News

CFPB
Report: CFPB Acting Director Tells Employees to Stop Working
February 10, 2025

The new acting director of the Consumer Financial Protection Bureau (CFPB), Russell Vought, reportedly told the agency’s employees Monday (Feb. 10) to stay out of the office and not perform any work tasks. Get the Full Story Complete the form to unlock this article and...

Banking
TD Bank Selling Charles Schwab Stake to Combat AML Fallout
February 10, 2025

TD Bank is reportedly selling its 10.1% stake in investment firm Charles Schwab. 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
With CFPB Closed, Open Banking Awaits Next Steps
February 10, 2025

The Consumer Financial Protection Bureau is shuttered — at least for now. 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...

CFPB
Treasury Union Files Suit to Combat CFPB Shutdown
February 10, 2025

The CFPB’s sudden weekend shutdown is now the subject of a federal lawsuit. 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....

Retail
Retail’s Digital Tipping Point: Payments Plus Rewards With a Lot More Mobile
February 10, 2025

Before the pandemic pushed us all to live life electronically, going shopping was an active pursuit. 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...

Security & Fraud
New Report Examines the Slick New Face of Digital Fraud
February 10, 2025

Scammers aren’t just throwing darts at a board anymore — they’re getting personal. 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....

Social Commerce
Musk Says He Has No Interest in Buying TikTok
February 09, 2025

Despite recent reports to the contrary, Elon Musk has no plans to buy TikTok. 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...

CFPB
CFPB HQ Shuts Down as Vought Freezes Enforcement
February 09, 2025

The Consumer Financial Protection Bureau’s (CFPB) new boss has put a hold on consumer protections. 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,...

IPO
Amid BNPL’s Surge, Stars Are Aligning for Klarna’s April IPO
February 07, 2025

On Friday (Feb. 7), markets swooned by roughly 1%, as measured by the S&P 500. 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,...