Crypto.com initiates legal action against SEC following legal threat
The Paypers
OCTOBER 9, 2024
Singapore-based cryptocurrency exchange Crypto.com has initiated a lawsuit against the US SEC after receiving a legal threat from the regulator.
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The Paypers
OCTOBER 9, 2024
Singapore-based cryptocurrency exchange Crypto.com has initiated a lawsuit against the US SEC after receiving a legal threat from the regulator.
Bank Automation
SEPTEMBER 16, 2024
7, are suing Ally Financial subsidiary Detroit-based Ally Bank for: […] The post Ally faces legal battle after data breach appeared first on Bank Automation News. Plaintiff Sebastian Owens, among others in the class action suit, according to court documents filed in the District Court of Western District of North Carolina on Sept.
Fintech News
AUGUST 25, 2024
According to DealStreetAsia , this move comes as the company faces ongoing investigations and legal challenges from lenders. Concerns escalated after co-founder Adrian Gunadi was dismissed in January amid fraud and contract breach allegations, leading to legal action and his removal as director.
Fintech News
OCTOBER 22, 2024
In addition to the license revocation, Investree is prohibited from transferring or obscuring company assets, except for fulfilling legal obligations, and must resolve employee rights in line with employment laws. The regulator shared that asset tracing and potential legal proceedings are underway.
Payments Dive
FEBRUARY 23, 2024
The bureau has informed the digital payment company it’s weighing legal action related to a Cash App probe.
Finextra
AUGUST 5, 2024
JPMorgan Chase is considering taking legal action against the Consumer Financial Protection Bureau (CFPB) over an ongoing probe into the abuse of Zelle payments by scammers.
Payments Dive
MAY 23, 2024
“All parties in the payments ecosystem would benefit greatly from state laws that provide clarity and consistency between jurisdictions,” write two legal professionals.
Finextra
SEPTEMBER 11, 2024
The UK's new Labour government is introducing a bill that will ensure that Bitcoin and other digital assets can be considered personal property, boosting legal protection for owners.
The Fintech Times
MAY 14, 2024
Communications, marketing and legal teams are all seeing transformative change due to gen AI integration. Legal: Klarna’s lawyers are using ChatGPT Enterprise to create the first draft of common types of contract, massively reducing the time it takes to draw up a contract. per cent, 87.9 per cent, and 86.4 per cent respectively.
Payments Source
NOVEMBER 4, 2020
One area of certainty in the 2020 election is the momentum for legalizing cannabis, as a string of ballot box victories makes it harder for banks to avoid working with dispensaries and other legal marijuana businesses.
Stax
DECEMBER 20, 2023
This article explores the legal landscape surrounding surcharges, shedding light on the intricacies of state and federal laws and strategies for small businesses to manage processing costs. Learn More Are Debit Card Surcharges Legal? Let’s start with the elephant in the room: are debit card surcharges legal? Get in touch!
Fintech News
APRIL 1, 2024
The announcement comes as the company seeks to navigate through the aftermath of legal challenges in the United States , including a guilty plea to violations related to anti-money laundering and sanctions. Binance Holdings, operator of a crypto exchange of the same name, has established its first board of directors.
Finextra
APRIL 11, 2024
NYSE: BR), a global Fintech leader, announced that Hope Jarkowski has been appointed Chief Legal Officer, effective May 6, 2024. Broadridge Financial Solutions, Inc.
Nanonets
MARCH 4, 2024
Lawyers often grapple with many documents in the dynamic legal world where every second counts, and information is the key to success. The legal landscape is evolving rapidly, and the need for efficient document management solutions has become pressing. Streamline legal document processing with Nanonets' AI-powered OCR software.
Finextra
JULY 4, 2024
EQS Group, a leading international cloud software provider for corporate compliance, investor relations and sustainability reporting, today announces that it has entered into exclusive negotiations for the acquisition of French company Data Legal Drive, a key player in the GDPR and anti-corruption compliance software market.
EBizCharge
JUNE 28, 2024
The question “Is it legal to charge a credit card fee?” This article will explore the legality of charging such fees as well as the pros and cons associated with them. Surcharging is legal in many states and is regulated at the state and federal levels. is a legitimate inquiry for merchants seeking ways to offset these expenses.
Payments Dive
DECEMBER 21, 2022
Hope Mehlman will serve as chief legal officer and general counsel at the financial services company.
Payments Source
SEPTEMBER 15, 2020
PaymentsSource Senior Analyst Michael Moeser talks to Tyler Beuerlein, chief revenue officer of Hypur, about the challenges of handling payments in the legalized cannabis industry.
The Paypers
OCTOBER 18, 2023
UK-based X-Press Legal has added Open Banking to its online banking system, X-Press Pay, via Ordo , enabling consumers to directly pay for disbursements.
Nanonets
MAY 10, 2023
From court documents being moved to digital formats to the advent of AI in legal research, a lot has changed. What does it mean for legal professionals? And how can you use AI to make legal work more efficient? Court dates, client meetings, legal research, paperwork – the list goes on for legal professionals.
Finextra
JUNE 27, 2024
today announced the appointment of Robert Villaseñor as the company’s chief legal and compliance officer. Coinme, a leading cryptocurrency cash exchange in the U.S.,
Payments Dive
MAY 23, 2022
Companies offering installment payment options for healthcare, legal and auto repair say that buy now-pay later options will satisfy growing consumer demand to cover big expenses in other areas.
Fintech Finance
MARCH 7, 2024
PPRO , the leading local payments platform, has announced the appointment of three new senior leaders across legal and compliance: Selene Brett as Chief Legal, Risk and Compliance Officer, Marc Kuzak as Legal Director, and Massimiliano Conte as Compliance Director. I am joining the company with a strong team.
Agile Payments
SEPTEMBER 5, 2023
Point-Of-Sale (POS) Payments: Legal And Operational Aspects For Businesses
Payments Dive
JUNE 3, 2022
The digital payments company’s legal team hopes to introduce more alternative fee structures to help gain more balance in outside law firm costs.
PYMNTS
DECEMBER 15, 2020
Payments in the legal cannabis industry is a tricky nut to crack. While the general expectation is that federal legalization is on the horizon, it will take some time for electronic payment rails to open up to legal cannabis businesses, meaning cash is likely to persevere as the dominant transaction method for the short- to medium-term.
Payments Source
FEBRUARY 23, 2021
The lack of federal legalization creates processing challenges, but there are emerging solutions, says Fincann's Nathaniel Gurien.
The Fintech Times
FEBRUARY 26, 2024
The data reveals significant increases in financial crime across various sectors, with legal and property firms experiencing notable spikes. Nearly half of legal professionals, solicitors and conveyancers reported a rise in financial crime attempts in 2023, compared to 34 per cent the previous year.
The Paypers
AUGUST 2, 2024
The UK Law Commission has released a report in which it proposes legal reforms to better protect the unique features of digital assets.
The Paypers
FEBRUARY 26, 2024
The Texas Blockchain Council has initiated legal proceedings against the US-based EIA , for an alleged illegal data collection against the bitcoin industry.
Payments Source
FEBRUARY 2, 2021
Senate Majority Leader Chuck Schumer is calling for federal legalization of cannabis. This should be welcome news to niche payment processors already in the business, but it would also reward big players waiting on the sidelines.
Payments Source
DECEMBER 21, 2018
Hostilities toward the legal U.S. cannabis industry are softening considerably, with signs of further removing cash and digital workarounds from a market that has long been shunned by traditional payment cards.
PYMNTS
NOVEMBER 1, 2020
In Apple 's annual report , the tech giant discussed the impact that various legal proceedings and new regulations around the world could have on its operations and financial conditions. Those could lead to changes in the company's practices or further legal proceedings, the report stated.
PYMNTS
FEBRUARY 6, 2020
While opportunities for supply chain finance and dynamic discounting can be found across verticals, demand for these capabilities is particularly high in the corporate legal services industry. “It’s a very symbiotic relationship between the in-house legal department and outside counsel,” he told PYMNTS in a recent interview.
PYMNTS
MAY 29, 2019
It’s not often that one gets to see a new form of retail emerge, but that’s what’s happening with, of all things, legal recreational cannabis. According to one recent report , a 13,000-square-foot legal retail dispensary in that city includes a “pizzeria and coffee house to attract customers who don’t partake in the now-legal herb.”
Payments Source
OCTOBER 17, 2018
This week marks the official start of Canada’s legalized recreational cannabis industry — and American Express and Visa are ready to handle the new market's payments, in a stark contrast to their stance in the U.S.
Payments Dive
JULY 18, 2023
Rob Beard, who will also serve as head of global policy, brings M&A and capital markets experience to his new role at the card network company.
PYMNTS
MARCH 20, 2020
And while retailers are most likely not liable for any legal exposure, there are legal and ethical issues presented by the current crisis that need retail attention regardless of size and legal expertise. “If A sweep of legal advice columns shows that adequate warnings are sufficient when the risks are considered obvious.
PYMNTS
DECEMBER 23, 2019
One such area in which instant payments remain out of reach is the legal system, as claimants still largely receive their settlements or disbursements via check. Such needs make payment speed a low priority for legal firms, even though consumers involved in court cases are often frustrated and confused about how to receive their settlements.
PYMNTS
MARCH 21, 2019
The nature of cannabis commerce is changing, and not just because of spreading legalization (with New Jersey the latest state to be in the midst of considering that move). Women have become involved in all facets of the legal cannabis operations across the United States and Canada. businesses as a whole, the publication said.
PYMNTS
NOVEMBER 17, 2020
In an expansion of its effort to “make digital platforms fairer for consumers and developers,” Epic Games took legal action against Apple in Australia, according to a statement posted on Wednesday (Nov. 18) Sydney time. Anyone could write code, anyone could release software and users could install software from sources of their choosing.
PYMNTS
JULY 12, 2019
Trends in legal cannabis retail are just now emerging, and fresh numbers from Colorado are providing insight into how the industry is evolving. billion in sales over the last five years, with April and May of this year the highest-grossing months since legalization.”. Legal retail cannabis may be spreading throughout the U.S.,
Payments Dive
OCTOBER 1, 2024
billion to a litigation escrow account as it battles a Justice Department lawsuit and ongoing legal case with merchants. The company added $1.5
PYMNTS
DECEMBER 20, 2019
Retailers and other customer-facing platforms adapted alongside the internet to offer these payment innovations, but legal firms still view many of these methods with trepidation. Legal disbursements are tricky, even for the simplest of payouts, because they need full verification before going to potential claimants.
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