/fintech?utm_source=rss&utm_medium=rss&utm_campaign=section Latest articles for: Fintech Copyright 2025 À¶Ý®ÊÓƵ. en-US Tue, 19 Aug 2025 23:36:35 +0000 /fintech/articles/2378980?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2378980 Credova, a fintech firm specializing in buy-now, pay-later financing for firearms and outdoor recreational goods purchases, is no longer facing what the Consumer Financial Protection Bureau now says was a "politically motivated" investigation on its part, the firm's parent company announced Tuesday. Tue, 19 Aug 2025 21:46:53 +0000 /fintech/articles/2378829?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2378829 The Federal Deposit Insurance Corp. moved Tuesday to relax its Biden-era digital signage rule, issuing a proposed revamp that it said is aimed at addressing bank concerns about "implementation issues" arising from the new logo and disclosure requirements. Tue, 19 Aug 2025 21:30:26 +0000 /fintech/articles/2378916?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2378916 A Robinhood subsidiary sued the states of New Jersey and Nevada on Tuesday in an effort to ward off a potential enforcement action as it has begun allowing users to trade on the outcome of sports games despite the states' warnings not to do so. Tue, 19 Aug 2025 20:26:51 +0000 /fintech/articles/2378412?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2378412 A North Carolina federal judge partially sustained Bank of America's objections to a magistrate judge's recommendation allowing a proposed class action over alleged fraud on the peer-to-peer payment service Zelle to proceed, finding that the suit fails to plausibly plead claims under any of the asserted state consumer protection statutes. Tue, 19 Aug 2025 20:18:01 +0000 /fintech/articles/2378879?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2378879 Wyoming on Tuesday became the first U.S. state to issue its own stable-value token, with public purchasing soon to come. Tue, 19 Aug 2025 18:54:43 +0000 /fintech/articles/2378647?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2378647 A New York federal judge on Tuesday ruled that it was "ludicrous" for a man who pled guilty to running a Ponzi scheme to try to escape punishment in a related suit brought by the U.S. Commodity Futures Trading Commission, ordering him to repay his victims over $228 million. Tue, 19 Aug 2025 17:21:52 +0000 /fintech/articles/2378394?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2378394 Fanatics LLC and a digital collectibles company knocked out part of a suit from a former executive who said he was fired for seeking parental leave, with a New York federal judge nixing his retaliation claim but letting allegations that the companies interfered with his leave rights move ahead. Tue, 19 Aug 2025 17:08:45 +0000 /fintech/articles/2377897?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2377897 The executive order this month making it easier for retirement plans to invest in alternative assets, including private equity, real estate and digital assets, marks a watershed moment for democratizing access to private markets, but the U.S. Department of Labor's anticipated formal rulemaking will also be impactful, say attorneys at Simpson Thacher. Tue, 19 Aug 2025 16:39:38 +0000 /fintech/articles/2378904?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2378904 A Manhattan federal judge on Tuesday denied injunctive relief for plaintiffs seeking over $100 million in damages over losses they took backing the cryptocurrency project Libra, saying she would dissolve an earlier asset freeze restraining two individual defendants who no longer seem at risk of dissipating assets. Tue, 19 Aug 2025 16:35:50 +0000 /fintech/articles/2378695?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2378695 A Florida federal judge on Tuesday tossed a proposed class action accusing payroll company Deel Inc. of racketeering, ruling that a lack of a money transmitting license isn't enough to establish both standing and allegations that it facilitated millions of dollars in unlawful transfers in a scheme to defraud investors.  Tue, 19 Aug 2025 15:59:58 +0000 /fintech/articles/2375303?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2375303 In combination with recent legislation and a maturing digital asset infrastructure, artificial intelligence tools are making it easier to recover stolen assets, giving litigants a more specific understanding of financial fraud earlier in the process and making it economically feasible to pursue smaller fraud claims, says Solomon Shinerock at Lewis Baach. Tue, 19 Aug 2025 14:38:42 +0000 /fintech/articles/2376960?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2376960 After a semester using generative artificial intelligence tools with students in an entrepreneurship law clinic, we came away with numerous observations about the opportunities and challenges such tools present to new transactional lawyers, say professors at Cornell Law School. Tue, 19 Aug 2025 14:32:48 +0000 /fintech/articles/2370780?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2370780 While the U.S. Securities and Exchange Commission under the Trump administration has charted a new approach to crypto regulation, the industry still lacks comprehensive rules of the road, meaning private plaintiffs continue to pursue litigation, and application of securities laws to crypto-assets will be determined by the courts, say attorneys at Skadden. Mon, 18 Aug 2025 23:24:33 +0000 /fintech/articles/2377486?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2377486 Leading banking industry groups are urging the Federal Reserve to move full speed ahead with a supervisory ratings overhaul that could classify more big banks as "well managed," but critics warn the plan amounts to dangerous, and potentially unlawful, grade inflation. Mon, 18 Aug 2025 22:18:00 +0000 /fintech/articles/2378440?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2378440 The Southern District of New York on Monday permitted Jay Clayton to continue overseeing the district's prosecutorial office, appointing Clayton as U.S. attorney just a day before his tenure as interim U.S. attorney was set to expire. Mon, 18 Aug 2025 20:53:15 +0000 /fintech/articles/2378200?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2378200 A crypto video game developer has accused high-frequency trading firm Jump Trading of engaging in a pump-and-dump of its token after striking a deal to provide market making services. Mon, 18 Aug 2025 20:01:21 +0000 /fintech/articles/2378397?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2378397 Executives and board members of Cencora Corp. tentatively settled a stockholder derivative suit for $111.25 million, VectoIQ board members reached a $6.3 million deal on stockholder claims over electric carmaker Nikola's prospects, and class attorneys who secured a $50 million derivative suit settlement saw their proposed 25% attorney fee cut by almost half. Here's the latest from the Delaware Chancery Court. Mon, 18 Aug 2025 17:53:43 +0000 /fintech/articles/2373700?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2373700 A statement released last month by banking regulators — highlighting risks that the agencies expect banks holding crypto-assets to mitigate — may encourage more traditional institutions to offer crypto-asset safekeeping and thereby offer asset managers more options for qualified custodians to custody crypto-assets for their clients, say attorneys at Dechert. Mon, 18 Aug 2025 17:46:06 +0000 /fintech/articles/2377575?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2377575 President Donald Trump's AI Action Plan represents some notable evolution in U.S. policy, including affirmation of the administration's trend toward prioritizing artificial intelligence innovation over guardrails and toward supporting greater U.S. private sector reach overseas, say attorneys at WilmerHale. Mon, 18 Aug 2025 17:37:35 +0000 /fintech/articles/2377927?utm_source=rss&utm_medium=rss&utm_campaign=section /fintech/articles/2377927 A Texas magistrate judge recommended that a proposed class action over Logan Paul's CryptoZoo project should be dismissed, writing that the group hadn't adequately connected the influencer to their claims that they were ripped off when the project failed.