A handful of Wall Street banks are preparing to pay up to $200m each to settle a case with the Securities and Exchanges Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over the use of WhatsApp messages.
The Financial Conduct Authority has issued a warning directed at companies offering Buy Now, Pay Later products that all financial promotions of BNPL products must comply with the financial promotion rules in spite of occasional legal loopholes
FinTech startup CabbagePay has officially launched in major US cities with its goal to redefine the way money moves for all businesses, as it continues to penetrate brands, stores, websites, and apps.
The CEO who was lauded in 2015 for rolling out a $70,000 minimum wage at his payments processing firm has resigned after accusations of assault involving multiple women.
