Regulation News
The Consumer Financial Protection Bureau has levied a $1.5 million fine on VyStar Credit Union for a botched system switch that left customers in the lurch, unable to access their money and accounts.
The FCA and PSR boards have announced the appointment Alison Potter as chair of the FCA's Regulatory Decisions Committee (RDC) and the PSR's Enforcement Decisions Committee (EDC).
The US Securities and Exchange Commission (SEC) has charged JP Morgan Securities and JP Morgan Investment Management Inc. (JPMIM) in five separate actions.
Commonwealth Bank of Australia has clarified comments made by the bank's chairman at its general meeting over the use of renewable power sources and water to support its AI models.
Africa-based startup Tehanu has completed its first ‘interspecies money' transfer, which enables the transfer of funds through digital wallets associated with the conservation of Rwandan mountain gorillas.
Florida-based VyStar Credit Union has been hit with a $1.5 million penalty over the botched rollout of a new online banking system that saw members unable to access their accounts and money.
