Legal & Regulation

Legal & Regulation
Criminal Trial of ‘Frank’ Founder Charlie Javice to Begin Tuesday
February 17, 2025

When the criminal trial of Frank Founder Charlie Javice and former Chief Growth Officer Olivier Amar begins Tuesday (Feb. 18), Javice’s defense team will reportedly argue that the criminal case stems from a commercial dispute in which the buyer of the student loan startup, JPMorgan Chase, felt...

Bank Regulation
EBANX Secures In-Principle Approval for License From Monetary Authority of Singapore
February 17, 2025

Global payment service provider EBANX secured In-Principle Approval (IPA) for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). 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...

Legal & Regulation
DOGE Seeks Access to IRS System Amid IT Modernization Effort
February 17, 2025

The Elon Musk-led Department of Government Efficiency (DOGE) is reportedly seeking access to an Internal Revenue Service (IRS) system that is usually not available to political appointees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Bank Regulation
JPMorgan Declines to Share Private Credit Lending Data With Regulators
February 16, 2025

JPMorgan Chase has reportedly declined to share its private credit lending data with 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 newsletter, PYMNTS...

CFPB
CFPB Firings On Hold Amid Lawsuit Against Trump Layoffs
February 16, 2025

The Consumer Financial Protection Bureau’s (CFPB) acting director has reportedly agreed to pause a mass firing of agency employees. 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...

Legal & Regulation
Treasury IG and GAO Investigate DOGE Access to Federal Payment Systems
February 14, 2025

The Treasury Inspector General and the Government Accountability Office (GAO) are investigating the reported decision by Treasury Secretary Scott Bessent to allow the Elon Musk-led Department of Government Efficiency (DOGE) to access government payment systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

CFPB
Report: Former CFPB Chief Technology Alleges Agency Data Set for Deletion
February 14, 2025

Former Consumer Financial Protection Bureau (CFPB) Chief Technologist Erie Meyer reportedly alleged in a legal filing that Trump administration officials are set to delete databases holding the agency’s data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Legal & Regulation
Regulatory Roundup: CFPB on the Chopping Block, Stablecoins in Focus
February 14, 2025

It was an earth-shaking week for regulatory agencies, and a groundbreaking week for stablecoins. 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 Expands Layoffs to Include Dozens of ‘Term Employees’
February 14, 2025

The Consumer Financial Protection Bureau (CFPB) reportedly sent termination notices to more employees on Thursday (Feb. 13). 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...