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State AGs To Press Own Case Against Google

PYMNTS

The states leading the probe include Arizona, Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee and Utah. Authorities in India are also weighing an investigation into Google’s promotion of its mobile payment app. Facebook, Apple and Amazon have faced backlash from lawmakers and regulators around the globe.

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The Blockchain Wave Isn’t Always Smooth Sailing

PYMNTS

The blockchain hype certainly hasn’t risen without catching the attention of regulators. Some policymakers are beginning to step into the space, including in the state of Nebraska, in which a lawmaker has submitted three bills focused on distributed ledger and cryptocurrency technology.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

Is payment enabling those storefronts next? . When the regulators come marching in, getting out of the way is usually a better idea. And that, says the industry, is bad news, as costs of compliance with stricter regulation could be coming at exactly the moment these firms can’t take on any new costs. . Slam dunk sizzle.

Lending 101
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Surprises from the Consumer Financial Decision Making Conference (Behavioral Economics)

Celent Banking

Initial experiences with the new credit card disclosures shows that borrowers are anchoring on the minimum payment figure, and on occasion paying less each month than they otherwise would. Regulations may give consumers the confidence that they can undertake transactions (loan repayments under foreclosure) that they might not otherwise.

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The Roil Over B2B Payments Rails

PYMNTS

B2B payments innovators and Warren Buffet have something in common: They are both obsessed with rails. Omaha, Nebraska — Buffet’s birthplace — was the home of the First Transcontinental Railroad , which made railroads an important part of the Omaha economy. Making B2B Payments Rails Hot. It may have started in 2007 when the U.K.

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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

At the age of 26, Nebraska stockbroker and school teacher named Warren Buffett took his “retirement fund” of $174,000 and decided to start his own investment business. And it’s not one that can be fixed with regulation. Auditors can’t audit these contracts, and regulators can’t regulate them,” he added.

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Fintech Fundings: 27 Companies Raise $345 Million Week Ending August 14

Fintech Labs Insights

million), digital payments provider Digital Retail Apps ($770,000) and StockViews got a $16,000 check from London-based accelerator, Startupbootcamp. Mobile security & payments. Mobile & payment security . Tags: Mobile, security, payments, insurance. million), mobile security provider Tyfone ($6.6 billion. .