1183 articles tagged with this keyword
News/retail
Black-owned digital banking platform Greenwood is being sued by the founders of The Gathering Spot (TPG), a members-only club for black professionals that it acquired for $50 million in May 2022.
19 July 2023
News/payments
Block is suing Mastercard and Visa over the interchange and other fees imposed by the duopoly on the Square payments platform.
18 July 2023
News/people
The brothers behind a British peer-to-peer style investment platform have been sentenced to a combined eight years in prison for fraud and money laundering.
17 July 2023
The former CEO of cryptocurrency lending platform Celsius Network, Alex Mashinsky, has been arrested on federal fraud charges.
14 July 2023
News/crypto
Ripple did not violate federal securities law by selling the XRP token on public exchanges and through algorithms, a US judge has ruled in a major win for the cryptocurrency industry.
News/security
Barclays Bank has overturned an appeals court ruling that rendered it potentially liable for a £700,000 authorised push payment scam against one of its customers.
12 July 2023
Crypto exchange Gemini Trust has filed a lawsuit against Digital Currency Group and its CEO Barry Silbert over a failed partnership between the companies.
07 July 2023
The Payments Association has written to the UK government warning of the “unintended consequences” of new policies designed to reduce Authorised Push Payments (APP) fraud.
27 June 2023
News/wholesale
A group of creditors for failed Swiss bank Credit Suisse have launched legal action against a number of executives in its US operations, alleging that a “toxic culture” that “valued short-term gain over long-term trust” had been allowed to prevail.
22 June 2023
News/regulation
Singapore has slapped three banks and an insurer with fines for anti-money laundering breaches connected with the Wirecard scandal.
Ukraine's Privatbank has accused its former owners of "fraud on an epic scale" at the opening of a London trial over the alleged siphoning of nearly $2 billion in bogus loans linked to ficticious commodity trades.
13 June 2023
Company update/payments
The court case pending since October 2013 in relation to allegations against Currency One SA brought by Cinkciarz.pl has ended with a non-final judgment given by the District Court in Poznań.
31 May 2023
Company update/retail
A Polish court has ordered the owner of the Internetowykantor.pl and Walutomat websites (offering online currency exchange services) to apologize and pay compensation to Cinkciarz.pl (a company from Conotoxia Holding) and to donate an additional amount to charity.
30 May 2023
The man behind an international one stop spoofing shop, which enabled criminals to appear as if they were calling from banks, tax offices and other official bodies, has been sentenced to 13 years in prison.
22 May 2023
JPMorgan Chase has been ordered by a judge to pay Frank founder Charlie Javice’s defence costs in the bank's suit accusing her of defrauding it in its $175 million acquisition of her college financial planning site.
08 May 2023
Coinbase has filed a suit against the Securities and Exchange Commission, asking a court to make the regulator respond to a petition from last year on the "rules to govern the regulation" of digital assets.
25 April 2023
The Winklevoss twins and TechCrunch founder Michael Arrington are among the names involved in a three-way auction for bankrupt crypto lending platform Celsius Network.
24 April 2023
Company update/markets
Financial Recovery Technologies (FRT), the leading global securities class actions recovery provider, today announced it will power the North American class action filing and recovery service for BNY Mellon's custody clients, including broader access to comprehensive non-U.S. alerts for global markets.
Company update/regulation
Single Rulebook, a leading integrated software platform for the management of regulatory rules, and Linklaters, a global law firm focused on bringing legal certainty in a changing world, today announced the launch of Law Compare.
News/crime
An online fraudster who conned hundreds of thousands of pounds out of UK banking customers has been jailed for more than three years.
14 April 2023
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