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DC Bar: Lawyers Allowed To Take Digital Currency As Payment

PYMNTS

lawyers will be allowed to accept cryptocurrency as payment, according to an opinion by the District of Columbia Bar. Because of that, the Bar finds this kind of agreement more like using property than a fiat currency for payment. Washington D.C.

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Today In Payments: LendingClub Gets OK To Acquire Radius Bancorp; GDPR Penalties Escalate As EU Officials Crack Down

PYMNTS

Plaid To Focus On Growing European Market. Plaid is focusing on European growth because of the high demand it sees there for payments services. government is looking to crack down on companies that take too long to pay suppliers by strengthening the Prompt Payment Code. UK To Require Companies To Pay Small Businesses In 30 Days.

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DoorDash IPO Soars; Commission Caps Make Early News

PYMNTS

In one market — Chicago — that has seen caps put in place, DoorDash has added a $1.50 “Chicago fee,” as reported by the Chicago Sun Times. The City Paper notes that restaurants pay extra to participate in DashPass “because it gives them greater visibility to these committed customers.”. Adding Some Fees .

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Data Enablers: Valen Makes Insurance Human Again

PYMNTS

PYMNTS: How does your business overlap with the payment processing or eMerchant world? DC: There is significant crossover between FinTech and InsurTech. DC: We set out to create a culture that stood behind its promises and put the customer first. We’re allowing insurers to take the same approach. How did the company overcome?

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Stitch Fix, Apparel Subscriptions Adapt To Work-From-Home World

PYMNTS

As part of that maturing process, the various players in the segment have continuously had to adapt to changing tastes, market forces and competition, as well as unforeseen disruptions like the coronavirus. Right now, the model of trying on and buying personalized selections of clothing at home is more relevant than ever,” Lake noted.

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Cardtronics Posts 22 Percent Revenue Growth

PYMNTS

In a press release , Cardtronics stated that the boost was driven by the DirectCash Payments and Spark ATM Systems acquisitions completed at the beginning of the year. The first is the unique, increasingly global ‘neighborhood ATM’ platform, delivering a critical service in payments: convenient access to cash. million. .

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Continuous Financial Education for Women Small Business Owners

FICO

In June, I had the pleasure of participating in a panel discussing credit access and financial education for women small business owners at the National Association of Women Business Owners ( NAWBO ) Advocacy Day events in DC. There is a main asset that entrepreneurs use to start up their business and qualify for a small business loan.