PYMNTS Intelligence has spotlighted the appeal of on-demand wages, as the ability to break free from the two-week pay cycle allows workers to manage cash flow and their expenses in a more fluid manner. Get the Full Story Complete the form to unlock this article...
The United Kingdom’s Financial Conduct Authority (FCA) is establishing offices in the United States and the Asia-Pacific (APAC) region to offer services like helping firms navigate U.K. regulations to enter the U.K. market or raise capital. Get the Full Story Complete the form to unlock...
A Bloomberg report released late Monday (April 14) says that JPMorgan Chase and Bank of New York Mellon have scaled back electronic information sharing with the Office of the Comptroller of the Currency (OCC) following a significant breach of the regulator’s email system. Get the...
Bank of America will reportedly pay $540.3 million following a judge’s ruling in a lawsuit in which the Federal Deposit Insurance Corp. (FDIC) accused the bank of paying less than it owed for deposit insurance. Get the Full Story Complete the form to unlock this...
The New York State Attorney General sued earned wage access providers DailyPay and MoneyLion on Monday (April 14), accusing them of illegal and deceptive conduct and abusive lending practices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Federal Trade Commission began laying out its landmark antitrust case against Meta Platforms in federal district court in Washington Monday (April 14), with FTC attorney Daniel Matheson telling the judge Meta “decided that competition was too hard and it would be easier to buy...
The Trump administration’s justification for its tariffs is being challenged by a lawsuit filed in the U.S. Court of International Trade on behalf of five small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
The protracted Synapse Financial Technologies bankruptcy is nearing its final stages with a whimper rather than a bang. Late last week (April 10) Trustee Jelena McWilliams filed a status report with the Central California Bankruptcy Court that laid the ground for dismissal or conversion of...
The Consumer Financial Protection Bureau (CFPB) reportedly dropped a lawsuit against Comerica Bank that targeted the bank’s handling of a federal benefits program, alleging that it provided poor service to the recipients of benefits. Get the Full Story Complete the form to unlock this article and enjoy unlimited...