Legal & Regulation

Legal & Regulation
21 States Sue Trump Administration, Alleging Illegal Defunding of CFPB
December 22, 2025

Twenty-one states and the District of Columbia sued the Trump administration Monday (Dec. 22), aiming to stop what they said is illegal defunding of the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

CFPB
CFPB Says Earned Wage Access Products Are Not Loans
December 22, 2025

The Consumer Financial Protection Bureau (CFPB) said Monday (Dec. 22) that certain earned wage access (EWA) products are not credit and are not covered by Regulation Z of the Truth in Lending Act. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
Tariff Refund Could Pose ‘Administrative Problem’ for White House
December 21, 2025

The Supreme Court is weighing the legality of the White House’s wide-ranging tariffs. 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
Visa and Mastercard Settle ATM Fee Lawsuit for $167 Million
December 21, 2025

Visa and Mastercard will reportedly pay $167.5 million to settle a long-running ATM fee lawsuit. 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,...

Legal & Regulation
Synapse Victims to Get $46 Million Repayment From CFPB
December 21, 2025

The CFPB has allocated $46 million to victims of Synapse Financial Technology’s collapse. 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
Coinbase Files Lawsuits Challenging States’ Efforts to Control Prediction Markets
December 19, 2025

Coinbase filed lawsuits in Connecticut, Michigan and Illinois, challenging each state’s efforts to control or block prediction markets. 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...

Legal & Regulation
UK Allows Firms to Set Their Own Limits for Contactless Payments
December 19, 2025

The United Kingdom’s Financial Conduct Authority (FCA) said rule changes that will take effect in March 2026 will allow banks and payment service providers to set their own limits for contactless payments. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
Defense Spending Law Restricts US Investment in Chinese Tech Companies
December 19, 2025

A defense spending bill signed into law Thursday (Dec. 18) by President Donald Trump reportedly includes provisions that restrict United States investment in Chinese tech firms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
OCC Reduces Regulatory Mandate Covering Citi’s Risk Management Systems
December 18, 2025

The Office of the Comptroller of the Currency terminated a July 2024 amendment to an October 2020 consent order with Citi having to do with deficiencies in the bank’s risk management systems. Get the Full Story Complete the form to unlock this article and enjoy...