The Federal Reserve is mandating that Banco Santander SA make sweeping changes in its risk management practices at its U.S. unit, The Wall Street Journal reported Tuesday (July 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
While all eyes are on cyberattacks and security breaches, a new type of fraud made out of a single phone call is a harsh reminder that technology cannot protect from a human — even if honest — error. Get the Full Story Complete the form...
JPMorgan will pay $136 million — $11 million more than had been initially anticipated — to settle U.S. state and federal probes into the bank’s practices around the buying and selling of consumer credit card debt. Get the Full Story Complete the form to unlock...
The Federal Trade Commission is cracking down on payday loan operators accused of withholding millions of dollars from consumers by keeping them attached to loans that were never authorized, the FTC announced today (July 7). Get the Full Story Complete the form to unlock this...
Just three business days after PayPal announced it will acquire international money transfer provider, Xoom, for $890 million in an all cash deal, an investigation into the deal has surfaced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
After pleading guilty to bank fraud almost a year ago, an international cybercriminal has officially been sentenced to more than four years in prison for his role in hacking ATMs in an amount above $14 million. Get the Full Story Complete the form to unlock...
Transaction Network Services (TNS) and Verifone have forged a new agreement with an eye towards security. 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...
A new investigation has been launched by Securities and Exchange Commission regulators over whether or not investors are bending the rules when it comes to selling private tech stocks, sources close to the investigation said, The Wall Street Journal reported. Get the Full Story Complete...
The CFPB has taken action against two more companies for their unfair bill practices as it relates to credit card add-on product and services, the agency announced earlier this week (July 1). Get the Full Story Complete the form to unlock this article and enjoy...
