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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. Although they don’t agree with every 
regulation, they’ve already started to comply and they 
will comply.”.

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DoorDash And Uber Fee Hikes Will Test Business Model – And Restaurants’ Patience

PYMNTS

Six weeks after securing passage of the Proposition 22 ballot measure that overturned a California law requiring part-time workers to be reclassified as employees, two of its biggest backers have rolled out new fees to offset expenses related to additional worker benefits. Apply the local sales tax and the new total is $48.07.

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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

Now, customers and analysts will pay more attention to Loans + Securities-to deposit ratio. Instead of just looking at LTD, investors, and depositors, will now look at loan plus securities to total deposits. That notion proved false, and the quality of that metric has forever changed.

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Regulatory Tracker: Sandboxes Gain, While Cryptos Wane

PYMNTS

Here in the United States, tax season looms, of course, which may put additional pressure on cryptos. The secretary of the Commonwealth in Massachusetts has put the brakes on five initial coin offerings in that state. Although the firms had advertised across social media, none of them had registered to offer or sell securities.

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Guest Post: Third Quarter Economic Update by Dorothy Jaworski

Jeff For Banks

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. trillion of securities amassed during QE1 and QE2. I know I risk sounding like Charles Plosser, but so be it. So stay tuned!

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GonzoBanker Awards 2017

Gonzobanker

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. Biggest Branch ITM User Award : The Security Guard. Payments chaos.

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Fizzle Of The Week: The Activist CFPB

PYMNTS

But critics, notably Massachusetts Senator and CFPB architect Elizabeth Warren, have accused Mulvaney of shuttering the CFPB in all but name only, and doing so by defanging its ability to actually protect consumers. South Korea is levying heavy duty taxes on trades. Those fights can be expected to continue. . The reason?

Lending 101