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Deutsche Bank Headquarters Raided by German Authorities in Money Laundering Probe
May 01, 2022

Deutsche Bank had its Frankfurt headquarters raided by Germany’s federal police office, criminal prosecutors and financial watchdog BaFin on Friday (April 29), the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

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Epic Files Motion to Stop Google From Pulling Bandcamp From Play Store
April 29, 2022

Epic Games, known for the popular digital game Fortnight, filed a motion to prevent Google from pulling independent music storefront Bandcamp from the Android App Store, according to a blog post on Friday (April 29). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Federal Jury Convicts Man for Defrauding American Express of $4.7M
April 27, 2022

A California man has been convicted by a federal jury for reportedly defrauding American Express for over $4.7 million and money laundering, according to a Wednesday (April 27) press release from the U.S. Department of Justice. Get the Full Story Complete the form to unlock...

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Fintiv Sues PayPal, Apple Pay, Alleging Patent Infringement
April 27, 2022

Mobile payments and commerce platform Fintiv has slapped PayPal and Apple Pay with a lawsuit on allegations of patent infringement, according to Asia Financial and other reports on Wednesday (April 27). Fintiv filed a similar lawsuit against Walmart. Get the Full Story Complete the form...

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Ray-Bans Maker Sues JPMorgan, Claiming Bank Could Have Stopped $272M Fraud
April 26, 2022

Essilor Manufacturing, a unit of the French maker of Ray-Ban glasses, has sued JPMorgan Chase Bank over claims the bank had ignored red flags as cybercriminals from around the globe drained $272 million from its New York account, a report said. Get the Full Story...

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Authentic Brands Sues Bolt, Claiming $150M in Lost Sales
April 26, 2022

Forever 21 owner Authentic Brands Group (ABG) is suing Bolt Financial, accusing the payments startup of failing to deliver on its technology and costing ABG $150 million in sales. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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Intuit Faces Class-Action Lawsuit Over Trezor Phishing Hack
April 24, 2022

Intuit is facing a class-action lawsuit for reportedly not securing its email marketing service, Bloomberg reported Friday (April 22). 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...

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MoneyGram Gets Ready to Fight ‘Meritless Lawsuit’
April 22, 2022

Global money transfer company MoneyGram is getting ready to fight a civil lawsuit filed by the director of the Consumer Financial Protection Bureau (CFPB) and the New York Attorney General (NYAG) that alleges it failed to provide money to overseas recipients in a timely manner,...

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CFPB and New York AG Sue MoneyGram 
April 21, 2022

The federal Consumer Financial Protection Bureau (CFPB) and New York’s attorney general filed a federal lawsuit against MoneyGram International, Inc. and MoneyGram Payment Systems, Inc., alleging the companies failed to provide money to overseas recipients in a timely manner, according to a Thursday (April 21)...