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DoorDash Ordered To Cut DashPass Commissions By DC Attorney General

PYMNTS

to stop charging eateries a 30 percent fee on each order through the delivery company’s DashPass subscription offering, Reuters reported, citing an unnamed source. News of the reported letter comes on the heels of DoorDash reaching a $2.5 The letter that was sent to the delivery company on Tuesday (Dec. billion valuation.

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U.S. Regulators to Bank Boards: “Debt is Good”

Perficient

The proposed eligible LTD requirement was calibrated primarily on the basis of what the proposed regulation refers to as a “capital refill” framework. In terms of risk-weighted assets, a covered entity’s common equity Tier 1 Capital level is subject to a minimum requirement of 4.5

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Amazon Opens Bookstore In DC

PYMNTS

Amazon opens an Amazon Books location in the nation’s capital. The store occupies a space that formally housed a Barnes & Noble store in Georgetown, The Washington Post reported. Betting that its popularity with shoppers online will translate into brick-and-mortar customers in Washington, D.C.,

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The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Using CB Insights data, we analyzed the most active venture capital firm in each state, based on unique tech investments from 2014 to 2019 YTD (1/24/19). 2018 VC Report: global funding surges 21% compared to 2017. Download the CB Insights and PwC MoneyTree Report to see all the data. Merus Capital. BIP Capital.

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DoorDash Shares Surge Over 85 Pct On First Trading Day

PYMNTS

DoorDash said more than 390,000 businesses harness the app, according to a published report that cited the firm’s prospectus. While DashPass is a premium marketing offering and provides benefits to many restaurants, we have decided to not charge DC restaurants their contractual DashPass rate at this time.

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China's Financial Industry Firms Redo Plans, Funding In Wake Of More Oversight

PYMNTS

With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. And those lending in multiple provinces would have to have 5 billion yuan in registered capital at a minimum.

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ID Experts Light Up Portland

PYMNTS

Early in August, The Oregonian reported that a private equity firm had paid more than $50 million to acquire Tigard-based ID Experts, a cybersecurity firm founded in 2003. In 2014, ID Experts reported $22.8 The new owners of ID Experts are Peloton Equity and Trident Capital. A lot has been happening for a firm called ID Experts.

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