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Missouri’s Cash Tax Payment Ban Proposal Irks Cannabis Firms

PYMNTS

The state of Missouri is reportedly considering a ban on cash tax payments, a move that has raised concerns for local legal marijuana businesses that are struggling to obtain banking services and relying on cash to remain in operation.

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Coinbase Faces Class-Action Suit Over Sales Of Ripple's XRP

PYMNTS

Securities and Exchange Commission filed a lawsuit against Ripple Labs and some of its executives, alleging the company illegally skirted laws by classifying its XRP cryptocurrency as a commodity rather than a security, a Missouri man has sued Coinbase over its role selling XRP. A week after the U.S. 22 against Ripple Labs.

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US Lawmakers Seek Investigation Of Zoom’s, TikTok’s China Ties

PYMNTS

In a letter to Assistant Attorney General John Demers, Senators Richard Blumenthal (D-Connecticut) and Josh Hawley (R-Missouri) said as sheltering-in-place continues amid COVID-19, many Amercians are substituting Zoom calls for personal interaction and binging on TikTok videos. “We GAAP income from operations for the quarter was $23.4

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Since Square purchased Afterpay, customers can get an Afterpay card to use with participating retailers that operate with Square, which lets customers use Afterpay for in-store purchases. Pay in 4 is not currently available for residents of Missouri, New Mexico, North Dakota, South Dakota, Wisconsin, or any US Territories.

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Darden Cyberattack Puts 567K Cards At Risk

PYMNTS

In a press release , the restaurant chain operator said it was notified on August 16, 2018, by federal authorities that a legacy point-of-sale system for some of its Cheddar’s Scratch Kitchen restaurants, a brand acquired by Darden last year, may have been compromised via a hack that involves restaurants in 23 states.

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BEC Run Out Of Detention Center Nets Millions

PYMNTS

He and an accomplice operated from Nigeria, targeting the U.S., In terms of data illuminating larger trends, the National Cyber Security Alliance found that roughly 50 percent of smaller firms have been victim of a cyberattack. New Zealand and a number of other countries. The scams netted an alleged $25 million from 2014 to 2016. “In

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BEC Attacks Surge As Fraudsters Eye Pandemic Opportunity

PYMNTS

Researchers found that furloughed employees are widely reporting that their bosses have asked them to continue to conduct their normal work duties despite being furloughed in order for their employers to secure funding. companies between April and May this year , Abnormal Security data revealed, according to Helpnet Security reports. .”

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