The Chinese anti-corruption watchdog has reportedly put Tian Huiyu, the ex-president of China Merchants Bank, under investigation, The Wall Street Journal (WSJ) wrote. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Intuit is facing a class-action lawsuit for reportedly not securing its email marketing service, Bloomberg reported Friday (April 22). 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...
Global money transfer company MoneyGram is getting ready to fight a civil lawsuit filed by the director of the Consumer Financial Protection Bureau (CFPB) and the New York Attorney General (NYAG) that alleges it failed to provide money to overseas recipients in a timely manner,...
No comment. Really — at least right now — now comment. 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 completing...
The Office of the Comptroller of the Currency (OCC) issued yesterday, April 21, 2022, two cease-and-desist orders against USAA Federal Saving Bank and Anchorage Digital Bank for violations of the Bank Secrecy Act (BSA) and deficiencies in their anti-money laundering (AML) programs. In the case...
After months of reading how lawmakers around the world are proposing new crypto regulations, crypto firms have decided to organize themselves to have a say in the design of these new regulations. Get the Full Story Complete the form to unlock this article and enjoy...
Today is Friday (April 22), and a crypto bank that was granted a conditional license last year is now being called to the carpet by the Office of the Comptroller of the Currency (OCC) for anti-money laundering (AML) violations. Plus digital payments firm TransferMate will...
Cryptocurrency lender Anchorage Digital Bank failed to comply with anti-money laundering mandates (AML) and violated rules for monitoring suspicious activity, according to a statement from the Office of the Comptroller of the Currency (OCC). Get the Full Story Complete the form to unlock this article...
The Federal Trade Commission (FTC) and the Department of Justice (DOJ) are working on new horizontal merger guidelines, which may be ready by the end of the year, that could include significant changes to the way regulators approach merger analysis. Get the Full Story Complete...
