. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The U.K.’s Financial Conduct Authority (FCA) will continue to engage with the industry as it works to establish a new standard-setting body for open banking later this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The United Kingdom’s Financial Conduct Authority introduced new protections for payment firms’ customers. 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....
Six banks were rated “outstanding” in the latest list of banks examined for Community Reinvestment Act compliance by the Office of the Comptroller of the Currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The European Central Bank (ECB) reportedly plans to give banks more time to prepare for its supervisory examinations by notifying them of its schedule further in advance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
For open banking to function, traditional financial institutions and FinTechs must collaborate as data is passed from the traditional players to digital innovators, forging new products and services set on improving credit access, speeding payments and keeping customers loyal. Get the Full Story Complete the...
