Huawei, the Chinese telecom company that landed on a blacklist in the U.S., has filed a motion in U.S. court aiming to get it tossed out. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Bank of Spain wants eurozone countries to complete their banking alliance by creating a deposit insurance scheme and a stabilization fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
A year after the debut of Europe’s General Data Protection Regulation (GDPR), a total of €56 million ($62 million) in fines have been doled out. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The headlines in recent weeks tied to the Office of the Comptroller of the Currency (OCC) have centered on legal disputes over national bank charters for FinTech companies. As has been reported in past weeks, a ruling handed down by a federal judge in New...
Baoshang Bank, based in Inner Mongolia, will be taken over by China’s banking and insurance regulator over critical credit risks, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Stephen Calk, the founder of the Federal Savings Bank of Chicago, a mortgage lender and a former economic adviser to President Trump’s 2016 campaign, has been charged with bribing Paul Manafort, Trump’s former campaign chairman. Get the Full Story Complete the form to unlock this...
Germany’s financial markets watchdog BaFin has ordered FinTech N26 to boost its anti-money laundering (AML) controls. 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...
Members of Congress supported a plan to draft legislation aimed at the use of facial recognition software by law enforcement on Wednesday (May 22), according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
European Competition Commissioner Margrethe Vestager said measures put in place for Google to boost competition in online shopping results appear to be working, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...