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Big Tech Compliance Tracker: Tencent Says Big Tech Needs Greater Oversight; Group Seeks To Block Maryland Online Ad Tax

PYMNTS

Group Seeks to Block Maryland Online Advertising Tax. Marylanders for Tax Fairness is preparing for a battle in January over the state’s attempt to make a digital advertising tax, the Baltimore Sun reported. Maryland legislators ratified the tax earlier in 2020, but Gov. Larry Hogan vetoed the levy. Larry Hogan vetoed the levy.

Maryland 151
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Where Credit Unions Invest To Get The Best ROI

PYMNTS

Credit unions (CUs) rely on their members’ loyalty to compete in a saturated financial services market. In many cases, it also requires partnering with emerging FinTechs that are able to quickly deliver the innovations members want most. Auto lending is also getting an upgrade in the CU market.

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How to navigate payments trends

Independent Banker

A barrage of new payments potential has shaped the market since the start of the pandemic. The financial services industry is acting on this digital demand, incorporating fintech solutions, instant payments offerings and crypto banking products. Colleen Morrison is a writer in Maryland. By Colleen Morrison. Faster payments.

Trends 91
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Bitcoin Tracker: Up, Up And Away?

PYMNTS

The bitcoin market cap was over $18.5 Louis, Missouri, the company’s first foray into the Midwestern market. Locations on the radar for new Coinsource ATMs in 2017, according to Sharp, included in Maryland, Massachusetts, Washington, D.C., On Thursday (Feb. percent over Wednesday’s close. Founded in Feb.

Bitcoin 194
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Super apps: The rise of an all-in-one platform

Independent Banker

In addition, community banks need to evaluate their partnerships with fintechs and other third parties. Partnering with fintechs and new entrants can offer useful means to bring new products to market, but community banks should recognize that these new technologies may introduce new risks to consumers,” says a CFPB spokesperson.

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5 payments trends you should know about

Independent Banker

CB Insights revealed that Q3 2022 fintech investments in payments continue to dominate financial services, with early-stage deals reaching a record high even as overall funding begins to cool. We’ve got capital market resets that are potentially happening, technology advancements and continued heightened digital expectations.

Trends 140
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California Dept. of Business Oversight launches “true lender” investigation of auto title lender’s partnership with Utah bank

CFPB Monitor

Thereafter, “using its existing lending operations and personnel, LoanMart commenced ‘marketing’ and ‘servicing’ auto title loans purportedly made by CCBank, a small Utah-chartered bank operating out of Provo, Utah.” The DOB indicated that such loans have interest rates greater than 90 percent.

Utah 78