Berkshire Hathaway is a big fan of financial services company Wells Fargo, but Warren Buffett’s support of the San Francisco bank could cause his company to run afoul of U.S. securities laws. Get the Full Story Complete the form to unlock this article and enjoy...
Winning the hearts and minds of newly released inmates from federal prison may have been the goal of JPMorgan Chase when it inked a deal to provide them with debit cards, but that strategy seems to be imploding with the financial giant having to fork...
Ridesharing services, like Uber, aren’t only the domain of the U.S. and Europe. They are now making their way to China in a more official and supportive manner. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
A 42-year-old man charged with running a high-end counterfeit money scheme was hauled into a New York courtroom on Wednesday (July 27) after being extradited from Malaysia. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Depending on who you are and where you are in the world, the ISO 20022 framework can mean a lot of different things. Though the standard is nothing new, it’s continued to fuel ongoing confusion about what its true purpose is. Jan Estep, President and...
When I read the announcement that the Second Circuit had reversed the decision approving settlement of the long-running class action challenging interchange, the short prelude to John Lennon’s “(Just Like) Starting Over” played in my head. That song, if you don’t know it, opens with...
Arguing about politics is an invitation to get drawn into an exchange of polemics, but economic analysis requires a more definite set of evaluations. That’s what makes financial regulation such a sticky subject on Capitol Hill. No matter the political persuasions, there seem to be statistics...
A consortium of regulatory agencies has issued a proposal that would help make annual adjustments to inflation that would be used to scrutinize small loans from mortgage loan appraisal requirements that carry hefty price tags. Get the Full Story Complete the form to unlock this article and...
Sainsbury was awarded $91 million by a London judge following a long-running dispute over fees charged on card transactions with Mastercard Inc. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
