London banking giant HSBC is being investigated by the U.S. Commodity Futures Trading Commission (CFTC) for bankers’ alleged use of “non-HSBC approved messaging platforms for business communications,” according to its annual report published alongside earnings on Tuesday (Feb. 22). Get the Full Story Complete the...
Nearly six dozen CEOs are calling for increased regulation of the FinTech sector in the United Kingdom, Altfi reported. 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...
After leaving the European Union effectively in 2021, the U.K. was no longer bound by EU rules, except in a few cases where the U.K. retained some EU rules for some time. Yet, the U.K. government is determined to use its renewed powers to rule...
The Biden administration is preparing sanctions against Russia that would come with banning U.S. financial institutions from processing transactions from Russia’s biggest banks if Russia invades Ukraine, Reuters reported Monday (Feb. 21). Get the Full Story Complete the form to unlock this article and enjoy...
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As the five tech superpowers have grown to dominate the world, regulators have sharpened their focus on how to tame them and keep the sectors competitive. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Credit Suisse has been scrambling to cut down on fallout after newspapers reported on over 18,000 leaked accounts connected to criminals, reported human rights abusers and sanctioned people, like dictators, CNBC writes. Get the Full Story Complete the form to unlock this article and enjoy...
The Consumer Financial Protection Bureau (CFPB) has issued a bulletin warning student loan servicers that they could face sanctions if they mislead borrowers about loan forgiveness programs tied to public service, according to a Friday (Feb. 18) press release. Get the Full Story Complete the...
The European Union (EU) brought accusations against China to the World Trade Organization (WTO) on Friday (Feb. 18), alleging Beijing stopped European tech firms from pursuing recourse in foreign courts to defend their own patents. Get the Full Story Complete the form to unlock this...
