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National Restaurant Association Framework Aims To Close Gap Between Restaurants And Aggregators

PYMNTS

16), the National Restaurant Association offered up seven public policy tenets that – in collaboration with delivery aggregators – are being billed as a “framework” for the delivery industry. That roster includes Washington State, New Jersey, Chicago and New York City. With data sharing, to boot.

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Sprint And T-Mobile Merger, Spend Management And State Tax Top This Week’s News

PYMNTS

It’s the end of a short holiday workweek, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments and commerce news. We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. .

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Big Tech Compliance Tracker: Facebook Backs Data Portability Law, Amazon Considers Registering Services As Separate Entities In India

PYMNTS

The services are not currently registered as distinct entities, although they are provided to users in the nation. The news comes as a new Indian equalization measure came into existence in 2020 that puts a 2 percent tax on every digital transaction that foreign online shopping firms conduct.

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Buying into AML risks in real estate

Abrigo

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. The real estate market is enticing to more than just new homeowners or investors. Real estate market AML risks Real estate is a proven, traditional, and well-established marketplace.

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Bitcoin Daily: France Votes To Include Crypto In Insurance Contracts; VC Draper Could Team With Facebook For Crypto Venture

PYMNTS

The National Assembly of France has voted to allow local insurance companies to include cryptocurrencies in life insurance contracts. The life insurance market in France makes up 40 percent of financial assets among local households. In fact, residents use the products for their investment and retirement savings for the tax benefits.

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CRE risk management: Navigating hazards and opportunities

Abrigo

Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether. But understanding trends in their own portfolios and local markets can allow lenders to identify risk-appropriate CRE credits. They’re not your hometown.

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Widening Borrower Protection’s Scope To SMBs

PYMNTS

But according to Pat MacKrell, president and CEO of New York-based small business lending firm Pursuit , the online alternative lending market has gotten good at hiding the true cost of financing from SMBs. At the state level, New York Governor Andrew Cuomo signed legislation in August to curb the use of confessions of judgment.

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