There won’t be any answers until next year regarding the ongoing investigation of the Swedish Financial Supervisory Authority (FSA) and money laundering in the Baltics, Reuters said on Friday (Aug. 23). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Democratic House Representatives Katie Porter and Nydia Velázquez have asked the Financial Stability Oversight Council (FSOC) to look into tighter oversight of Big Tech cloud services in the financial sector, according to a report by Reuters. Get the Full Story Complete the form to unlock...
The Navajo Nation announced that it has settled its lawsuit against Wells Fargo & Co for $6.5 million. 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...
The U.S. Justice Department has announced charges against 80 people, most of them Nigerians, in a wide-ranging fraud and money laundering operation that netted millions of dollars from victims of internet con jobs, as reported on Thursday (Aug. 22). Get the Full Story Complete the...
European Union antitrust regulators announced that they are “currently investigating potential anti-competitive behavior” related to Facebook’s Libra. 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...
The U.S. government is working with state attorneys general to probe online platforms for possible antitrust violations, Reuters reported on Tuesday (Aug. 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
With another layer of scrutiny brought to an industry that is within the federal spotlight, a collection of state attorneys general is getting ready to begin a joint antitrust investigation into big tech. Get the Full Story Complete the form to unlock this article and...
The Australian Securities and Investments Commission (ASIC) is just weeks away from filing lawsuits against the country’s biggest banks, as the regulator increases its active investigations, Reuters reported on Monday (Aug. 19). Get the Full Story Complete the form to unlock this article and enjoy...
A draft executive order from the White House might lay out how Big Tech firms curate and present their data. As noted last week, the draft order, which was seen and reported by CNN, would place the Federal Communications Commission (FCC) in charge of how...