The Consumer Financial Protection Bureau (CFPB) sued Capital One Tuesday (Jan. 14), alleging that the bank promoted one savings account as offering one of the nation’s “highest” interest rates at the same time it offered another one that paid out rates that were as much...
Google is the first tech company investigated under the United Kingdom’s new competition law. 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...
Since Jan. 1, the U.K.’s Competition and Markets Authority (CMA) has been granted new powers to regulate digital markets, investigate firms, impose remedies and enforce sanctions. The newly introduced Digital Markets, Competition and Consumers Act (DMCC) closely aligns with the European Union’s Digital Markets Act,...
The Securities and Exchange Commission (SEC) said Monday (Jan. 13) that two Robinhood broker-dealers have agreed to pay $45 million in combined civil penalties to settle charges that they failed to observe a “broad array” of regulatory requirements. Get the Full Story Complete the form...
The Federal Trade Commission (FTC) is reportedly preparing to sue real estate development and property management firm Greystar Real Estate Partners, alleging that the company charged tenants hidden fees. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Consumer Financial Protection Bureau (CFPB) said Monday (Jan. 13) that it aims to stop financial companies from using fine print in contracts that results in customers waiving their legal rights or free speech. Get the Full Story Complete the form to unlock this article and...
Cryptocurrency exchange Binance and founder Changpeng Zhao are reportedly set to face a class action by investors after a Monday (Jan. 13) decision by the U.S. Supreme Court. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Apple is in court in the U.K. this week defending itself against monopoly-related charges. 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 Today....
Asset manager BlackRock is reportedly facing a new deadline over its investments in government-backed banks. 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,...