Legal/page/5 news and trends

Connecticut Targets Prediction Markets’ Distribution Stack

September 14, 2026
Connecticut, AI legislation
Ninth Circuit Rules AI Agents Act on Behalf of Users, Not Developers
Artificial Intelligence // September 14, 2026

When an autonomous AI agent accesses a password-protected website, who actually does the accessing? According to the federal Ninth Circuit Court of Appeals, the person who directed the agent to access the site is the one responsible, not the company that developed the agent and...

Anchorage Digital Backs Lawsuit to Block Illinois Crypto Tax
Legal & Regulation // September 09, 2026

Federally chartered cryptocurrency bank Anchorage Digital submitted a declaration to a court in support of a lawsuit that aims to block an Illinois law that will tax crypto when it is exchanged, transferred or held in storage, the company said in a Tuesday (Sept. 8)...

Harvey Raises $550 Million to Bring AI to Law Firms
Investments // September 09, 2026

Legal industry-focused artificial intelligence startup Harvey is valued at $15.5 billion after raising $550 million, according to a Wednesday (Sept. 9) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

FTC Blocks Humboldt From High-Risk Merchants in $12 Million Settlement
Legal & Regulation // September 08, 2026

The Federal Trade Commission reached a settlement with payment processing company Humboldt Merchant Services that will see Humboldt pay $12 million and be permanently banned from processing payments for merchants with a heightened risk of potential fraud, the agency said in a Tuesday (Sept. 8)...

Interviews & Exclusives
Legal Departments Move From Testing AI to Governing It

August 17, 2026
For decades, the legal department was one of the last enterprise functions to adopt new technology at scale. The work was too nuanced, the stakes too high, and the profession too cautious. Generative AI changed the pace of experimentation. Agentic AI is changing the pace of deployment, and this week the Prompt Economy turns its […]

States Put Big Tech’s AI Advantage Under New Scrutiny

August 13, 2026
Watch more: TechReg With Tennessee Attorney General Jonathan Skrmetti Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Hospitals Can’t Outsource AI Accountability

July 29, 2026
Watch more: TechReg With Alaap Shah of Epstein Becker Green Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Healthcare AI Has Left the Lab. Now Comes the Hard Part.

June 19, 2026
Artificial intelligence in healthcare has evolved past a simple test-and-learn exercise. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Quick Reads
Anchorage Digital Backs Lawsuit to Block Illinois Crypto Tax

September 09, 2026
Federally chartered cryptocurrency bank Anchorage Digital submitted a declaration to a court in support of a lawsuit that aims to block an Illinois law that will tax crypto when it is exchanged, transferred or held in storage, the company said in a Tuesday (Sept. 8) blog post. Get the Full Story Complete the form to […]

Harvey Raises $550 Million to Bring AI to Law Firms

September 09, 2026
Legal industry-focused artificial intelligence startup Harvey is valued at $15.5 billion after raising $550 million, according to a Wednesday (Sept. 9) press release. Get the Full Story Complete the form...

FTC Blocks Humboldt From High-Risk Merchants in $12 Million Settlement

September 08, 2026
The Federal Trade Commission reached a settlement with payment processing company Humboldt Merchant Services that will see Humboldt pay $12 million and be permanently banned from processing payments for merchants...

Law Schools Outlaw AI Amid Fears of Stunted Academic Growth

September 07, 2026
Law schools in the United States have begun banning artificial intelligence in the classroom, according to a Financial Times column Monday (Sept. 7) by Patti Waldmeir. Get the Full Story...