New York Attorney General Letitia James sued Capital One Wednesday (May 14), alleging the bank misled its customers about the existence of a savings account that provided higher interest. The lawsuit’s allegations are similar to those made by the Consumer Financial Protection Bureau (CFPB) in...
A group of American small businesses is suing President Donald Trump over his tariffs. These five businesses contend the president overstepped his authority in declaring a national emergency to impose the levies last month, Reuters reported, ahead of a Tuesday (May 13) hearing before the U.S. Court...
Whether a reworking or an outright rescission of the Consumer Financial Protection Bureau’s open banking rule is on the horizon, some of the most basic tenets of data-sharing underpinning financial innovation will be front and center throughout the next few months. The President Donald Trump...
Apple is “actively looking at” revamping its Safari web browser to concentrate on artificial intelligence (AI)-powered search engines and shift away from Google search, potentially creating a colossal shift in the mobile browser landscape. This disclosure was made by Apple’s Senior Vice President of Services...
January 20, 2025
The new administration is here, ushering in a phase of uncertainty surrounding banking regulations and the state of the regulatory agencies themselves. Beyond the usual avenues of rule-making and enforcement actions, a flurry of movement in the courts also offers up an additional way to shape corporate policy and internal operations — where lawsuits can […]
January 06, 2025
The challenge for banks and supply chains of doing business online comes at the point of onboarding — the moment a relationship with an enterprise, particularly a small business, is...
December 26, 2024
Sweeping changes to debit card interchange fees — and the ways debit transactions are facilitated — may come in 2025. As a result, the economics of debit payments may also...
December 02, 2024
The eventual resolution of the key question in the wake of the Synapse bankruptcy — namely, where the money went — will take time. And those seeking answers are turning...
May 15, 2025
Coinbase Global reportedly said Thursday (May 15) that it is cooperating with the Securities and Exchange Commission (SEC) on the agency’s investigation into how the cryptocurrency exchange used to report its user metrics. The company said the SEC is looking into whether Coinbase overstated the number of unique users in past disclosures, Bloomberg reported Thursday. “This is a […]
May 14, 2025
New York Attorney General Letitia James sued Capital One Wednesday (May 14), alleging the bank misled its customers about the existence of a savings account that provided higher interest. The...
May 13, 2025
A group of American small businesses is suing President Donald Trump over his tariffs. These five businesses contend the president overstepped his authority in declaring a national emergency to impose...
May 07, 2025
Apple is “actively looking at” revamping its Safari web browser to concentrate on artificial intelligence (AI)-powered search engines and shift away from Google search, potentially creating a colossal shift in...
