The U.S. Department of Justice’s (DOJ) Antitrust Division has reportedly received approval to delay the deadline to file a petition for a writ of certiorari over the 2nd U.S. Circuit Court of Appeals’ decision in the years-old antitrust case against American Express. Get the Full Story...
Santander Consumer USA Holdings Inc, a unit of Spain’s Banco Santander, will pay nearly $25 million to two U.S. states — $22 million to Massachusetts and $2.87 million to Delaware — to resolve predatory subprime auto loan allegations. Get the Full Story Complete the form to...
Wells Fago has come to a settlement agreement with customers whose personal information their staff used to set up fake bank and credit card accounts. With this announcement, Wells gets one — rather expensive — step closer to putting the incident in the rearview mirror....
Pay Per Swipe, the mobile advertising company that makes ads that appear on locked smartphone screens, has filed a lawsuit against TCT Mobile for allegedly breaching a contract and for engaging in unfair business practices. Get the Full Story Complete the form to unlock this...
The failure of the United States Congress to either repeal or replace Obamacare has left America’s small business owners looking to Congress for new solutions for limiting their healthcare costs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Santander has been told by the Federal Reserve to increase its oversight of subprime auto lending. 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...
If innovation is the lifeblood of tech and of commerce in general, patents are the lifeblood of less than savory characters known as patent trolls. PYMNTS caught up with LOT Network’s CEO Ken Seddon to see why joining the “herd” of companies banding against patent...
The Office of the Comptroller of the Currency — the top regulator for national banks — is sending out the message that U.S. banks ought not flee ties to foreign banks for fear of accidentally getting caught up in money laundering. Get the Full Story...
In 1992, a discussion about buying marijuana was pretty straightforward. Back then, it was illegal and socially stigmatized. Walking into a storefront to buy it was pretty much out of the question — unless you happened to be connecting thru Amsterdam. Most transactions occurred on street corners...
