A legal battle over the Trump administration’s mass firings of staff at the Consumer Financial Protection Bureau is reportedly on hold because of the government shutdown. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Reddit has filed a lawsuit against Perplexity AI and three data scraping firms. It’s accusing them of harvesting Reddit content without authorization. The complaint, filed in the U.S. District Court for the Southern District of New York, alleges that the companies collected and resold data...
Apple lawyer Daniel Beard reportedly told the General Court in Luxembourg on Tuesday (Oct. 21) that the European Union’s Digital Markets Act “imposes hugely onerous and intrusive burdens” on the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Bank examiners offer an initial line of defense in spotting weaknesses that can ripple across the U.S. financial system. They scrutinize credit portfolios, cyber controls and the third-party vendors linking traditional banks to FinTech partners. Yet, as risk grows more digital and diffuse, the examiner...
The Securities and Exchange Commission’s corporate filings database, EDGAR, reportedly suffered “intermittent issues” on Monday (Oct. 20), making this financial information only sporadically available. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Watch more: Monday Conversation: Superintendent Adrienne Harris 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 form, you agree...
The former chief financial officer for Builder.ai has reportedly been subpoenaed by American prosecutors. 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...
Federal banking regulators’ efforts to reduce regulatory burdens and focus on material risks will save banks a lot of full-time equivalents, PNC Financial Services Group Chairman and CEO Bill Demchak said Wednesday (Oct. 15) during the bank’s quarterly earnings call. Get the Full Story Complete...
White House budget director Russell Vought announced Wednesday that he intends to shut down the U.S. Consumer Financial Protection Bureau (CFPB), a position that appears to contradict the Trump administration’s arguments in ongoing court proceedings, according to Courthouse News. Get the Full Story Complete the...
