Capital One reportedly sued the Federal Deposit Insurance Corp., alleging that the regulator overcharged the bank by $149.2 million during a special assessment meant to make up for the deposit insurance fund’s losses resulting from the collapses of Silicon Valley Bank and Signature Bank in...
The Financial Industry Regulatory Authority (FINRA) is reportedly investigating misconduct allegations against two former executives of collapsed banking-as-a-service (BaaS) provider Synapse Financial Technologies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
When the European Commission announces the penalties in an antitrust case involving Google’s AdTech business in the coming weeks, it will reportedly order the company to pay a “modest” fine and will not require it to sell part of its AdTech business. Get the Full Story Complete the...
Grubhub has agreed to a preliminary settlement in which it will pay $7.1 million to restaurants that alleged the company harmed their reputations by falsely advertising that they had partnered with the online food delivery platform. Get the Full Story Complete the form to unlock...
Artificial intelligence (AI) startup Anthropic has reportedly settled a copyright infringement lawsuit brought by a group of U.S. authors. 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 Federal Trade Commission (FTC) has begun sending over $6.7 million to consumers as part of its settlement with gig work company Arise Virtual Solutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The lines between the gamification of money and the monetization of gaming are increasingly blurring. 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,...
Texas Attorney General Ken Paxton secured a $9.5 million settlement with Booking Holdings to resolve a lawsuit in which Paxton alleged that the online travel agency engaged in deceptive “junk fee” practices. Get the Full Story Complete the form to unlock this article and enjoy...
Ticket reseller Key Investment Group said Monday (Aug. 18) that it will “vigorously defend itself” against a Federal Trade Commission lawsuit. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
