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DoorDash Ordered To Cut DashPass Commissions By DC Attorney General

PYMNTS

While DashPass is a premium marketing offering and provides benefits to many restaurants, we have decided to not charge DC restaurants their contractual DashPass rate at this time. The letter that was sent to the delivery company on Tuesday (Dec.

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How regulators can foster competition and bolster AI innovation

American Banker

Speakers at DC Fintech Week highlighted ways forward for regulators to keep pace with artificial intelligence, such as by setting up "guardrails" before guidelines.

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FinCEN and OCC address cryptocurrency: responsible innovation and pervasive hype

CFPB Monitor

Associate Director Evangelista stressed “responsible innovation” by the cryptocurrency industry, in order to protect consumers and national security interests, as well as to combat cybercrime and other illicit financial activity. Responsible Innovation “.

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Amazon Opens Bookstore In DC

PYMNTS

Betting that its popularity with shoppers online will translate into brick-and-mortar customers in Washington, D.C., Amazon opens an Amazon Books location in the nation’s capital. The store occupies a space that formally housed a Barnes & Noble store in Georgetown, The Washington Post reported.

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Amazon Toured Sites In Washington, DC, Area Last Week

PYMNTS

Washington, D.C., could be the home of Amazon.com’s second headquarters: Officials from the eCommerce giant toured potential sites in the area last week. According to news from The Washington Post , Amazon officials toured locations in Washington, D.C., Montgomery County, Maryland, and Northern Virginia.

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DoorDash Shares Surge Over 85 Pct On First Trading Day

PYMNTS

While DashPass is a premium marketing offering and provides benefits to many restaurants, we have decided to not charge DC restaurants their contractual DashPass rate at this time.

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PBOC Patents Show China’s Push For Digital Money

PYMNTS

In 2014, China launched Digital Currency/Electronic Payments (DC/EP) to digitize at least parts of its currency. Chamber of Digital Commerce President Perianne Boring told the Financial Times that the massive investments China has made, and the seriousness with which it is approaching the issue, was different from the U.S.

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