Securities and Exchange Commission Chair Gary Gensler delivered his remarks on Thursday March 10 before the Investor Advisory Committee that was devoted to the use of artificial intelligence in robo-Advisory services and cybersecurity disclosures. Get the Full Story Complete the form to unlock this article...
FinTech OppFi Inc. on Monday (March 7) filed a complaint in Los Angeles Superior Court against California’s Commissioner of the Department of Financial Protection and Innovation (DFPI), in relation to the state’s interest rate caps on loans. Get the Full Story Complete the form to...
The advertising agreement between Alphabet’s Google and Meta’s Facebook is under investigation in parallel probes launched by the EU’s European Commission (EC) and the U.K.’s Competition and Markets Authority (CMA). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The National Institute of Standards and Technology (NIST), a non-regulatory agency of the U.S. Department of Commerce, on March 3 closed a public consultation on its Cybersecurity Considerations for Open Banking Technology and Emerging Standards report. Get the Full Story Complete the form to unlock...
South Korean telecommunication regulators have banned Apple Inc., Alphabet’s Google and other app store operators from forcing software developers to use their payments systems, The Korea Herald reported Thursday (March 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Amazon is likely to claim victory in a European Union antitrust court regarding its case to buy movie studio MGM for $8.5 billion, Reuters reported Wednesday (March 9). The European Commission will make its decision by March 15. Get the Full Story Complete the form to...
The road to payments processing is littered with potholes, and it appears Binance, the world’s top cryptocurrency exchange, drove into one Monday (March 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
A secret program overseen by Immigration and Customs Enforcement (ICE) covertly tracked and collected data on at least 200 million money transfers in the last dozen years without a warrant, the Wall Street Journal (WSJ) reported on Tuesday (March 8), citing a letter from Sen....
The Consumer Financial Protection Bureau (CFPB) opened an inquiry into buy now, pay later (BNPL) on Dec. 16, 2021. As part of that inquiry, the CFPB asked for five key BNPL providers to provide data intended to clarify the risks and benefits of this product...
