Wall Street and Washington, D.C., are transient towns, in a way. Heads of banks and regulatory agencies come and go, and staffers come and go. Yet the institutions endure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Marketplace lenders may have to provide more information about borrowers if anything comes from comments from U.S. Securities and Exchange Commission Chair Mary Jo White. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The Federal Trade Commission said on Thursday (Nov. 10) that NetSpend Corp. has been misleading to consumers of its prepaid cards, with promises that they would have immediate access to funds, with “no holds and no waiting.” Get the Full Story Complete the form to...
In a town hall meting last night, Wells Fargo’s new CEO Timothy Sloan admitted the bank had found “some instances” where reports by employees of bad behavior to its ethics line weren’t handled correctly. That explanation comes in response to accusations that Wells Fargo employees faced...
On Thursday (Nov. 10), the Federal Communications Commission issued a letter to telecom giant AT&T highlighting why the company’s practice of not counting its own streaming video services as data usage for its customers may be unfair. Get the Full Story Complete the form to...
Many things are likely to change in a Trump administration, among them the Securities and Exchange Commission. 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...
PayQwick, the closed-loop payment platform geared for the legal marijuana industry, announced Monday (Nov. 7) its payment processing, banking and compliance platform exceeds California State Board of Equalization track-and-trace recommendations and federal guidelines. Get the Full Story Complete the form to unlock this article and...
Wells Fargo’s new CEO Tim Sloan said on Thursday that a comprehensive review of the bank’s sales practices will be done ‘relatively quickly’ before unveiling the immediate changes going into place under new retail banking head Mary Mack. Get the Full Story Complete the form to...
Finextra reported that Switzerland’s Federal Council is attempting to ease regulations on FinTech firms by the beginning of next year. The council has introduced a three-point plan it hopes will increase competition in the nation’s financial sector. Get the Full Story Complete the form to...
