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Report: UBS Nears Settlement of US Case Involving Credit Suisse
January 09, 2025

UBS reportedly could settle a case this week involving Credit Suisse, which UBS acquired in 2023. 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...

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JPMorgan Sues Greece’s Viva Wallet Over ‘Unlawful Actions’
January 09, 2025

The legal battle between J.P. Morgan Chase and Greece’s Viva Wallet is not over.  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...

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Apple to Settle Siri Privacy Lawsuit for $95 Million
January 02, 2025

Apple reportedly agreed to pay $95 million to settle a privacy lawsuit centered on its voice assistant, Siri. 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...

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FinTech Dave Says DOJ Lawsuit Is ‘Government Overreach’
December 31, 2024

Mobile banking app Dave is pushing back against claims in a new government lawsuit. 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...

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Madoff Victim Fund Makes Final Distribution, With 94% of Fraud Losses Recovered
December 30, 2024

The Justice Department said Monday (Dec. 30) that it recovered nearly 94% of fraud losses for victims of the Ponzi scheme for which Bernard L. Madoff pleaded guilty in 2009. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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DOJ Sues FinTech Dave, Adds CEO as Defendant
December 30, 2024

The Federal Trade Commission (FTC) has referred its previously announced federal court case against online cash advance firm Dave to the Department of Justice (DOJ). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Italian Authority Fines OpenAI $15.6 Million for Alleged GDPR Violations
December 20, 2024

OpenAI said Friday (Dec. 20) that it will appeal a fine imposed by an Italian authority that alleged that the company violated the European Union’s General Data Protection Regulation (GDPR). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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CFPB Sues Zelle and 3 Owner Banks, Alleging Insufficient Safeguards
December 20, 2024

The Consumer Financial Protection Bureau sued Zelle operator Early Warning Services and three of its owner banks — Bank of America, J.P. Morgan Chase and Wells Fargo — alleging that they failed to protect consumers from “widespread fraud” on the peer-to-peer payment network. Get the...

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Supreme Court to Hear TikTok’s Appeal Jan. 10
December 18, 2024

The U.S. Supreme Court reportedly said Wednesday (Dec. 18) that it will hear TikTok’s appeal of a law that would see the app banned in the United States if it is not sold by its Chinese parent company, ByteDance. Get the Full Story Complete the...