The Consumer Financial Protection Bureau ordered Cash App owner Block to pay $175 million to address security failures. 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...
President-elect Donald Trump is reportedly considering a plan to halt a ban on TikTok. 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...
Block has agreed to pay an $80 million fine and undertake corrective actions to resolve a coordinated enforcement action by 48 state financial regulators that alleged the company violated Bank Secrecy Act (BSA) and anti-money laundering (AML) laws. Get the Full Story Complete the form...
The Federal Trade Commission (FTC) said Wednesday (Jan. 15) that a proposed settlement order will require web hosting company GoDaddy to improve its information security program. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Mortgage lenders offering home equity contracts must comply with laws like the Truth in Lending Act, according to 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 — no...
The Office of the Comptroller of the Currency (OCC) has completed the enforcement actions it pursued against 11 former Wells Fargo senior bank executives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
The U.K.’s Competition Appeal Tribunal reportedly ruled that a lawsuit accusing Apple and Amazon of collusion cannot proceed. 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...
The European Commission is reportedly reconsidering its investigations into U.S. tech giants as U.S. President-elect Donald Trump is set to take office next week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The U.S. government’s impending ban on certain car parts from China and Russia, particularly those critical for connectivity and vehicle autonomy, is raising concerns across the automotive industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...