The Federal Trade Commission (FTC) is taking action against both online alcohol marketplace Drizly and its CEO, James Cory Rellas, pointing to allegations that they were alerted to data security problems but failed to improve the company’s procedures before a data breach took place two...
In a bid to stop money launderers, South Korea’s Financial Services Commission (FSC) is planning a probe into the amount of stablecoins being used on crypto exchanges. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Credit Suisse will pay 238 million euros ($235 million) to settle a tax fraud and money laundering case in France. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Financial Services and Markets Bill is the centerpiece of the U.K. government’s post-Brexit regulatory architecture for financial services. 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...
When a credit report says that a child has a mortgage or that someone incurred a debt years before they were born, that’s obviously false “junk data,” according to the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this...
Only 12 years into its existence, and the Consumer Financial Protection Bureau (CFPB) may face an existential threat — or at least some significant restructuring. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Among the many ways digital technologies have shaped the way the world does business, the enhanced ability to collect and monetize customer data has been one of the most significant. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The Consumer Financial Protection Bureau (CFPB) has sued Active Network, saying the online event registration company duped people into signing up for its discount subscription club and generated $300 million in the process. Get the Full Story Complete the form to unlock this article and...
Meta Platforms says it will sell the GIF generator Giphy following an order from the U.K.’s Competition and Markets Authority Tuesday (Oct. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
