A HIGH street bank will charge customers later this summer for using their debit cards abroad. From August 29, Metro Bank will introduce a 2.99% fee on all debit card transactions outside the UK, including in Europe. This compensation is currently free, The Sun reports. Metro Bank has approximately 3 million customers who may be … Read more
Ethereum has received a celebratory boost in otherwise fallow markets after it was announced late yesterday that the Securities and Exchange Commission has closed its “Ethereum 2.0” investigation, according to Consensys. Consensys sued the SEC in April. In its complaint, the company said the SEC had tried to “regulate ETH as a security, even though … Read more
The FTC has taken Adobe to federal court, alleging the Photoshop titan and two of its executives deceived artists by hiding termination fees for its subscription software. The complaint, filed Monday by the U.S. Department of Justice and made public in redacted form, alleges that “Adobe failed to adequately disclose to consumers that by signing … Read more
Stay informed with free updates Simply log in to the Private assets myFT Digest – delivered straight to your inbox. The world’s largest private equity firms have avoided income taxes on more than $1 trillion in stimulus payments since 2000 by structuring the payments to subject them to a much lower tax, according to new … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Visa and Mastercard will be required to share more information about the fees they charge merchants under new rules proposed by the UK’s payments regulator. The Payment Systems Regulator proposed on Tuesday that the two … Read more