Wells Fargo reportedly submitted a third-party review of its risk and control overhauls to the Federal Reserve, seeking to end the Fed’s cap on its assets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The U.S. government’s proposed ban on connected vehicle technology from China and Russia marks a significant shift in the approach to national security and cybersecurity within the automotive sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Federal Deposit Insurance Corp.’s (FDIC) recent proposal on recordkeeping for bank deposits received from third-party, nonbank companies is a step in the right direction. But work needs to be done in informing end users of the risks inherent in the relationships forged between banks...
The United Kingdom’s Financial Conduct Authority (FCA) proposed requiring payments and eMoney firms to participate in a client assets (CASS) system in which funds and assets are held on trust for consumers. Get the Full Story Complete the form to unlock this article and enjoy...
In a pivotal moment for data privacy and child protection, California Gov. Gavin Newsom recently made two contrasting decisions that highlight the complexities and competing interests in the realm of digital regulation. Get the Full Story Complete the form to unlock this article and enjoy...
Four lawmakers sent letters to the heads of financial regulators, asking for information about the development of the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin (SAB) No. 121. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Two of the European Union’s top regulators are stepping down from their posts. 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....
The Securities and Exchange Commission (SEC) said Macquarie Investment Management Business Trust (MIMBT) will pay $79.8 million to settle fraud charges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
European regulators want Apple to open its operating system to third-party developers. 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...