New York State Superintendent of Financial Services Adrienne A. Harris has issued a revised proposed regulation that would allow the state’s Department of Financial Services (DFS) to collect data regarding how well New York-regulated banks are serving minority- and women-owned businesses. Get the Full Story...
The caps placed on stablecoins in the Markets in Crypto Assets Regulation (MiCA) legislation that is now being considered by the European Parliament are reportedly no sure thing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Federal Trade Commission (FTC) is taking action against both online alcohol marketplace Drizly and its CEO, James Cory Rellas, pointing to allegations that they were alerted to data security problems but failed to improve the company’s procedures before a data breach took place two...
The Financial Services and Markets Bill is the centerpiece of the U.K. government’s post-Brexit regulatory architecture for financial services. 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...
Among the many ways digital technologies have shaped the way the world does business, the enhanced ability to collect and monetize customer data has been one of the most significant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
If there was at least some consensus that came out of last week’s D.C. FinTech Week confab, it’s that banks and the regulators that oversee them need to tread a fine line between innovation and risk. Get the Full Story Complete the form to unlock...
After his earlier remarks about partnerships between banks and FinTechs led members of the financial services industry and House Republicans to worry that he would discourage innovation, Acting Comptroller of the Currency Michael J. Hsu has reportedly explained that he wants to ensure that firms...
PayPal is apologizing for what it says is “confusion” over a new policy that threatened to fine customers and merchants for sharing what the company determined to be misinformation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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 agree to receive marketing communications from PYMNTS and...
