Companies have begun to lobby against India’s new digital lending rules after the regulations interrupted card services and put Amazon loan offerings in peril. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The head of the Federal Communications Commission has called for an investigation into whether U.S. mobile carriers are complying with FCC geolocation data regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
A class action was filed against mobile payments company Cash App Investing and its parent Block over “negligent” behavior related to the December 2021 data breach that allegedly compromised the personal information of 8.2 million former and current users. Get the Full Story Complete the form...
Around the world, data protection legislation sets the rules for how companies collect and process personal information. 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...
Securities and Exchange Commission (SEC) Chairman Gary Gensler is changing directions in the argument over whether or not cryptocurrencies are securities, signalling a change in tactics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The buy now, pay later (BNPL) industry has once again drawn the ire of U.K. regulators. 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...
A Block spokesperson told PYMNTS Friday (Aug. 19) that the company is “disappointed” that the Consumer Financial Protection Bureau (CFPB) has filed a petition for a federal judge to force it to comply with the bureau’s investigation into Block’s Cash App tool. Get the Full...
In a policy letter that read like part announcement and part warning, the Consumer Financial Protection Bureau (CFPB) put FinTechs on notice in April, with CFPB Director Rohit Chopra saying a little-used provision of the Dodd-Frank Act is now being employed to scrutinize nonbanks more...
Billionaire Mark Cuban is being sued over allegations that he misled investors to put money into now-bankrupt crypto lender Voyager Digital, a class-action lawsuit filed in Miami states, calling the platform “a massive Ponzi scheme.” Get the Full Story Complete the form to unlock this...
