Danske Bank is facing another lawsuit from about 60 investors over alleged money laundering, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
PayPal has filed suit against the Consumer Financial Protection Bureau (CFPB), alleging that the agency has dismissed its arguments that digital wallets do not operate in the same way as reloadable debit cards — and that disclosure rules mandated by the agency require the payments...
A California college student has filed a lawsuit against TikTok, accusing the viral video service of sending her personal data to its parent company in China, as well as creating an online profile for targeted advertising without her consent. Get the Full Story Complete the...
Itau Unibanco Holding, Brazil’s largest lender, lost its appeal related to an antitrust case. 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...
A group of key Senate Democrats on Tuesday (Nov. 26) unveiled a far-reaching online privacy bill that levies tough new punishments for tech giants that mishandle users’ personal data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Global insurance executives are worried about the hefty monetary awards juries have been handing out to plaintiffs. The trend of larger jury payouts, known as “social inflation,” could lead to a $200 billion deficit in global reserves, according to industry vet Stephen Catlin. In fact,...
Sources have told Reuters that WeWork is under investigation by the New York State Attorney General (NYAG). While a spokesman for the NYAG declined to comment, WeWork confirmed that it had been contacted by the office of the NYAG Letitia James. Get the Full Story...
A lawsuit is being launched by minority shareholders against WeWork, Adam Neumann — its co-founder and former chief executive officer — and the prime investor, Japan’s SoftBank, Reuters reported on Friday (Nov. 8). Get the Full Story Complete the form to unlock this article and...
Lights out for the FinTech charter idea? 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...
