Legal

1223 articles tagged with this keyword

All articles with this keyword
Apply Cancel
UK tribunals rules Visa and Mastercard fees breach competition law

/payments

UK tribunals rules Visa and Mastercard fees breach competition law

The UK's Competition Appeal Tribunal has ruled that Visa and Mastercard's multilateral interchange fees charged to retailers breach European competition law.

Kraken issued crypto licence in Ireland

/crypto

Kraken issued crypto licence in Ireland

Crypto exchange Kraken has become the first company to be awarded a Markets in Crypto Assets (Mica) licence from Ireland's central bank.

Irish bankers concerned about job displacement through AI - survey

/ai

Irish bankers concerned about job displacement through AI - survey

The vast majority of employees in Ireland's financial services believe that the rise of AI will lead to job displacement across the industry, according to a recently released survey.

Sezzle files antitrust suit against Shopify

/payments

Sezzle files antitrust suit against Shopify

BNPL provider Sezzle has sued Shopify, alleging that the e-commerce marketplace has been stifling competition on its platform.

/crypto

My Big Coin founder fined for crypto fraud

The Commodity Futures Trading Commission today announced the U.S. District Court for the District of Massachusetts entered a final default judgement against Mark Gillespie of Michigan, John Roche of California, My Big Coin Pay, Inc., and My Big Coin, Inc., both of Nevada.

/payments

Humans Group initiates arbitration proceedings against the Republic of Uzbekistan

Humans Mobile Ltd (Singapore), part of Humans Group, an international holding company and owner of Humans' business in Uzbekistan, has formally initiated arbitration proceedings against the Republic of Uzbekistan before the World Bank's International Centre for Settlement of Investment Disputes (ICSID Case No. ARB/25/24).

UK court finalises £200m Mastercard settlement

/payments

UK court finalises £200m Mastercard settlement

Mastercard's £200 million settlement of a class action lawsuit brought on behalf of British consumers has been signed off by the Competition Appeal Tribunal in a move that could see millions of shoppers receiving up to £70 each.

BitGo secures EU crypto custody licence

/crypto

BitGo secures EU crypto custody licence

US-based crypto custodian BitGo has become one of the first non-EU firms to secure a licence under the EU's Markets in Crypto Assets (MiCA) directive.

1.2m UK customers affected by February bank outages

/security

1.2m UK customers affected by February bank outages

A major outage suffered by UK high street banks on the last Friday of February affected more than 1.2m customers, according to a recently released House of Commons report.

Ex-Celsius CEO Mashinsky gets 12-year sentence for crypto fraud

/crypto

Ex-Celsius CEO Mashinsky gets 12-year sentence for crypto fraud

Alexander Mashinsky, the former CEO of crypto firm Celsius Network, has been sentenced to 12 years in prison for commodities fraud and securities fraud.

New York sues DailyPay and MoneyLion over 'illegal loans'

/regulation

New York sues DailyPay and MoneyLion over 'illegal loans'

The New York attorney general has sued DailyPay and MoneyLion, accusing the earned wage access providers of charging workers fees that amount to interest rates of up to 750%.

Nate founder charged with fraud over 'AI' shopping app secretly powered by humans

/ai

Nate founder charged with fraud over 'AI' shopping app secretly powered by humans

The founder of an AI-based tool for automating online shopping checkouts has been charged with defrauding investors over claims that the process was actually carried out by human workers in the Philippines.

US justice department disbands crypto fraud team

/crypto

US justice department disbands crypto fraud team

The US Department of Justice is disbanding its national cryptocurrency enforcement team.

Earned wage access fintech DailyPay sues NY AG: Rain raises $75 million

/regulation

Earned wage access fintech DailyPay sues NY AG: Rain raises $75 million

DailyPay has sued New York Attorney General Letitia James over efforts to apply usury laws to the earned wage access sector.

Frank founder Javice found guilty of defrauding JPMorgan

/startups

Frank founder Javice found guilty of defrauding JPMorgan

Charlie Javice, founder of student financial aid assistance company Frank, has been found guilty of defrauding JPMorgan Chase in its $175 million acquisition.

Galaxy Digital reaches $200m settlement over Luna token

/crypto

Galaxy Digital reaches $200m settlement over Luna token

Galaxy Digital has reached a $200 million settlement with the New York Attorney General (NYAG) over claims the crypto investing company promoted the now collapsed Luna digital asset without disclosing its interest in the token.

Santander scores victory in APP fraud retrieval case

/security

Santander scores victory in APP fraud retrieval case

Santander has scored a significant High Court victory in a push payment fraud case over its responsibility to return £415,000 that was sent to a scam account.

/wholesale

Level raises £105 million in debt and equity financing

Level, an FCA regulated, non-bank lender, specialising in the probate, family law and private client sectors, has raised £105 million in a combination of equity from Capricorn Capital and a senior secured facility from Pollen Street Capital.

Appeals court rules Capital One hacker's sentence was too light

/people

Appeals court rules Capital One hacker's sentence was too light

A US appeals court has overruled the sentence given to the hacker behind the huge 2019 Capital One data breach, saying it was too lenient.

/payments

ABA, others seek court ruling in Illinois interchange fees lawsuit

The American Bankers Association today joined other plaintiffs in filing a motion for summary judgment in a lawsuit challenging an Illinois law restricting interchange fees, pointing to the court’s previous finding that the plaintiffs were likely to succeed on their argument that federal law preempts the state law.

Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.

Please read our Privacy Policy.

Accept