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FB Touched Base With Fed On Crypto

PYMNTS

Facebook, I believe, has made quite broad rounds around the world with regulators, supervisors and lots of people to discuss their plans and that certainly includes us,” Powell said on Wednesday (June 19), according to CNBC. There’s just a tremendous amount of innovation going on out there,” he said.

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FinTech Could Be Hurt By Fight Between OCC And States

PYMNTS

TechCrunch said the fight between states and the OCC centers on a proposal made by the OCC in December, in which it details a program that enables FinTechs to apply for charters to become special purpose national banks. Some are concerned the OCC is hurting innovation, while others think it’s overstepping its limits.

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Lawmakers Want NHTSA To Study Connected Car Security

PYMNTS

Aiming to beef up security in connected and driverless cars , a group of lawmakers have introduced a bipartisan bill in the House of Representatives that would put the National Highway Traffic Safety Administration (NHTSA) in charge of studying security issues for cars and trucks that are connected and eventually driverless. Wilson and Rep.

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Lemonade Insurance Review: Best for Simple Insurance Coverage

MyBankTracker

Lemonade is a fully licensed and regulated insurance company that serves customers in both the U.S. In some instances, they may even estimate your rebuild cost to be as low as $120 per square foot — which is on the low end of the national average of $100-$200 per square foot. What is Lemonade? and select locations in Europe.

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Android of the Auto Industry? How Baidu May Race Ahead Of Google, Tesla, And Others In Autonomous Vehicles

CB Insights

investment fund dedicated to startups innovating in the AV space. In recent months, the Chinese government has increasingly eased regulations on autonomous vehicles in a number of cities to accelerate the path to commercialization. Didi’s lab in Mountain View, CA. The China advantage.

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California Student Borrower Bill of Rights Becomes Law

CFPB Monitor

b) of New York’s student loan servicer regulations). The Ombudsman has authority to request and compile information provided by a student loan servicer to effect its duties (including national banks, to the extent not preempted). The materials and recording are available by request.). See Section 1788.102(b)].

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Payments and passports

Tomorrow's Transactions

Now what this passporting might mean is anyone’s guess, since this is just a newspaper story based on gossip, but I think it might be a little more complex to arrange than it seems at first because of the nature of banking regulation in the United States. This seems anachronistic.