Zuckerberg Visits DC To Talk Tech Laws With Senators  

PYMNTS

Facebook CEO Mark Zuckerberg had dinner with several senators in Washington D.C. Facebook Big Tech Capitol Hill laws News privacy regulations Senators washington D.C.

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Facebook Negotiates Sandberg DC Hearing Testimony

PYMNTS

The news comes as Mark Zuckerberg , Facebook’s chief executive officer, concluded three days of discussions this month with movers and shakers in Washington, D.C.

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DC AG Is Suing DoorDash Over Tipping

PYMNTS

Washington, D.C. Attorney General Karl Racine is suing popular delivery company DoorDash, saying the company didn’t adequately distribute tips nor did it retroactively pay back those tips when its practices were changed, according to a report by TechCrunch. .

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Facebook Chief Spends Third Day In DC Meeting Lawmakers

PYMNTS

Facebook CEO Mark Zuckerberg spent a third day in Washington, D.C. meeting with lawmakers, according to a report by Bloomberg.

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Solar-Powered eScooters Coming To DC

PYMNTS

Spin and Swiftmile are launching a pilot program in Washington, D.C. Benjamin Fong, Spin’s director of business development, revealed that 40 solar-powered docking stations, built by Swiftmile, will be placed in Washington, D.C. cities (and campuses), including Washington, D.C.,

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NAC visits DC lawmakers in effort to keep cash alive

ATM Marketplace

The National ATM Council has wrapped up its third annual Washington D.C. fly in. The two-day lobbying event included nearly 60 meetings with lawmakers and their staff

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Amazon Opens Bookstore In DC

PYMNTS

Betting that its popularity with shoppers online will translate into brick-and-mortar customers in Washington, D.C., The opening is the eCommerce retailer’s first bookstore in the Washington, D.C., 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.

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DC Attorney General Sues Facebook Over Data Collection

PYMNTS

Prosecutors in Washington, DC, are suing Facebook over stolen user data related to the Cambridge Analytica scandal, according to reports. The DC attorney general’s (AG) office announced the lawsuit on Wednesday (Dec.

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Amazon Toured Sites In Washington, DC, Area Last Week

PYMNTS

Washington, D.C., According to news from The Washington Post , Amazon officials toured locations in Washington, D.C., The report noted there are nine or more sites in the D.C. Meanwhile, D.C. Bowser (D) dined with Amazon representatives on Wednesday night, proposing four, fast-growing neighborhoods in Washington, D.C. Amazon e-commerce employment headquarters Merchant Innovation News Retail washington dc What's Hot

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Zuckerberg To Visit DC To Discuss Internet Regulations

PYMNTS

Facebook CEO Mark Zuckerberg is set to testify on Capitol Hill once again. Zuckerberg is scheduled “to meet with policymakers and talk about future internet regulation” on Thursday (Sept. A spokesperson for Sen.

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Wells Fargo to commit $1.6B in D.C. for neighborhood investment

BankThink

Corporate philanthropy Non-profits CRA Wells Fargo Washington DCThrough the "Where We Live" program, the bank will direct philanthropic giving to two wards in the nation's capital and provide financing for affordable housing.

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Andreessen Horowitz Fights Back Against DC’s Crypto Curbs

PYMNTS

Venture capital firm Andreessen Horowitz is attempting to fight back against Washington’s tougher stance on cryptocurrencies. As the firm aims to boost its crypto investments, it hosted officials from the Treasury Department, as well as a number of Washington’s regulatory agencies, at a full-day, private conference in San Francisco in late May, according to The Wall Street Journal.

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Facebook Shares Fall 7.3 Pct Post-DC Lawsuit

PYMNTS

As for the lawsuit, Facebook could potentially be facing a maximum penalty of $5,000 per alleged violation, and prosecutors said 852 people in Washington, D.C.

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Head of D.C. de novo group disputes former insider's claims

BankThink

Community banking De novo banks Capital Growth strategies Corporate governance FDIC Washington DCTekalign Gedamu, who would chair Marathon International Bank, says that Zekarias Tamrat is bad-mouthing the de novo effort following his dismissal and a subsequent payment disagreement. Tamrat was slated to be the bank's president.

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Walmart Pay Launches In 16 States, DC

PYMNTS

As of today, Walmart Pay is available in: Virginia, North Carolina, South Carolina, Nebraska, North Dakota, South Dakota, Iowa, Tennessee, Kentucky, Michigan, Indiana, Alabama, Georgia, Louisiana, Missouri, Mississippi and Washington, D.C. “We The retail giant’s payment method is finally here.

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WesBanco joins parade of W.Va. banks into D.C. area

BankThink

A company that operates mostly in rural markets is finally making a push into the thriving mid-Atlantic markets of Washington and Baltimore with its deal for Old Line Bancshares. Community banking M&A Growth strategies Maryland West Virginia Virginia

Would-be president of D.C. de novo quits after board dispute

BankThink

Community banking De novo banks Capital Corporate governance FDIC Washington DCZekarias Tamrat blamed the proposed Marathon International Bank's chairman and directors for delays in getting its application approved.

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CECL stirs D.C. concerns

ABA Community Banking

Regulators concerned about banks hiring third-party vendors to handle it Management Lines of Business Risk Management Credit Risk. 1Risk Management

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D.C. impacts credit picture

ABA Community Banking

Political gridlock weighing on U.S. bank loan growth Management Financial Trends Risk Management Credit Risk. 1Risk Management

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Smart Card Alliance opens Washington, DC-area training center

Mobile Payments Today

The National Center for Advanced Payments and Identity Security in Crystal City, Virginia, will be a permanent facility for live educational activities hosted by SCA

Three Things To Know Before You Head To DC

New York's State of Mind

Washington DC is the adult version of Disney Land. There are those of us who love the place and return year after year; there are those of you who visit the place, can’t stand it and vow never to return again and finally there are those of you who go simply out of a sense […]. Regulatory Advocacy Legal Watch Political New York State CFPB Kathy Kraninger Congressional Delegation Ocasio-Cortez car dealerships New Jerseuy

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Fintech doesn’t need D.C.'s help

BankThink

If the new White House engages in the same process of listening to and researching the fintech industry that President Obama initiated eight years ago, startups should just take a pass. Fintech Trump administration Disruptors Lobbying

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National Capital Bank in D.C. Appoints New Chief

American Banker

breaking_news people recruitment dc community-bankingNational Capital Bank of Washington has a named Richard Anderson its new president and chief executive.

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Ripple seeks shelter in D.C. from Libra’s political storm

Payments Source

Ripple isn't a part of Facebook's Libra. It's more likely to be a rival, and it must be careful to make sure that lawmakers see the distinction. Compliance Cryptocurrencies Blockchain Ripple

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Enough with D.C.'s Mixed Messaging on Fintech

American Banker

Mixed messaging on fin tech doesn't just emanate from the halls of Congress. It can also be found at the regulatory level as well. marketplace-lending law-regulation disruptors fintech mobile occ cyber-security bank-technology

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Washington, D.C. Releases Annual Report Forms and Filing Deadlines

CFPB Monitor

As recently reported , the Washington, D.C. Department of Insurance, Securities, and Banking (DISB) published a Bulletin in late April reminding those who service student education loans in the District of Columbia of their obligation to file an annual report.

Retailers Head To DC To Uphold Swipe Fee Reform

PYMNTS

along with the National Retail Federation (NRF), made a trip to D.C. As Congress moved to hold a hearing on legislation that would repeal the debit card swipe fee reform, retailers from across the U.S., to ask lawmakers to reconsider. The fee caps were issued in response to a price-fixing practice by the card industry. Fees to process transactions previously averaged between 1 and 2 percent of the purchase amount.

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JPM, Citi beat estimates; Wells Fargo targets D.C.

BankThink

JPMorgan and Citibank post better-than-expected results; Adding workers and promoting its charitable efforts, the bank hopes to win favor. Morning scan Earnings Mortgages JPMorgan Chase Wells Fargo Citigroup Square

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Big banks plead for capital relief. D.C. is listening

BankThink

The administration and regulators are considering exempting certain asset classes from the leverage ratio, but opponents say going down that road is a mistake. Capital requirements Minimum capital requirements Thomas Hoenig Aaron Klein Federal Reserve FDIC OCC Treasury Department

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Why D.C.’s Policy Pronouncements are the Key to Economic Growth

New York's State of Mind

Good morning folks, I hope everyone had a nice weekend. I have spent a good chunk of it pulling the remaining hairs out of my head. Whether you agree or disagree with his decisions, the reality is that I can think of no period in my lifetime where the actions of the President have had […]. Economy Trump interest rate tariffs

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Enough with D.C.'s Mixed Messaging on Fintech

BankThink

Mixed messaging on fin tech doesn't just emanate from the halls of Congress. It can also be found at the regulatory level as well. bank-technology

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Three Things You Need to Know about What’s Going on in D.C.

New York's State of Mind

Yours truly overslept a little this morning, but having just visited the nation’s capital with a hearty group of New Yorkers, I wanted to get out some thoughts to you on what’s going on at the federal level while it is fresh in my mind. First, the most practical news you need to know is […]. General Congress data security marijuana related business SAFE Act

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Credit Unions in the D.C. Lion’s Den

New York's State of Mind

I am in D.C. this week and this town feels very strange. In fact, it’s kind of a cross between a jilted lover blindsided by a breakup he didn’t see coming and a Harry Potter novel in which Voldemort succeeded in killing Harry and taking over Hogwarts. You walk onto K Street and still see […]. Advocacy General Political mandate relief

DC 48

D.C. was up in arms over Equifax breach — what happened?

BankThink

Following news of the breach, congressional hearings for the company’s ex-CEO and other blowback were accompanied by legislative calls to action. But a year later, did policymakers do anything? Credit reporting Data security Regulatory reform Data breaches Elizabeth Warren Mark Warner Equifax Senate Banking Committee CFPB

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D.C. gridlock suppressing demand for business loans: Bank CEOs

BankThink

Flush with cash, many commercial firms are also opting to pay down debt rather than take on new loans and those seeking financing and aren’t always turning to banks to meet their needs. Commercial lending Commercial real estate lending Capital markets Policymaking Andy Cecere William Demchak Kelly King Fifth Third Bancorp Regions Bank U.S. Bank PNC Financial Services Group Comerica Bank BB&T KeyCorp First Republic Citizens Bank

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Video: FICO World Kicks Off in Washington, DC

FICO

900 risk managers, fraud managers, marketers, debt managers, IT strategists, analytic scientists and other business professionals from 45 countries are in Washington, DC to take part in FICO World 2016, a four-day conference on analytics and decision management.

Capital One wins naming rights for D.C. arena

BankThink

The venue currently called the Verizon Center will be renamed the Capital One Arena immediately, according to its owner. The arena houses the NBA's Washington Wizards, the NHL's Capitals and the WNBA's Mystics. Marketing Consumer banking Commercial banking Capital One Barclays JPMorgan Chase Verizon

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How will innovation fare in D.C.?

ABA Community Banking

Congressional attitudes as important as new administration’s, say experienced Hill aides Management Financial Trends Technology Fintech. 1Technology

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First stop on JPMorgan’s planned branch expansion? Washington D.C.

BankThink

During an appearance on the CBS Evenings News Wednesday evening, Dimon unveiled new details about the first leg of the New York company's recently announced, multi-city branch expansion. Branch network Consumer banking Small business Jamie Dimon JPMorgan Chase

D.C. needs to keep up with the payments tech wave

Payments Source

The question for lawmakers is how to work together to make sure as many people as possible are able to take advantage of the opportunities provided by innovation, writes Brian Tate, president and CEO of the Innovative Payments Association. ISO and agent Regulatory actions and programs Digital payments Mobile payments

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D.C. misses the point about overdraft: It helps consumers

BankThink

Legislation and regulatory policy that takes a heavy-handed view of overdraft protection could remove a safe and convenient option for consumers managing their finances. Policymaking Overdrafts Checking Debit cards CFPB

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PayPal exit from Facebook project shows power of D.C.’s disapproval

Payments Source

The payments company’s departure from the association leading Facebook’s Libra cryptocurrency plan is the clearest sign that skeptical policymakers are the plan's biggest obstacle.

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Virginia to open first new bank since financial crisis

BankThink

Community banking De novo institutions Capital Virginia Washington DCTrustar Bank is set to debut in northern Virginia in July.