Klarna said Friday (April 10) that a Swedish court has delayed by two months its judgment in an antitrust case that Klarna subsidiary PriceRunner brought against Google. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Rules governing stablecoins are taking concrete form, and the details suggest that banks and FinTechs will face a more exacting set of responsibilities than some may have anticipated. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Treasury Department has proposed a rule that would require permitted payment stablecoin issuers (PPSIs) to adhere to anti-money laundering (AML) and sanctions compliance obligations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Regulators’ proposed anti-money laundering (AML) rulemaking, introduced this week, offers a clear path for how compliance will be expected to operate as financial services continue to digitize and expand across platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The federal government’s cybersecurity agency is facing a $707 million budget cut amid a realignment of its focus. 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...
Clearing and treasury infrastructure provider Lorum has filed for a national trust bank charter. 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...
The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) and three federal financial regulators proposed rules Tuesday (April 7) that they said will modernize their anti-money laundering and countering the financing of terrorism (AML/CFT) rules and allow financial institutions to focus on higher risks. Get the Full Story Complete...
The Federal Deposit Insurance Corporation (FDIC) has proposed a rule that would establish a prudential framework for FDIC-supervised permitted stablecoin issuers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
A federal appeals court has ruled for the first time that the Commodity Futures Trading Commission (CFTC) has exclusive jurisdiction over sports-related event contracts, Reuters reported Monday (April 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
