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...
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...
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...
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...
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...
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...
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...
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...
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...