In what seems to be an 180-degree turn, the Department of Justice (DOJ) is asking the Supreme Court not to weigh in on American Express’ (Amex) merchant contracts and “steering” activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
FBI documents have revealed a global financial network run by a senior Islamic State official that funneled money to an alleged ISIS operative in the U.S. through fake eBay transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Apple has been engaging in anti-competitive behavior in China, its largest mobile applications market, according to a lawsuit filed with regulators in that country. The antitrust suit, which comes on behalf of more than two dozen developers, was filed Tuesday by Dare and Sure, a...
Wells Fargo — after a year of headaches, hassles and a seemingly unending hit parade of scandals — is now facing the ire of regulators who question why the bank is not refunding insurance money owed to customers who paid off their loans early. Get...
The summer torpor is about to dispel, and financial regulatory activity is about to heat up in Congress and beyond. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Overdraft fees cost U.S. consumers $15 billion in 2016, according to news from the Consumer Financial Protection Bureau (CFPB), the government watchdog that is out with a new report on the impact of bouncing checks in American finance. Get the Full Story Complete the form...
August 9th 2007 is a day that will live in something like infamy for all those who remember it — it was the day that the financial crisis and Great Recession were said to have officially kicked off. The date is picked because it was...
Australia’s largest mortgage lender — Commonwealth Bank of Australia — has been officially accused by its government of widespread violations of anti-money laundering and counter-terrorism financing rules. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A British-based cybersecurity researcher has been arrested by U.S. authorities on charges that he conspired to advertise and sell Kronos banking malware. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
