A British court has denied Mastercard’s appeal that’s part of a 16-billion-pound (about $19 billion) class-action suit. 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...
Danish regulators have reported Jyske Bank for possible anti-money laundering (AML) violations. 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...
After Singapore’s state-owned investor Temasek wrote off its $275 million stake in now-bankrupt cryptocurrency exchange FTX, some of the country’s legislators are reportedly questioning the organization’s due diligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
In an effort to make sure digital payment transactions are regulated in India, the country’s reserve bank has issued a request for digital payments banking platform Paytm Payments Bank to reapply for its license to operate in India. Get the Full Story Complete the form...
A proposal that would have allowed Britain’s finance ministry to overturn decisions made by financial regulators has been removed from a bill that is now moving through Parliament. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Even though nonbanks are just what the name implies, in the eyes of regulators, some say it might be easier to treat them as if they were. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The U.K.’s Competition and Markets Authority (CMA) announced on Tuesday (Nov. 22) that it is ramping up its antitrust investigation of Apple and Google after receiving “widespread support” for the move, first proposed in June. Get the Full Story Complete the form to unlock this...
Four U.S. senators have signed a letter to SoFi Technologies CEO Anthony Noto expressing concerns about the online personal finance company and online bank’s digital asset trading activities and asking if it is working to conform them to U.S. banking law. Get the Full Story...
As it currently stands, the proposed Financial Services and Markets Bill in the U.K. will give the Treasury and Financial Conduct Authority (FCA) a new mandate to protect access to cash services across the country. Get the Full Story Complete the form to unlock this...
