About six weeks into his new role as Federal Reserve Vice Chair for Supervision, Michael Barr’s first speech focused on safety and fairness as he hinted at tougher oversight of cryptocurrency, bank mergers and climate change. Get the Full Story Complete the form to unlock...
A major Congressional effort to create regulations around stablecoins has hit a bump in the road, and while negotiations still ongoing, they are likely to extend beyond what the calendar allows. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Alloy, which works on helping banks and FinTechs with identity decisioning and threat selections with API service and SaaS, has a $1.55 billion valuation now after raising $52 million recently, a report said. Get the Full Story Complete the form to unlock this article and...
Back in June, the European Banking Authority (EBA) published its response to the European Commission’s call for advice on its review of the revised Payment Services Directive (PSD2). That review is set to lead to a re-revised payments services directive in the coming years that...
Federal authorities are investigating whether cryptocurrency exchange Binance violated the Bank Secrecy Act. 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....
African payments technology firm Flutterwave has been granted a Switching and Processing License by the Central Bank of Nigeria, which is widely considered the most significant payments processing license in the country. Get the Full Story Complete the form to unlock this article and enjoy...
U.S. Commerce Secretary Gina Raimondo met with CEOs from big names like Amazon and Apple in the early months of her tenure, which could be a point of critique for progressives, Bloomberg wrote. Get the Full Story Complete the form to unlock this article and...
California’s fast food restaurants are pushing back against a bill that passed in the state Senate Monday (Aug. 29), mandating new standards for fast food workers’ wages, schedules and working conditions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Companies have begun to lobby against India’s new digital lending rules after the regulations interrupted card services and put Amazon loan offerings in peril. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
