On May 1, a new rule issued by the Office of the Comptroller of the Currency (OCC) that modifies the requirements for national banks and federal savings associations to file suspicious activity reports (SARs) will start to be applicable. Get the Full Story Complete the...
To say we’re behind on medical debt is an understatement on several levels. It wasn’t until 2021 when the Census Bureau finally caught up with data collected on this issue in 2017. Get the Full Story Complete the form to unlock this article and enjoy...
In an April 13 blog post, the International Monetary Fund (IMF) explained the benefits that FinTech companies have brought to consumers, but it also highlighted the challenges that these sometimes lightly regulated entities pose for regulators. The IMF’s recommendation to reduce risks is more regulation....
Federal prosecutors have filed charges against a number of people over the past few weeks for allegedly carrying out a variety of scams connected to the COVID pandemic that totaled $150 million in improper government payments. Get the Full Story Complete the form to unlock...
The Consumer Financial Protection Bureau (CFPB) closed its public consultation on junk fees April 11. Two days later, the agency published a blog post highlighting the $1 billion savings that consumers will soon obtain thanks to the elimination of non-sufficient fund (NSF) fees on their...
For the second time in a month, the Securities and Exchange Commission has the crypto industry up in arms about what it calls an attempt at backdoor regulation that, depending on who you ask, falls anywhere on the spectrum between opaque and unconstitutional. Get the...
A French court has fined a pair of former Deliveroo executives for abusing the freelance status of the British food delivery platform’s workers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Antitrust laws in the U.S. were enacted more than 100 years ago, but for Jon Roellke, partner at Morgan Lewis, this is the most significant antitrust moment in the last 35 years of his career. Get the Full Story Complete the form to unlock this...
The Washington Commanders have denied allegations of financial misconduct, The Wall Street Journal (WSJ) reported Monday (April 18). 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...
