Court Rules CFPB Funding Must Continue and other Digital Transactions News briefs from 12/31/26
Digital Transactions News staff
December 31, 2025
Acquiring, Competitive Strategies, Digital Currency, Electronic Bill Payment, Law and Regulation, Point-of-sale
- A federal court ruled that the Trump administration cannot let its funding of the Consumer Financial Protection Bureau lapse, the Associated Press reported. The White House has contested how the CFPB is funded, but the judge said its argument about how the bureau “gets its funds is not valid,” the AP said.
- News reports warn the timeliness of mailed payments, such as rent and bill payments, could be affected by a move by the U.S. Postal Service to change its postmark policy, now marking the date a letter is first processed by a sorting machine rather than the date it is dropped off in a mailbox or at a post-office counter. The change took effect Dec 24. Companies in recent years have looked to speed up bill payments by offering digital rails.
- Cryptocurrency platform Bitget Wallet reported usage is shifting from trading to spending, as the latter grew 28-fold this year. Card-based spending, QR-code-based point-of-sale systems, in-app crypto shopping, and direct bank transfers helped lend momentum to the spending trend, the company reported.
- Canada-based payments-technology firm Mogo Inc. announced it has changed its name to Orion Digital Corp. Its shares will begin trading under the symbol ORIO on Jan. 2.