U.S. Rep. Maxine Waters, chair of the Committee on Financial Services, and Rep. Al Green, chair of the Subcommittee on Oversight and Investigations, released a report Friday (June 24) on the “meme stock” phenomenon involving GameStop and its impact on the economy. Get the Full...
U.S. Sens. Bob Menendez (D-N.J.) and Kevin Cramer (R-N.D.) have reintroduced the Payment Choice Act, a bill they first pushed forward about a year ago, in the hopes of giving customers the freedom to choose how they pay for goods and services. Get the Full...
Representatives from the FinTech industry are asking India’s central bank for more time to adhere to its new prepaid payment instruments (PPI) rule. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A new bipartisan privacy bill has been passed by a U.S. House of Representatives panel looking to limit collection of personal data, Reuters reported Thursday (June 23), though it may not become a law. Get the Full Story Complete the form to unlock this article...
The Securities and Exchange Commission (SEC) released yesterday, June 22, its regulatory priorities on its Spring 2022 Unified Agenda of Regulatory and Deregulatory Actions. This report lists short- and long-term regulatory actions that the agency plans to take in 2022. Get the Full Story Complete...
Switzerland’s top market regulator on Wednesday (June 22) pushed for regulators to do more to protect cryptocurrency investors from abuse in the $890 billion market that’s been plummeting for a week or so, according to a Reuters report. Get the Full Story Complete the form...
Today in TechREG, the Bank of England deputy governor compared the crypto crash with the dot-com bubble, saying that some of the crypto companies that survive now may become the future Amazon or eBay. Get the Full Story Complete the form to unlock this article...
TikTok will be boosting protections aimed to help children avoid persuasive ads on the platform, Reuters reported Tuesday (June 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Today in TechREG, the U.K. Payment Regulator on Tuesday (June 21) published more details of the upcoming market reviews on Visa and Mastercard’s processing fees and cross-border interchange fees. The U.K. also announced plans to adopt new regulation for unsecured short-term loans, including buy now,...
