The Federal Deposit Insurance Corp.’s finalized Statement of Policy on Bank Merger Transactions will have a “chilling effect” on bank mergers and other strategic decisions on investment, risk management and competitive positioning, a Bank Policy Institute (BPI) senior associate general counsel wrote. Get the Full...
Jamie Dimon, CEO of J.P. Morgan Chase, the largest bank in the United States, said Monday (Oct. 28) that his colleagues should fight against overregulation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Amazon and Google are taking action against a website that generates fake product/business reviews. 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 recent finalization of data-sharing rules may have sharpened the debate over risks and rewards of Section 1033 — to consumers, banks and FinTechs — and the rule has drawn its share of critics and legal actions. Get the Full Story Complete the form to...
Last year, Elon Musk made a bold prediction about the future of his social media platform. 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...
The Consumer Financial Protection Bureau released its final rule on data-sharing Tuesday (Oct. 22). 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...
The U.K.’s Competition and Markets Authority (CMA), which is in charge of antitrust regulation, is investigating a partnership between tech giant Alphabet and artificial intelligence startup Anthropic. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Washington-based UniBank and its parent company U&I Financial have agreed to measures to be taken under an enforcement action issued Thursday (Oct. 24) by the Federal Reserve Board. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Three trade associations filed a lawsuit Wednesday (Oct. 23), aiming to block the Federal Trade Commission’s (FTC) “click-to-cancel” rule. 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...
