1046 articles tagged with this keyword
News/regulation
The New York attorney general has sued DailyPay and MoneyLion, accusing the earned wage access providers of charging workers fees that amount to interest rates of up to 750%.
16 April 2025
News/ai
The founder of an AI-based tool for automating online shopping checkouts has been charged with defrauding investors over claims that the process was actually carried out by human workers in the Philippines.
14 April 2025
News/crypto
The US Department of Justice is disbanding its national cryptocurrency enforcement team.
09 April 2025
DailyPay has sued New York Attorney General Letitia James over efforts to apply usury laws to the earned wage access sector.
News/startups
Charlie Javice, founder of student financial aid assistance company Frank, has been found guilty of defrauding JPMorgan Chase in its $175 million acquisition.
31 March 2025
Galaxy Digital has reached a $200 million settlement with the New York Attorney General (NYAG) over claims the crypto investing company promoted the now collapsed Luna digital asset without disclosing its interest in the token.
News/security
Santander has scored a significant High Court victory in a push payment fraud case over its responsibility to return £415,000 that was sent to a scam account.
26 March 2025
News/people
A US appeals court has overruled the sentence given to the hacker behind the huge 2019 Capital One data breach, saying it was too lenient.
24 March 2025
News/payments
Revolut and Visa have filed legal challenges against the Payment Systems Regulator over the UK watchdog's decision to cap interchange fees on cross-border online payments, according to the Financial Times.
07 March 2025
The Consumer Financial Protection Bureau has dropped a lawsuit against JPMorgan Chase, Bank of America and Wells Fargo which had accused the banks of allowing fraud to "fester" on P2P payments platform Zelle.
05 March 2025
The main financial regulator in the US has dropped its investigation against a crypto exchange, adding further credence to the notion that there has been a seismic shift in the US's regulation of decentralised finance (DeFi).
26 February 2025
News/retail
The criminal trial against Charlie Javice for allegedly defrauding JP Morgan Chase into buying her fintech Frank, has begun.
25 February 2025
Robinhood says the Securities and Exchange Commission is ditching its investigation into the trading app's crypto arm.
Mastercard's £200 million settlement of a class action lawsuit brought on behalf of British consumers has been given the greenlight by the Competition Appeal Tribunal.
24 February 2025
Coinbase is claiming victory in its long-running tussle with the Securities Exchange Commission, stating that the regulator has agreed to drop its enforcement case against the crypto firm.
A former executive at African digital bank Kuda has filed a case with the UK Employment Tribunal accusing the firm and CEO Babatunde Ogundeyi of sex discrimination, victimisation, and unfair dismissal.
19 February 2025
A labour union has filed lawsuits against Consumer Financial Protection Bureau acting director Russell Vought after he ordered staff to halt much of the watchdog's activities.
10 February 2025
JPMorgan Chase has filed new lawsuits in the UK and Greece connected to its investment in fintech Viva Wallet.
09 January 2025
The US Internal Revenue Services (IRS) and Treasury are facing legal action from a number of blockchain trade groups over newly introduced rules for crypto brokers.
02 January 2025
Sberbank, Russia’s largest financial institution, has been told to work with China on the development of AI-based services.
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