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Massachusetts Regulators To Crack Down On Robinhood

PYMNTS

Robinhood has come under the watchful eye of regulators — this time in Massachusetts. The complaint is from the office of William Galvin, Massachusetts secretary of state. We are committed to operating with integrity, transparency and in compliance with all applicable laws and regulations.”.

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Massachusetts Mutual To Buy FinTech RIA Platform Flourish

PYMNTS

Massachusetts Mutual Life Insurance Company (MassMutual) has agreed with Stone Ridge Asset Management , which has over $10 billion in assets under management (AUM), for MassMutual to acquire FinTech registered investment advisor (RIA) platform Flourish , according to a press release.

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Massachusetts Files Suit Against Uber, Lyft On Drivers’ Status

PYMNTS

Massachusetts is the second state to declare that Uber and Lyft drivers should be deemed employees under state wage and hour laws, the Attorney General’s Office announced on Tuesday (July 14). . Attorney General Maura Healey’s Fair Labor Division has filed suit for declaratory judgment in Suffolk Superior Court against Uber Technologies Inc.

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Massachusetts Throws Daily Fantasy Sports A Bone

PYMNTS

The Boston Globe reported that Massachusetts decided Friday (March 25) to establish a set of regulations that would allow Boston-based DraftKings and FanDuel to continue to operate within the state. The latest development, however, seems to fall in favor of the pro-daily fantasy sports camp.

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Ex eBay Execs Admit To Cyberstalking Plot

PYMNTS

In June, six former eBay employees were charged with cyberstalking a Massachusetts couple who publish a newsletter that company executives viewed as critical of the California-based eCommerce corporation. Four former eBay employees have agreed to plead guilty next month in federal District Court in Boston, U.S.

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Nordea Uses Biometrics Authentication to Protect Consumer Data

Bank Innovation

For this, Nordea has tapped Massachusetts based-biometrics security company Veridium, according to today’s announcement. Norwegian bank, Nordea is replacing token passwords with biometric authentication for its employees dealing with confidential customer data.

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CORO Global Brings Gold Payment App To Alabama

PYMNTS

The company – and its gold trading app – just expanded its reach in the United States with the addition of a license to operate in Alabama. The Alabama Securities Commission on Tuesday (Nov. The future is looking a bit more golden for CORO Global.

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