Tim Sloan, CEO of Wells Fargo & Company, said Tuesday (Sept. 12) that the company is improving its cost controls in relation to revenue as it claws its way out of its fake account scandal. Get the Full Story Complete the form to unlock this...
U.S. senators are calling for a federal investigation into the sale of nearly $2 million in shares of Equifax by company executives after its massive data breach. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Yelp, the online reviews company, is reportedly claiming that Google is going back on a promise made as part of a settlement over tech regulation back into 2012, in which Google said it wouldn’t use content from third-party websites without their permission. Get the Full...
Late last week, regional bank TCF Financial Corporation saw a judge dismiss some of the claims lodged against it by the Consumer Financial Protection Bureau. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
One week ago, the CFPB’s arbitration rule seemed more or less doomed to the scrap heap of financial regulatory history. Although it was approved in final form by the CFPB in July – after a lengthy and contentious rulemaking process – Republican lawmakers vowed to strike down the law within 24 hours...
The Securities and Exchange Commission (SEC) announced that financial services company State Street has agreed to pay more than $35 million to settle charges that it fraudulently charged secret markups. The company has also admitted to separately omitting material information about its platform for trading U.S....
Uber is the focus of a federal investigation in New York as authorities determine whether the ridesharing company used software to interfere illegally with its competitors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Wells Fargo saw a federal appeals court Thursday (Sept. 7) order a federal district judge to take another look at a whistleblower lawsuit lodged against the bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
DraftKings and FanDuel will pay a combined $2.6 million as a settlement for unfair and deceptive practices affecting fantasy sports consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
