PYMNTS
DECEMBER 14, 2020
Mexico’s antitrust regulator Cofece has approved the acquisition of grocery delivery platform Cornershop by Uber Technologies, Bloomberg reported on Monday (Dec. and Canada operating under Uber’s app. . under Uber's ownership in Dallas, Texas and Miami, Florida. Cornorshop first rolled out in the U.S.
PYMNTS
DECEMBER 27, 2020
Binance KR will cease operations because of low usage and volume with limited trading pairs of BKRW. Miami Mayor Francis Suarez might want to make his city a hub for crypto at the government level, a report from CoinDesk says. The new partnership will do well for the mass-adoption of crypto, the company anticipates.
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South State Correspondent
MAY 13, 2024
Last week, Nacha held its Smarter Faster Payments Conference in Miami, a significant event for over 1,800 bankers and vendors. Regulation and Legal Topics in Payments This Nacha conferenec nailed the balance between product, regulatory and legal risk. It is likely that regulators will soon ask banks to come up with a plan.
PYMNTS
NOVEMBER 16, 2018
While the previous purchase amount threshold varied by city, it’s now set at $300,000 for each metropolitan area, covering certain counties within the following major locations: Boston, Chicago, Dallas-Fort Worth, Honolulu, Las Vegas, Los Angeles, Miami, New York City, San Antonio, San Diego, San Francisco and Seattle.
Independent Banker
JULY 31, 2022
Locality Bank, a digital-first community bank serving south Florida that opened in January, is run by industry veterans with such successful track records that regulators signed off on their application for a charter in less than a year. Location: Fort Lauderdale, Fla. That’s no small feat for any de novo, especially during a pandemic.
PYMNTS
JANUARY 16, 2018
Regulators spent most of 2017 cracking down on the practice. They also argue that the federal and state governments have no right of regulation here, because tribal sovereignty is protected by treaty. Some short-term lenders – particularly those feeling the squeeze from state regulations around such loans (i.e. Tribal Lending
PYMNTS
JUNE 21, 2016
A vote in Chicago this week could decide if Uber and Lyft will continue to operate there, as the vote from the full city council will determine whether or not ride-sharing firms will have to comply with the same types of regulations city-licensed taxi drivers are forced to. Both companies ultimately suspended service in Austin.
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