Aug. 20, 2025
| Today’s news and insights for payments leaders
The Consumer Financial Protection Bureau is reconsidering the definition of a large international money transfer firm, potentially reducing regulation.
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Just as gold and cash coexist, stablecoin will serve payments while volatile cryptocurrencies remain an investment vehicle, the CEO of crypto-transfer firm Mesh says.
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A federal judge ruled against the earned wage access company in a decision earlier this month, saying lending laws apply to its business.
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New York regulators said Monday that buy now, pay later companies can have extra time to furnish voluntary BNPL data ahead of new state rules.
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As states step into the breach left by the CFPB, New York alleges Zelle’s parent devised security policies in 2019 to counter fraud on the payments network, but didn’t impose them for four years.
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