PWC

PwC Charged $625.3M For Colonial Bank Fraud Scheme
PwC Charged $625.3M For Colonial Bank Fraud Scheme
July 03, 2018  |  Security & Fraud

Following a non-jury trial in March, a federal judge has said that PricewaterhouseCoopers LLP (PwC) must pay the Federal Deposit Insurance Corp. (FDIC) $625.3 million...

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UK Accounting Watchdog Ramps Up Fines
UK Accounting Watchdog Ramps Up Fines
June 20, 2018  |  B2B Payments

The U.K.’s accounting watchdog, the Financial Reporting Council (FRC), has now levied more fines in two days than it has in the entirety of 2017, according...

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Bitcoin Daily: Fed: Futures Led To Bitcoin Price Drop, PwC Subs Invest In Blockchain Firm
Bitcoin Daily: Fed: Futures Led To Bitcoin Price Drop, PwC Subs Invest In Blockchain Firm
May 09, 2018  |  Bitcoin

The decline in the price of bitcoin over most of this year to date might be related to the launch of cryptocurrency derivatives, Yahoo! Finance...

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Zelle’s Growing Pains With Fraud
Zelle’s Growing Pains With Fraud
April 23, 2018  |  Security & Fraud

While Zelle’s business is booming, many people are reporting that hackers have used it to clean out their bank accounts. Zelle was created as the...

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Regs Want UK To Consider Big Four Accountancy Breakup
Regs Want UK To Consider Big Four Accountancy Breakup
March 19, 2018  |  B2B Payments

U.K. regulators are encouraging an inquiry into whether the market’s Big Four accountancy firms — KPMG, Deloitte, PwC and EY — should be broken up...

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PwC Hit By Two-Year Ban In India
PwC Hit By Two-Year Ban In India
January 12, 2018  |  B2B Payments

India regulators have banned PricewaterhouseCoopers (PwC) from auditing in the nation for the next two years, according to news from The Financial Times this week. According to...

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China FinTechs Turn To Overseas IPOs To Raise Capital
China FinTechs Turn To Overseas IPOs To Raise Capital
September 07, 2017  |  International

With China tightening its regulations, some of the country’s largest FinTech startups are eyeing initial public offerings (IPOS) overseas. According to a report in Finextra,...

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Aztec Exchange May Be Headed For Liquidation
Aztec Exchange May Be Headed For Liquidation
August 24, 2017  |  B2B Payments

A company news message at Irish invoice financing company Aztec Exchange suggests the firm is headed toward liquidation. Aztec Exchange has called for a meeting...

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PwC Fined Record $6.5M For Auditing Misconduct
PwC Fined Record $6.5M For Auditing Misconduct
May 12, 2017  |  B2B Payments

A U.K. regulator has fined PwC $6.5 million — a record for the watchdog, reports said — for misconduct during its audit of Connaught. Reports Thursday (May...

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