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BRUSSELS – Mastercard has been hit with a fine of €570.6 ($648.2 million) by the European Commission for limiting the possibility for merchants to benefit from better conditions offered by banks elsewhere in the European Union. 

LONDON—Almost three quarters (72.6%) of Internet users will access the web solely via their smartphones by 2025, equivalent to nearly 3.7 billion people, according to a new study.

ALBANY, N.Y.—Stock and crypto trading app Robinhood has received a BitLicense to operate in New York, according to the New York State Department of Financial Services.

WASHINGTON—The Consumer Financial Protection Bureau has announced a settlement with Enova International, Inc., an online lender that extends unsecured payday and installment loans, and lines of credit based in Chicago.

NEW YORK—The U.S continues to lag behind other countries in consumer adoption of mobile wallets.

RANCHO CUCAMONGA, California –CO-OP Financial Services has announced Jean Chatzky, financial editor of NBC’s TODAY show, will be returning as host of the company’s THINK 19 meeting in Miami Beach, along with five additional keynote speakers who will share their unique perspectives about business transformation under the conference theme “Opportunity Never Rests.” 

NEW YORK–One major card issuer has come up with a unique method to drive usage of digital wallets.

HAUPPAUGE, N.Y. – GrooveCar Direct announced 15 new partners joined the program during the fourth quarter.

CHICAGO–Do you work with a drama addict? Are you desperate to stop the drama and focus on real work? If so, two people have seven steps they say should be followed.

WASHINGTON—Rep. French Hill (R-AR) has sponsored a bipartisan bill that would provide a safe harbor for financial institutions that maintain a customer account at the request of a federal or state law enforcement agency, according to the congressional record summary.