U.K. financial regulators haven’t tackled risks adequately, ex-Bank of England governor Paul Tucker says, and now they should construct a “comprehensive” new policy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Regulators in the U.S. are looking into whether big regional banks should be required to add to the debt buffer that helps them in times of crisis, which could slow down some pending mergers. Get the Full Story Complete the form to unlock this article...
Consumer credit bureau Experian is facing a class-action lawsuit over allegations that it didn’t do enough to prevent identity thieves from sabotaging peoples’ accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Cryptocurrency firm Voyager Digital has received approval from the U.S. Bankruptcy Court in New York to return $270 million in cash to its customers, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Goldman Sachs said Thursday (Aug. 4) it is cooperating with an investigation by the Consumer Financial Protection Bureau (CFPB) into its credit card business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Coinbase Global wants the U.S. Supreme Court to end two users’ lawsuits against the cryptocurrency exchange until the company is done with its appeals that it hopes will send those cases to arbitration. Get the Full Story Complete the form to unlock this article and...
The Clearing House has petitioned the Consumer Financial Protection Bureau (CFPB) to make new rules around aggregation services, or third-party companies dealing with peoples’ financial data, many of which aren’t looked into closely by the CFPB. Get the Full Story Complete the form to unlock...
Chinese grocery delivery company Missfresh is facing lawsuits from both laid-off employees and investors, alleging unpaid salaries and violations of securities laws. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
The New York State Department of Financial Services (NYDFS) has fined the cryptocurrency trading unit of online brokerage Robinhood $30 million for alleged violations of anti-money laundering (AML) and cybersecurity regulations, The Wall Street Journal (WSJ) reported Tuesday (Aug. 2). Get the Full Story Complete...