settlement

FTC Announces NetSpend Is Refunding Customers As Part Of A Settlement
FTC Announces NetSpend Is Refunding Customers As Part Of A Settlement
June 16, 2017  |  Cybersecurity

The Federal Trade Commission announced Thursday (June 15) that NetSpend, the operator of a debit card, is providing refunds to settle charges that people couldn’t...

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Wells Fargo Expands Class-Action Settlement To Customers From May 2002
Wells Fargo Expands Class-Action Settlement To Customers From May 2002
April 21, 2017  |  Cybersecurity

Wells Fargo & Company announced Friday (April 21) it is expanding its class-action settlement over its fake account scandal to include any customers who were...

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Netspend Agrees To Settle FTC Allegations
Netspend Agrees To Settle FTC Allegations
April 03, 2017  |  Cybersecurity

After a lengthy legal process with the Federal Trade Commission (FTC), the Netspend Corporation has come to an agreement. The company, which serves those without...

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Santander To Pay $25M To Resolve Auto Loan Allegations
Santander To Pay $25M To Resolve Auto Loan Allegations
March 30, 2017  |  Legal & Regulation

Santander Consumer USA Holdings Inc, a unit of Spain’s Banco Santander, will pay nearly $25 million to two U.S. states — $22 million to Massachusetts and...

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Uber Will Pay $20M Fine For Drivers’ Earnings
Uber Will Pay $20M Fine For Drivers’ Earnings
January 20, 2017  |  Retail

Taxi-hailing app Uber Technologies is paying $20 million in a settlement with the U.S. government over charges it exaggerated potential earnings when trying to recruit...

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Wells Fargo’s Latest Legal Settlement
Wells Fargo’s Latest Legal Settlement
November 01, 2016  |  Banking

Embattled bank Wells Fargo has entered a settlement through which the firm will pay as much as $50 million tied to a racketeering lawsuit that...

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Banks Take Blockchain To Task With Settlement Coin
Banks Take Blockchain To Task With Settlement Coin
August 26, 2016  |  B2B Payments

Several major banks that have been exploring the use of blockchain are readying a test of a digital coin to settle transactions. The concept is...

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The Hidden Risk Of Inter-Company Accounting
The Hidden Risk Of Inter-Company Accounting
August 16, 2016  |  B2B Payments

There is another threat to corporations involving their accounting processes, and it comes from within the enterprise. New research from Deloitte says that, on top...

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