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Regulatory Tracker: Sandboxes Gain, While Cryptos Wane

PYMNTS

Here in the United States, tax season looms, of course, which may put additional pressure on cryptos. The specific directive from William Galvin, the state’s head securities regulator, commands that those firms abandon the sale of what have been termed “unregistered securities.” The firms named include Mattervest, Inc.,

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Digital License Plates Vie For Place In Connected Car Ecosystem

PYMNTS

Besides California, states such as Arizona, Texas and Florida are moving toward use of digital license plates. Security and Marketing. launched a test in 2016 to secure digital drivers’ licenses, and Wyoming joined the program the following year.”. And that’s not all they could potentially do.

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Reverse Trend

Independent Banker

Yet Ardesson says he is the only banker based in Arizona that he knows of making reverse mortgages. Final rules from the FHA taking effect this month also require lenders to perform a “financial assessment” of borrowers to determine their ability to make tax and homeowners insurance payments after receiving a reverse mortgage.

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Finova Financial Review: Secured Personal Loans With Your Car

MyBankTracker

To qualify, though, you must live in one of the following states: Arizona Florida California South Carolina Tennessee New Mexico Finova is unique because you’re able to unlock the cash or equity in your car. This is personal property that secures the loan. This includes a DMV lien fee and a document stamp tax.

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Fintech Fundings: 36 Companies Raise $480 Million Week Ending March 18

Fintech Labs Insights

HQ: Phoenix, Arizona. Tax preparation technology. Tags: Consumers, tax prep, personal financial management. Latest round: $31 million ($6 mil Equity, $25 mil Debt). Total raised: $31.85 million including $25 million debt. HQ: Chicago, Illinois. Source: Pymnts. eWallet & mobile payments. Latest round: $28 million Series B.

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Can You Take Out a Personal Loan for Closing Costs?

MyBankTracker

Other seller closing costs can include: Transfer taxes Credits toward closing Prorated property taxes Attorney fees When Does It Make Sense? The bottom line: Using a personal loan for closing costs only makes sense if it doesn’t hurt your chances of getting approved or securing a low rate. first appeared on MyBankTracker.

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X-Border Sales Dream Team?

PYMNTS

The solution helps merchants make the most of cross-border opportunities – enabling payments for goods purchased, while staying on the right side of fraud, risk, tax and regulatory and legal compliance. Once a consumer selects a country outside of a merchant’s home country, FedEx seamlessly takes over.