PYMNTS

DECEMBER 14, 2018

California-based hedge fund Pantera Capital has revealed that it might have to issue refunds to its backers after the U.S. While we believe the vast majority of the projects in our portfolio should not be affected, approximately 25 percent of our fund’s capital is invested in projects with liquid tokens that sold to U.S.

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blockchain Bitcoin Report San Francisco 155

PYMNTS

JANUARY 12, 2021

Plus, Delivery Hero is launching an early-stage venture capital (VC) firm. It also has a California office, which opened in 2017, and has plans for a Colorado office. Germany’s Delivery Hero Introduces Its Own Venture Capital Fund. Checkout.com Closes $450 Million Series C For $15 Billion Valuation. Checkout.com, a U.K.-based

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PYMNTS

JUNE 21, 2018

Sources say Robinhood Markets is in talks with regulators about offering banking services to its more than 4 million users. billion in a new round of funding, with investors including Sequoia Capital , Kleiner Perkins Caufield & Byers , Iconiq Capital and Alphabet Inc.’s In May, the company received a valuation of $5.6

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Regulation Millennials California Capital 123

PYMNTS

MARCH 12, 2020

Digital currencies, for their part, are seen as a property type and an asset when it comes to capital gains tax. Earlier this month, the French regulator said that it put forward the idea for a European “Digital Lab” regulatory sandbox letting local regulators put aside requirements that have to do with security settlements.

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Security Bitcoin Taxes United States 130

PYMNTS

JULY 2, 2020

DoorDash, the country’s largest deliverer of restaurant meals, could be valued as high as $15 billion following a likely infusion of capital from existing investors. regulators recently approved Amazon’s $575 million purchase of a 16 percent stake in Deliveroo, a London-based food delivery business that operates in both England and Australia.

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Arizona California Operations Capital 162

PYMNTS

DECEMBER 28, 2020

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Reuters quoted central bank Vice Gov. Any FinTech disruptor, when it becomes so big, represents systemic risk,” he told Webster.

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US Regulation Groups System 168

PYMNTS

NOVEMBER 5, 2020

The lowered forecast was the first one Apple reported since its 2007 launch in Cupertino, California, and shares fell 10 percent the next day, wiping out $74 billion in market value. The delay caused Apple's market capitalization to fall from $2.295 trillion on Sept. 1 to $1.862 trillion by Oct.

Apple 145

Apple California Regional Report 145

South State Correspondent

OCTOBER 26, 2023

As can be seen, the conference largely revolved around payments, artificial intelligence, fintech partnerships/management, regulation, and fraud/identity in its various forms. This bill of “personal financial data rights” is similar to the California Privacy Protection Act that is already in force for banks doing business in CA.

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Conference Las Vegas Fraud Case Study 221

PYMNTS

SEPTEMBER 27, 2017

According to a news report in The Wall Street Journal , the lawsuit, which was filed by the Irving Firemen’s Relief & Retirement Fund, contends that Uber’s ex-CEO, Travis Kalanick, knew he was misleading investors during capital-raising efforts by not informing them that Uber may have broken laws.

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Fraud Software California Capital 134

PYMNTS

AUGUST 27, 2020

CriticalPoint Capital, a Los Angeles merger and acquisition advisory and investment bank, will acquire the shoe website while the lingerie platform will be purchased by Delta Galil Industries, an Israeli manufacturer and marketer of branded and private label apparel products for men, women and children. operation in Culver City, California.

Los Angeles 144

Los Angeles Branding Arkansas Retail 144

PYMNTS

JUNE 6, 2018

Months after rolling out a crypto trading platform , Circle Internet Financial Ltd said it has had early talks with regulators about obtaining a banking license in the U.S. Revolut Chief Executive Officer Nikolay Storonsky said the startup could apply for a license in California by the end of 2018, Reuters reported. this summer.

US 100

US California United States New York 100

CFPB Monitor

SEPTEMBER 16, 2019

In less than a year, pre-dispute arbitration agreements will be clearly permissible again now that the Department of Education has finalized its proposal to rescind the Obama administration’s “Borrower Defense” rule issued in November 2016 and replace it with “Institutional Accountability Regulations.”

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Regulation Examples California Payments 60

PYMNTS

JUNE 17, 2019

Separately, at the state level, in California , a number of certified public accountants (CPAs) are calling for an industry watchdog to clarify the standards in place for cryptocurrency-related accounting. Regulations Abroad.

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cryptocurrency California United States Regulation 108

Independent Banker

JULY 31, 2022

Locality Bank, a digital-first community bank serving south Florida that opened in January, is run by industry veterans with such successful track records that regulators signed off on their application for a charter in less than a year. Katie Kuehner-Heber t is a writer in California. Location: Fort Lauderdale, Fla.

Florida 91

Florida Community Bank Community FDIC 91

PYMNTS

OCTOBER 31, 2018

The latest to secure venture capital is WAYV , a procurement platform designed for the legal cannabis industry. “As California moves to a regulated and licensed system, there is a long tail of retailers and brands in the industry that need to be connected,” said Craft Ventures Co-founder David Sacks in a statement.

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Retail Compliance blockchain Branding 122

PYMNTS

JUNE 24, 2020

In a recent announcement , the Singapore company revealed its BizPay solution, an online platform enabling businesses to use their existing commercial cards and converting their credit limit into working capital to pay suppliers. At the same time, Nium noted, the tool also reduces the fees associated with card payments for small businesses.

Cards 131

Cards Innovation Tools Capital 131

American Banker

JULY 24, 2020

Similar to a law passed two years ago in California, legislation headed to the New York governor’s desk would require fintech and other nonbank lenders to uniformly disclose total cost of capital, APR and other metrics to potential borrowers.

New York 68

New York California Capital Fintech 68

PYMNTS

OCTOBER 31, 2019

Last year, regulators in India told the company it suspected the messaging platform was being used to spread misinformation. and California laws as well as WhatsApp’s terms of service. “We The breach comes on the heels of a lawsuit filed by WhatsApp on Tuesday (Oct.

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San Francisco Groups California America 101

PYMNTS

APRIL 6, 2020

Shortly before the coronavirus pandemic became a national emergency, Verizon announced it was increasing its capital investment for this year by $500 million to accelerate its 5G efforts. But last week Nikkei Asian Review reported that Apple had held talks internally about delaying the 5G iPhone for months because of the COVID-19 pandemic.

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Apple Retail California Meeting 153

PYMNTS

MAY 18, 2018

Find out who raised the money, and other winners of this week’s B2B venture capital roundup, below. Endeavour Catalyst and Satya Capital also participated. California’s Plastiq provides small businesses with a commercial card solution to facilitate bill and expense payments. Small Business Banking. InsightSquared.

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Fintech blockchain Analytics Capital 134

PYMNTS

DECEMBER 20, 2017

Malibu, California-based Crypto calls itself “one of the first publicly traded technology companies” providing investors with “responsible access” to digital currencies and blockchain. Investors in cryptocurrencies should be aware that they run the risk of losing all their capital.”. The company has a valuation of $11.9

Bitcoin 101

Bitcoin Company cryptocurrency Regulation 101

PYMNTS

JUNE 16, 2020

Cybercriminals are capitalizing on COVID-19, and they are doing so in tandem with the news cycle,” he said during the virtual hearing. Cyberattacks against the financial industry have jumped by 238 percent in just the first five months of the year, VMware, Inc. Head of Cybersecurity Strategy Tom Kellermann said, testifying before a U.S.

US 227

US Cyber Security Security National 227

PYMNTS

OCTOBER 13, 2017

Arizona, California, Florida, New Jersey and Texas were the top states for foreign investors to purchase properties during the past year, according to the NAR’s recent analysis. The report found that for 37 percent of buyers from China – including Hong Kong and Taiwan – California was the top choice to buy property. properties.

California 171

California National New Jersey Report 171

CFPB Monitor

OCTOBER 25, 2019

Noah Breslow, Chairman and CEO, On Deck Capital. The panel will be moderated by Elena Babinecz, Managing Counsel in the Bureau’s Office of Regulations. Christensen, Associate Professor, Marriott School of Management, Brigham Young University. The second panel will include a discussion regarding the implementation of Section 1071.

Tampa 60

Tampa Lending California Community 60

PYMNTS

AUGUST 3, 2018

The announcement comes as news surfaced that Coinbase was acquiring securities dealer Keystone Capital , a California-based FINRA-registered broker-dealer, which will allow the firm to run an alternative trading system. Currently, Coinbase lets crypto enthusiasts trade in the larger and better-known crypto forms.

cryptocurrency 101

cryptocurrency Bitcoin California blockchain 101

CFPB Monitor

JULY 2, 2019

In April 2011, the CFPB issued guidance indicating that it would not enforce Section 1071 until it issued implementing regulations. Section 1071 amended the ECOA to require financial institutions to collect and maintain certain data in connection with credit applications made by women- or minority-owned businesses and small businesses.

California 60

California Resources Community Lending 60

South State Correspondent

OCTOBER 28, 2022

cyber, infrastructure, and regulation. Small Idea – Policy and Regulations are Lagging But Are Going in Banking’s Favor. We heard from various policymakers and regulators that policy and regulation are at least two years behind the times (some say ten) and that we will see more movement over the next 18 months.

Conference 195

Conference Technology Las Vegas Trends 195

Independent Banker

FEBRUARY 24, 2016

Regulators warn once again about rising CRE concentrations and risks. Risk-management practices “that cause concern,” the regulators wrote, include “a greater number of underwriting policy exceptions and insufficient monitoring of market conditions.”. We get a lot of attention” from regulators, he says. Smart for California.

Community Bank 70

Community Bank Lending Community Regulation 70

PYMNTS

MARCH 25, 2019

The backlash goes beyond rooms, apartments and houses to include instruments of transportation, which is among the latest areas of the digital economy to come under the scrutiny of politicians and regulators. And investors are still pouring capital into companies operating in the sector. Sharing Backlashes.

Los Angeles 135

Los Angeles Payments San Francisco Chicago 135

CFPB Monitor

MAY 22, 2019

The California Reinvestment Coalition has filed a lawsuit against the CFPB in a California federal district court seeking a declaration that the CFPB’s failure to issue regulations implementing Section 1071 of the Dodd-Frank Act violates the Administrative Procedure Act and requiring the CFPB to promptly issue such regulations.

CA 68

CA Regulation Community Resources 68

PYMNTS

AUGUST 10, 2018

Australia’s financial services industry is at a crossroads as regulators crack down on unfair practices, particularly against small businesses. California’s Stampli offers businesses an invoice management solution designed to make it easier for businesses to get paid. million in debt and equity financing.

America 100

America Capital New York Software 100

PYMNTS

AUGUST 4, 2017

and providers are eager to capitalize on the popularity. Also in expansion news, California-based credit card processor Square is continuing international efforts in the U.K., German restaurant POS system GASTROFIX, for one, recently received the funding it needed to fuel an international expansion.

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Report Mobile Trends System 133

Gonzobanker

DECEMBER 14, 2023

THE BANKER AWARDS The Bank Acquisition of the Year – goes to the unique PacWest and Banc of California deal. Anyone who follows the industry knows this focused institution led by Findlay is all about executing the timeless principles of capital management, credit quality, efficiency and customer service. Grab some popcorn and watch.

Fintech 195

Fintech Community Regional Technology 195

PYMNTS

JULY 24, 2018

In just one of the latest, a suit filed earlier this month in California has said the token was born to fund Ripple operations, and the token sales have had “all the traditional hallmarks” of securities – all except the registration as such. Ripple calls it an “independent digital asset.”

Security 101

Security California Bitcoin Taxes 101

Abrigo

MARCH 20, 2015

For the largest of American financial institutions – those that much of the public banks with for checking, mortgages and auto loans – stress testing regulations have been passed and executed to avoid a repeat of 2008. The ratio gauges a bank’s ability to cover its bad debts with its tangible equity capital.

Texas 150

Texas Regional California Community Bank 150

PYMNTS

APRIL 10, 2017

Amazon said many of the jobs will be in the company’s new fulfillment centers that are currently under construction in Texas, California, Florida, New Jersey and other states around the country. Japan Gives Bitcoin a Big Thumbs Up. After some setback in the U.S. at the hands of the SEC, bitcoin world was looking for some good news.

Bitcoin 108

Bitcoin Data ATM New Jersey 108

Abrigo

SEPTEMBER 5, 2023

Path to removal – Sometimes an exception is like the Hotel California – you can check out anytime you like, but you can never leave. Generally speaking (subject to Regulation B), business loans should be guaranteed by the principals of the borrower. It just stays on forever. A guarantee generally should be unlimited and continuing.

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Policies Lending Risk Management Examples 195