Legal & Regulation

Legal & Regulation
AI Startup Anthropic Faces Copyright Infringement Lawsuit From 3 Authors
August 20, 2024

Artificial intelligence (AI) startup Anthropic is reportedly the target of a copyright infringement lawsuit filed Tuesday (Aug. 20) in California. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Legal & Regulation
Shein Alleges Copyright Infringement in Lawsuit Against Temu
August 20, 2024

Fast-fashion giant Shein reportedly sued rival company Temu, alleging copyright infringement. 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...

Legal & Regulation
Thredd SVP Says FinTechs Need a Gut Check as They Safeguard Money Movement  
August 20, 2024

As the regulatory gaze sharpens on FinTechs, the companies themselves are mindful that they need new tools and a new approach to operations, in order to stay on the right side of the regulators. Get the Full Story Complete the form to unlock this article...

Bank Regulation
Compliance Remains a Constant for Bank-FinTech Partnerships
August 19, 2024

Rapid innovation cycles can often outpace the ability of risk management frameworks to adapt. 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
PSR Explores Expanding Variable Recurring Payments in UK
August 15, 2024

Great Britain’s payments regulator has taken another step in its variable recurring payments (VRP) project. 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,...

Legal & Regulation
CFIUS Fines T-Mobile $60 Million, Alleging Failure to Protect Data
August 15, 2024

Telecommunications company T-Mobile was fined $60 million by a U.S. regulator that said the company failed to prevent and report unauthorized access to sensitive data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Legal & Regulation
EU Banks Have ‘Serious Concerns’ About UK Transaction Fee Cap
August 14, 2024

European banks reportedly have issues with the U.K.’s plan to cap international digital transaction fees. 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,...

Legal & Regulation
FTC Offers Support to Epic Games in Battle With Google
August 13, 2024

The FTC has offered support to Epic Games in that company’s legal battle with Google. 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...

Legal & Regulation
CFTC: Cost Management Solutions Must Pay $100,000 for Failing to Register as Introducing Broker
August 12, 2024

The Commodity Futures Trading Commission (CFTC) said Monday (Aug. 12) that it required Cost Management Solutions (CMS) to pay a $100,000 civil monetary penalty after finding that the company failed to register as an introducing broker (IB). Get the Full Story Complete the form to...