Australia has officially closed a legal loophole such that as of today, it is no longer legal to charge a credit card surcharge that is higher than the cost of taking the payment itself. That adds up to about a 1.5 percent interchange fee for...
New cyber-rules are taking effect in New York state, with wide-ranging impact for financial services players near and far. Brexit gets down to business on data protection, and Down Under, underworld activities are raking in the (digital) dollars.
Things have been looking a bit more difficult for food delivery startup Blue Apron. After months of facing concerns that its competitive future may be limited now that Amazon has officially entered its space, now it has been hit by a lawsuit from a disgruntled...
Capitol Hill offers the ultimate horse race. Following who’s up, down, in the running, out of the race and which bills might pass … Why should it be any different when it comes to payments and financial services? PYMNTS’ Karen Webster sat down with Bill...
On the regulatory front, last week saw a bit of news about mergers – actually, more than a bit. 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...
Wells Fargo — after a year of headaches, hassles and a seemingly unending hit parade of scandals — is now facing the ire of regulators who question why the bank is not refunding insurance money owed to customers who paid off their loans early. Get...
August 9th 2007 is a day that will live in something like infamy for all those who remember it — it was the day that the financial crisis and Great Recession were said to have officially kicked off. The date is picked because it was...
Australia’s largest mortgage lender — Commonwealth Bank of Australia — has been officially accused by its government of widespread violations of anti-money laundering and counter-terrorism financing rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The Electronic Privacy Information Center is asking the FTC to take a closer look at Google’s new advertising program that attempts to tie consumers’ online actions with their later purchases in physical stores. Get the Full Story Complete the form to unlock this article and...
