The United Kingdom’s Financial Conduct Authority said in a Friday (June 5) press release that it blocked international payments company Euro Exchange Securities from carrying out any regulated electronic money or payment services due to the regulator’s concerns about risks of financial crime. Get the...
The Consumer Financial Protection Bureau (CFPB) released a statement Friday (June 5) reminding creditors that when they assess consumers’ ability to repay mortgages and certain open-end credit products, they must consider their immigration status. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Credit unions are celebrating the seeming demise of Colorado’s swipe fee legislation. 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. By...
Bank regulators in the United States are headed to Congress to tout the benefits of deregulation. 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 New York bill that would restrict the ability of investors to purchase certain claims involving debt issued or guaranteed by foreign governments for the purpose of filing lawsuits was passed by the state Senate and sent to the Assembly on Tuesday (June 2). Get...
The Supreme Court reportedly wants White House feedback on a case involving Robinhood’s 2021 IPO. 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,...
Florida filed a civil lawsuit against OpenAI and CEO Sam Altman, alleging that they endanger children and deceive parents into believing that ChatGPT is safe for use. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Europe reportedly wants tougher criteria for bidding on government cloud projects. 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. By completing...
Wise is facing an investigation in Europe related to possible criminal usage of its services. 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...