Fines/page/2 news and trends

South Korea Defends Record $422 Million Coupang Fine as US Alleges Protectionism

July 20, 2026
South Korea Hits Coupang With Record Fine For Massive Data Breach
Legal & Regulation // June 11, 2026

South Korean authorities levied Wednesday (June 10) a historic 624.7 billion won (about $412 million) fine against the eCommerce giant Coupang following a massive data breach that affected approximately two-thirds of the nation’s population. Get the Full Story Complete the form to unlock this article...

FDIC and Federal Reserve Fine Discover, Alleging Credit Card Misclassification
Bank Regulation // April 18, 2025

The Federal Deposit Insurance Corp. (FDIC) and the Federal Reserve Board fined Discover Financial Services and two subsidiaries, Discover Bank and DFS Services LLC, alleging that they misclassified consumer credit cards as commercial, thereby requiring merchants to pay higher interchange fees. Get the Full Story Complete the form to unlock...

Report: EU to Announce Digital Services Act Penalties Against X This Summer
Legal & Regulation // April 04, 2025

The European Union is reportedly preparing penalties against X that include a fine and demands for changes to the platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Meta to Appeal Against $831 Million EU Antitrust Fine
Facebook / Meta // January 29, 2025

Meta says it will fight a $831 million fine levied against the tech giant by the European Union. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Interviews & Exclusives
SEC Sounds Alarm on Crypto Endorsements With $1.3M Kim Kardashian Fine

October 03, 2022
The Securities and Exchange Commission’s celebrity crypto touting campaign reached the A-list on Monday (Oct. 3), as Kim Kardashian agreed to a $1.26 million fine. She also “disgorged” $260,000, including her $250,000 fee, plus interest. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content […]

Amazon (And Others) Brace For India’s New eCommerce Tax

February 10, 2020
The jousting over eCommerce taxes — especially for U.S. firms operating on an international scale — is about to get more heated. Last week in India, the government proposed a...

Sloan Alone: Why The Wells Fargo CEO (Perhaps) Had To Go

March 29, 2019
Pushed?  Jumped ?  The speculation begins and runs rampant as Timothy Sloan steps down from Wells Fargo’s helm – and yes, shares popped.  In the meantime, the bank still will...

Quick Reads
South Korea Defends Record $422 Million Coupang Fine as US Alleges Protectionism

July 20, 2026
South Korea’s decision to fine American-owned eCommerce firm Coupang is straining relations between the two countries, Reuters reported Friday (July 20). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing […]

South Korea Hits Coupang With Record Fine For Massive Data Breach

June 11, 2026
South Korean authorities levied Wednesday (June 10) a historic 624.7 billion won (about $412 million) fine against the eCommerce giant Coupang following a massive data breach that affected approximately two-thirds...

FDIC and Federal Reserve Fine Discover, Alleging Credit Card Misclassification

April 18, 2025
The Federal Deposit Insurance Corp. (FDIC) and the Federal Reserve Board fined Discover Financial Services and two subsidiaries, Discover Bank and DFS Services LLC, alleging that they misclassified consumer credit cards as commercial, thereby requiring...

Report: EU to Announce Digital Services Act Penalties Against X This Summer

April 04, 2025
The European Union is reportedly preparing penalties against X that include a fine and demands for changes to the platform. Get the Full Story Complete the form to unlock this article and...