JPMorgan will pay $136 million — $11 million more than had been initially anticipated — to settle U.S. state and federal probes into the bank’s practices around the buying and selling of consumer credit card debt. Get the Full Story Complete the form to unlock...
How much is Google messing with search results? A lot, claims Tim Wu, a legal scholar and former FTC adviser. In a 46-page, Yelp-funded study, Wu and coauthor Michael Luca, a Harvard Business School economist, explain how Google knowingly manipulates search results. Get the Full...
Last week, the future of funding and investing in startups and small businesses underwent a subtle but significant sea change with the implementation of Title IV of the JOBS Act. These changes were announced in late March, and went into effect Friday. Get the...
The Bank of China and 297 people are facing indictments in Italy involving a massive money laundering operation. Most of the suspects are Chinese nationals residing in Italy – but the roster of those facing charges also includes four senior managers of the Chinese state...
For the first time in over a century, a female portrait will appear on U.S. paper currency. 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...
After years of policies geared the other way, American Express will no long prohibit merchants who accept their card from steering consumers to their rivals at Visa and MasterCard. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Under pressure from new regulations and their customers, banks are seeing overdraft frees fall and taking some of their profitability down with them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
As PYMNTS noted in coverage earlier this week, the people of the digital world are willing to assent to all sorts of things in their user agreements. Facebook and Google, for example, monitor everything everyone one does on the Internet and then sell that data to the...
MasterCard is taking its case to the British authorities that bitcoin (and its digital currency brethren) needs additional regulation. 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...
