PYMNTS

JUNE 10, 2016

As a general rule, most startups aren’t too happy when the regulator comes around, and it is rarely indicative of good news. And while that is bad news for a startup like Uber, as it turns out, instinctive fear of the regulator is not an endemic condition among startups.

Regulation 100

Regulation National Austin Fintech 100

Abrigo

JUNE 27, 2023

Regulations such as Geographic Targeting Order updates help identify AML risks by requiring identification for certain real estate purchases. The limited regulation around the real estate industry has made it especially easy for these bad actors to cycle their dirty money into the financial system using this avenue.

El Paso 195

El Paso Miami United States New York City 195

Perficient

NOVEMBER 30, 2022

The conference was attended by several Financial Institutions, Service Providers, Fintechs, and Industry Regulators. Among its attendees were representatives from The Clearing House (TCH), The Federal Reserve Bank of Boston, and SWIFT, along with some of the largest financial institutions in the U.S. . Themes & Takeaways .

Fraud 275

Fraud Management Payments New York City 275

PYMNTS

NOVEMBER 27, 2019

London regulators refused to renew the ride-hailing company’s operating permit over safety concerns and drivers using false identities. TfL regulates taxi and private hire services in the city. San Francisco, Houston and Boston have all had cases of illicit drivers, including convicted felons, Cnet reported.

San Francisco 141

San Francisco Houston Boston Regulation 141

PYMNTS

FEBRUARY 18, 2020

Radius is based in Boston and has in the neighborhood of $1.4 The bank is one of a few smaller lenders that has teamed up with FinTechs who need services only an FDIC-regulated institution can provide. LendingClub provides personal lending online, and it wants access to funding that is more stable and not as expensive.

Fintech 242

Fintech FDIC Boston Lending 242

PYMNTS

OCTOBER 11, 2020

Smith is new to the bank and will be based in Boston, overseeing the strategic direction, product pricing and portfolio management of the Small Business Banking division, Santander stated in the announcement. Santander’s hires come as federal regulators are strongly encouraging banks to increase small loans to consumers.

Lending 160

Lending New York Virginia Boston 160

PYMNTS

JANUARY 21, 2020

“The Greater China team is engaged in services of a broad range of competition and regulation issues, including merger analysis, antitrust and intellectual property, abuse of dominance /monopolization and cartels and collusion, financial regulation, public utilities regulation and more,” according to the announcement.

Analysis 130

Analysis Boston Chicago New York 130

Abrigo

NOVEMBER 12, 2020

The newest order include s : Boston Chicago Dallas-Fort Worth Honolulu Las Vegas Los Angeles Miami New York City San Antonio San Diego San Francisco Seattle . BSA Rules and Regulation. BSA Rules and Regulation. What does this GTO mean for your institution? Customer Due Diligence. Learn More.

New York City 195

New York City Las Vegas San Antonio San Diego 195

PYMNTS

JANUARY 28, 2019

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.

Regulation 181

Regulation Boston Cards Innovation 181

PYMNTS

DECEMBER 24, 2020

Said Allaire of the bid to get digital currencies more front and center: “Regulators are getting their arms around them … the digital asset market is now moving, more and more, into the mainstream of finance, FinTech payments and banking world.”. And, of course, the crypto landscape extends well beyond bitcoin.

cryptocurrency 258

cryptocurrency Bitcoin Course Boston 258

PYMNTS

MARCH 22, 2019

Intercontinental Exchange ( ICE )’s plans to launch bitcoin futures in November of last year have been delayed because of regulators. According to the paper, what’s holding up approval is a disagreement about how Bakkt (the name for the bitcoin futures) should be regulated.

Bitcoin 116

Bitcoin Regulation cryptocurrency Boston 116

PYMNTS

SEPTEMBER 4, 2020

After cherished Boston dining spot, Stella, closed its doors due to pandemic losses, chef and owner Evan Deluty couldn’t let the dream die — or his heavenly preparations disappear — and has reinvented Stella as a gourmet food truck. There’s no mistaking the hit that haute cuisine is taking due to COVID.

Boston 205

Boston San Francisco New York City Portland 205

PYMNTS

MAY 1, 2018

Today’s stories include a new mark in the evolving relationship between payments and biometrics, along with a look at possible new regulation for digital currency. Ether In The Crosshairs Of Regulators. Regulators in the U.S. are considering the regulation of digital tokens outside bitcoin.

Regulation 101

Regulation Boston Bitcoin cryptocurrency 101

PYMNTS

JUNE 18, 2020

Boston-based Eastern Bank , the nation’s largest mutual, is pushing ahead with plans to go public and shed its long-time format in a move that could raise nearly $2 billion, according to a press release. The more than 200-year-old bank, originally founded 1818, has filed plans notifying the U.S.

United States 142

United States Boston Community Security 142

PYMNTS

APRIL 1, 2016

The Boston Globe reported that Massachusetts decided Friday (March 25) to establish a set of regulations that would allow Boston-based DraftKings and FanDuel to continue to operate within the state. Although they don’t agree with every 
regulation, they’ve already started to comply and they 
will comply.”.

Massachusetts 100

Massachusetts Boston Regulation Operations 100

PYMNTS

JANUARY 29, 2020

Sonder closed 100 units in Boston last year after city regulations were modified, impacting its business model. Despite the industry slowdown, online real estate companies can still secure significant financing, as people will always need real estate.

Boston 130

Boston Strategy Course Security 130

PYMNTS

FEBRUARY 28, 2019

Abheek Singhi, head of Boston Consulting Group’s consumer practice in India, said that sharing information between “two legal entities is going to be very difficult.” But the new regulations state that no foreign-funded marketplace can source more than 25 percent of its goods from a company associated with the marketplace.

Data 135

Data Boston Regulation Retail 135

PYMNTS

OCTOBER 15, 2020

The Boston-based sports fantasy operator said in the release Thursday (Oct. Regulated betting is quickly becoming a fixture of modern sports entertainment, and this collaboration with Turner Sports further scales the reach of our products and content to engage fans,” said Ezra Kucharz , DraftKings’ chief business officer, in the release.

Report 141

Report Boston Chicago New York 141

PYMNTS

OCTOBER 17, 2018

As the publication explained, financial regulations that apply to the city of London may no longer be in effect as soon as March, depending on ongoing Brexit negotiations. institutions to EU-based ones in the case of a so-called hard Brexit , reports said, citing analysis from Boston Consulting Group (BCG) U.K.

Boston 134

Boston Regulation Compliance Analysis 134

PYMNTS

JANUARY 25, 2018

In an interview with PYMNTS, CEO and Founder of Reviver Auto Neville Boston said that for the firm, which traces its genesis to 2009, the “initial thought process was simplifying the registration process. Boston noted that, with the traditional and entrenched methods, “your registration is sent out to an address.” It’s onerous.

Boston 128

Boston California Michigan Georgia 128

PYMNTS

JULY 5, 2017

Before Uber in Boston, where I live, trying to get a taxi reliably was not only friction-filled, it was infuriating much of the time — something that a study conducted by the city of Boston in 2013 on the taxi industry bore out. That was on a day without bad weather, something Boston never has.

Boston 124

Boston Regulation Innovation Study 124

PYMNTS

SEPTEMBER 15, 2020

To that end, Bloomberg reported at least some financial regulators from the European Union say there need to be strict controls governing central bank digital currencies in place — and Libra (among other private efforts) may present a threat to financial stability. Central bank digital coins on the Continent – but plenty of room for cash.

Boston 227

Boston Retail Meeting Maine 227

PYMNTS

MARCH 16, 2018

The profiles serve as educational materials outlining the lifecycles, security characteristics and relevant laws and regulations for the most common payment types, the Federal Reserve said in a press release. “We They also cover security methods — and identity management controls — along with relevant laws and regulations, among other topics.

Security 100

Security Payments Boston Fraud 100

PYMNTS

NOVEMBER 26, 2019

Among the nonprofits working to feed local communities this holiday season is the The Greater Boston Food Bank (GBFB) , which provides food services to 190 cities and towns in the eastern Massachusetts region. to track spending, pinpoint savings opportunities and follow important regulations. million nonprofits in the U.S.

Tools 141

Tools Boston Cards Management 141

PYMNTS

AUGUST 5, 2019

In addition, India’s video-streaming market could reach 10 times that size by the time 2023 rolls around, per a Boston Consulting Group report in 2018. Current regulations in India bar sellers that are over 26 percent owned by the platform. As a powerful growth market, both firms are reportedly eager to expand their presence in India.

Video 108

Video Seattle Boston Retail 108

PYMNTS

APRIL 2, 2018

According to a press release issued by the SEC, the regulator contends Liberty engaged in a scam to trick hundreds of investors into funding his shell companies instead of Mozido. The prospect of investing in a non-public startup company may hold considerable allure, but buyers need to understand what they are buying.

Boston 126

Boston Security Fintech Maine 126

PYMNTS

DECEMBER 29, 2016

A paper published by Boston Consulting Group (BCG) described today as a critical moment in banking history as players face pressure from alternative players and corporate clients that demand newer, better services. The time for this radical shift is now,” Boston Consulting Group declared.

Security 181

Security Fintech Boston Fraud 181

PYMNTS

NOVEMBER 16, 2018

While the previous purchase amount threshold varied by city, it’s now set at $300,000 for each metropolitan area, covering certain counties within the following major locations: Boston, Chicago, Dallas-Fort Worth, Honolulu, Las Vegas, Los Angeles, Miami, New York City, San Antonio, San Diego, San Francisco and Seattle.

Las Vegas 134

Las Vegas San Antonio Report San Diego 134

PYMNTS

SEPTEMBER 17, 2020

Over the past several days, for example, financial regulators from the European Union said there need to be strict controls governing central bank digital currencies in place — and Libra (among other private efforts) may present a threat to financial stability.

Policies 181

Policies Boston Examples ATM 181

PYMNTS

APRIL 15, 2016

New research published by the Harvard Kennedy School of Government’s Mossavar-Rahmani Center for Business and Government found that regulation is stifling access to credit cards and that the trend is bad news for small business owners. Lux and Greene argue that regulators should remove certain bans on risk-based pricing.

Cards 100

Cards Report Boston Regulation 100

PYMNTS

OCTOBER 18, 2019

In hopes of profiting from the lack of large, regulated institutions in the chaotic digital asset space, Fidelity is bolstering its digital currency custody business. The Boston-based financial group, which has over $2.8T

Bitcoin 101

Bitcoin Boston cryptocurrency Regulation 101

PYMNTS

NOVEMBER 15, 2019

regulators that it still has ongoing problems processing high-value payments despite more than three years of remediation efforts. Amazon To Build $40M Robotics Innovation Hub Near Boston. Apple Pay Competition Practices Eyed By EU Regulators. The branding will reflect the financial institutions and not Google.

Google 139

Google Payments Apple cryptocurrency 139

PYMNTS

AUGUST 8, 2017

The IPO for small investors (and a smallish sum) is the product of a set of stock rules known as Regulation A+. Regulation A+ allows companies to raise up to $50 million via a mini-IPO. Regulation A+ opens up investing to “average Joe” investors who are not “accredited.” It will, however, be a franchise-only operation.

Regulation 119

Regulation Boston Branding Maine 119

PYMNTS

FEBRUARY 26, 2019

.” Founded in 2012, Boston-based DraftKings offers daily fantasy sports contests across 11 professional sports and in eight countries, including the U.S., and international sports, pursuant to state rules and regulations. and Australia.

Online 108

Online Mississippi New Jersey Boston 108

CFPB Monitor

JANUARY 28, 2019

Fiene has more than 31 years of experience in regulating financial services companies, including 27 years dedicated to supervising and examining compliance with federal consumer financial laws and regulations. Laura Fiene will serve as West Regional Director. Fiene joined the CFPB in 2011.

Leadership 60

Leadership Boston Policies Regional 60

PYMNTS

MAY 6, 2016

The program is called Drizly Connect and it’s launching in Boston and D.C. Amazon delivers alcohol through Prime in some cities, and Instacart is working with local omnichannel liquor retailer vinodivino to offer Boston customers same-day delivery of wine, liquor, and beer.

Boston 100

Boston Retail America Regulation 100

PYMNTS

APRIL 5, 2018

On Wednesday, Suffolk County Superior Court Judge Kenneth Salinger in Boston denied a motion by Equifax to dismiss the lawsuit, writing that it had a plausible claim that the company breached its legal duties to prevent any reasonably foreseeable risks to its data security, as well as to take care of any reasonably up-to-date fixes to its software.

Massachusetts 109

Massachusetts Boston Data Security 109