PYMNTS

MARCH 28, 2018

Bitcoin fell below the $8,000 level on Tuesday (March 27), CCN reported – and the cryptocurrency market as a whole could fall below a market cap of $300 million. In Massachusetts, a state regulator is seeking to stop several companies that appeared to be selling coins in initial coin offerings (ICOs), Reuters reported.

Bitcoin 116

Bitcoin Company Massachusetts cryptocurrency 116

PYMNTS

AUGUST 26, 2019

The Swiss Financial Market Supervisory Authority (FINMA) has granted the first “banking and securities licenses” to two blockchain companies: SEBA Crypto AG and Sygnum AG. states: Indiana, Massachusetts, Nevada, New Jersey, Rhode Island, Arizona and Montana. The exchange is already live in California, Washington and Illinois.

Rhode Island 109

Rhode Island blockchain Bitcoin Montana 109

PYMNTS

NOVEMBER 20, 2017

The new, DBRS-rated facility, provided by Credit Suisse, speaks to Kabbage’s maturity in the financial markets and gives us diverse funding options to serve our small business customers,” Kabbage Head of Capital Markets, Deepesh Jain, said in a statement. “To

Massachusetts 100

Massachusetts Lending Analysis Operations 100

PYMNTS

OCTOBER 17, 2018

On October 4, the Massachusetts Cannabis Control Commission (CCC) issued its final four recreational marijuana licenses to businesses, meaning legal marijuana will soon be available for purchase. Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana.

Colorado 126

Colorado Massachusetts US Industry 126

Jeff For Banks

FEBRUARY 19, 2024

Some criticize that this laissez faire attitude led to the stock market crash of 1929 and the subsequent Great Depression. And non-existent regulation likely played a role in the crash. The dramatic stock market crash was probably fueled by wild speculation because of the economic expansion that happened under Coolidge's watch.

Taxes 85

Taxes Massachusetts Survey United States 85

PYMNTS

APRIL 17, 2019

The funding also included participation from existing investors Synchrony, MassMutual Ventures, Massachusetts Mutual Life Insurance Company and Wellington Management. ” In addition, TransUnion will become Payfone’s main partner for regulated identity verification information.

Fraud 116

Fraud Massachusetts Maine Lending 116

PYMNTS

DECEMBER 24, 2020

Said Allaire of the bid to get digital currencies more front and center: “Regulators are getting their arms around them … the digital asset market is now moving, more and more, into the mainstream of finance, FinTech payments and banking world.”. And, of course, the crypto landscape extends well beyond bitcoin.

cryptocurrency 258

cryptocurrency Bitcoin Course Boston 258

PYMNTS

APRIL 25, 2016

and Massachusetts (Yucesoy v. that will see Uber pay up to $100 million in restitution to drivers in those states, but won’t require the company to recategorize and regulate its drivers as full-time employees. Uber CEO Travis Kalanick announced that the company had settled two court cases filed in California (O’Connor v.

Massachusetts 100

Massachusetts San Francisco California Austin 100

PYMNTS

NOVEMBER 26, 2019

As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately. This demand is driving the global expense management software market to reach $6.6 billion in value by 2025. million nonprofits in the U.S.

Tools 141

Tools Boston Cards Management 141

PYMNTS

FEBRUARY 24, 2017

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

Bitcoin St. Louis Las Vegas cryptocurrency 194

PYMNTS

JUNE 14, 2018

Tight regulations around the legal marijuana industry are barring non-wealthy entrepreneurs from entering the market, according to reports from Forbes on Wednesday (June 13).

Massachusetts 108

Massachusetts Industry Resources Operations 108

PYMNTS

DECEMBER 11, 2018

have much simpler goals than bringing to market an epoch-making innovation. Chef Rachel Miller in Lynn, Massachusetts wants to convert her Nightshade Pop-Up into a permanently located restaurant that specializes in noodle and Vietnamese- and Viet-Cajun-influenced foods. But not every entrepreneur in the world has a big idea.

Maine 151

Maine Massachusetts Capital Course 151

PYMNTS

NOVEMBER 15, 2019

But in May, authorities in Namibia called Karatbar a pyramid scheme, while last month, Florida’s financial regulator denied that the company had been issued a banking license. I hope everybody will join this platform,” he said in a video, according to The Guardian. And the U.S.

DC 100

DC social media Bitcoin cryptocurrency 100

PYMNTS

FEBRUARY 14, 2018

Until the market matures, cryptocurrency price manipulation is “unavoidable,” according to NEM President Lon Wong. “You see it in mainstream markets as well. Coinsource , the world’s largest bitcoin ATM network, has rolled out 10 new machines in Rhode Island, New Hampshire and Massachusetts.

Bitcoin 100

Bitcoin Rhode Island cryptocurrency New Hampshire 100

PYMNTS

JUNE 3, 2019

Facebook lost $33 billion out of its market cap and settled at $472 billion. Amazon lost around $35 billion off its market cap, which brought that number down to $839 billion. Alphabet stock lost around $47 billion from its own market cap, which dragged it down to $721 billion.

social media 109

social media Massachusetts Washington Google 109

CFPB Monitor

MAY 7, 2020

A Massachusetts federal district court has entered a temporary restraining order that blocks the state’s attorney general from enforcing the prohibitions on initiating lawsuits and making collection calls in the AG’s emergency debt collection regulation promulgated on March 26. Section 35.03 Section 35.04 Constitution.

Massachusetts 78

Massachusetts Regulation Groups Marketing 78

Abrigo

OCTOBER 29, 2014

Multifamily, commercial and automotive loans are driving loan growth among banks in the Northeast, but increasing risk will draw fresh attention from regulators to ensure recent and future growth is sound, the Office of the Comptroller of the Currency said recently. The OCC on Oct. The OCC on Oct.

Rhode Island 236

Rhode Island District of Columbia West Virginia New Jersey 236

CFPB Monitor

AUGUST 25, 2020

The FDIC’s rule purports to regulate activities of non-banks which are beyond the FDIC’s jurisdiction. The central allegations in the new complaint generally track those made in the lawsuit against the OCC.

FDIC 78

FDIC District of Columbia North Carolina Illinois 78

PYMNTS

JANUARY 28, 2019

As noted in this space by Karen Webster, the ban on the ban – where, now, in New York, surcharges are allowed when merchants post total prices for transactions – shows the inefficiencies of regulation that supersede card networks’ own rules governing merchant activities. population.

Cards 125

Cards New York Oklahoma Connecticut 125

CFPB Monitor

OCTOBER 10, 2019

Kabbage “in economic reality” markets, underwrites, prices, approves, funds, and collects upon 100% of the loans and bears 100% risk of loss. Celtic could not make and keep the loans on its balance sheet because they would create an unacceptable risk under FDIC regulations.

Massachusetts 84

Massachusetts California New York Utah 84

CFPB Monitor

SEPTEMBER 12, 2016

Members of Ballard Spahr’s Consumer Financial Services group recently participated in the American Bar Association Business Law Section Annual Meeting held in Boston, Massachusetts. Spagnuolo noted that annual reports submitted to regulators, such as the CFPB, may be subject to production under the Freedom of Information Act (FOIA).

Meeting 60

Meeting Regulation Massachusetts Boston 60

PYMNTS

SEPTEMBER 25, 2020

However, in PYMNTS’ own coverage, the twin external forces of market pressures and regulatory scrutiny are making financial institutions (FIs) retool and bolster their anti-money laundering (AML) efforts. Massachusetts-based accounts payable (AP) automation technology firm MineralTree Inc. Time on Tuesday (Sept. 22) at the earliest.

Maine 153

Maine social media Atlanta Massachusetts 153

PYMNTS

JULY 15, 2016

According to the CFPB, the telemarketing vendor Santander contracted with deceptively marketed the overdraft service to consumers and signed them up without getting their consent. We will put a stop to any such unlawful practices that harm consumers.”.

Rhode Island 100

Rhode Island Delaware New Hampshire New Jersey 100

PYMNTS

JUNE 27, 2019

For instance, for the small business, turning toward the community for investment not only means access to capital, but supports marketing and customer acquisition. “Being in Boston, Massachusetts, I’m much less likely to invest in a restaurant in Oklahoma if the same business was right next to me,” Mathews said.

Capital 145

Capital Community Oklahoma Maine 145

PYMNTS

JUNE 4, 2018

Also working in favor of car companies is the relative murkiness of the market for spare parts, which Reuters addressed in its June 3 report. Regulators, for instance, might end up taking a closer look at the use of pricing software in this sector.

Software 100

Software Massachusetts Boston Industry 100

CFPB Monitor

JANUARY 12, 2021

The Taskforce was charged with examining the existing legal and regulatory environment for consumers and financial services providers and making recommendations to the Bureau’s leadership for improving consumer financial laws and regulations. The report consists of two volumes. Bureau reorganization. enforcement, rulemaking and supervision).

Report 78

Report Regulation Policies Compliance 78

PYMNTS

DECEMBER 1, 2017

The New York AG isn’t the only regulator that’s taken an interest in this story. Uber is also under investigation by the attorneys general of New York, Missouri, Massachusetts, Connecticut and Illinois. Privacy regulators for the European Union said Wednesday (Nov. authorities seeking an explanation.

New York 144

New York Data Regulation Washington 144

PYMNTS

NOVEMBER 13, 2018

It is also observable on the micro-scale in the state of Massachusetts, where an attempt to get citizens to upgrade their drivers’ licenses to a verified “Real ID” by mid-2020 is generating very long lines and a lot of consumer friction in finding and producing the necessary documents.

Data 183

Data Course Massachusetts Security 183

Gonzobanker

DECEMBER 19, 2017

Heavy-handed regulators. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. One word can summarize this action-packed banking year, GonzoBankers – tiring.

Conference 91

Conference Industry Community Bank Community 91

South State Correspondent

MARCH 15, 2023

Many banks will park this liquidity in cash or short-term securities in an attempt to get ahead of higher required capital ratios that are likely forthcoming from regulators. Previously, if banks were able to borrow against these securities, it would be at 98% of the market value or less, depending on the investment type.

social media 195

social media FDIC Branding Management 195

Jeff For Banks

OCTOBER 19, 2012

First of all, if they continue to buy securities, they are removing many of the high quality securities from the marketplace, possibly causing a disruption or shortage in the markets. We may be skeptical, but the markets keep telling us: Don’t fight the Fed! I know I risk sounding like Charles Plosser, but so be it.

National 79

National Security US Massachusetts 79

Tech and Finance

JUNE 22, 2016

Entrepreneurs resolved to tackle financial services, and life insurance specifically, need to be prepared for a different way of doing things and for the challenges that come with highly regulated industries. If you are truly doing something new, regulation will be a challenge. Everything in life insurance is subject to regulation.

Policies 32

Policies Regulation Industry Data 32

PYMNTS

JANUARY 2, 2019

And how will regulators and lawmakers respond? Artificial intelligence — arguably one of the most important digital technologies going into 2019 — could soon face export regulations set by the U.S. David Edelman, a technology policy researcher at the Massachusetts Institute of Technology. “It How will they scale? AI Dual Use.

US 198

US United States Regulation Technology 198

PYMNTS

NOVEMBER 8, 2017

It’s heavily regulated, only customers of a certain age can buy it – and the sale of it is governed by a three-tiered system wherein producers can only sell to wholesalers, who can only sell to retailers, who are the only ones allowed to sell to consumers. Delivering booze is a tough business.

Retail 101

Retail Regulation Compliance Massachusetts 101

PYMNTS

SEPTEMBER 27, 2019

Speaking before Congressman Stephen Lynch of Massachusetts, senior member of the House Committee on Financial Services, and the rest of the committee, witnesses from the Fed and other areas of the payments community offered their support to FedNow — but not without caveats. George, was met with widespread support from her fellow witnesses.

Payments 174

Payments Kansas City Community Bank Community 174

PYMNTS

MARCH 31, 2017

If you were in the market for a credit card or looking to sell a house, this past week was a good one, as rewards points on the former, and prices for the latter were both up. states — $22 million to Massachusetts and $2.87 Santander Consumer USA Holdings, Inc. will pay nearly $25 million to two U.S.

Samsung 100

Samsung ATM Massachusetts Fraud 100

PYMNTS

OCTOBER 28, 2019

Economic nexus and market facilitator laws have pushed sellers to learn how individual states tax discrete product categories. The Massachusetts legislature has proposed a regulation that would obligate remote sellers above a certain sales volume to file, and Pennsylvania has already issued a similar demand.

South Dakota 105

South Dakota Taxes Retail Arizona 105