Lawsuits

SS&C Disputes Data Misuse Damages and Asks $889 Million From BNY Mellon
SS&C Disputes Data Misuse Damages and Asks $889 Million From BNY Mellon
February 05, 2024  |  Legal & Regulation

Canadian FinTech SS&C is reportedly accusing banking giant BNY Mellon of data misuse. The long-standing legal dispute is returning to court, Bloomberg News reported Monday (Feb 5), with SS&C —...

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New York Sues Citi for Allegedly Failing to Protect and Reimburse Fraud Victims
New York Sues Citi for Allegedly Failing to Protect and Reimburse Fraud Victims
January 30, 2024  |  Legal & Regulation

New York Attorney General Letitia James accused Citi of failing to protect fraud victims. In a lawsuit filed Tuesday (Jan. 30), the state’s top prosecutor...

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Binance to Seek Dismissal of SEC Lawsuit
Binance to Seek Dismissal of SEC Lawsuit
January 19, 2024  |  Cryptocurrency

Cryptocurrency exchange Binance is scheduled to go head-to-head with the Securities and Exchange Commission (SEC) on Monday (Jan. 22).  Binance had previously sought the dismissal of the SEC’s lawsuit...

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CFPB Sues Strategic Financial Solutions Over Alleged Fee Collection
CFPB Sues Strategic Financial Solutions Over Alleged Fee Collection
January 19, 2024  |  Legal & Regulation

The Consumer Financial Protection Bureau (CFPB) announced Friday (Jan. 19) that it has launched a lawsuit against Strategic Financial Solutions (SFS), charging it with running an...

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Sam Altman: NY Times Lawsuit Not a Priority for OpenAI
Sam Altman: NY Times Lawsuit Not a Priority for OpenAI
January 18, 2024  |  Artificial Intelligence

OpenAI’s chief executive is reportedly unconcerned about a lawsuit by The New York Times against his company. The newspaper sued OpenAI and partner Microsoft late last year, accusing the companies...

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Binance Records $4.6 Billion in Inflows Following US Government Settlement
Binance Records $4.6 Billion in Inflows Following US Government Settlement
January 18, 2024  |  Cryptocurrency

Last November, Binance paid a landmark $4.3 billion settlement to the U.S. government. Since then, the world’s largest cryptocurrency exchange has recorded net inflows of $4.6 billion, Bloomberg...

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Report: Justice Department Considering Antitrust Lawsuit Against Apple
Report: Justice Department Considering Antitrust Lawsuit Against Apple
January 17, 2024  |  Mobile Commerce

Apple is reportedly facing an impending antitrust lawsuit in the United States, with the Justice Department preparing to take on the tech giant.  The lawsuit, which could be...

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Will Letting Developers Link to Outside Payments Dent Apple’s Ecosystem Efforts? 
Will Letting Developers Link to Outside Payments Dent Apple’s Ecosystem Efforts? 
January 17, 2024  |  Mobile Commerce

For Apple, the move to forge an ecosystem with services at the center has been years in the making. But now, with new payments practices...

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Will AI’s Biggest Questions Find Their Answers This Year?
Will AI’s Biggest Questions Find Their Answers This Year?
January 17, 2024  |  Artificial Intelligence

Technological innovations bring with them vast economic opportunities, but also an equal number of questions. These can include questions around their most effective use, questions...

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