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Curiouser and Curiouser – Colorado Opt-Out Legislation, As Amended, Moves Forward, With a Carve-Out for Certain General Purpose Credit Cards

CFPB Monitor

A Colorado bill (HB23-1229) that would opt out of Section 521 of the Depository Institutions Deregulation and Monetary Control Act of 1980 (DIDA) (codified at 12 U.S.C.

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First National Bank Of Omaha Shutters NRA Visa Card

PYMNTS

First National Bank of Omaha announced that it is not renewing a contract with the National Rifle Association (NRA) to offer customers an NRA-branded Visa card. First National Bank of Omaha offered two NRA cards with a $40 bonus and promoted it as “enough to reimburse your one-year NRA membership!”

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Wells Fargo To Settle Navajo Nation Lawsuit For $6.5M

PYMNTS

The Navajo Nation announced that it has settled its lawsuit against Wells Fargo & Co for $6.5 The Navajo Nation sued Wells Fargo in federal and tribal courts in 2017, claiming it targeted tribal members with “predatory sales tactics.” shareholder derivative lawsuit.

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CardX CEO: Ban On Card Surcharge Ban May Lead to Lower Interchange Fees

PYMNTS

Will the ban on the credit card surcharge automatically lead to significantly higher prices when consumers opt for the plastic (via card or digital wallets) at the pump, at the counter … or pretty much anywhere? In New York this month, credit card surcharges got the okay. Maybe, maybe not. As Webster recounted Monday (Jan.

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Identity As A Service To The Rescue

PYMNTS

Card issuers are fielding new technologies and utilizing next-gen identity verification technology to expose the fakers and make social media — and the wider digital domain — safe for kitten vids and funny memes again. federal government doesn’t issue a national identity card, so a number of states have taken it upon themselves.

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Deep Dive: Digital ID Developments From Around The World

PYMNTS

A wide range of biometric solutions are being used to develop national identification systems around the world. The following Deep Dive examines the potential use cases for biometrics in national identification systems and the security pitfalls they could encounter. . Colorado, Idaho, Maryland, Wyoming and Washington, D.C.,

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Deep Dive: Digital Driver’s Licenses Hit The Road

PYMNTS

Digitized national identities are becoming popular around the world, with countries such as Australia, Estonia and Sierra Leone working to provide them. Traditional plastic cards are easier to steal or misplace, and whoever takes or finds them gains unfettered access to personal information. DDLs’ Extensive Benefits.

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