Polish banks could face fines of up to 10% of their annual turnover if they make it difficult for mortgage holders to take advantage of payment holidays, the country’s consumer watchdog said Tuesday (July 26). Get the Full Story Complete the form to unlock this...
Titanium Blockchain Infrastructure’s (TBIS) CEO, Michael Alan Stollery, pleaded guilty Friday (July 22) for his role in a crypto fraud scheme in which he used investor funds for his own purposes, a press release from the Department of Justice (DOJ) said Monday. Get the Full...
The Commodity Futures Trading Commission (CFTC), which is one of the top U.S. crypto regulators, is bolstering its regulatory power with the new Office of Technology Innovation, according to remarks from CFTC Chairman Rostin Behnam Monday (July 25). Get the Full Story Complete the form...
Open banking continues to grow and so do regulatory frameworks that aim at fostering its use. 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...
This week, the U.K. government introduced the Financial Services and Markets Bill, which would amend banking regulations to include stablecoins as a new payment method. The bill will also pave the way for the Treasury to issue new crypto rules. In the U.S., lawmakers are...
The Consumer Financial Protection Bureau (CFPB) should use its authority under Regulation E and the Electronic Fund Transfer Act (EFTA) to protect consumers from payment scams on peer-to-peer (P2P) services like Zelle, according to a letter sent to the agency by six U.S. Senators, all...
American and Canadian cannabis companies saw their stocks rise Wednesday (July 20) ahead of a U.S. Senate hearing on possible federal marijuana decriminalization. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The U.K. is credited with launching the first regulatory sandbox in 2016, and since then the concept has spread across the world, with an additional 72 FinTech sandboxes implemented in close to 60 jurisdictions, according to World Bank data. Get the Full Story Complete the...
European Union antitrust regulators said they have found new evidence in an investigation into Apple prompted by streaming music rival Spotify. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
