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Why One Startup Is Desperately Seeking Regulation

PYMNTS

As a general rule, most startups aren’t too happy when the regulator comes around, and it is rarely indicative of good news. Uber had many wonderful years of asking for forgiveness instead of permission and managed to build a worldwide ridesharing empire on the strength of that conviction.

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How to reduce the regulatory burden on community banks

Abrigo

There are more than 6,000 banks and thrifts under $10 billion in assets and they are often less equipped to deal with complexities brought by additional regulations. He commented that regulations are likely to generate at least somewhat of a burden, but many provide public benefits that offset any burden imposed on community banks.

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How The COVID-19 Pandemic Is Driving Remote Online Notarization?s Adoption

PYMNTS

These reasons are driving a surge of interest in and use of remote online notarization (RON) services, according to James Schlimmer , managing partner of Naples, Florida-based notary firm Cottrell Title & Escrow. The state legislature adopted such regulations in late 2019, permitting these services for use beginning in January 2020.

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Shared Economy, Last-Mile Logistics Could Help Deliver COVID Vaccine

PYMNTS

And experts are warning that given the spike in cases nationwide, we should expect to see that national death toll to double over the next 10 days to reach 4,000 daily. There are now three different firms on the verge of submitting highly effective vaccines to regulators worldwide for emergency approval. percentage points.

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Digital payments on the rise in India – what does this mean for the region?

NCR

At the moment, some parts of this region are still heavily cash dependent, with research from McKinsey and Capgemini suggesting just two per cent of transactions in emerging nations of Asia-Pacific were cashless last year – though this rises to 35 per cent in developed countries. But could this be set to change sooner rather than later?

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Does Virgin America Sale Help Or Hinder Discount US Airfare?

PYMNTS

As one 29-year-old Silicon Valley marketing manager and former frequent Virgin flyer told The New York Times : “I think of [Virgin] as a young, hip airline. Virgin loyalists are unlikely to get any help from regulators in saving their grounded carrier. Alaska is more of a friendly aunt.”. percent dip from the previous quarter and a 6.2

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Drizly: The Amazon of Alcohol

PYMNTS

And Boston-based D rizly ’s news yesterday of its $15 million in Series B funding was a noteworthy milestone, for sure. . Given the heavily regulated nature of alcohol sales state by state and the lack of technology sophistication that the local purveyors of wine, beer and spirits have, Drizly’s job is easier said than done.