The founder and CEO of a failed startup has pleaded guilty for defrauding former employees. 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,...
After a 45-minute meeting on Tuesday (Feb. 6), Comptroller of the Currency Joseph Otting had nothing but praise for acting Consumer Financial Protection Bureau (CFPB) Director Mick Mulvaney. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
U.S. Secretary of the Treasury Steven Mnuchin appeared to support pot companies storing their money in banks, testifying that the Treasury doesn’t want the marijuana business to remain a cash-based one. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
U.S. Treasury Secretary Steven Mnuchin says he has questions for the Consumer Financial Protection Bureau (CFPB) on its decision to pull back on the probe into last year’s Equifax hack that affected 143 million Americans. Get the Full Story Complete the form to unlock this...
Reuters reported news on Tuesday that banking regulators from seven states across the United States are working to, as the newswire reported, “streamline” the FinTech reporting process, with an eye on those tech firms having an easier road toward offering their products and services across the...
The heads of the Commodity Futures Trading Commission (CFTC) and the Securities Exchange Commission (SEC) are slated to testify in front of Congress on Tuesday (Feb. 6), and are expected to call for more oversight of cryptocurrencies, including bitcoin. Get the Full Story Complete the...
The U.S. Justice Department has charged two men for allegedly hacking ATM machines in order to illegally obtain cash from them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
President Donald Trump and his administration are facing complaints from consumer protection advocates, who are advocating for a reopening of the investigation into the Equifax data breach. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
China dealt bitcoin and cryptocurrency trading a major blow on Monday (Feb. 5) after it blocked all websites that enable cryptocurrency trading and initial coin offerings (ICOs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...