The House of Representatives passed bills Tuesday (July 14) that formally end production of the penny, reform the bank acquisition process and prohibit merchant category codes that specifically identify firearms retailers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Three banking and lending groups have asked a federal court to stop Oregon from enforcing a new law. The National Association of Industrial Bankers, the Online Lenders Alliance and the American Financial Services Association filed the request on July 9, according to an analysis by...
Three former senior enforcement leaders from the Consumer Financial Protection Bureau (CFPB) have launched a public interest law firm that will focus on consumer rights, tenant rights, workers’ rights and civil rights. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Not all states are at odds with the federal government over regulating prediction markets. Last week, North Carolina became the first state to formally recognize the authority of the Commodity Futures Trading Commission to oversee event market platforms like Kalshi and Polymarket. Get the Full...
The United Kingdom’s largest banks are no longer the only companies facing direct scrutiny over the resilience of the nation’s financial system. The cloud providers running much of their technology are now inside the regulatory perimeter, too. Get the Full Story Complete the form to...
European regulators are reportedly granting themselves more authority to police Big Tech’s consumer protection failures. 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,...
Apple has sued OpenAI and two of its employees, alleging that they stole trade secrets from Apple to support OpenAI’s development of devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Federal Reserve has announced the leaders of five task forces that will examine the Fed’s methods, analytical tools and policy approaches and provide “candid feedback” for the Federal Open Market Committee. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Newspapers suing OpenAI for copyright infractions are reportedly now seeking sanctions against the AI startup. 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,...
