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D.C. Department of Insurance, Securities and Banking issues bulletin on money transmission

CFPB Monitor

On August 8, 2022, the District of Columbia Department of Insurance, Securities and Banking (the Department”) issued a Bulletin on money transmission (the “Bulletin”). District Court for the District of Columbia in United States v. Such entities require a money transmitter license to operate in the District.”

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The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

The decision opened the floodgates to legalized sports betting – both in-person and online – in the U.S. Since 2018, when sports betting was only legal in the state of Nevada, 19 additional states and the District of Columbia have legalized the practice, either already allowing bets to be placed or are on the way to doing so.

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Southern Glazer’s Rolls Out Business-To-Customer Digital Team

PYMNTS

The team will be tasked with offering programming and promotions, “operational excellence,” category analysis, online content and performance management in eCommerce throughout channels and with digital merchants and beverage alcohol delivery platforms. states in addition to the District of Columbia and Canada.

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

PYMNTS

alleges that Apple demanded it remove a message in its app that told customers about the computer giant’s 30 percent cut of online sales for its new events feature. The attorney general for the District of Columbia alleged in a lawsuit filed on Thursday (Aug. operation in Culver City, California. Facebook Inc.

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DOJ, State AGs Could Combine Google Investigations

PYMNTS

The probe is centered on whether Google’s monopoly of the online search world – and the ensuing advertising revenue it commands – represent an illegal form of market control. states, the District of Columbia and Puerto Rico formally launched an investigation into Google. Thus far, U.S. Thus far, U.S.

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State Bank Regs File Suit To Block OCC’s Bank Charter

PYMNTS

District Court for the District of Columbia after reports in The Wall Street Journal last month revealed the CSBS’ plans for such a suit. ” The bank charters would allow FinTechs to operate on a national level rather than having to obtain state-level licenses one by one. . Reports in Reuters on Thursday (Oct.

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Discount Retailers Move Away From eCommerce

PYMNTS

And both of them are turning away from online sales. The first of the two stories came from Burlington , which announced on its last earnings call that it will stop selling its off-priced goods online. On the retailer’s website is a store locator and not much else – it doesn’t sell online. That’s right – no eCommerce.

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