The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) and three federal financial regulators proposed rules Tuesday (April 7) that they said will modernize their anti-money laundering and countering the financing of terrorism (AML/CFT) rules and allow financial institutions to focus on higher risks. Get the Full Story Complete...
The Federal Deposit Insurance Corporation (FDIC) has proposed a rule that would establish a prudential framework for FDIC-supervised permitted stablecoin issuers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
A federal appeals court has ruled for the first time that the Commodity Futures Trading Commission (CFTC) has exclusive jurisdiction over sports-related event contracts, Reuters reported Monday (April 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Credit union groups are continuing their campaign against an Illinois interchange fees law. 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....
Small businesses are increasingly at risk for litigation related to website tracking practices. 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....
Cryptocurrency exchange Coinbase last week won conditional regulatory approval for a national banking trust charter. 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,...
The Federal Trade Commission’s new strategic plan, which covers the next five years, modified the regulator’s mission statement by returning the phrase “without unduly burdening legitimate business activity,” FTC Chairman Andrew N. Ferguson wrote in a message presenting the plan. Get the Full Story Complete the form to unlock...
Perplexity went to a federal appeals court on Wednesday (April 1) seeking to overturn an injunction that bars its artificial intelligence (AI) shopping agent, Comet, from accessing Amazon, according to MediaPost. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Justice Department will appeal a judge’s ruling from March 26 that blocked the Trump administration’s ban on government use of Anthropic’s artificial intelligence (AI) technology, Bloomberg reported Thursday (April 2), citing a court filing. Get the Full Story Complete the form to unlock this article and...