fine

Mastercard Incurs $650M Charge Over EU Antitrust Fine
Mastercard Incurs $650M Charge Over EU Antitrust Fine
December 04, 2018  |  ANTITRUST

Mastercard incurred a $650 million fourth-quarter charge related to a large fine over a 2015 EU antitrust investigation, Reuters reported on Tuesday (Dec. 4). The company was accused...

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Facebook Fights UK Fine For Cambridge Analytica Scandal
Facebook Fights UK Fine For Cambridge Analytica Scandal
November 22, 2018  |  Facebook

Facebook plans to appeal a fine issued by the U.K.’s data watchdog in response to the social media site’s Cambridge Analytica scandal. An estimated 1...

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Société Générale Fined $1.34B For Violating US Sanctions
Société Générale Fined $1.34B For Violating US Sanctions
November 20, 2018  |  Legal

Société Générale S.A. of Paris, France has agreed to pay U.S. federal and state authorities $1.34 billion to resolve legal disputes due to the firm’s...

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KPMG Fined Again As Financial Watchdog’s Future Remains Unclear
KPMG Fined Again As Financial Watchdog’s Future Remains Unclear
August 21, 2018  |  B2B Payments

U.K. auditing giant KPMG was hit with yet another fine from the nation’s Financial Reporting Council (FRC). Reports in Bloomberg said KPMG was hit with...

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Amazon Gets Hit With Fine From Italy Over Postal Services
Amazon Gets Hit With Fine From Italy Over Postal Services
August 02, 2018  |  Amazon

Amazon has been hit with a fine from AGCOM, Italy’s communications regulator, for providing postal services without getting approval from the government. According to a...

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President Trump Not Happy With EU Fine On Google
President Trump Not Happy With EU Fine On Google
July 19, 2018  |  Google

President Donald Trump is coming to the defense of Google after the European Union hit the Internet search giant with a $5 billion fine over...

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Five At Five: The Implications Of Google’s $5 Billion Fine
Five At Five: The Implications Of Google’s $5 Billion Fine
July 18, 2018  |  News

Welcome to Five at Five, your late look at the day’s payments and commerce news. Coverage includes a deeper look at Google’s high-cost headache in...

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Google And The $5B EU Android Fine – And Its Implications
Google And The $5B EU Android Fine – And Its Implications
July 18, 2018  |  Google

The fine, finally. Tongue in cheek as that sentiment may be, the EU fine levied over Android and dominance of that operating system has been...

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Allied Irish Banks Fined For Anti-Money Laundering Compliance Failures
Allied Irish Banks Fined For Anti-Money Laundering Compliance Failures
April 27, 2017  |  Security & Fraud

Allied Irish Banks was hit with a $2.2 million fine by the Central Bank of Ireland due to compliance failures with anti-money laundering and terrorist...

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