U.S. prosecutors have charged a Chinese national for his alleged involvement in the 2015 data breach at health insurance company Anthem, which led to the theft of 78.8 million records. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Among the highest ideals for digital payments – driving innovation in transactions and customer experience – is, of course, the concept of seamlessness. That implies an ease of use while giving up nothing when it comes to security. Getting there is a long road with...
Democratic presidential candidate Sen. Bernie Sanders and New York Rep. Alexandria Ocasio-Cortez moved today to introduce legislation that would cap rates on credit cards and other consumer financial services at 15 percent. Get the Full Story Complete the form to unlock this article and enjoy...
Facebook has responded to Co-founder Chris Hughes’ New York Times op-ed piece written on Thursday (May 9) calling for the Federal Trade Commission (FTC) to break it up, according to a report by Reuters. Get the Full Story Complete the form to unlock this article...
European Union antitrust regulators are going to fine seven banks for manipulating the foreign exchange market, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
The banking regulator in Hong Kong has issued an additional four online-only banking licenses to Ping An, Alibaba, mobile phone maker Xiaomi and a joint venture (JV) consisting of Tencent, ICBC and Hillhouse Capital. Get the Full Story Complete the form to unlock this article...
It hasn’t exactly been the best of times lately for FreightRover, at least not when it comes to legal drama and company leadership. The Indianapolis-based firm, which works to accelerate B2B payments to truck operators, apparently has removed its CEO and COO — the result...
Danish prosecutors have charged the former chief executive of Danske Bank over his involvement in one of the world’s largest money laundering scandals. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Credit union (CU) and bank trade groups are locked in another battle, this time arguing about oversight by the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
