So much for being anti-establishment. Just a day after Donald Trump won an historic and unexpected victory to become the nation’s 45th president, his advisors want him to consider a Wall Street player as treasury secretary. Get the Full Story Complete the form to unlock...
The U.S. government on Thursday (Nov. 10) requested a federal appeals court to reexamine a recent decision that lets American Express prevent merchants from encouraging customers to use credit cards outside of Amex that have lower fees associated with them. Get the Full Story Complete...
The Federal Trade Commission said on Thursday (Nov. 10) that NetSpend Corp. has been misleading to consumers of its prepaid cards, with promises that they would have immediate access to funds, with “no holds and no waiting.” Get the Full Story Complete the form to...
Now that the simple surprise factor has worn off and Americans and global markets have started getting their heads around the idea of President Donald J. Trump, the inevitable question coming is “now what?” Everyone understands that Trump won, of course — but the pressing question...
In a town hall meting last night, Wells Fargo’s new CEO Timothy Sloan admitted the bank had found “some instances” where reports by employees of bad behavior to its ethics line weren’t handled correctly. That explanation comes in response to accusations that Wells Fargo employees faced...
On Thursday (Nov. 10), the Federal Communications Commission issued a letter to telecom giant AT&T highlighting why the company’s practice of not counting its own streaming video services as data usage for its customers may be unfair. Get the Full Story Complete the form to...
Many things are likely to change in a Trump administration, among them the Securities and Exchange Commission. 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...
Bank of America is facing a lawsuit in Arizona from prisoners who contend they are being forced to become customers of the bank because they are given a BoA debit card that also has high and unusual fees. Get the Full Story Complete the form...
PayQwick, the closed-loop payment platform geared for the legal marijuana industry, announced Monday (Nov. 7) its payment processing, banking and compliance platform exceeds California State Board of Equalization track-and-trace recommendations and federal guidelines. Get the Full Story Complete the form to unlock this article and...
