Watch more: Need to Know With Lorum’s George Davis The financial system has a clearing problem, and it’s not about broken technology. It’s about who...
The China-backed cross-border payments platform Project mBridge is reportedly set to erode the dominance of the dollar in some corridors, sectors and use cases. The platform has...
Real-time money movement is rapidly moving toward always-on status. The Federal Reserve has laid out a path to expand the operating days of its largest...
Eight auto insurance companies will pay a collective total of $19 million in penalties to New York State for alleged violations of the Department of...
The Federal Trade Commission (FTC) has begun sending over $6.7 million to consumers as part of its settlement with gig work company Arise Virtual Solutions. The settlement resolved the FTC’s...
The Consumer Financial Protection Bureau (CFPB) and retail pawn store operator FirstCash said Friday (July 11) that they reached a settlement on FirstCash’s alleged violations of the Military...
A federal judge reportedly rejected a joint motion by blockchain company Ripple and the Securities and Exchange Commission (SEC) to approve their proposed settlement in a lawsuit over the sale of...
AT&T’s proposed settlement of a class action lawsuit involving data breaches reportedly received a judge’s preliminary approval Friday (June 20). The judge ruled that the proposed...