PYMNTS.com

B&T Television

US DOJ Recasts Crypto as Fraud Infrastructure in New Review

September

S	M	T	W	T	F	S
	1	2	3	4	5	6
7	8	9	10	11	12	13
14	15	16	17	18	19	20
21	22	23	24	25	26	27
28	29	30

more tags

PYMNTS.com

What's next in payments and commerce

View Feed Items

UBS Considers Offering Crypto Trading Through Private Bank
Swiss banking giant UBS reportedly plans to begin offering cryptocurrency trading in response to growing demand from wealthy clients. UBS has been considering partners for this push into cr...

This Week in Stablecoins: Payment Pain Points, Tokenization and Davos
The cryptocurrency industry is changing its tack. Stakeholders across the digital asset ecosystem are no longer arguing that the old financial system should be replaced. Instead, they are trying, more...

TikTok Continues Operations in US as New Joint Venture
TikTok will continue to operate in the United States as a new, majority American-owned joint venture called TikTok USDS Joint Venture LLC. The joint venture has three managing investors—...

Citigroup to Lay Off Managing Directors and Senior Employees in March
Citigroup reportedly plans to lay off an unspecified number of employees in March after cutting about 1,000 jobs this month. The March layoffs are likely to involve managing directors and ...

Capital One’s Brex Deal Signals a Structural Shift in Commercial Cards
Capital One’s acquisition of Brex, announced Thursday (Jan. 22), signals that the economics and mechanics of commercial card issuance are changing. As commercial cards move beyond travel ...

BNPL Provider Affirm Applies to Establish Bank Subsidiary
Buy now, pay later (BNPL) provider Affirm aims to establish a bank subsidiary called Affirm Bank. Affirm submitted applications to the Nevada Financial Institutions Division and the Federal...

Congress Warns of AI-Driven Cyber Threats Ahead of Major US Events
Hackers only need to get it right once to wreak havoc. This week, a congressional committee hearing, “Oversight of the Department of Homeland Security: CISA, TSA, S&T,” underscored that...

Justice Department Investigates Allegations That Deel Recruited Spy at Rival Firm Rippling
The Justice Department is reportedly investigating allegations that human resources company Deel recruited a spy inside rival firm Rippling. The U.S. attorney for the Northern District of C...

Revolut Drops US Bank Buyout Plan, Eyes Standalone OCC Charter
Revolut is shifting its U.S. playbook again. The U.K.-headquartered FinTech has dropped plans to buy an American bank and is now preparing to pursue a standalone U.S. banking license, a move that woul...

Gen X Spending Patterns Are Shifting as Costs Rise
Gen Xers’ new round of penny-pinching could be bad news for consumer spending and the economy. Comprised of around 65 million individuals now age about 46-61, most in their prime earning ...