settlement

JPMorgan to Integrate On-Chain FX Settlement into Kinexys Blockchain Platform
JPMorgan to Integrate On-Chain FX Settlement into Kinexys Blockchain Platform
November 06, 2024  |  Blockchain

J.P. Morgan has announced a significant enhancement to its blockchain platform, recently rebranded from Onyx to Kinexys. The bank will integrate Kinexys Digital Payments with...

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Uber and Lyft to Pay $328 Million Settlement for Withholding Driver Pay
Uber and Lyft to Pay $328 Million Settlement for Withholding Driver Pay
November 02, 2023  |  Gig Economy

Uber and Lyft will pay a combined settlement of $328 million after multi-year investigations into their practices by the New York State Attorney General. The...

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The Clearing House Likens ISO 20022 Implementation Delay to ‘Global Choreography’
The Clearing House Likens ISO 20022 Implementation Delay to ‘Global Choreography’
March 02, 2023  |  Cross-border Payments

A delay, but no setback. Richard Dzina, senior vice president of product development for CHIPS at The Clearing House, told PYMNTS the recent rescheduling by...

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Supreme Court’s Ruling Curtails FTC Reach On Monetary Awards
Supreme Court’s Ruling Curtails FTC Reach On Monetary Awards
April 22, 2021  |  Legal

For now – and maybe for a long while – it will be tougher to get ill-gotten gains back from the bad actors … at...

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Making Cash Flow Predictable With Faster Card Payment Settlement
Making Cash Flow Predictable With Faster Card Payment Settlement
February 10, 2021  |  B2B Payments

Commercial credit cards are an attractive payment method for senders and recipients alike. In addition to the opportunity for payers to take advantage of rebates...

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Robinhood To Pay $65 Million To Settle SEC Probe
Robinhood To Pay $65 Million To Settle SEC Probe
December 17, 2020  |  Legal

The investigation into Robinhood by the  U.S. Securities and Exchange Commission has come to a head — and the stock-trading platform has agreed to pay...

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Deutsche Bank Forks Over $150M In Epstein, Foreign Bank AML Settlement
Deutsche Bank Forks Over $150M In Epstein, Foreign Bank AML Settlement
July 07, 2020  |  Legal

Deutsche Bank has agreed to a $150 million settlement with New York regulators over allegations that the giant German bank was effectively asleep at the...

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First Data And Exec To Pay $40M To Settle FTC Fraud Case
First Data And Exec To Pay $40M To Settle FTC Fraud Case
May 19, 2020  |  Legal

Payments processing giant First Data Merchant Services and one of its executives will pay $40.3 million to settle allegations that they laundered credit card transactions...

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Afterpay Fined By CA Regulator For Unlicensed Loans
Afterpay Fined By CA Regulator For Unlicensed Loans
March 17, 2020  |  Buy Now Pay Later

Australian startup Afterpay is settling with the California Department of Business Oversight (DBO) over allegations that the buy now, pay later (BNPL) firm was offering...

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