Legal & Regulation

ANTITRUST
Report: DOJ Sends Tech Companies Subpoenas in Nvidia Antitrust Probe
September 03, 2024

The Department of Justice (DOJ) has reportedly escalated its antitrust investigation of Nvidia. 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....

Legal & Regulation
HFSC to Hold Hearings on Decentralized Finance, ESG Standards
September 03, 2024

Subcommittees of the House Financial Services Committee (HFSC) will hold two hearings on Sept. 10, with one focused on decentralized finance and the other looking at environmental, social and governance (ESG) standards. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
SEC Says 6 Credit Rating Agencies Failed to Preserve Electronic Communications
September 03, 2024

The Securities and Exchange Commission (SEC) has charged six credit rating agencies with “significant” recordkeeping failures in maintaining and preserving electronic communications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Legal & Regulation
From Partnerships to Problem Banks: FDIC Report Looms Large
September 03, 2024

Technology and third-party relationships — with service providers and digitally-focused FinTechs — have helped transform banks’ operations. 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...

Legal & Regulation
CrowdStrike Faces ‘Daunting’ Legal Battles Beyond Potential Delta Suit
September 02, 2024

CrowdStrike faces numerous legal challenges from the glitch that caused a global tech outage. 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...

Legal & Regulation
Nigeria’s Tingo CEO Fined $250 Million Over ‘Fabricated’ FinTechs
September 02, 2024

A federal court has fined Nigerian businessman Dozy Mmobuosi $250 million following a fraud investigation. 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,...

CFPB
CFPB Seeks Developers’ Comments on Apple’s Rules on Tap-to-Pay Access
August 28, 2024

The Consumer Financial Protection Bureau (CFPB) is seeking public comment on Apple’s recently announced rules governing how financial companies and app developers offer tap-to-pay functionality on its devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
Nordea Reaches Settlement With New York DFS Over Compliance Failures
August 27, 2024

Nordea Bank Abp has reached a settlement with the New York State Department of Financial Services (DFS) after the regulator determined that the bank had compliance failures and failed to conduct proper due diligence of its correspondent bank partners.  Get the Full Story Complete the form...

Legal & Regulation
Report: JPMorgan Chase Faces Lawsuit Aimed at Cash Sweep Program
August 26, 2024

JPMorgan Chase is reportedly facing a lawsuit that alleges that the bank paid “unreasonably” low interest rates on accounts used in its cash sweep program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...