Grubhub will pay $25 million and make several changes to its operations to settle charges that it violated consumer protection and competition laws. The proposed settlement covers charges from the Federal Trade Commission (FTC) and the Illinois attorney general, the FTC said in a Tuesday...
Today’s interconnected world is, well, increasingly connected. Fundamentally, that means it relies on trust. In the contemporary era dominated by digital payments and financial innovation, advances and threats alike are not isolated but interdependent. The complex reality of digital payments innovation can in some ways...
The upcoming Trump administration is reportedly struggling to find people to head America’s financial watchdogs. The trouble lies with the Republican Party’s eagerness to eliminate or combine the nation’s banking regulators, the Financial Times (FT) reported Sunday (Dec. 15). Perhaps the GOP’s top target, the...
Nearly 700 AI bills surfaced in state legislatures in 2024, addressing issues from safety standards to deepfake controls. Colorado passed comprehensive legislation, while California vetoed a key bill, reflecting varied strategies as states fill the regulatory gap left by stalled federal action. States Move to...
December 16, 2024
Today’s interconnected world is, well, increasingly connected. Fundamentally, that means it relies on trust. In the contemporary era dominated by digital payments and financial innovation, advances and threats alike are not isolated but interdependent. The complex reality of digital payments innovation can in some ways amplify the potential for systemic vulnerabilities that can erode that […]
December 11, 2024
Innovation within the financial services and payments space tends to center around two poles: FinTechs, and cryptocurrency. In its newly released 2024 annual report, the U.S. Financial Stability Oversight Council...
December 04, 2024
Middle-market CFOs face rising regulatory uncertainty as smaller firms bear the brunt of increased compliance costs, legal risks, and operational disruptions. To cope, many rely on external partners and new...
October 21, 2024
The suit filed last week seeking to stop a new rule from the Consumer Financial Protection Bureau (CFPB) governing buy now, pay later (BNPL) loans has a number of what,...
December 17, 2024
Grubhub will pay $25 million and make several changes to its operations to settle charges that it violated consumer protection and competition laws. The proposed settlement covers charges from the Federal Trade Commission (FTC) and the Illinois attorney general, the FTC said in a Tuesday (Dec. 17) press release. Those charges alleged that Grubhub deceived […]
December 15, 2024
The upcoming Trump administration is reportedly struggling to find people to head America’s financial watchdogs. The trouble lies with the Republican Party’s eagerness to eliminate or combine the nation’s banking...
December 11, 2024
The CEO of Goldman Sachs is predicting a strong year for dealmaking in 2025. Speaking to Reuters Tuesday (Dec. 10), David Solomon said that dealmaking in equities, mergers and acquisitions...
December 11, 2024
Klarna has been fined $50 million in Sweden over faults in its anti-money laundering protections. Sweden’s Financial Supervisory Authority, or FI, announced Wednesday (Dec. 11) that an investigation into the...
