settlement

Toys R Us Settles With Creditors To Complete Bankruptcy
Toys R Us Settles With Creditors To Complete Bankruptcy
July 20, 2018  |  Retail

Toys R Us has come to a settlement agreement with some groups of creditors, including vendors, to resolve its disputes related to its bankruptcy proceedings....

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Visa, Mastercard May Reach Settlement In Card Swipe Fee Suit
Visa, Mastercard May Reach Settlement In Card Swipe Fee Suit
June 28, 2018  |  Legal

More than a decade after merchants brought a class-action suit against Mastercard, Visa and card-issuing banks in 2005, a settlement between the parties is reportedly...

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In The Blockchain Race, FIs Hustle Not To Come In Last
In The Blockchain Race, FIs Hustle Not To Come In Last
June 27, 2018  |  B2B Payments

The Bank of England caught the financial services world’s attention when its Governor, Mark Carney, spoke about the central bank’s latest initiative to revamp and...

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Wells Fargo Receives Approval To Settle $142M Suit
Wells Fargo Receives Approval To Settle $142M Suit
June 15, 2018  |  Bank Regulation

After receiving preliminary approval for a settlement last July, Wells Fargo said that it has received final approval from a California court to settle a...

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Benchmark Lawsuit Against Kalanick Officially Over
Benchmark Lawsuit Against Kalanick Officially Over
January 26, 2018  |  Ridesharing

The lawsuit launched against former Uber CEO Travis Kalanick by investor Benchmark is officially over. According to a report in Recode, a judge dismissed the...

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Mulvaney Puts Wells Fargo’s Fines On Ice – For Now
Mulvaney Puts Wells Fargo’s Fines On Ice – For Now
December 08, 2017  |  Regulation

The Consumer Financial Protection Bureau’s new interim head, Mick Mulvaney, is looking at Wells Fargo’s case to see if it should be on the hook...

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Wells Fargo Settles With SEC Over AML Reporting
Wells Fargo Settles With SEC Over AML Reporting
November 15, 2017  |  Security & Fraud

Wells Fargo Advisors and the Securities and Exchange Commission (SEC) reached a settlement this week resolving charges that the bank dropped the ball in reporting...

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Hilton Settles Data Breach Suit for $700,000
Hilton Settles Data Breach Suit for $700,000
November 01, 2017  |  Security & Fraud

The attorney general of New York announced a settlement with Hilton over the exposure of hundreds of thousands of credit card details, CNBC reported. The...

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Wells Fargo CEO Bullish On The Future
Wells Fargo CEO Bullish On The Future
October 19, 2017  |  Security & Fraud

Tim Sloan, Wells Fargo’s chief executive officer, believes the embattled bank will recover the growth it lost from its fake account scandal. In an interview...

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