Legal & Regulation

Legal & Regulation
Revolut Granted Permission to Delay Filing 2022 Accounts
September 19, 2023

British FinTech company Revolut has reportedly been granted permission to delay filing its 2022 accounts for the second consecutive year. 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...

Legal & Regulation
FTX Accuses Bankman-Fried’s Parents of Helping ‘Plunder’ Company
September 19, 2023

A new lawsuit accuses alleged cryptocurrency fraudster Sam Bankman-Fried’s parents of their own malfeasance. 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
Prescription or Principle: A Framework for Designing AI Regulation
September 18, 2023

By Travis LeBlanc, Jonas Koponen, Anna Caro and Mari Dugas 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...

Legal & Regulation
Ex-Wells Fargo Retail Banking Head Tolstedt Gets Probation
September 15, 2023

A former Wells Fargo executive has been sentenced to probation for her role in a scandal that rocked the bank in 2016. 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
IRS Boosts Safeguards on Tax Credit to Prevent PPP-Like Fraud
September 14, 2023

The Internal Revenue Service (IRS) has placed a moratorium on processing new claims for the Employee Retention Credit (ERC), a pandemic-era relief program, aiming to prevent a recurrence of the sort of fraud that happened around the Paycheck Protection Program (PPP). Get the Full Story Complete the form to unlock this...

Legal & Regulation
Report: Former Celsius Executive Pleads Guilty and Cooperates with Prosecutors
September 14, 2023

A former executive at now-bankrupt Celsius Network, Roni Cohen-Pavon, has reportedly pleaded guilty to criminal charges in the United States and has agreed to cooperate with prosecutors’ investigations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CFPB
CFPB Investigating Tuition Payment Plans and Practices of School-Based Lenders
September 14, 2023

The Consumer Financial Protection Bureau (CFPB) is looking into, and warning students about, the risks faced by students when entering into agreements with colleges for tuition payment plans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
Connecticut Department of Banking Issues Guidance on Small Loan Rules
September 13, 2023

The Connecticut Department of Banking has issued new industry guidance regarding the Small Loan Lending and Related Activities 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,...

Legal & Regulation
Google Defends Position on First Day of Antitrust Trial
September 12, 2023

During a high-stakes antitrust trial, a Google lawyer, John Schmidtlein, reportedly said that companies choose Google as their default search engine not because of a lack of competition but because it is simply the best option available. Get the Full Story Complete the form to unlock this article...