Zopa, the United Kingdom-based peer-to-peer (P2P) lender, has reached its latest milestone and received its banking license as it takes on traditional banks, the Financial Times reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Department of Justice (DOJ) and a group of state attorneys general are looking to meet soon to discuss an antitrust lawsuit against Google, sources told The Wall Street Journal (WSJ). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Hours after Wirecard AG’s former CEO was arrested, German Finance Minister Olaf Scholz said lawmakers must tighten regulations because the payment services company has embarrassed the nation’s financial watchdog, Reuters reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
What’s in a name? Apparently, a lot – if you are dealing with Chinese regulators. 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,...
Vendorcom wants answers. 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...
Germany’s Commerzbank London has agreed to pay a fine of £37,805,400 — about $47.45 million — “for failing to put adequate anti-money laundering (AML) systems and controls in place between October 2012 and September 2017,” Britain’s main bank regulator said in a news release on...
In the United Kingdom, and for the payment network giants in the decades-long legal battle over interchange fees — next stop, trial court? Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Two of the world’s largest credit card companies have lost their bid to assess fees on retailers in the United Kingdom. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
U.S. bank profits took a hit of 69.6 percent in profits in the first quarter of the year compared to the same time last year, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
