investigations

Paytm Bank Under Audit Over Alleged Data Sharing With China

Paytm Bank Under Audit Over Alleged Data Sharing With China
Paytm Bank Under Audit Over Alleged Data Sharing With China
March 14, 2022  |  Bank Regulation

Paytm Payment Bank is being audited by the Reserve Bank of India (RBI) over allegations that it engaged in data sharing with organizations based in...

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EMEA Daily: Revolut CRO Leaves to Start Crypto Platform; FCA Pulls Plug on UK Crypto ATMs
EMEA Daily: Revolut CRO Leaves to Start Crypto Platform; FCA Pulls Plug on UK Crypto...
March 11, 2022  |  Cross-border Payments

In today’s top Europe, Middle East and Africa news, Revolut’s chief revenue officer is planning on leaving the U.K.-based financial company to launch a cryptocurrency...

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House Committee: Amazon Obstructed Investigation
House Committee: Amazon Obstructed Investigation
March 09, 2022  |  Amazon

A bipartisan group of U.S. representatives wants the Justice Department to investigate Amazon for what they say is a possible criminal obstruction of a Congressional...

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Sen. Ron Wyden Accuses ICE of Secretly Collecting Money Transfer Data
Sen. Ron Wyden Accuses ICE of Secretly Collecting Money Transfer Data
March 08, 2022  |  Legal & Regulation

A secret program overseen by Immigration and Customs Enforcement (ICE) covertly tracked and collected data on at least 200 million money transfers in the last...

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CFPB, State Attorneys General Probe Block Over Cash App
CFPB, State Attorneys General Probe Block Over Cash App
March 06, 2022  |  CFPB

Digital payment company Block, run by CEO Jack Dorsey, is now being investigated by the Consumer Financial Protection Bureau and several state attorneys general regarding...

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UK Media Regulator Investigates Russian TV Station Over Ukraine Coverage
UK Media Regulator Investigates Russian TV Station Over Ukraine Coverage
March 01, 2022  |  Cross-border Payments

The United Kingdom’s media watchdog is investigating the Russian-backed TV station over alleged bias in its coverage of the Ukraine invasion, the agency announced. Get...

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Criminal Charges Against Deutsche Bank, Citigroup Dropped in Australian Banking Cartel Case
Criminal Charges Against Deutsche Bank, Citigroup Dropped in Australian Banking Cartel Case
February 11, 2022  |  Legal & Regulation

Federal prosecutors on Friday (Feb. 11) dropped criminal charges against Citigroup, Deutsche Bank and four senior bankers related to a “significant cartel case” by the...

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China Investigation Triggers Delay in 60+ IPOs
China Investigation Triggers Delay in 60+ IPOs
January 28, 2022  |  IPO

More than 60 initial public offerings (IPOs) across China — including Deutsche Bank AG’s Chinese securities venture — are on hold as regulators look into...

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