Federal prosecutors have charged three men who allegedly ran a $364 million Ponzi scheme. 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...
A $6.2 billion settlement has been reached by Visa, Mastercard and several U.S. banks over a suit brought by merchants over what is commonly known as “swipe fees” — a name for the fees that are paid by those merchants when they accept credit card...
The battle over FinTechs and national banking charters is about to get a bit more heated. 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...
A federal judge has ruled that prosecutors can move forward with a case against a man accused of defrauding investors in two cryptocurrencies. According to Reuters, U.S. District Judge Raymond Dearie in New York ruled that Brooklyn resident Maksim Zaslavskiy can be prosecuted for violating...
The U.S. sports betting wave could become one of the hottest payments and commerce trends of 2018, with lawmakers and gamblers bringing the activity to more states, and league officials pushing for their cut. Kentucky is one of the latest jurisdictions that could welcome the...
The U.S. Justice Department announced that it has charged North Korea’s Park Jin Hyok (박진혁; aka Jin Hyok Park and Pak Jin Hek) for his involvement in multiple cyberattacks around the world. Get the Full Story Complete the form to unlock this article and enjoy...
Don’t cry for Facebook. 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. By completing this form, you agree to receive marketing...
Charges of money laundering and illegal money transmission have been levied against a 21-year-old bitcoin dealer in California. 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...
Tesla and its chief executive Elon Musk have been hit with two lawsuits by investors who are accusing Musk and his company of fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
