Legal & Regulation

Legal & Regulation
FTC Begins Sending Refunds to Consumers in Career Step Settlement
March 12, 2025

The Federal Trade Commission (FTC) said Wednesday (March 12) that it is sending more than $15.5 million in refunds to consumers after reaching a settlement with online career-training company Career Step in July. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
UK’s Starmer Axes Payment Systems Regulator
March 11, 2025

Turns out the appetite for financial deregulation stretches across the Atlantic. U.K. Prime Minister Keir Starmer on Tuesday (March 11) announced plans to abolish the Payment Systems Regulator (PSR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
Trump Says Higher Tariffs Will Draw More Manufacturing to US
March 11, 2025

President Donald Trump said Tuesday (March 11) that the tariffs his administration is imposing will pay off in investments in American factories and jobs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Bank Regulation
Report: Fed Governor Michelle Bowman Likely Pick for Vice Chair for Bank Supervision
March 11, 2025

Federal Reserve Governor Michelle Bowman is reportedly the front-runner to become the next vice chair for bank supervision. 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...

Legal & Regulation
Brazil to Consider Requiring FinTechs to Report Transaction Values
March 11, 2025

The head of Brazil’s tax revenue service, Robinson Barreirinhas, said Tuesday (March 11) that evidence of money laundering may require the country to once again consider requiring FinTechs to report transaction values. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
New York Sues Allstate and National General Over Data Breaches
March 10, 2025

Several insurance companies doing business as National General and Allstate are facing a lawsuit in which the New York State Attorney General alleges that they failed to protect the personal information of consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Legal & Regulation
Blackstone Gains SEC Approval for New Private Credit Solution
March 10, 2025

Blackstone Credit and Insurance said it gained approval from the Securities and Exchange Commission for its private credit solution that will invest across private corporate credit, asset-based and real estate credit, structured credit and liquid credit. Get the Full Story Complete the form to unlock...

Legal & Regulation
What FinTech Regulation and the Trucking Industry Have in Common
March 10, 2025

The deregulation of financial services — and particularly of FinTechs — may be viewed by some as a reaction to overregulation, where innovation has been stifled.  Strides are being made in the current administration to chip away at a flurry of regulations and mandates from...

Legal & Regulation
DOGE Wins Court Battle but Remains Blocked From Payment System
March 07, 2025

The Department of Government Efficiency (DOGE) reportedly won a court battle Friday but is still blocked from accessing the Treasury payment system by an earlier ruling in another court. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...