settlement

Wells Fargo’s Latest Legal Settlement
Wells Fargo’s Latest Legal Settlement
November 01, 2016  |  Banking

Embattled bank Wells Fargo has entered a settlement through which the firm will pay as much as $50 million tied to a racketeering lawsuit that...

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Banks Take Blockchain To Task With Settlement Coin
Banks Take Blockchain To Task With Settlement Coin
August 26, 2016  |  B2B Payments

Several major banks that have been exploring the use of blockchain are readying a test of a digital coin to settle transactions. The concept is...

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The Hidden Risk Of Inter-Company Accounting
The Hidden Risk Of Inter-Company Accounting
August 16, 2016  |  B2B Payments

There is another threat to corporations involving their accounting processes, and it comes from within the enterprise. New research from Deloitte says that, on top...

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HSBC Settles Legacy Credit Cards Case
HSBC Settles Legacy Credit Cards Case
April 14, 2016  |  Security & Fraud

HSBC Bank USA has reached an agreement to pay $35 million as part of a settlement with the Office of the Comptroller of the Currency....

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Online Payday Lenders Pay Up Over Deceptive Fees
Online Payday Lenders Pay Up Over Deceptive Fees
January 06, 2016  |  News

A duo of payday lenders have settled charges from the Federal Trade Commission (FTC) that they charged consumers in the United States for fees that...

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LifeLock Writes $113M Check To Settle FTC Charges
LifeLock Writes $113M Check To Settle FTC Charges
December 21, 2015  |  News

LifeLock, the identity security company under fire for allegedly not delivering on security promises, has agreed to pay as much as $113 million to settle...

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Hackers Settle $30M SEC Case
Hackers Settle $30M SEC Case
September 16, 2015  |  News

Allegations from the Securities and Exchange Commission against Jaspen Capital Partners and its chief executive, Andriy Supranonok, related to a suspected insider trading ring ended...

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