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Bitcoin Daily: Avanti Preparing To Apply For Banking Charter; NJ Lawmaker Introduces Regulatory Rules On Crypto

PYMNTS

Because trust companies can’t custody securities in the U.S., Meanwhile, a New Jersey lawmaker has introduced a bill that would require cryptocurrency firms to obtain a license before being able to operate, according to Coin Telegraph. 20, which would introduce new standards and rules for how crypto businesses operate.

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More Security In Wake Of Mall Brawls

PYMNTS

A string of major disturbances at malls nationwide on the day after Christmas has led police to increase patrols and malls to ramp up security guard presence — in case consumers needed another reason to avoid physical stores. Hundreds are reported to have been involved in 12 states nationwide, leading to a number of arrests.

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Lockdowns Drive Lower Revenues For ATM Owner Cardtronics

PYMNTS

Cardtronics , which calls itself the world’s largest ATM owner-operator, disclosed its first-quarter results on Friday (May 8), which reflected lower revenues due to lockdowns and some location closures. . Cardtronics’ ATM operating revenues dropped to $291.9 Cardtronics’ ATM operating revenues dropped to $291.9 Payne Jr. (D-NJ),

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New Jersey enacts licensing and other requirements for student loan servicers

CFPB Monitor

On July 30, 2019, Acting New Jersey Governor Sheila Oliver signed into law SB 1149 , which requires student loan servicers to be licensed, creates an Office of the Student Loan Ombudsman within the NJ Department of Banking and Insurance, imposes various requirements, and prohibits certain conduct. Licensing requirement.

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Credit Unions in the Crosshairs: Cybersecurity | Research Colloquium

Filene

Tuesday, January 26 | Newark, NJ | 9:00 a.m. - A slate of information security leaders from credit unions just like your's: WSECU, David Luchtel, Vice President - Infrastructure and Operations. A Filene Research Colloquium. PRESENTATION SLIDES ARE AVAILABLE BY CLICKING ON THE NAME OF THE PRESENTER BELOW. AFTERNOON.

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 The Amazon/Walmart Whole Paycheck Tracker: Rethinking And Realigning

PYMNTS

According to reports, as of June 24th the service is officially shutting down after four years in operation in over 20 U.S. New To The Market: A Secure Credit Card And A Sneak Peak Theatrical Release. A Walmart spokesman told CNBC that there are no layoffs planned and Jet’s headquarters will remain in Hoboken, NJ.

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A Financial Institution Investment Banker Had Questions. Here Are My Answers.

Jeff For Banks

Because an investor in an equity security should expect a 10+% total return. Not many investors complained about the old Commerce Bank (NJ) efficiency ratio of 70+% when they were delivering 20+% profit growth. That's positive operating leverage that so many financial institutions struggle with.

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