Legal

Legal
UK Court Resolves Legal Dispute Between JPMorgan, Viva Wallet Founder
June 13, 2024

A Thursday (June 13) ruling by a London High Court judge reportedly resolved a legal dispute between J.P. Morgan Chase & Co. and Haris Karonis, the founder and CEO of Greek FinTech company Viva Wallet. Get the Full Story Complete the form to unlock this...

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SEC Seeks Federal Judge’s Approval of Settlement With Terraform Labs
June 12, 2024

The Securities and Exchange Commission reportedly asked a federal judge Wednesday (June 12) to approve a settlement with Terraform Labs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Synapse’s Specter of Commingled Funds Points to Issues in FinTech, BaaS Governance
June 12, 2024

If there’s a surety in FinTech, and particularly within banking as a service, it’s that there will be more regulations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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SEC, US Attorney Charge Joonko Founder Ilit Raz With Fraud
June 11, 2024

The founder of a now-closed artificial intelligence (AI) recruitment startup called Joonko is facing charges from both the Securities and Exchange Commission (SEC) and the United States Attorney’s Office for the Southern District of New York. Get the Full Story Complete the form to unlock...

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Synapse Hearing Highlights Frustration With Banking-as-a-Service Complexities
June 10, 2024

The drama surrounding the Synapse Financial bankruptcy continued Friday (June 7) with an afternoon court hearing in California’s Central District Bankruptcy Court, although the case appeared no closer to a resolution. As a result, the hearing set the stage for what will be a complex...

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UK Tribunal Allows Class Action Lawsuits Against Visa, Mastercard
June 07, 2024

Visa and Mastercard are facing new lawsuits over multilateral interchange fees. 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...

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Judge Allows Yelp to Sue Firm That Claimed to Remove ‘Bad’ Reviews
June 07, 2024

Yelp can continue a trademark infringement and unfair competition lawsuit against a company that advertised that it could remove “bad” reviews from the platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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Google Will Get Judge’s Hearing in AdTech Antitrust Trial
June 07, 2024

Google parent Alphabet’s trial on antitrust charges around its advertising technology will be decided by a judge rather than a jury. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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Synapse Bankruptcy Trustee Finds $85 Million ‘Shortfall’ Amid Tangled Web of Accounts
June 07, 2024

Former Federal Deposit Insurance Corp. Chair Jelena McWilliams will present her initial findings as trustee of Synapse’s Chapter 11 bankruptcy case Friday afternoon (June 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...