Uber and Lyft will pay a combined settlement of $328 million after multi-year investigations into their practices by the New York State Attorney General. The investigations found that the companies withheld pay from drivers, deducting sales taxes and fees that should have been paid by...
A delay, but no setback. Richard Dzina, senior vice president of product development for CHIPS at The Clearing House, told PYMNTS the recent rescheduling by the largest private sector clearing and settlement system to the new ISO 20022 standard is simply a nod to what...
For now – and maybe for a long while – it will be tougher to get ill-gotten gains back from the bad actors … at least without an additional act of Congress. As reported on Thursday (April 22), the U.S. Supreme Court handed down a...
Commercial credit cards are an attractive payment method for senders and recipients alike. In addition to the opportunity for payers to take advantage of rebates and rewards, cards can play an important role in managing cash flow, enabling buyers to benefit from extra capital float...
March 02, 2023
A delay, but no setback. Richard Dzina, senior vice president of product development for CHIPS at The Clearing House, told PYMNTS the recent rescheduling by the largest private sector clearing and settlement system to the new ISO 20022 standard is simply a nod to what he said is a “global choreography” taking place between far-flung […]
November 06, 2024
J.P. Morgan has announced a significant enhancement to its blockchain platform, recently rebranded from Onyx to Kinexys. The bank will integrate Kinexys Digital Payments with J.P. Morgan FX Services, enabling on-chain FX settlement. This move positions Kinexys as a key player in the landscape of digital cross-border payments and foreign exchange. Initially supporting USD and […]
November 02, 2023
Uber and Lyft will pay a combined settlement of $328 million after multi-year investigations into their practices by the New York State Attorney General. The investigations found that the companies...
December 17, 2020
The investigation into Robinhood by the U.S. Securities and Exchange Commission has come to a head — and the stock-trading platform has agreed to pay $65 million to settle claims...
July 07, 2020
Deutsche Bank has agreed to a $150 million settlement with New York regulators over allegations that the giant German bank was effectively asleep at the switch in monitoring suspicious financial...
