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Merchants Gone Wild: The Surcharge Edition

PYMNTS

Since about mid-December of 2018, checking out in the stores here in Boston has become even more of a hassle. This newfound friction is the result of the City of Boston passing a bill that bans plastic bags and gives merchants the right to charge for ones made of paper. And then regulators are forced to backtrack.

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The community banks standing by hospitality customers

Independent Banker

Between the [Trump] administration and Congress and the regulators, they did a terrific job of allowing banks to work with their borrowers,” says Jeff W. Another option would be to do a separate loan to amortize those deferred payments, which again would be dependent on regulators, he adds. Dick, chairman and CEO of $1.7 and ADR by 6%.

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Bad Actors Emerge in PPP Lending – More Expected as Forgiveness Guidance Emerges

Abrigo

Other forms of fraud include identity theft, misrepresentation, such as inflating payroll numbers, and “loan stacking,” which the OCC refers to as an applicant receiving PPP loans from multiple lenders. Furthermore, the FAQ clarifies that the loans were not intended for companies with access to equity in the market.

Lending 195
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Will Dynamic Pricing Change How Automotive Parts are Sold?

PYMNTS

Also working in favor of car companies is the relative murkiness of the market for spare parts, which Reuters addressed in its June 3 report. Regulators, for instance, might end up taking a closer look at the use of pricing software in this sector.

Software 100
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2021 GonzoBanker Awards

Gonzobanker

For the past four-plus years, Chesler has guided Glacier through continued growth and successful acquisitions across the West, all while staying true to Glacier’s local market culture. The regulator and media pressure on overdraft fees has been a constant challenge to overdraft revenue. regulated financial institutions!

Fintech 143
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An Open Road For Open Banking?

PYMNTS

In banking, collaboration — between the traditional players like banks and the tech savvy FinTechs bringing a slew of new apps to market — is key. there are indications that the opening of data flows between financial services companies has led to strong innovation (and demand for that innovation), and more regulation may loom.

Fintech 285
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AI-Driven Facial Recognition Is Coming And Brings Big Ethics And Privacy Concerns

CB Insights

Download our research briefing to dive into private market trends, startups working on ‘general AI’ or human-like intelligence, and the most prominent industries using AI algorithms. The State of Artificial Intelligence. ” CREDIT: IEEE-ICCVW 2017. But Singh also recognizes that it could be used for more nefarious purpose.