settlement

Blockchain Hits The Road (Literally)
Blockchain Hits The Road (Literally)
May 22, 2019  |  B2B Payments

Blockchain is hitting the road as Honda and GM link on a project tied to electric vehicles and smart grids. Separately, South Korea is launching...

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Allied Wallet Settles With FTC Over Fraudulent Payment Allegations
Allied Wallet Settles With FTC Over Fraudulent Payment Allegations
May 21, 2019  |  Legal

Payment company Allied Wallet and its owner, Ahmad Khawaja, as well as two officers, Mohammad Diab and Amy Rountree, have settled with the Federal Trade...

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A Group Of Banks Are Developing A Blockchain Settlement System
A Group Of Banks Are Developing A Blockchain Settlement System
May 17, 2019  |  Blockchain

A slew of banks, including some of the largest in the world, are working together to develop a digital cash system that relies on blockchain...

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Facebook Could Face 20-Year Government Oversight As Part Of Settlement
Facebook Could Face 20-Year Government Oversight As Part Of Settlement
May 14, 2019  |  Facebook

Facebook could face two decades of oversight as part of an agreement with the U.S. government. Get the Full Story Complete the form to unlock...

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Fed Seeks Comment On New Operating Hours For Fedwire Funds
Fed Seeks Comment On New Operating Hours For Fedwire Funds
May 10, 2019  |  Banking

The Federal Reserve has released a request for comment on potential changes to its National Settlement Service (NSS) and Fedwire Funds Service, as well as...

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MoneyGram’s Q1 Slide Overshadows Digital Growth
MoneyGram’s Q1 Slide Overshadows Digital Growth
May 08, 2019  |  Earnings

MoneyGram shares were pummeled in intraday trading on the heels of reporting results that lagged expectations and showed the lingering impact of an ongoing restructuring...

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Hertz Sues Former Execs Following SEC Settlement
Hertz Sues Former Execs Following SEC Settlement
May 08, 2019  |  B2B Payments

Rental car company Hertz is suing some of its former executives after a $16 million settlement of financial accounting violations with the U.S. Securities and Exchange...

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Senators Oppose FTC/Facebook Settlement
Senators Oppose FTC/Facebook Settlement
May 07, 2019  |  Facebook

Two U.S. senators have spoken out against a reported settlement between the Federal Trade Commission (FTC) and Facebook related to the Cambridge Analytica scandal. Get...

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FTC Split On Size, Scope Of Facebook Fine
FTC Split On Size, Scope Of Facebook Fine
May 05, 2019  |  Facebook

With Facebook and the Federal Trade Commission in the final stages of settlement talks, disagreements between the five-member FTC panel are complicating the discussions. Get...

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