How to Become a Data-Driven Bank

News items that are the most recent sanctions-related actions from the Office of Foreign Assets Control.

ABA filed an amicus brief urging the Supreme Court of Oklahoma to grant Arvest Bank’s petition to review a Court of Civil Appeals of Oklahoma decision holding that courts — not arbitrators — must decide whether an alleged...

ABA filed a coalition amicus brief urging the Second Circuit to reverse the district court’s denial of Citibank’s motion to dismiss the New York Attorney General’s EFTA claims.

ABA filed a coalition amicus brief urging the Ninth Circuit to grant Flagstar Bank’s en banc petition to review a three-judge panel’s decision that ruled the National Bank Act does not preempt California’s interest-on-escrow law.

A proposed consumer class sued Athena Bitcoin, one of the largest Bitcoin ATM operators, in the Southern District of Florida, alleging it violated the Florida Deceptive and Unfair Trade Practices Act by using inflated exchange rates, undisclosed surcharges,...

Judge Jeffrey S. White of the Northern District of California granted in part and denied in part a proposed class action alleging PayPal illegally inflated online retail prices through restrictive merchant agreements.