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Today In Payments: Facebook Calls Out Apple; DC AG Sues Instacart

PYMNTS

Plus, Klarna reported mixed results for the first half of 2020. DC AG Sues Instacart Over Fees Customers Thought Were Tips. Report: Walmart Joins Microsoft on TikTok Bid. operation in Culver City, California. Report: How ING Group Is Using AI to Fight Financial Crime. Facebook Calls Out Apple on Fees, Transparency.

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How Digital Security Could Decide The Presidency

PYMNTS

The recent email hacks surrounding Hillary Clinton’s presidential campaign and the Democratic party are heating up the presidential race and showing off some significant security flaws. This latest breach, which divulged emails from Rinehart’s Gmail to a website known as DC Leaks, used a well-known method called “phishing.”

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FinCEN and OCC address cryptocurrency: responsible innovation and pervasive hype

CFPB Monitor

On May 19, 2022, the Associate Director of the Enforcement and Compliance Division of the Financial Crimes Enforcement Network (“FinCEN”), Alessio Evangelista, spoke at the Chainalysis Links Conference in New York City on the topic of “The Intersection of Cryptocurrencies and National Security.”

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Cardtronics Posts 22 Percent Revenue Growth

PYMNTS

Cardtronics , the world’s largest ATM owner and operator, revealed that it has exceeded earnings expectations for the third quarter of 2017. The company, which is based out of Houston, TX and operates globally, had total revenues of $402 million in the quarter ending September 30, 2017 – a 22 percent increase from $328.3 million ($193.5

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Dodd/Frank-CFPB: Small Business Lending Data Collection Rule

Abrigo

securities credit. credit secured by certain investment properties. It included a new requirement to collect and report to the CFPB small business lending data regarding applications for credit for women-owned, minority-owned, and small businesses. Many lenders have something in place to handle that reporting, Epling said.

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Five Ways QSRs Are Encouraging Diners To Skip Lines And Order Ahead

PYMNTS

Reward points and discounts aren’t the only tool in the QSR playbook: The tracker found that many companies in the industry are looking to increase the convenience and security of their mobile-order ahead services. The total number of WeWork locations to offer sweetgreen mobile order pickup is reported to be 50.

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Philadelphia Mall Owner Takes Care Of Its Own

PYMNTS

The experience of the mall CMBS [commercial mortgage-backed security] from Starwood is certainly symptomatic of the larger narrative,” said Christopher Sullivan, chief investment officer of United Nations Federal Credit Union, as reported in Yahoo! PREIT has had to absorb some of the same losses as its colleagues.