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Bitcoin Daily: US National Banks To Hold Reserve Currencies For Stablecoins; Stripe To Pay Massachusetts $120K In PlexCoin ICO Role

PYMNTS

The Office of the Comptroller of the Currency (OCC) released a letter that explained the authority of federal savings associations and national banks to keep “reserves” for clients who are issuers of stablecoins in some cases, according to a Monday (Sept. dollar or a currency from another nation. 21) press release.

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Massachusetts AG emergency regulation prohibits certain collection activity by both creditors and debt collectors

CFPB Monitor

On March 27, 2020, the Massachusetts Attorney General filed an emergency regulation interpreting the Massachusetts Consumer Protection Act, M.G.L. Indeed, the National Consumer Law Center has interpreted the restrictions this way. Hopefully, we will have more clarity early next week for everyone.

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Millbury National Bank Offers Kasasa Cash and Saver in the Northeast

BankDeals

Millbury National Bank's Kasasa Cash and Kasasa Saver are available in Connecticut, Maine, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont.

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Massachusetts Homeowners Insurance: Averages Rates for Proper Coverage

MyBankTracker

Homeowners insurance in Massachusetts can provide financial relief after disasters like major storms, a fire, theft, vandalism, and other perils. But while homeowners insurance in Massachusetts protects you, it doesn’t cover everything. How Much Is Homeowners Insurance in Massachusetts? But this isn’t recommended.

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Gas Payment Solution PayByCar Launches In Massachusetts

PYMNTS

A first-in-the-nation payment solution that allows drivers to purchase gas from their cars without taking out cash, a credit card or a mobile app has launched in Westborough, MA. Those with E-ZPass can register for PayByCar to easily pay for their gas at the Route 9 Alltown Mobil via their E-ZPass transponders and payment methods on file.

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People moves: Numerated, Tech Nation and more

Bobsguide

Massachusetts-based financial service technology firm Numerated announced in January the appointment of Duncan Perry to the role of chief financial officer. Numerated appoints a new CFO. Commenting on his appointment Perry said: “The banking industry is at a precipice in solving for.

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CFPB March 2017 complaint report highlights credit card complaints, complaints from Massachusetts consumers; Ballard Spahr to hold April 13 webinar

CFPB Monitor

The report also highlights complaints from consumers in Massachusetts and the Boston metro area. General findings include the following: As of March 1, 2017, the CFPB handled approximately 1,136,000 complaints nationally, including approximately 26,300 complaints in February 2017. On April 13, 2017, from 12:00 p.m.