Legal & Regulation

Bank Regulation
Inspector General Warns FDIC Oversight Failures Endanger Banks
August 18, 2025

The expansion of banking ecosystems has long been in place as financial institutions (FIs) link with providers to fine-tune and modernize operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
Litigation Finance Firm Burford Eyes Ownership of Law Firms
August 17, 2025

Non-lawyers are largely forbidden from owning law firms in the United States. 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...

Legal & Regulation
Roblox Denies Louisiana’s Allegation That Gaming Platform Lacks Safety Protocols
August 15, 2025

Roblox responded Friday (Aug. 15) to a Louisiana lawsuit alleging that the company fails to protect children on its interactive online gaming platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

CFPB
CFPB Can Resume Firing Employees
August 15, 2025

A federal appeals court ruled Friday (Aug. 15) that a lower court lacked the jurisdiction to temporarily block President Donald Trump’s firings of employees at the Consumer Financial Protection Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

CFPB
Banks Challenge Open Banking Deadlines as CFPB Mulls Revisions
August 14, 2025

Even as the Consumer Financial Protection Bureau signals its intent to overhaul its sweeping open banking rule, U.S. banks say they risk spending millions of dollars as soon as next year to comply with a regulation the agency itself has declared unlawful and ripe for...

Legal & Regulation
SEC Commissioner Says Regulator ‘Willing to Work With’ Tokenized Real-World Assets
August 12, 2025

Securities and Exchange Commission (SEC) Commissioner Hester Peirce reportedly said Tuesday (Aug. 12) that the market will determine the winners among different forms of tokenized securities and other real-world assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
Paytm Payments Services Wins Long-Awaited Payment Aggregator Authorization
August 12, 2025

Indian FinTech company Paytm said Tuesday (Aug. 12) that its payments subsidiary received “in-principle” authorization from the Reserve Bank of India (RBI) to operate as an online payment aggregator. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

CFPB
Update: CFPB Opens Comments on Nonbank Regulation
August 11, 2025

The Consumer Financial Protection Bureau (CFPB) has started the ball rolling on a process that would conceivably roll back supervision in key sectors of payments and lending — to the point where only the largest players would fall under the oversight of the agency. Get...

Bank Regulation
Bank of England Denies Conflict With Government Over Revolut Banking License
August 08, 2025

Bank of England Gov. Andrew Bailey reportedly denied a media report that the central bank and the U.K. government had a “falling out” over delays in allowing Revolut a full banking license. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...