Legal

Legal
Lawsuit Filed Over OCC FinTech Charter Plans
April 27, 2017

The Conference of Bank State Supervisors (CSBS), an organization and advocate for the legislative and regulatory interests of state banking, has just filed suit against the Office of the Comptroller of the Currency (OCC) in response to the latter’s plans to offer banking charters to...

Legal
Snap Inc.’s Evan Spiegel Under Fire For Allegedly Calling India A “Poor Country”
April 18, 2017

Snap Inc.’s Evan Spiegel is facing backlash on social media after a lawsuit against the company alleged that the CEO did not want to expand into “poor countries” like India. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Man Accused Of Massive Yahoo Hack In US Denied Bail In Canada
April 13, 2017

The man accused of being involved in a massive hack of Yahoo email accounts was denied bail in Canada, delaying U.S. plans to have him extradited. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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Wells Fargo Claws Back Another $75M
April 11, 2017

Wells Fargo recently clawed back an additional $75 million in executive pay from two former high-level employees as part of the latest fallout from ongoing investigations into the company’s sales practices, namely the unauthorized accounts scandal that arose last year. Get the Full Story Complete...

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Supreme Court Rules to Protect Businesses’ Free Speech on Credit Card Fees
April 03, 2017

In today’s fast-moving economy, there aren’t many people who are likely to be carrying around cash. As such, most people who use credit cards have run into the issue of fees being tacked on by businesses for charges under ten dollars. Get the Full Story Complete...

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New York Taxi Owners Defeated in Evolving Transport Lawsuit
April 03, 2017

With the rise of the sharing economy, there are undoubtedly several industries that have been disrupted, and some are rightfully upset. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Uber Wants To Handle Waymo Case Via Arbitration
March 31, 2017

A new court document filed by Uber indicates that the company thinks some parts of the case between Waymo and Uber/Otto can be handled by arbitration, said The New York Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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DOJ Granted Approval To Delay Petition To Reexamine Amex Case
March 30, 2017

The U.S. Department of Justice’s (DOJ) Antitrust Division has reportedly received approval to delay the deadline to file a petition for a writ of certiorari over the 2nd U.S. Circuit Court of Appeals’ decision in the years-old antitrust case against American Express. Get the Full Story...

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Santander To Pay $25M To Resolve Auto Loan Allegations
March 30, 2017

Santander Consumer USA Holdings Inc, a unit of Spain’s Banco Santander, will pay nearly $25 million to two U.S. states — $22 million to Massachusetts and $2.87 million to Delaware — to resolve predatory subprime auto loan allegations. Get the Full Story Complete the form to...