The ousted CEO of Uber called a lawsuit filed against him by one of the company’s top investors a “public and personal attack” without merit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A group of marketers swiped more than $40 million from the bank accounts of customers for “discount club” memberships they never agreed to join, according to a complaint filed by the Federal Trade Commission (FTC). Get the Full Story Complete the form to unlock this...
Debt relief is coming for about 41,000 Corinthian Colleges student borrowers who took out private loans to attend the for-profit university — to the tune of $183 million. The relief comes from a deal struck by the Consumer Finance Protection Bureau and 13 states’ attorneys...
Marcus Hutchins, a 23-year-old British cybersecurity researcher and employee of L.A.-based Kryptos Logic, was arrested earlier this month in Las Vegas for building and selling malicious code known as “Kronos,” which was used to hack into and steal banking credentials between July 2014 and 2015....
A federal judge has decided that Costco owes Tiffany & Co. $19.4 million in damages over the warehouse club chain’s illegal sale of counterfeit diamond engagement rings bearing the “Tiffany” name. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Wells Fargo is facing a fresh lawsuit contending the bank’s Merchant Services Unit overcharged small businesses for the payment processing of their credit card transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
On the regulatory front, last week saw a bit of news about mergers – actually, more than a bit. 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...
In what seems to be an 180-degree turn, the Department of Justice (DOJ) is asking the Supreme Court not to weigh in on American Express’ (Amex) merchant contracts and “steering” activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
FBI documents have revealed a global financial network run by a senior Islamic State official that funneled money to an alleged ISIS operative in the U.S. through fake eBay transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
