Get ready for some sinking bank profits. The Wall Street Journal reported on Thursday (June 16) that accounting rules are taking effect that would ensure that banks would have to report loans going south much earlier than had been done before, which may push reserves...
We all learned as children that we ought to mind our manners, but as AT&T learned this week, being polite can have some high costs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
As a general rule, most startups aren’t too happy when the regulator comes around, and it is rarely indicative of good news. Uber had many wonderful years of asking for forgiveness instead of permission and managed to build a worldwide ridesharing empire on the strength...
Uber just made some more enemies in Europe. 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. By completing this form, you...
The judge in Uber‘s New York anti-trust case has ordered the release of documents to determine if the private investigators hired by the ride-hailing service gathered information about its competitors in a fraudulent manner. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The Department of Justice is taking a more interested look into the world of online financial services — lending in particular — as an area ripe for potential abuse as technology is replacing old school safeguarding systems. Get the Full Story Complete the form to...
The stage may be set — or may be setting up to be set — for a tech and regulatory battle between Chinese giant Huawei and its U.S. counterparts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The sharing economy, regardless of country, has ruffled a lot of regulatory feathers. 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....
In a relatively new twist on payday lending oversight, small lenders claiming ties with tribal entities cannot claim sovereign immunity when it comes to extending loans and the interest rates tied to those loans. As reported by Courthouse News Service, sovereign immunity does not “shield” payday...
