Regulation

FinTech Circle Applies for French License and Registration to Deploy its EUROC Stablecoin
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FinTech Circle Applies for French License and Registration to Deploy its EUROC Stablecoin
March 21, 2023

Circle is furthering its embrace of regulation by applying for approvals in France. 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...

Microsoft Preps Games Store to Take on Apple and Google
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Microsoft Preps Games Store to Take on Apple and Google
March 20, 2023

Microsoft will launch a games store for iPhone and Android devices in a bid to take on Apple and Google. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Biden Wants Tougher Penalties for Bank Executives; HFSC Announces Hearing
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Biden Wants Tougher Penalties for Bank Executives; HFSC Announces Hearing
March 17, 2023

The investigations into recent bank failures are just beginning. 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 completing this form,...

FCA Says Many Payments Firms’ Controls Aren’t ‘Sufficiently Robust’
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FCA Says Many Payments Firms’ Controls Aren’t ‘Sufficiently Robust’
March 17, 2023

A United Kingdom regulator has cautioned payments firms that it expects their controls to be “sufficiently robust.” 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...

For Banks, Guaranteeing 100% of Everyone’s Money Threatens Moral Hazard 
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For Banks, Guaranteeing 100% of Everyone’s Money Threatens Moral Hazard 
March 15, 2023

There are no guarantees in life, except for insuring bank deposits up to $250,000. 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...

FTC Says Epic Games Set to Refund $245 Million to Fortnite Players
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FTC Says Epic Games Set to Refund $245 Million to Fortnite Players
March 15, 2023

The Federal Trade Commission’s (FTC) multi-million case against Epic Games is winding down. 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....

NYDFS Secures $157.4 Million in Recoveries and Penalties in 2022
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NYDFS Secures $157.4 Million in Recoveries and Penalties in 2022
March 08, 2023

The New York State Department of Financial Services (DFS) secured $157.4 million in 2022. 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...

Report: Silvergate Works With FDIC Help to Stay Afloat
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Report: Silvergate Works With FDIC Help to Stay Afloat
March 08, 2023

Struggling crypto-friendly bank Silvergate Capital is reportedly working with U.S. regulators to stay in business. 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,...

Reserve Bank of India Imposes $375,000 Penalty on Amazon Pay
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Reserve Bank of India Imposes $375,000 Penalty on Amazon Pay
March 03, 2023

The Reserve Bank of India (RBI) has imposed a $375,000 penalty on Amazon Pay (India) Private Limited. 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...