Given Samsung’s recent run of troubles — and the fact that said troubles issue from an exploding phone — it was likely just a matter of time before the lawsuits began. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
According to financial services watchdog FINMA, about 15 Swiss banks are exposed to the risk of money laundering — or are in what they the call the “red zone.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Airbnb and HomeAway are facing calls from a group of lawmakers and community groups that want the Federal Trade Commission to investigate the firms, alleging the home rentals are operating as hotels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Given the sum total of recent events, it is not terribly surprising that John Stumpf has announced his resignation as chairman and CEO of Well Fargo bank. There are some situations that are immune to spin — and in the wake of the very public...
The regulatory and compliance space is changing. Not only are companies looking for more efficiencies and cost savings in their processes, but the pressure to perform under increased scrutiny is also increasing. Which is why Stephen Ufford, CEO and founder of Trulioo, believes now is...
As the specifics of the CFPB’s pre-paid card rule are making their way through the ecosystem, the players are starting to come out with their takes on the newest set of financial regulations. Get the Full Story Complete the form to unlock this article and...
The Electronic Payments Coalition is unimpressed with the Durbin Amendment and wants it nixed. The coalition claims the amendment has allowed big-box retailers to pad their bottom lines to the detriment of smaller competitors, community banks and credit unions.
Samsung’s fall got off to a rocky start — putting it mildly — when their flagship phone, the Galaxy Note 7, had to be recalled because it had a tendency to catch on fire. Get the Full Story Complete the form to unlock this article and enjoy...
In the wake of the Wells Fargo scandal that has seen the massive banking institution assessed almost $200 million in fines and its CEO and former community banking head facing $60 million (so far) in compensation clawbacks, Federal Reserve chairwoman Janet Yellen said the central bank...