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Revolut hit with biometric ID class action in Illinois

Payments Dive

Several tech companies have been hit with lawsuits under Illinois' Biometric Information Privacy Act in recent years.

Illinois 195
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X lands money licenses in Illinois, New Mexico

Payments Dive

The social media platform is now nearly halfway to securing the state licenses needed to fulfill owner Elon Musk’s vision of a nationwide payments app.

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Aldi debuts Grabango checkout tech at Chicago-area store

Payments Dive

at a location in the Chicago suburb of Aurora, Illinois. The retailer is working with artificial intelligence startup Grabango to offer the service for the first time in the U.S.

Chicago 468
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Illinois SMBs Face Tighter COVID-19 Restrictions

PYMNTS

With COVID-19 cases rising in Illinois, operators of small- to medium-sized businesses (SMBs) in heavily populated areas face new shutdowns — measures likely to be all the more painful economically because of looming winter weather that will make options such as outdoor dining unattractive, The Wall Street Journal (WSJ) reported.

Illinois 171
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Do Consumers Own Digital ID Algorithms? Look To Illinois.

PYMNTS

Illinois’ Role. Many of those efforts are likely to center on Illinois, which has what is commonly regarded as the strictest law in the U.S. The Illinois Biometric Information Privacy Act , a state law enacted in 2008, gives users a “property interest” in the algorithms that establish their digital identities.

Illinois 161
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Illinois publishes proposed student loan servicing rules

CFPB Monitor

The Illinois Department of Financial and Professional Regulation (IDFPR) published a notice of proposed rules implementing the Student Loan Servicing Act in the July 10, 2020 issue of the Illinois Register. Written comments will be accepted for 45 days.

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USDA picks 5 states for mobile SNAP payments pilot

Payments Dive

Illinois, Louisiana, Massachusetts, Missouri and Oklahoma are working with the government agency to expand payment options for SNAP consumers.

Oklahoma 363