July 11, 2022
Will This be Year Crypto Gets Mention in Banks’ 10-Ks?
In the last couple of quarters, major banks haven’t had much to say about cryptocurrencies in their earnings reports or the subsequent analysts’ calls. Q2 2022 could be the quarter...
July 08, 2022
Credit Card App Ranking Squeezes 13 Apps Into the Top...
Like the credit card charges that stack up while traveling on a summer vacation, there are a lot of apps squeezed into this month’s edition of PYMNTS’ Provider Ranking of...
July 08, 2022
Weekly TechREG US: Federal Agencies Respond to Biden’s Crypto Executive...
This week, the U.S. Treasury proposed to the White House a plan to strengthen international cooperation on crypto regulation to make sure that the country leads the way in setting...
July 06, 2022
Today in FinTech: Voyager Goes Bankrupt; Revolut Teams With Stripe;...
In today’s FinTech news, Voyager has filed for Chapter 11 bankruptcy, adding to the mounting turmoil in the overall cryptocurrency ecosystem. Meanwhile, Revolut and Stripe are making moves in Latin...
July 06, 2022
Today in TechREG: Amazon Faces a New UK Antitrust Investigation;...
Today, the U.K. Competition Markets Authority launched an investigation against Amazon for allegedly giving its own sellers an unfair advantage in its marketplace over third parties. The Department of Commerce...
July 06, 2022
Law Firm Probes Zelle’s Unauthorized Fraud Reimbursement Position
A San Francisco law firm says it is investigating the fraud reimbursement practices of a number of major American banks that use the Zelle peer-to-peer payment system. The announcement Wednesday...
June 29, 2022
Authorized Push Payment Fraud Reaches ‘Epidemic’ Levels in UK
The U.K. is experiencing a widespread “epidemic” of payments fraud, in which scammers trick victims into sending money into fraudsters’ accounts, the Financial Times reported Wednesday (June 29). The report...
June 29, 2022
Maxine Waters Says Regulators Should Address Wells Fargo’s ‘Anti-Consumer Behavior’
Rep. Maxine Waters (D-Calif.), chairwoman of the House Financial Services Committee, has sent a letter to U.S. regulators over Wells Fargo’s allegedly discriminatory conduct and “anti-consumer behavior.” The letter is...
June 29, 2022
Today in TechREG: EU Lawmakers Look to Pass Online Platform...
Today in TechREG, allegations of fraud and scams against Walmart, Wells Fargo and Zelle followed very different paths. Whereas the lawsuit against the banking giant and the digital payment network...