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What Is Not Considered a TRACE-Eligible Security and What Should Not Be Reported

Perficient

A TRACE-eligible security does not include a debt security that is issued by a foreign, sovereign government or a money market instrument. A money market instrument is, other than a U.S. Transfers of securities made pursuant to an asset purchase agreement (APA) that is subject to a hearing in a bankruptcy court.

Security 474
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EWS readies Paze to help banks take on digital wallet market

Payments Dive

Even with the backing of the nation’s largest banks, the platform, set for a June launch, will have adoption and security hurdles to overcome to grab a slice of the digital wallet market, industry experts say.

Marketing 312
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How To Do Better Against National Bank Lending Competition

South State Correspondent

Understanding the competitive banking landscape helps community banks set proper pricing, respond to rival marketing, and compete more effectively. Many existing community bank customers and prospects are also national bank customers. The largest 100 banks dominate the industry with almost 75% of the market share.

National 195
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City National Bank, Extend Team On Virtual Corporate Cards

PYMNTS

City National Bank has enlisted New York City FinTech Extend to enable the bank’s clients to offer virtual corporate cards to employees, vendors and other business partners, the companies announced in a press release. With Extend, City National is the first issuer in the U.S. Replacing them is much easier than replacing plastic cards.

National 172
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DOJ Reportedly Readies To Take Action Against Live Nation

PYMNTS

With claims that the company aimed to coerce music venues into using its Ticketmaster subsidiary, the Justice Department is reportedly gearing up to take legal action against Live Nation Entertainment, Inc. The merger between Ticketmaster and Live Nation brought together two of the music industry’s most formidable forces.

National 130
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DOJ Claims Live Nation Violated Terms Of Ticketmaster Merger

PYMNTS

With claims that the company aimed to coerce music venues into using its Ticketmaster subsidiary, the Justice Department is reportedly gearing up to take legal action against Live Nation Entertainment, Inc. The merger between Ticketmaster and Live Nation brought together two of the music industry’s most formidable forces.

National 130
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Live Nation Settles With DOJ Over Ticketmaster Antitrust Violation

PYMNTS

Live Nation Entertainment reached a deal with the government, resolving concerns that the company had violated a 2010 antitrust settlement. The agreement — which was set to expire in 2020 — bars Live Nation from forcing venues to use Ticketmaster when they want to book tours, as well as retaliating when a venue uses another ticketing service.

National 130