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Bitfinex Hacker Out of Prison After a Year Due to President Trump’s First Step Act

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Treasury Counselor Derek Theurer Appointed to Perform Duties of Deputy Secretary
Treasury Secretary Scott Bessent has appointed Derek Theurer, who joined the department in January as counselor, to perform the duties of deputy secretary of the Treasury. As counselor, The...

FinTechs’ Roadmap to Scale Includes Bank Charters
As FinTechs seek to broaden their reach, many are turning to bank charters as a means of expanding product lines, cutting through state-by-state licensing and gaining direct access to the U.S. financi...

MoneyLion Accused of Misleading Customers in Baltimore Lawsuit
The city of Baltimore accused FinTech MoneyLion of misleading consumers. In a lawsuit filed Monday (Oct. 6), the city alleged the company violated Baltimore’s consumer protection ordinanc...

EU Weighs Sanctioning Russia-Connected A7A5 Stablecoin
The European Union reportedly proposed sanctions on a ruble-backed stablecoin called A7A5. The coin is tied to Russians who are themselves under sanctions, Bloomberg reported Monday (Oct. 6...

OCC Reduces Regulatory Burden on Community Banks Ahead of Broader Industry Reforms
The Office of the Comptroller of the Currency announced new guidance and proposed rulemakings Monday (Oct. 6), saying it aims to reduce “regulatory burden” for community banks and promote economic...

Velera Launches Next-Generation Fraud Prevention System for Credit Unions
Velera has launched its next-generation system designed to protect credit unions and their members from fraud. The new Risk Mitigation Ecosystem features a cloud-based, multilayered approac...

Karen Webster on How AI Is Making B2B Payments Anything but Boring
B2B’s AI moment isn’t about shiny demos. It’s about turning the back office into a decision engine. And PYMNTS is set to track that journey with its month-long virtual event B2B.AI: The Architec...

Top Payments Leaders on Why Trust Is the New Currency in Real-Time Money
If 2025 has taught the payments and digital economy anything, it’s that volatility is now a feature, not a...

Working Capital Index Finds Adaptive Mid-Market CFOs Turning Risk Into Growth
By the close of this year, the persona to watch in corporate finance may not be the cost-cutting controller or the risk-nothing gatekeeper. It will be the adaptive CFO or treasurer: the leader whose...

ESPN Dominates PYMNTS App Provider Streaming Rankings
It’s football season. It’s new streaming show season. And it’s new movie season. No better time to check in on streaming apps in the PYMNTS app provider rankings where we found that ESPN’s mov...