Legal & Regulation

CFPB
CFPB Seeks to Stop Financial Companies From ‘Weaponizing’ Fine Print
January 13, 2025

The Consumer Financial Protection Bureau (CFPB) said Monday (Jan. 13) that it aims to stop financial companies from using fine print in contracts that results in customers waiving their legal rights or free speech. Get the Full Story Complete the form to unlock this article and...

Legal & Regulation
Binance to Face Class Action After US Supreme Court Declines to Hear Appeal
January 13, 2025

Cryptocurrency exchange Binance and founder Changpeng Zhao are reportedly set to face a class action by investors after a Monday (Jan. 13) decision by the U.S. Supreme Court. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

ANTITRUST
Apple Fights Monopoly Charges in $1.8 Billion Antitrust Trial
January 13, 2025

Apple is in court in the U.K. this week defending itself against monopoly-related charges. 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....

Bank Regulation
FDIC Gives BlackRock New Deadline to Resolve Banking Oversight Questions
January 12, 2025

Asset manager BlackRock is reportedly facing a new deadline over its investments in government-backed banks. 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
Jamie Dimon: Trump Tariffs Could Prevent Unfair Competition
January 12, 2025

The head of America’s biggest bank believes tariffs can be helpful when used properly. 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
Report: Coinbase to Share Data in Response to CFTC Subpoena
January 10, 2025

Coinbase reportedly told customers that it may have to share data demanded by the Commodity Futures Trading Commission (CFTC). 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...

CFPB
CFPB Seeks Public Comment on Consumer Protections Regarding Emerging Payments
January 10, 2025

The Consumer Financial Protection Bureau (CFPB) is seeking public comment on how existing laws apply to emerging consumer payment mechanisms offered through tech companies and video gaming platforms as well as to stablecoins and other digital currencies. Get the Full Story Complete the form to...

Legal & Regulation
New House Financial Services Leadership Targets Digital Asset Regulation
January 09, 2025

The House Financial Services Committee has chosen leadership with an eye toward digital asset regulation. 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....

CFPB
CFPB’s Open Banking Standardization Push Faces Legal, Logistical Hurdles
January 09, 2025

The news this week that the Consumer Financial Protection Bureau (CFPB) has recognized Financial Data Exchange (FDX) as a standard-setting body — to help determine how permissioned financial data will be shared during the rise of open banking — illuminates the long and winding road ahead....