Payday lending practices again came under fire Wednesday (Oct. 16) from members of the U.S. Congress, as Kathy Kraninger, director of the Consumer Finance Protection Bureau (CFPB), faced lawmakers during their semi-annual review of the agency. Get the Full Story Complete the form to unlock this...
The CEO of Foursquare, a location data company, wrote an op-ed piece in the New York Times Wednesday (Oct. 16), saying, “It’s time for Congress to regulate the industry.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Apple payment platform, Apple Pay, is again being investigated by the European Commission again, MLex reported on Wednesday (Oct. 16). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The U.S. has accused Halkbank, one of Turkey’s largest banks, of participating in a scheme to evade sanctions against Iran. In an indictment filed on Tuesday (Oct. 15) in Manhattan federal court, prosecutors alleged that the plot involved high-ranking government officials in Iran and Turkey....
A 2017 deposition is giving insight into Uber‘s legal strategy when fighting back against driver-related lawsuits. 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...
Google’s appeal against a $2.64 billion fine for antitrust practices in the EU will be heard by a court over a three-day period in February. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
U.S. financial regulators have warned firms with registered digital assets that they must follow securities laws to prevent money laundering, as well as report any suspicious activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Bengaluru-based Razorpay would like to work with the Reserve Bank of India (RBI) on new regulations that would make it mandatory for payments companies to comply with RBI’s entry point, technology, security, data storage and more. Get the Full Story Complete the form to unlock...
Adding another possible legal showdown to the Libra crypto project, and potentially adding to its list of challenges, Facebook’s Calibra is facing a suit for trademark infringement by the Current mobile banking app. The complaint claims that Calibra’s logo is too similar to Current’s, which...
