Bank of America has been accused in a lawsuit of providing more than 100 accounts, used to carry out a $102 million Ponzi scheme. According to Bloomberg, the class-action suit, Heinert v. Bank of America, N.A., was filed in U.S. District Court, Middle District of...
And so, the two-sided market lives on. 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...
States can collect sales taxes from online retailers thanks to a U.S. Supreme Court ruling on Thursday (June 21) that addressed one of the most controversial and longstanding issues in eCommerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Five years after Silk Road shut down, one of its alleged advisers is being extradited to the U.S. to face newly unsealed charges for his role in the operation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Imitation is the sincerest form of flattery, right? If so, some European regulators might like what’s going on with California in regards to digital privacy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
A case involving virtual currency My Big Coin could determine whether the U.S. Commodity Futures Trading Commission (CFTC) has the power to fight fraud centered around cryptocurrencies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A recently filed federal lawsuit over remote deposit capture technology (RDC) could signal the start of a wider patent-infringement struggle among banks, according to experts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
USAA, the insurance company and bank serving current and former military members and their families, filed a federal lawsuit against Wells Fargo Bank over its use of USAA’s RDC technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Distributed ledger startup Ripple is facing another lawsuit over its XRP cryptocurrency. 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...
