Cryptocurrency exchange KuCoin will exit the U.S. market for at least two years after its operator, Seychelles-based Peken Global Limited, pleaded guilty Monday (Jan. 27) to one count of operating an unlicensed money transmitting business. Get the Full Story Complete the form to unlock this article...
FinTechs are being effectively shut out of the process through which they can become players and introduce innovation within the traditional banking system — and regulatory headwinds are to blame. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
A faster, simpler path to obtaining bank charters would foster innovative financial services, keep this activity within the regulatory perimeter and enhance competition, Klaros Group Partner Michele Alt and seven banking and financial services lawyers said in an open letter published Monday (Jan. 27). Get...
The first week of Trump 2.0 started off with a bang — certainly as measured by the blizzard of executive actions that were signed by the new president. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The former head of the Federal Trade Commission (FTC) said private equity firms warrant closer White House attention. 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...
The President Donald Trump administration is reportedly struggling to select nominees to head the Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Americans are struggling to keep the cars they’re driving, the Consumer Financial Protection Bureau found. 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,...
President Donald Trump said Thursday (Jan. 23) that he has heard complaints from conservatives that Bank of America and other banks will not do business with them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Apple and Google, the tech giants behind massive mobile ecosystems, are facing dual antitrust probes in the U.K. 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...
