California, with the signature of Governor Jerry Brown, has officially passed a law that will make it easier for consumers to sue banks alleged to have created fraudulent accounts in their names. Get the Full Story Complete the form to unlock this article and enjoy...
With China gearing up to host a big Communist Party conference in October, the government is moving to clamp down on the internet. Most recently, it has reportedly blocked the WhatsApp messaging app owned by Facebook. Get the Full Story Complete the form to unlock...
In an effort to extend the European Union’s (EU) control over the financial industry following Brexit, the European Commission released a proposal on Wednesday (Sept. 20) which stated it would transfer some of the power to oversee the financial industry from each country’s capitals to the...
Google, aiming to prevent more fines from the European Union (EU), is offering to display competing comparison shopping websites through an auction, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Some of the most memorable television commercials of the 1970s and 1980s were those promoting E. F. Hutton’s brokerage services. When its tagline, “When E. F. Hutton talks, people listen,” was spoken in those commercials, everyone in the room stopped, turned to look and listened...
Two of President Trump’s nominees to key financial regulatory positions were reported out of committee and await consideration by the full Senate — despite concerns from Democrats that both candidates are too close to the financial industry, which they will be regulating. Get the Full...
U.S. Securities and Exchange Commission Chairman Jay Clayton said on Tuesday he is concerned that investors of all sizes don’t understand the full scale and scope of risks posed by cybercriminals and cybercrime. Get the Full Story Complete the form to unlock this article and...
Wells Fargo may, at times, seem to be on some sort of mission to see how many distinct groups can sue the bank before the year’s end — this week a new, and perhaps unexpected, demographic segment has entered the fray. Get the Full Story...
Federal Reserve Bank of New York Head William Dudley has violated code of conduct rules, reported Reuters. 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...
