The Consumer Financial Protection Bureau (CFPB) on Wednesday (May 4) ordered Bank of America to pay $10 million for processing illegal, out-of-state garnishment orders against its customers’ bank accounts, according to an enforcement order. Get the Full Story Complete the form to unlock this article...
Germany’s Federal Cartel Office said Wednesday (May 4) it plans to impose tougher regulations on Facebook owner Meta Platforms. 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...
On Wednesday, May 4, the U.S. Senate Committee on the Judiciary will hold a hearing on “Excessive Swipe Fees and Barriers to Competition in the Credit and Debit Card Systems,” where representatives from Visa, Mastercard, retailers and consumer advocacy groups will likely discuss the benefits...
Apple has accused Rivos, a “stealth mode” startup, in a lawsuit of poaching its engineers to steal trade secrets, a report from Bloomberg said Monday (May 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Consumer Financial Protection Bureau (CFPB) released its Supervisory Highlights report Monday (May 2), showing the high amount of wrongful auto repossessions by servicers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Google on Monday (May 2) asked Luxembourg-based General Court to do away with a $1.6 billion fine handed down three years ago by antitrust regulators who said the search engine hampered its rivals in online search advertising, according to a Reuters report. Get the Full...
The European Union (EU) will be moving ahead with its digital euro investigation, including exercises on how people will interact and pay with the digital coin if it is adopted. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In February, the Consumer Financial Protection Bureau (CFPB) launched a request for information from the public about the impact that “junk fees” are having on consumers. In April, the agency closed the consultation after receiving a staggering 80,000 comments. Get the Full Story Complete the...
BJ’s Wholesale has called for a federal judge to throw out a patent lawsuit that Walmart filed against it last month, CNBC wrote Friday (April 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
