Legal & Regulation

Legal & Regulation
Wisconsin Sues 5 Prediction Markets, Alleging Illegal Sports Betting
April 24, 2026

Wisconsin sued five prediction market platforms and their affiliates Thursday (April 23), alleging that they operate illegal sports betting operations in the state. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Bank Regulation
Banks Can’t Outsource Judgment to Algorithms
April 24, 2026

The growing reliance on automated customer interactions across banks and retailers is now being matched by a change in supervisory expectations, one that places continuous oversight at the center of financial operations. Get the Full Story Complete the form to unlock this article and enjoy...

AML
Treasury Chief Says Smarter AML Starts With Better Identity
April 23, 2026

A Wednesday (April 22) hearing on sanctions and illicit finance placed the machinery of anti-money laundering (AML) under scrutiny, as lawmakers and Treasury officials examined whether existing frameworks are keeping pace with the speed and structure of modern payments. Get the Full Story Complete the...

Bank Regulation
FDIC Finds Steep Rise in Loans From Banks to Nonbanks
April 23, 2026

A new FDIC report monitors the sharp rise in lending from banks to nonbanks. 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...

Legal & Regulation
AI Startup Mercor Faces Lawsuit Over Data Breach
April 23, 2026

AI training feedback startup Mercor is reportedly facing legal action following a data breach. 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...

AML
FAFT Wants Italy to Strengthen Money Laundering Protections
April 23, 2026

A global financial crime watchdog wants Italy to get tougher on money laundering. 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....

Legal & Regulation
CFPB Final Rule on Credit Unchanged From Industry-Supported Proposal
April 22, 2026

The Consumer Financial Protection Bureau (CFPB) published its final rule on the Equal Credit Opportunity Act (Regulation B) on Wednesday (April 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Legal & Regulation
Labor Department Proposes Unified Joint Employer Standard
April 22, 2026

The Department of Labor has proposed a rule clarifying joint employer status under federal wage and hour laws, saying the proposal would make it simpler for employers to comply with the laws and for employees to understand their rights. Get the Full Story Complete the form...

Legal & Regulation
Congress Moves to Give FinTechs Direct Fed Payment Access With PACE Bill
April 22, 2026

The future of payments infrastructure may hinge less on technology than on who is permitted to connect to it. 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...