U.S. income tax preparation company H&R Block has taken issue with Square’s recent name change to Block and has filed a lawsuit in federal court, according to a press release Thursday (Dec. 16). Get the Full Story Complete the form to unlock this article and...
Citing concerns about the buy now, pay later (BNPL) sector, the Consumer Financial Protection Bureau has ordered five BNPL firms to turn over information about their industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Mergers and acquisitions have been a mainstay of financial services, a strategic tool that helps big firms get bigger and smaller firms become, well, big. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Council of Financial Regulators released on Thursday (Dec. 16) its quarterly statement, where it endorsed the treasurer’s plans for a major reform in the payment system, including potential regulation of crypto-assets. Get the Full Story Complete the form to unlock this article and enjoy...
More digital banking services mean more of an opportunity for identity theft. In the AML/KYC Tracker, Tom Curran, chief risk and compliance officer at Upgrade, explains how using data combined with biometric tech has helped reduce fraud at account opening in a secure, compliant way.
U.S. companies may have made significant progress in bringing innovation to the payment systems that undergird the digital economy, but regulation hasn’t necessarily kept apace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
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 this form, you agree to receive marketing communications from PYMNTS and...
The U.K. Competition and Markets Authority (CMA) published an interim report on Tuesday (Dec. 14), that found Google and Apple “exercise a vice-like grip over mobile devices.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The European Union announced on Dec. 9 a legislative package with proposals to improve the working conditions of people using digital labor platforms. While many platform workers are truly self-employed as defined by the new proposed rules, there are an estimated 5.5 million people working...