From Amazon to dentist offices to Uber, companies that aren’t banks are the new face of financial services. Embedded finance offers credit, buy now, pay later, card installment plans, payments and insurance for everything from Prada handbags and veneers to Uber driver wages. With three...
The Commodity Futures Trading Commission (CFTC) said Wednesday (Feb. 25) that it has full authority to police illegal trading practices on designated contract markets (DCMs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Should the increasingly popular predictions market space be regulated by states or the federal government? 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,...
The DeFi Education Fund (DEF), a Washington, D.C.-based advocacy group, is urging the United Kingdom’s Financial Conduct Authority (FCA) to limit its upcoming cryptocurrency regulations to entities that have unilateral control over user funds or transactions, CoinDesk reported Friday (Feb. 13). Get the Full Story...
The European Union needs “a deep regulatory housecleaning — at all levels,” European Commission President Ursula von der Leyen said Tuesday (Feb. 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The Nevada Gaming Control Board filed a civil enforcement action Monday (Feb. 2), seeking to stop Coinbase from offering certain event contracts in the state. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Kalshi is facing a preliminary injunction that may block it from including sports and related event contracts on its prediction market in Massachusetts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
British financial regulators have cleared an open banking project by the UK Payments Initiative (UKPI). 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,...
Visa, Mastercard and Revolut lost a fight over a proposed transaction fee cap in the United Kingdom. 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...
