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Top News In Payments: The Fed Takes A Closer Look At Big Tech; Goldman CEO Denies Apple Card Credit Bias Claims

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Goldman CEO Denies Claims Of Apple Card Credit Biases. Richard Ashton, deputy general counsel for litigation, enforcement and system matters, said at a conference that the Federal Reserve is mulling an audit of the governance structures and compliance policies of tech firms. South Dakota Decision. Wayfair case.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

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This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. Online lending .

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Wells Fargo’s Q2 Disappoints After Scandals

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Second-quarter net income was impacted by a $481 million one-time expense resulting from a key Supreme Court decision related to online sales, South Dakota v. However, we have to do manage our other risks, such as compliance and operational risk.” Revenue fell to $21.6 billion for the quarter, compared with $22.2