A former Wells Fargo executive has been sentenced to probation for her role in a scandal that rocked the bank in 2016. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Internal Revenue Service (IRS) has placed a moratorium on processing new claims for the Employee Retention Credit (ERC), a pandemic-era relief program, aiming to prevent a recurrence of the sort of fraud that happened around the Paycheck Protection Program (PPP). Get the Full Story Complete the form to unlock this...
A former executive at now-bankrupt Celsius Network, Roni Cohen-Pavon, has reportedly pleaded guilty to criminal charges in the United States and has agreed to cooperate with prosecutors’ investigations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Consumer Financial Protection Bureau (CFPB) is looking into, and warning students about, the risks faced by students when entering into agreements with colleges for tuition payment plans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Connecticut Department of Banking has issued new industry guidance regarding the Small Loan Lending and Related Activities Act. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
During a high-stakes antitrust trial, a Google lawyer, John Schmidtlein, reportedly said that companies choose Google as their default search engine not because of a lack of competition but because it is simply the best option available. Get the Full Story Complete the form to unlock this article...
The proposed EU AI Act (AIA) is an omnibus piece of legislation. It aims to provide the world’s first “horizontal” regulatory framework for AI, not limited to one industry or domain of use. The text is currently winding its way through the corridors of the...
U.S. lawmakers are hitting the ground running on creating an artificial intelligence (AI) policy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...
Jamie Dimon, the chairman and CEO of J.P. Morgan Chase & Co., has reportedly voiced his criticism of the stricter capital rules proposed by U.S. regulators. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...