Legal & Regulation

Legal & Regulation
One Year After Synapse, How Much Have We Really Learned?
May 12, 2025

Welcome to another edition of Washington Weekly, the series in which PYMNTS CEO Karen Webster and QED Investors partner Amias Gerety start their conversation with a Manic Monday check-in. The weekly question: How manic is this Monday? Get the Full Story Complete the form to...

Legal & Regulation
Data Security Guardrails Critical Regardless of Open Banking Rule’s Fate
May 12, 2025

Whether a reworking or an outright rescission of the Consumer Financial Protection Bureau’s open banking rule is on the horizon, some of the most basic tenets of data-sharing underpinning financial innovation will be front and center throughout the next few months. Get the Full Story...

Legal & Regulation
Jonathan McKernan to Be Nominated for Post at Treasury Instead of CFPB
May 09, 2025

Former Federal Deposit Insurance Corp. (FDIC) Board Member Jonathan McKernan will be nominated to serve in a post at the Treasury Department after previously being nominated to lead the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Legal & Regulation
CFPB Halts Enforcement of 67 Guidance Documents Pending Review
May 09, 2025

The Consumer Financial Protection Bureau (CFPB) said Friday (May 9) that it is withdrawing 67 guidance documents issued by the agency since it opened its doors in 2011. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CFPB
CFPB Pulls Plug on Google Payment Oversight; Alphabet to Withdraw Lawsuit
May 08, 2025

The Consumer Financial Protection Bureau (CFPB) has abruptly abandoned its effort to supervise Google Payment, unraveling a marquee Biden-era bid to extend the agency’s reach into Silicon Valley and lifting a potential compliance burden from parent company Alphabet. The policy U-turn surfaced in a Wednesday...

Legal & Regulation
Financial Regulators Face Deepest Personnel Cuts in Decades
May 07, 2025

Three financial regulators are scrambling following the President Donald Trump administration’s latest round of personnel cuts. 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...

Legal & Regulation
Fiserv Names Michael Lyons CEO as Ex-Chief Heads Social Security
May 07, 2025

With its previous CEO headed to Washington, Fiserv has picked a new chief executive. 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...

CFPB
CFPB Reportedly Reworking Biden-Era Open Banking Rule
May 06, 2025

The Trump administration is reportedly preparing to re-examine a Biden-era rule governing open banking. 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
FTC Sends $18.5 Million in Refunds After Publishers Clearing House Settlement
April 30, 2025

The Federal Trade Commission (FTC) said Wednesday (April 30) that it is sending $18.5 million in refunds resulting from a settlement it reached in June 2023 with Publishers Clearing House (PCH). Get the Full Story Complete the form to unlock this article and enjoy unlimited...