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Fast Action: Tennessee Sportsbook Bets Service Quality On Instant Payments

PYMNTS

Hodges, known as the “Rookie Bookie” on social media, made her comments less than three months after Tennessee became the 20th state to launch sports betting on Nov. We’re growing a market of people who have never bet before in Tennessee.”. We’re bringing sports gambling out of the shadows,” she said. “It Next Steps.

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State Regulation, Conference of State Bank Supervisors, Financial Services, FinTech, Charles Clark, Washington State Department of Financial Institutions, License, Regulation, Bank of Indonesia, FinTech, Bitcoin, Cryptocurrency, News

PYMNTS

Through the Conference of State Bank Supervisors, Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington are looking to standardize the ways firms across traditional financial services and FinTech upstarts apply for, and are granted, licenses. As was widely reported this past week, seven of them are trying to do so.

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Seven US States Seek To Simplify FinTech Licensing

PYMNTS

Reuters reported news on Tuesday that banking regulators from seven states across the United States are working to, as the newswire reported, “streamline” the FinTech reporting process, with an eye on those tech firms having an easier road toward offering their products and services across the nation.

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Vaccine Provides Hope, But Sports And Concerts Keep Live Event Plans Flexible

PYMNTS

Current solutions range from no fans allowed in cities like New York, Detroit and Green Bay, to capacity caps of 12 to 20 percent in Tennessee and Miami, to hard headcount cutoffs of 4,200 in Arizona and 12,000 in Cleveland. 16), Atlanta Journal-Constitution reporter Sarah Spencer posted on her Twitter feed.

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CFPB issues annual fair lending report

CFPB Monitor

One of those actions is an action brought jointly with the DOJ and OCC against Trustmark National Bank (TNB) which alleged TNB engaged in lending discrimination by redlining predominantly Black and Hispanic neighborhoods in Memphis, Tennessee.

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Unicorns Drowse Through Summer

PYMNTS

Airbnb , having staked its claim in urban environs, has said that it is open to market regulations in cities of scale such as Vancouver and others. In one bit of regulatory news, perennially troubled Zenefits has reached a settlement with Tennessee state regulators for allowing its brokers to sell insurance without licenses. .

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Using Gift Cards To Buy Drugs: How Return Fraud Is Funding The Opioid Crisis

PYMNTS

Retail return losses total between $9 billion and $15 billion per year, according to a 2017 survey by the National Retail Federation. Police from Knox County and the city of Knoxville, Tennessee have found strong ties between drug overdoses and gift cards purchased.

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