The United Kingdom’s Financial Conduct Authority introduced new protections for payment firms’ customers. 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....
Six banks were rated “outstanding” in the latest list of banks examined for Community Reinvestment Act compliance by 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 PYMNTS...
The European Central Bank (ECB) reportedly plans to give banks more time to prepare for its supervisory examinations by notifying them of its schedule further in advance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
For open banking to function, traditional financial institutions and FinTechs must collaborate as data is passed from the traditional players to digital innovators, forging new products and services set on improving credit access, speeding payments and keeping customers loyal. Get the Full Story Complete the...
The Financial Technology Protection Act (H.R. 2384) was one of 12 financial services bills passed this week by the House of Representatives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The United Kingdom’s Financial Conduct Authority is inviting U.K. and Swiss firms to express their interest in providing cross-border services as part of a new agreement that will make it easier for these firms to do business in the two countries. Get the Full Story...
The European Commission reportedly does not plan to charge Big Tech companies a fee to cover the cost of monitoring their compliance with the Digital Markets Act, though some European lawmakers have lobbied for such a fee. Get the Full Story Complete the form to unlock this article...
The European Commission is reportedly likely to accept Apple’s changes to its App Store rules and fees, eliminating the threat of daily fines from the antitrust regulator. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Treasury Department plans to delay for two years the implementation of a new anti-money laundering rule focused on investment advisers while one of its bureaus, the Financial Crimes Enforcement Network (FinCEN), revisits the scope of the rule. Get the Full Story Complete the form...