The U.S. Comptroller of the Currency (OCC) has told Congress he would use his office’s power to review any candidate put forward by Wells Fargo as the scandal-plagued bank’s new CEO, according to a report by Reuters. Get the Full Story Complete the form to...
Small business lending could get a bit more scrutiny from regulators. 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...
The U.S. Securities and Exchange Commission (SEC) has approved the creation of the Long-Term Stock Exchange (LTSE). 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...
The Competition Commission of India (CCI) has reportedly ordered an investigation into Alphabet Inc.’s Google unit to look into alleged abuse of its Android mobile operating system’s dominance in order to block competitors. The watchdog reportedly found merit in the accusations in April and launched...
Among the highest ideals for digital payments – driving innovation in transactions and customer experience – is, of course, the concept of seamlessness. That implies an ease of use while giving up nothing when it comes to security. Getting there is a long road with...
Democratic presidential candidate Sen. Bernie Sanders and New York Rep. Alexandria Ocasio-Cortez moved today to introduce legislation that would cap rates on credit cards and other consumer financial services at 15 percent. Get the Full Story Complete the form to unlock this article and enjoy...
Facebook has responded to Co-founder Chris Hughes’ New York Times op-ed piece written on Thursday (May 9) calling for the Federal Trade Commission (FTC) to break it up, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...
European Union antitrust regulators are going to fine seven banks for manipulating the foreign exchange market, according to reports. 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...
The banking regulator in Hong Kong has issued an additional four online-only banking licenses to Ping An, Alibaba, mobile phone maker Xiaomi and a joint venture (JV) consisting of Tencent, ICBC and Hillhouse Capital. Get the Full Story Complete the form to unlock this article...
