Wells Fargo is facing more legal woes, with the Navajo Nation filing a federal lawsuit this week against the bank, claiming it targeted tribal members with “predatory sales tactics.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Airbnb, the short-term, home-sharing site, has removed a payment system in France that was deemed controversial. 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...
The Australian Senate has passed legislation extending anti-money laundering and counter-terrorism financing regulation of digital currency exchanges. 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...
In the latest bit of bank regulation news surrounding beleaguered Wells Fargo, the tweets come from the top — from the top of the governmental food chain, so to speak and from the very Twitter account wielded by President Donald Trump. Get the Full Story...
The Consumer Financial Protection Bureau’s new interim head, Mick Mulvaney, is looking at Wells Fargo’s case to see if it should be on the hook for tens of millions of dollars over mortgage lending abuse, reported Reuters. Get the Full Story Complete the form to...
The state of California’s insurance regulator is aiming to suspend or revoke the insurance licenses from Wells Fargo due to illicit sales practices with an online referral program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Bank examiners can stay in house, a policy where they work inside the institutions they supervise. 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...
The European Court of Justice, the court of last resort in the EU, has ruled that luxury good makers may ban the sale of their products on eCommerce platforms like Amazon to maintain the exclusivity of their brands. Get the Full Story Complete the form...
In a soap opera that seems determined to get ever bubblier, the CFPB has now been sued by a federal credit union looking to stop Mick Mulvaney from being installed as the agency’s leader. Get the Full Story Complete the form to unlock this article...
