Those bogus bank accounts Wells Fargo allegedly opened are looking mighty expensive for the company. Wells Fargo is now at the center of a class-action lawsuit stemming from the sham accounts scandal. The class-action case is being brought by customers accusing the bank of fraud and...
Coin Inc. is facing a lawsuit about its promise that consumers could (and should) carry a single card rather than several cards, according to a Monday (Feb. 8) report from Digital Transactions. Those claims were made by the company in tandem with the implication that the single...
September 14, 2017
A key regulator in Australia’s financial services industry said this week that the charges accusing Commonwealth Bank of Australia (CBA) of engaging in money laundering will not hobble its ability to operate. According to news reports from Reuters, Australian Prudential Regulation Authority (APRA) chairman Wayne Byers said Wednesday that CBA is “financially sound.” Byers’ assessment came […]
February 09, 2016
Coin Inc. is facing a lawsuit about its promise that consumers could (and should) carry a single card rather than several cards, according to a Monday (Feb. 8) report from Digital...
