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....
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...
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...
The U.K.’s Competition Appeal Tribunal ruled unanimously Friday (June 27) that Visa and Mastercard’s multilateral interchange fees violate European competition law. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The Federal Trade Commission (FTC) said Monday (June 16) that Paddle.com Market Limited and its subsidiary, Paddle.com, will pay $5 million to settle the agency’s allegations that the organizations processed payments for deceptive tech-support schemes. Get the Full Story Complete the form to unlock this...
The National Highway Traffic Safety Administration (NHTSA) will streamline an exemption process to accelerate the development of autonomous vehicles. 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...
The stablecoin bill moving through the U.S. Senate reportedly got closer to final passage Wednesday (June 11) after a 68 to 30 procedural vote removed an obstacle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The CLARITY Act, which aims to establish a regulatory framework for digital assets in the U.S., is set to be considered by the full U.S. House of Representatives after being advanced by two House committees Tuesday (June 10). Get the Full Story Complete the form...
The Consumer Financial Protection Bureau’s funding and foundations are hotly debated on Capitol Hill and in courtrooms. 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...