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BaaS Banks Are in Time Out, and Here’s Why It’s a Big Deal

Gonzobanker

Cross River Bank recently found itself in hot water with the FDIC when the agency declared that the bank engaged in unsafe or unsound banking practices in relation to its compliance with fair lending laws and regulations, specifically the Equal Credit Opportunity Act and the Truth-in-Lending Act. Don’t get complacent.

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Amazon Sizzles, CX Border Fizzles And Humans Win One Against The Machines 

PYMNTS

Because – we admit – with the layers of reveals about the fake Facebook ads sold to Russian operatives, this may seem like something of a strange choice, and pretty far from the feel-good story of the week. SMB Lending: Biz2Credit data shows that lending is still strong at SMBs. percent, up 10 basis points in September.

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Amazon (And Others) Brace For India’s New eCommerce Tax

PYMNTS

firms operating on an international scale — is about to get more heated. Last week in India, the government proposed a tax on eCommerce transactions that will likely increase operating costs for sellers large and small. The jousting over eCommerce taxes — especially for U.S.

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