Senator Elizabeth Warren has come out swinging against U.S. corporations with a new proposal that would force the owners of successful companies to give “at least” 40 percent of their ownership rights to employees. Get the Full Story Complete the form to unlock this article...
Charges of money laundering and illegal money transmission have been levied against a 21-year-old bitcoin dealer in California. 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...
Three months in, the European Union’s General Data Protection Regulation still stymies some firms seeking to comply with new rules and regulations governing data protection and privacy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Financial Conduct Authority (FCA) and the Competition and Markets Authority (CMA) announced on Thursday (Aug. 16) that consumers and small businesses will have better information about the services offered by account providers so they can make better decisions about which services are right for...
The U.S. Securities and Exchange Commission (SEC) announced, according to Reuters, that it has charged Ameriprise Financial, a registered investment advisor and broker-dealer, $4.5 million due to the company’s failure to safeguard retail investor assets from theft by its representatives. According to the SEC’s order, five...
Build vs. buy. 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...
1,500 complaints about suspicious activity per month. 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...
The Consumer Financial Protection Bureau announced Friday (August 10) that it entered into a settlement agreement with Richard Moseley, Sr., Richard Moseley, Jr., and 20 interrelated corporate entities controlled by the two regarding payday loans. Get the Full Story Complete the form to unlock this article...
Federal Savings Bank‘s chief executive Steve Calk is being accused of helping Paul Manafort, the former Trump campaign chairman, secure loans in exchange for a post in the Trump administration. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
