26 articles tagged with this keyword
News/people
German prosecutors have charged a further two Wirecard executives with wrong-doing in the lead up to the collapse of the once hyped fintech company.
17 hours
News/security
JPMorgan Chase is considering taking legal action against the Consumer Financial Protection Bureau (CFPB) over an ongoing probe into the abuse of Zelle payments by scammers.
05 August 2024
News/markets
The interpretive rule is designed to help ensure US workers know the costs and fees of paycheck advance products.
19 July 2024
News/inclusion
The FCA has told financial firms to do more to ensure politically exposed persons (PEPs) and their families are not treated unfairly.
News/payments
A US district court judge has rejected an agreed $30 billion settlement over swipe fees between the two major card schemes and US merchants partially on the grounds that Visa and Mastercard have the financial armoury to pay "substantially" more.
01 July 2024
A US judge has rejected a $30 billion settlement between Visa, Mastercard and retailers over credit card interchange fees.
25 June 2024
News/crypto
Terraform Labs and its former CEO Do Kwon have reached a $4.5 billion settlement with the SEC after a jury verdict held them liable for orchestrating a years-long fraud involving crypto asset securities that led to massive investor losses when the scheme unravelled.
17 June 2024
The legal tussle between JPMorgan and the founder of Viva Wallet over the Greek payments firm's valuation appears to have been settled by a UK judge.
14 June 2024
A UK tribunal has ruled that interchange fee lawsuits against Visa and Mastercard can proceed.
07 June 2024
Markus Braun, the disgraced ex-boss of Wirecard, has been forced to rely on state provided legal support after his former lawyer quit because of lack of funds.
06 June 2024
A legal case involving how Citi responded to customers who had money stolen via wire transfers has caused a spat between the CFPB and industry associations over the scope of the Electronic Fund Transfer Act (EFTA).
03 June 2024
News/retail
Visa and Mastercard have agreed to pay $197 million to settle a long-running class action lawsuit accusing them of keeping ATM fees artificially high.
31 May 2024
Ryan Salame, a former executive at collapsed crypto outfit FTX, has been sentenced to seven and a half years in prison.
28 May 2024
The founder of crypto exchange Binance, Changpeng "CZ" Zhao, has been sentenced to four months in prison in the US after pleading guilty to violating anti-money laundering requirements.
30 April 2024
A cryptocurrency trader has been convicted of fraud in connection with a $110 million market manipulation case.
22 April 2024
News/regulation
Shares in core banking provider Temenos have risen upon news that an investigation commissioned by the company found that accusations of mismanagement by short seller Hindenburg Research were "inaccurate and misleading".
15 April 2024
The global insurance industry is turning its attention to the risks posed by cryptocurrencies and digital assets, judging by recent product announcements.
10 April 2024
News/crime
Faruk Fatih Ozer, the former boss of failed Turkish cryptocurrency exchange Thodex, has started a lengthy jail sentence after he was found guilty of defrauding investors in a multimillion dollar fraud.
03 April 2024
The governments of the UK and US have signed what they claim is the first international bilateral agreement to regulate the risks of artificial intelligence (AI) models.
02 April 2024
Sam Bankman-Fried has been sentenced to 25 years in prison for stealing $8 billion from customers of FTX, the bankrupt cryptocurrency exchange he founded.
28 March 2024
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