Kardashian’s SEC case sends a message: Influencers should know the rules of disclosure for promotions of securities.
Business owners fear discrimination will prevent funding. Instead they rely on family and friends, which ultimately stunts the growth of their businesses.
Fintech funding hasn’t dried up yet—and two of the three deals last week rewarded embedded finance providers.
Next year, the Fed will run a pilot with six banks to inform management of climate-related financial risk. Europe has already done this, suggesting it may become the new norm.
Mastercard will help Inswitch offer payment solutions and issuing programs to businesses in the region.
Banking trade groups, including The American Bankers Association, have sued the agency, claiming it overstepped its authority regarding UDAAP enforcement.
Regions Bank paid $191M in fines and reimbursements for improper overdraft charges on ATM withdrawals and debit card purchases.
A Fed official has suggested updating bank merger rules that account for the proliferation of fintechs and nonbank entities in the banking system.
The Payment Systems Regulator’s proposal could restore trust in P2P payments and mobile wallets—and could serve as a model for US regulators.
The UK challenger bank recorded profitability for three consecutive months, crediting the milestone to its SME lending arm.