The Financial Crimes Enforcement Network (FinCEN) announced that it has issued revised Geographic Targeting Orders (GTOs), which will now require U.S. title insurance companies to identify the individuals behind shell companies involved in all-cash purchases of residential real estate. Get the Full Story Complete the...
Credit Suisse, UBS, and several other financial companies are in the crosshairs of regulators in Switzerland which launched an investigation into them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
European Union governments have reached a preliminary deal to bolster bank supervision in the hopes of preventing money laundering. 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...
Rep. Maxine Waters, the Los Angeles congresswoman, is expected to set her sights on Wells Fargo and Deutsche Bank when she becomes head of the House Financial Services Committee in January. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A new survey shows that an increasing number of mergers and acquisitions (M&As) are not going through because of concerns over General Data Protection Regulation (GDPR) compliance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Ripple, the cryptocurrency startup behind the XRP tokens, and its affiliated defendants have filed documents to move a consolidated class action lawsuit to federal court. According to CoinDesk, Ripple lawyers want the suit to be moved from its previous venue at the San Mateo Superior Court...
GDPR still has ripple effects, several months after its debut — and the ripple effects extend from Europe to U.S. shores. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Moves on the part of Amazon and Google to enter the financial services market is prompting European financial regulators to mull whether or not the tech companies need to be supervised. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Walmart’s Flipkart, and Amazon, have not broken competitive rules in India through their respective efforts to promote certain brands or select certain merchants to sell across their platforms. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
