In the rundown of how individual countries rank, in terms of regulators levying fines on people and corporations, the United States tops the list. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The Office of the Comptroller of the Currency (OCC) isn’t satisfied with the progress Wells Fargo has made in reimbursing customers who might have been affected by scandals in its auto lending and mortgage units. Get the Full Story Complete the form to unlock this...
Headlines tied to the General Data Protection Regulation (GDPR) as of late have been focused on what possible fines might be levied against British Airways amid last month’s news of a data breach that touched 380,000 customers. The fact remains, though, that the ledger of...
Securities law experts say that the U.S. Securities and Exchange Commission’s recent settlement with Tesla’s Elon Musk is proof that the agency is getting tougher on corporate regulation of executives. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The Securities and Exchange Commission (SEC) has hit Voya Financial Advisors (VFA) with a $1 million fine for a failure to implement sufficient cybersecurity policies that compromised customer data. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Sending a payment looks easy from the front end — so easy, in fact, that it can be hard to believe how complicated something like moving funds electronically from a customer to a merchant can really be at the back end. Among other things, being in the...
European regulators this week continued to show their love, respect and admiration for U.S.-based tech and eCommerce firms, removing hurdles that might hamper their success on that continent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Credit Suisse has been censured by FINMA, the Swiss financial supervisor, for weak anti-money laundering processes, reported Financial Times. 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...
The chairman of the Federal Trade Commission (FTC) said he might consider getting tougher on antitrust enforcement, which would have an impact on high-profile big tech companies such as Google and Facebook. Get the Full Story Complete the form to unlock this article and enjoy...
