The Federal Trade Commission (FTC) has requested comment on the proposed amendments of two rules that protect the privacy and security of customer data held by financial institutions (FIs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Reserve Bank of India (RBI), the country’s central banking institution, has fined almost 20 lenders, including the State Bank of India and ICICI Bank, for not complying with rules on the use of worldwide payments network SWIFT, according to reports. Get the Full Story...
U.K. estate agent Countrywide has been fined £215,000 (more than $283,000 USD) for failing to comply with the country’s money laundering prevention rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Much has been made of the coming of the cashless society. 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 to our daily newsletter, PYMNTS Today. By completing...
BlackBerry, the once-maker of the BlackBerry mobile phone, has filed a lawsuit against Twitter contending the social media platform operator engaged in patent infringement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
One cannot have the good without the bad, and that holds especially true, it seems, with online product reviews — a vital, useful part of eCommerce that is reviled by consumers, marketplace sellers and merchants alike. Now comes news of a groundbreaking case involving fake...
European Union lawmakers released a report on Wednesday (Feb. 27) recommending that the EU create a police unit dedicated to the investigation of tax and financial crimes, as well as a watchdog organization to fight money-laundering, according to a report by Reuters. Get the Full...
Korea’s Financial Services Commission is gearing up to roll out new rules that would require banks in Korea to open up their payment systems to FinTech players. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
According to reports, eBay is in settlement talks with activist investors in the hopes of avoiding a proxy fight on the online marketplace. Citing sources familiar with the matter, Bloomberg reported that eBay has been meeting with Elliott Management and Starboard Value to discuss board seats...
