settlements

FTC Gets $40 Million Settlement in Alleged Unauthorized Billing Scheme
FTC Gets $40 Million Settlement in Alleged Unauthorized Billing Scheme
September 17, 2024  |  Legal

Defendants who allegedly enrolled consumers, without their knowledge, into continuity plans for products they did not buy will forfeit assets valued at $40 million and...

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Update: Judge in Mastercard and Visa Settlement Case Posts 88-Page Opinion
Update: Judge in Mastercard and Visa Settlement Case Posts 88-Page Opinion
July 02, 2024  |  Legal

After three days of sparse quotes and speculation, the New York Eastern District court judge presiding over the latest chapter in the proposed credit card...

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Chime Financial and CFPB Reach Settlement on Delayed Balance Refunds
Chime Financial and CFPB Reach Settlement on Delayed Balance Refunds
May 07, 2024  |  CFPB

Chime Financial will pay at least $1.3 million in redress to consumers and $3.25 million in penalties as part of a settlement with the Consumer Financial Protection...

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Compliance Officers Say Crypto Industry Can Learn From Exchanges’ Settlements
Compliance Officers Say Crypto Industry Can Learn From Exchanges’ Settlements
April 10, 2024  |  Cryptocurrency

The cryptocurrency industry can learn lessons from the settlements three crypto exchanges reached with regulators. So said the chief compliance officers of Binance, Coinbase and Kraken...

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Jewel Bank Launches Stablecoin-Based Payment Services
Jewel Bank Launches Stablecoin-Based Payment Services
December 12, 2022  |  Cryptocurrency

Jewel Bank has launched stablecoin-based payment services backed by bank deposits.  These services leverage the Polygon ecosystem, Jewel Bank said in a Monday (Dec. 12)...

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DTCC Calls For Swift Trade Settlements Following Robinhood-GameStop Debacle
DTCC Calls For Swift Trade Settlements Following Robinhood-GameStop Debacle
February 24, 2021  |  Investments

The Depository Trust and Clearing Corporation (DTCC) is calling for stepping up the time it takes for security settlements to clear, the DTCC said in...

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Today In Payments: Economists Predict Recovery Will Take Two Years Or More; Google Faces Lawsuit In Australia
Today In Payments: Economists Predict Recovery Will Take Two Years Or More; Google Faces Lawsuit...
July 27, 2020  |  News

In today’s top news, economists say the U.S. economy could take two years to recover, and Google faces a lawsuit in Australia over its use...

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The Instant Verdict Is In For Legal Disbursements
The Instant Verdict Is In For Legal Disbursements
January 14, 2020  |  Legal

The fact that instant disbursements are overwhelmingly preferred by consumers isn’t much of a surprise. When stacked up against a paper check, money that is...

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Legal Disbursements And The Paper Chase
Legal Disbursements And The Paper Chase
December 19, 2019  |  Payments Innovation

The third decade of the 21st century is dawning with self-driving cars, the ability to rent almost anything and, best of all, instant money. But...

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