Two technology trade groups sued to block a new rule giving the regulator supervisory authority over payment apps and digital wallets from large non-banks.
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Tag: venmo
US watchdog issues final rule to supervise Big Tech payments, digital wallets
Silicon Valley tech giants who process more than 13 billion financial transactions annually through digital wallets and payment apps will be subject to government supervision.
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Ex-DEI Manager At Facebook And Nike Sentenced For Multi-Million Dollar Fraud
A former Diversity, Equity, and Inclusion (DEI) manager at Facebook and Nike has been sentenced for wire fraud worth over $5 million.
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Former Facebook Employee Pleads Guilty To Stealing $4M From The Company
A former Atlanta Facebook global diversity executive has admitted to stealing over $4 million from the company.
Read More Former Facebook Employee Pleads Guilty To Stealing $4M From The Company