The Bangladesh central bank governor said the country is going to file a lawsuit against Philippine bank Rizal Commercial Banking Corp (RCBC) for its alleged involvement in an $81 million cyber theft, according to a report by Reuters. Get the Full Story Complete the...
As the fallout from Royal Bank of Scotland’s small business mistreatment scandal continues, the effects are being felt beyond the institution and across the entire financial services space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
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The New York Department of Financial Services (DFS) announced it has fined Standard Chartered $40 million for attempting to rig transactions in foreign exchange (FX) markets between 2007 and 2013. The investigation found that Standard Chartered’s traders used illegal tactics to maximize profits or minimize losses...
Facebook could face challenges by the European Union if it integrates Instagram, WhatsApp and Messenger messaging functions, reported CNBC. 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...
A new class-action lawsuit wants failed meal delivery company Munchery to pay its former employees 60 days’ worth of back wages. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
U.S. prosecutors have filed criminal charges against China’s largest technology company, accusing it of stealing trade secrets and committing bank fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
A General Data Protection Regulation (GDPR) complaint shows that Google may have misused people’s personal data and categorized them in highly sensitive ways, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Will the ban on the credit card surcharge automatically lead to significantly higher prices when consumers opt for the plastic (via card or digital wallets) at the pump, at the counter … or pretty much anywhere? Get the Full Story Complete the form to unlock...
