PYMNTS

DECEMBER 9, 2020

The letter that was sent to the delivery company on Tuesday (Dec. 8) said a commission would contravene the district’s code that puts a 15 percent maximum on commissions for third-party food delivery companies. Multiple states have put caps on the fees that apps and platforms can charge on eateries.

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PYMNTS

DECEMBER 9, 2020

The food delivery company trades under the ticker symbol of “DASH.”. The company’s IPO commences a busy time for companies to hit the markets, with Airbnb scheduled to go public on Thursday (Dec. DoorDash soared on its first day of trading on the New York Stock Exchange Wednesday (Dec.

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PYMNTS

NOVEMBER 26, 2020

With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. Earlier this month, China debuted drafts for new rules for eCommerce companies, with the goal of trying to cut down on monopolistic power, PYMNTS reported.

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PYMNTS

JANUARY 19, 2021

In today’s top news, LendingClub gets approval to acquire Radius Bancorp, and GDPR fines have escalated as European regulators step up enforcement. financial health officer at LendingClub, tells Karen Webster that the combined company will create the first U.S. Plaid To Focus On Growing European Market. Anuj Nayar, VP, U.S.

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PYMNTS

JUNE 1, 2017

Small businesses can benefit big if they’re insured by a company that partners with Valen. CEO Dax Craig said his proudest moment since founding Valen has been hearing from clients after his company was acquired by the insurance technology firm, Insurity. “As DC: There is significant crossover between FinTech and InsurTech.

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PYMNTS

DECEMBER 9, 2020

And yet the challenges that face the delivery companies and their platforms remain the same, remain real, and are mounting. And the district’s attorney general has sent a cease-and-desist letter that ordered the company not to charge rates that exceed the cap. And herein lies a conundrum for the platform companies.

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PYMNTS

NOVEMBER 15, 2019

German cryptocurrency company Karatbars has been ordered to stop doing business after being accused of running a pyramid scheme. But in May, authorities in Namibia called Karatbar a pyramid scheme, while last month, Florida’s financial regulator denied that the company had been issued a banking license.

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