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Appeals Court Rules TikTok Ban Doesn’t Violate First Amendment
Appeals Court Rules TikTok Ban Doesn’t Violate First Amendment
December 06, 2024  |  Legal

A federal appeals court ruled Friday (Dec. 6) that the U.S. law requiring Chinese company ByteDance to sell its TikTok app or see the app banned in...

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FSOC: Agencies Need Power to Oversee Third-Party Service Providers
FSOC: Agencies Need Power to Oversee Third-Party Service Providers
December 06, 2024  |  News

The Financial Stability Oversight Council (FSOC) said Friday (Dec. 6) that Congress should pass legislation ensuring that relevant agencies have the examination and enforcement powers they...

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Swift: 1 Million ISO 20022-Formatted Messages Being Sent Daily
Swift: 1 Million ISO 20022-Formatted Messages Being Sent Daily
December 06, 2024  |  Payment Methods

With one year to go before the deadline to move to ISO 20022 for cross-border payments and reporting plus (CBPR+), more than 1 million ISO 20022-formatted...

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Google Sues CFPB, Calling Supervisory Designation Order ‘Government Overreach’
Google Sues CFPB, Calling Supervisory Designation Order ‘Government Overreach’
December 06, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) ordered federal supervision of Google on Friday (Dec. 6) after a contested designation. The regulator published an order establishing supervisory...

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Dojo and American Express Partner to Streamline Payments in UK
Dojo and American Express Partner to Streamline Payments in UK
December 06, 2024  |  Credit Cards

Payments technology provider Dojo reportedly has signed a new agreement with American Express that will help Dojo’s small business customers in the United Kingdom accept...

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Prima to Expand Supply Chain Integrator Offering Across North America
Prima to Expand Supply Chain Integrator Offering Across North America
December 06, 2024  |  Investments

Mexico City-based Prima has raised $23 million in funding to expand its offerings as a manufacturing and supply chain integrator across North America. The latest...

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PragmaGO to Expand B2B Embedded Finance Services After Omnicredit Acquisition
PragmaGO to Expand B2B Embedded Finance Services After Omnicredit Acquisition
December 06, 2024  |  Acquisitions

Polish FinTech PragmaGO has completed its acquisition of Romanian FinTech Telecredit IFN (Omnicredit), saying this move will help the company enter more markets in Central, Eastern...

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CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
CFPB Sues Comerica Bank Over Handling of Federal Benefits Program
December 06, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) sued Comerica Bank Friday (Dec. 6), alleging that the bank committed violations that include hanging up on customer service calls and...

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CFTC to Monitor Use of AI in Derivatives Markets
CFTC to Monitor Use of AI in Derivatives Markets
December 06, 2024  |  Regulation

The Commodity Futures Trading Commission (CFTC) is tracking the use of artificial intelligence (AI) in derivatives markets and intends to monitor CFTC-regulated entities’ use of the...

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