investigation

Mastercard Incurs $650M Charge Over EU Antitrust Fine
Mastercard Incurs $650M Charge Over EU Antitrust Fine
December 04, 2018  |  ANTITRUST

Mastercard incurred a $650 million fourth-quarter charge related to a large fine over a 2015 EU antitrust investigation, Reuters reported on Tuesday (Dec. 4). Get the Full Story...

READ MORE >
Merchant Cash Advance Firms In NY AG’s Crosshairs
Merchant Cash Advance Firms In NY AG’s Crosshairs
December 04, 2018  |  Alternative Finances

The NY AG is looking into how state courts are a weapon against small business owners, who sign documents that allow merchant cash advance firms...

READ MORE >
Tiny Deutsche Bank Unit At Heart Of Money Laundering Investigation
Tiny Deutsche Bank Unit At Heart Of Money Laundering Investigation
December 04, 2018  |  Security & Fraud

The center of the money laundering investigation at Deutsche Bank lies at a tiny unit that was barely able to eke out a profit and...

READ MORE >
Danske Bank Charged In Money Laundering Scandal
Danske Bank Charged In Money Laundering Scandal
November 28, 2018  |  Security & Fraud

Preliminary charges have been filed against Denmark’s biggest lender, Danske Bank, over allegations that it violated the country’s money laundering laws, according to a report...

READ MORE >
PayPal-iZettle Deal Probed By UK Antitrust Watchdog
PayPal-iZettle Deal Probed By UK Antitrust Watchdog
November 27, 2018  |  Partnerships / Acquisitions

The U.K. antitrust watchdog is looking into PayPal‘s acquisition of European startup iZettle, according to The Wall Street Journal (WSJ). Get the Full Story Complete the...

READ MORE >
Malaysian PM: Goldman Bankers ‘Cheated’ The Country
Malaysian PM: Goldman Bankers ‘Cheated’ The Country
November 14, 2018  |  International

Malaysian Prime Minister Mahathir Mohamad has alleged that Goldman Sachs “cheated” the country regarding a state fund for 1Malaysia Development Bhd (1MDB), and that U.S....

READ MORE >
Walmart: Flipkart CEO Bansal Is Out
Walmart: Flipkart CEO Bansal Is Out
November 13, 2018  |  Personnel

Walmart announced Tuesday (Nov. 13) that Binny Bansal, the chief executive of Flipkart, the Indian eCommerce company Walmart recently acquired, has resigned effective immediately. Get...

READ MORE >
Nordstrom Breach Exposes Data On 76K Employees
Nordstrom Breach Exposes Data On 76K Employees
November 12, 2018  |  Security & Fraud

Nordstrom has suffered a data breach that exposed employee names, Social Security numbers, dates of birth, checking account and routing numbers, salaries and more. Get...

READ MORE >
Poll: Facebook Trustworthiness Dead Last At 22 Pct
Poll: Facebook Trustworthiness Dead Last At 22 Pct
November 09, 2018  |  Facebook

A new poll shows that Americans believe Facebook to be the least trustworthy of all the major technology companies as far as protecting user data. According...

READ MORE >