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TikTok’s Head To Connect With Legislators In Washington

PYMNTS

As suspicions surrounding the app’s ties to China continue to increase, TikTok chief Alex Zhu will meet with legislators in Washington, D.C. Blackburn told Zhu in a letter in November that she worries the social media app “is paving the way for the Chinese government to gain unfettered and unsupervised access to our children’s lives.”

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FinCEN Deputy Director Talks Reform, NBFI Supervision

PYMNTS

Innovation and regulatory reform are topics of much discussion in Washington these days. In focusing on innovation, we want to examine how we can focus more industry and government resources on priority areas of national security and high-value illicit crimes.”. financial system by potential findings of non-compliance,” he said.

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China, Alibaba Are Big Players On The Blockchain Patent Block

PYMNTS

As has been well-documented in this space, the damper on activity tied to cryptos has extended to social media. That follows a meeting late last month of the Senate Energy and Natural Resources Committee, which examined utilities by looking at blockchain and energy security. Yet, blockchain remains an area of interest.

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The ICBA 22/23 executive committee is all in

Independent Banker

“I’m so inspired by the professionalism, integrity and commitment of our executive committee and board of directors as we work together to serve the needs of community bankers across the nation,” says Terry Jorde, ICBA senior executive vice president and chief of staff. ICBA president and CEO Rebeca Romero Rainey, Washington, D.C.

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In Praise Of The Selfie And The Commerce It Drives

PYMNTS

National Selfie Day has passed into the history books once again. The founding hero of National Selfie Day — not that he receives his full recognition among the selfie masses — is a U.S. lamp manufacturer and early photography enthusiast named Robert Cornelius.

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Facebook Q2 Earnings Preview: Ad Sales, Libra To Affect Growth

PYMNTS

The Senate’s hearing ended with a lack of clarity on what data Facebook would collect from Calibra transactions, including financial habits of users, and how the company would ensure both national and personal security. For those who missed it, PYMNTS published a recap of Libra’s week in Washington.).

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Economic Nexus Laws’ Unexpected Impacts On Restricted Substance Retailers

PYMNTS

Local jurisdictions impose their own taxes on domestic cigar sales, with tax levels currently ranging from 0 percent in Pennsylvania and Florida to 95 percent in Minnesota and Washington state. These companies are also not allowed to advertise on digital platforms, such as social media or search engines, Rogers said.

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