The Financial Stability Board, a global financial watchdog, is calling for greater oversight of the multitrillion-dollar shadow banking sector. 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...
Monzo, a digital bank in the United Kingdom, was fined 21,091,300 pounds (about $28.5 million) for deficient financial crime controls. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
For several FinTechs, in the move to broaden scale and scope to a nationwide level, all roads lead to the Fed. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Apple has appealed what it calls an “unlawful” $580 million fine from the European Union. 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...
Revolut is still reportedly waiting for permission to offer credit services in the U.K. 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....
The Independent Publishers Alliance has filed an antitrust complaint with the European Commission, alleging that Google’s AI Overviews represent an abuse of the company’s market power in online search. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Securities and Exchange Commission (SEC) Chairman Paul Atkins said Wednesday (July 2) that the agency will review some of the more recent rules it imposed on special purpose acquisition companies (SPACs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
America’s consumer watchdog has cancelled a $95 million fine against the country’s largest credit union. 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,...
The biggest U.S. banks reportedly increased their dividends after passing the Federal Reserve’s annual stress tests last week. 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...