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...
Deutsche Bank had its Frankfurt headquarters raided by Germany’s federal police office, criminal prosecutors and financial watchdog BaFin on Friday (April 29), the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The European Banking Authority (EBA) said in its response to the European Commission’s Call for Advice that banks don’t need cryptocurrency protections — yet, according to a Friday (April 29) press release from the European policymaker. Get the Full Story Complete the form to unlock this article...
Epic Games, known for the popular digital game Fortnight, filed a motion to prevent Google from pulling independent music storefront Bandcamp from the Android App Store, according to a blog post on Friday (April 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
This week, Big Tech firms were in the spotlight again — and not only because it is earnings season, but also because Twitter accepted Elon Musk’s $44 billion offer. Regulators quickly reminded him that Twitter will have to respect new EU content moderation rules. Crypto...
Apple will be facing new antitrust charges in Brussels next week over how it reportedly restricts rivals from accessing its mobile payment system, the Financial Times (FT) reported Thursday (April 28). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The U.K.’s Competition and Markets Authority said HSBC UK has breached open banking provisions set out in the Retail Banking Market Investigation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB) gave his testimony before the House Committee on Financial Services on Wednesday (April 27), one day after attending a similar hearing in a Senate Banking committee. Get the Full Story Complete the form to unlock...
