Global business payments company FleetCor has announced that it will appeal the ruling in a case involving the company’s fuel card business in the U.S. brought by the U.S. Federal Trade Commission (FTC). Get the Full Story Complete the form to unlock this article and...
Federal regulators are set to issue a proposal that would — among other things — require large hedge funds to reveal their cryptocurrency exposure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Rep. Maxine Waters (D-Calif.) has said credit reporting firm Equifax and its leaders should be held accountable for selling erroneous credit scores to lenders, and should be prevented from selling reports until it proves problems were fixed and controls are in place. Get the Full...
The U.S. Justice Department could sue Google within the next month, which could address the long-held issues that parent company Alphabet abuses its position at the forefront of digital advertising, Bloomberg wrote. Get the Full Story Complete the form to unlock this article and enjoy...
In the fourth admission to violations of U.S. law among top figures at BitMEX, the crypto exchange’s former head of development pleaded guilty to failing to put compliance programs in place. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Former federal prosecutor Grant Fondo has said legislation that aims to provide clarity on which U.S. agency should be in charge of crypto regulation isn’t getting the job done yet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Several Democratic senators fired off a letter to U.S. Bank CEO Andrew Cecere demanding additional information after the Consumer Financial Protection Bureau (CFPB) fined the financial institution (FI) $37.5 million in a customer accounts scandal. Get the Full Story Complete the form to unlock this...
U.K. financial regulators haven’t tackled risks adequately, ex-Bank of England governor Paul Tucker says, and now they should construct a “comprehensive” new policy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Regulators in the U.S. are looking into whether big regional banks should be required to add to the debt buffer that helps them in times of crisis, which could slow down some pending mergers. Get the Full Story Complete the form to unlock this article...