The high-stakes world of mortgage lending has erupted into a bitter legal battle as Citizens Bank, the Providence-based financial powerhouse, has leveled explosive accusations against digital fintech giant SoFi Bank. In a lawsuit filed last week in the U.S. District Court for the District of Connecticut, Citizens Bank alleges that SoFi has engaged in a…
By PYMNTS | June 30, 2026 In a move that could fundamentally reshape the economics of the mobile ecosystem, the United Kingdom’s Competition and Markets Authority (CMA) has unveiled a sweeping regulatory proposal aimed at dismantling the restrictive gatekeeper status of Apple and Google. The proposal, announced Tuesday, seeks to mandate that both tech giants…
By PYMNTS | June 18, 2026 As the American consumer navigates a complex economic landscape defined by stubborn inflationary pressures and shifting household priorities, the nation’s largest traditional supermarket chain, Kroger, finds itself at a critical strategic crossroads. During the company’s Q1 2026 earnings call held on Thursday, June 18, newly minted CEO Greg Foran…
