PYMNTS

SEPTEMBER 25, 2019

The bill was sponsored by Congressmen Ed Perlmutter of Colorado, Denny Heck of Washington, Steve Stivers of Ohio and Warren Davidson of Ohio, all members of the House Financial Services Committee. The legislation aims to ensure that state-authorized and regulated cannabis businesses are not forced to operate with cash only.

Ohio 235

Ohio Colorado Washington California 235

Finer Points

MAY 29, 2014

Operation Choke Point is a U.S. Department of Justice-led joint effort with federal regulators designed to choke off access to banking services by businesses engaged in fraudulent or otherwise illegal activities. Washington' The public policy end was to protect Americans by driving seedy, fraud-laden businesses out of business.

Washington 183

Washington Policies Fraud Regulation 183

PYMNTS

APRIL 14, 2020

The Financial Stability Board (FSB) – the regulatory watchdog of the Group of 20 (G-20) – warned global regulators that possible stablecoin disruptions should be addressed before Facebook’s Libra is released, according to a consultation report released on Tuesday (April 14).

Meeting 181

Meeting Washington Regulation Groups 181

PYMNTS

NOVEMBER 26, 2020

With regulators cracking down in China, FinTech leaders are scrambling for capital and trying to plan their futures, Bloomberg reported Wednesday (Nov. And those lending in multiple provinces would have to have 5 billion yuan in registered capital at a minimum. The report said Alibaba has used such practices, among other companies.

Industry 152

Industry DC Regulation Washington 152

PYMNTS

MARCH 27, 2020

While the advancement of open banking regulations may be seeing a small skip due to the spread of the coronavirus , many countries saw business and typical banking operations halted right after deciding upon new online privacy rules. Considering t he global nature of COVID-19, regulators outside of the U.S. Security .

Data 199

Data Retail US California 199

PYMNTS

NOVEMBER 12, 2020

as well as 21 European Union (EU) countries — sent a letter to antitrust regulators asking that they throw the book at Google as fast as possible, according to a Reuters statement on Thursday (Nov. The group said it is the biggest collaboration to write to EU antitrust regulators urging a fast response. 20 by the U.S.

Google 158

Google US Comparison Washington 158

PYMNTS

SEPTEMBER 2, 2019

3 hearing advises that system-wide governance should be established to regulate virtual asset service providers (VASPs), CoinTelegraph reported Monday (Sept. Although regulation could make it hard for some crypto firms to continue operations, Murray said it’s not the BSA’s job to accommodate everyone. financial system.

Groups 124

Groups cryptocurrency Regulation United States 124

PYMNTS

JUNE 18, 2020

The American Gaming Association (AGA), the Washington, D.C.-based casinos are moving toward cashless gambling to protect customers and staff from the COVID-19 pandemic. based trade group for the $261 billion sector, has issued “Payments Modernization Policy Principles” that they say will guide the industry into ePayments.

US 166

US Nevada Guidelines Regulation 166

PYMNTS

DECEMBER 1, 2019

EU antitrust regulators are probing Google to see how the search giant uses and monetizes the data it collects on users, Reuters reported on Saturday (Nov. The preliminary investigation is ongoing,” the EU regulator told Reuters in an email. Google was also ordered to modify its operations. 30), citing the European Commission.

Google 151

Google Puerto Rico Data Alabama 151

PYMNTS

FEBRUARY 6, 2018

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.

Fintech 118

Fintech US Tennessee Washington 118

PYMNTS

MAY 26, 2016

Those services launched into virgin territory in terms of regulation — businesses of this kind had never quite existed before — and so the rules and regs in place did not quite manage to directly address them. But the events of the week indicate that this area is not likely to remain quite so gray forever. The Big Austin Loss .

Regulation 100

Regulation Austin San Antonio United States 100

PYMNTS

DECEMBER 2, 2019

New York and British regulators already levied almost $700 million in fines against Deutsche in a separate $10 billion money laundering case involving the so-called “mirror trades” from Russia. Washington and Frankfurt are now inquiring about the reasons for the delay. That incident is still under investigation by the DoJ.

Washington 200

Washington New York Regulation Report 200

PYMNTS

OCTOBER 19, 2020

Regulation. EU regulators are reportedly creating a “hit list” of approximately 20 firms — Big Tech signature names among them — that will encounter stricter regulations over market competition and other operational activities. Former EU Regulator Says Big Penalties Don’t Impact Big Tech Firms. and Microsoft Corp.

Taxes 143

Taxes Compliance Regulation Google 143

CFPB Monitor

DECEMBER 2, 2020

Chris Chilbert will serve as the Chief Information Officer in the Bureau’s Operations Division. Pappalardo will serve as the Associate Director for Research, Markets and Regulations. Donna Roy will serve as the Bureau’s Chief Operating Officer. Department of Health and Human Services’ Office of Inspector General.

United States 78

United States Washington Regional Resources 78

PYMNTS

SEPTEMBER 11, 2019

Jamal El-Hindi, the deputy director of the Financial Crimes Enforcement Network (FinCEN), spoke at the 2019 Money Transmitter Regulators Association Annual Conference on Wednesday (Sept. 11) about the importance of innovation and the regulation of non-banking financial institutions (NBFI), according to a release.

social media 116

social media Compliance Innovation Regulation 116

Independent Banker

SEPTEMBER 25, 2014

The better prepared, the less likely they are to run afoul of the continually shifting regulations. Regulators and industry consultants agree that community banks are generally doing a great job handling their regulatory oversight and requirements. increased operational risks. Be aware of existing or emerging risk concerns.

Compliance 101

Compliance Regulation Community Bank Community 101

PYMNTS

OCTOBER 16, 2020

Several states are moving forward with their own antitrust probe into Google while the Department of Justice (DOJ) gets ready to file a federal lawsuit, according to a report in the Washington Post (WaPo) on Friday (Oct. Facebook, Apple and Amazon have faced backlash from lawmakers and regulators around the globe. 15) blog. .

Google 151

Google North Carolina Nebraska Iowa 151

PYMNTS

JULY 6, 2020

A new Amazon Go grocery store will soon open in Bellevue, Washington, and the tech giant has further plans to expand its cashierless Amazon Go grocery stores in Seattle, California, Chicago and Washington, D.C. Audit: Wirecard Payments, Issuing Businesses Have Been Bleeding Cash for Years.

US 130

US Washington Payments Seattle 130

PYMNTS

NOVEMBER 30, 2020

Daniel Gouldman , CEO of crypto-banking platform operator Ternio , told Karen Webster that PayPal’s endorsement is a major step in crypto’s quest to go mainstream. He said people are talking more and more about the digital dollar, whether it’s on an individual level, in Washington or among U.S.

Bitcoin 292

Bitcoin cryptocurrency Washington Security 292

PYMNTS

MAY 15, 2020

San Francisco, Seattle, Washington, D.C. Trade groups and restaurant owners have lobbied for regulation of fees, arguing that their industry sees thin profit margins. If the two giant delivery services merge, it would create the biggest restaurant food delivery operation nationwide.

San Francisco 131

San Francisco New York City Seattle Washington 131

PYMNTS

SEPTEMBER 25, 2017

Months after state regulators in Washington and California issued fines against enterprise HR software startup Zenefits , the company is looking to revamp its operations under a new CEO by changing business models. Reports Friday (Sept.

Software 100

Software Washington California Regulation 100

PYMNTS

NOVEMBER 2, 2020

In 2018, the Postal Service piloted the FBI partership program at two post offices in Washington, D.C. The Postal Service operates 31,000 post offices, and 99 percent of the U.S. As facial recognition advances, tech companies are trying to get ahead of regulations. It has grown since then and served more than 30,000 customers.

US 191

US Washington Report Policies 191

PYMNTS

NOVEMBER 16, 2020

Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report.

Maryland 151

Maryland Taxes Online Groups 151

PYMNTS

JANUARY 9, 2017

During a panel at this year’s Consumer Electronics Show (CES) in Las Vegas, Paul Misener, Amazon’s vice president of global innovation policy and communications, warned that current state laws governing drone operations would continue to pose problems for developing drone delivery systems.

Las Vegas 100

Las Vegas Arkansas Washington Texas 100

PYMNTS

APRIL 16, 2018

HP is reportedly stepping into the cannabis industry with a new partnership to provide businesses with financial management software, according to The Washington Post. In a statement to Bloomberg last week about the partnership, HP said that “retailers across a wide range of industries use our hardware in their store operations.

Software 102

Software Marketing Washington Compliance 102

PYMNTS

JUNE 15, 2020

For Walmart, adding Shopify sellers to its online operations helps give a bit of scale, and third-party sales do not carry the same costs as seen in other marketplace models. For Shopify, the impact is immediate and broad: The eCommerce platform gains access to hundreds of millions of Walmart customers.

Course 187

Course Washington Online California 187

PYMNTS

JANUARY 24, 2019

The United States government is raising concerns about India’s eCommerce regulations that go into effect on Feb. Walmart, which spent $16 billion in 2018 to buy 77 percent of India’s Flipkart , will be forced to change its business structure in India, a move that will increase operational costs.

United States 139

United States US Washington Policies 139

PYMNTS

DECEMBER 8, 2020

Washington state became the latest example late last month, as reported by Eater Seattle , and joins New Jersey and cities such as New York City, as PYMNTS reported. DoorDash is branching out to other services, such as a “ghost convenience store” that is a nod to operating a brick-and-mortar service.

Seattle 160

Seattle New York City Washington New Jersey 160

PYMNTS

DECEMBER 27, 2019

Or maybe a relatively bland extended-stay operation right off the interstate. To learn more about the trend, PYMNTS recently caught up with Kulveer Taggar, co-founder and CEO of Zeus , a digital and mobile-focused operation that puts business travelers into furnished housing that Zeus rents from owners.

Los Angeles 139

Los Angeles San Francisco New York City Trends 139

PYMNTS

DECEMBER 30, 2019

To date 43 states and Washington, D.C. What businesses really need to know is that static solutions that have worked for them in the past, like spreadsheets with sales by state or sales tax rates applied per product, won’t work anymore,” said Liz Armbruester, senior vice president of global compliance operations at tax solutions firm Avalara.

Taxes 130

Taxes Alaska South Dakota South Carolina 130

Gonzobanker

APRIL 28, 2016

The amount of regulation in the financial industry is staggering and has understandably been top of mind for most CEOs. My colleagues (shout out to Vincent Hui and Kaleb Seymour ) and I conducted a study for the credit union industry to determine the impact of regulation. The best banks aren’t just compliant with new regulations.

Regulation 60

Regulation Management Community Bank System 60

PYMNTS

DECEMBER 28, 2020

Facebook is turning off a number of functions in its Instagram and Messenger apps for European users after new a European Union regulation called the “ePrivacy directive” began covering messaging apps as of Dec. It takes time to rebuild products in a way that work seamlessly for people and also comply with new regulation.”.

Compliance 148

Compliance Google Texas Apple 148

PYMNTS

OCTOBER 24, 2019

First, a bit of background: The goal has been — and if things are indeed put to rest with a recent court decision — to standardize a patch quilt of regulations that must be satisfied by FinTechs on a state-by-state basis. By way of example, FinTechs must cobble together money transmitter licenses from each state in which they operate.

Fintech 101

Fintech FDIC New York National 101

PYMNTS

AUGUST 30, 2018

In the Penn Quarter neighborhood of Washington D.C., In so doing, it launched itself into a debate that is unfolding in both its home city of Washington D.C. and nationwide about whether cashless operation is discriminatory. About 30 percent of the population of Washington D.C.

Washington 100

Washington FDIC Security Cards 100

PYMNTS

MARCH 17, 2020

The DEO “seeks concepts and an operator to program the space to boost innovation and entrepreneurship, demonstrate creative placemaking and feature the Made in Fairfax Network. The law opens up much more territory to these operations, which had only been permitted in areas zoned for industry. and San Francisco.

Retail 135

Retail Arlington San Francisco Milwaukee 135

CFPB Monitor

NOVEMBER 3, 2022

Department of Education recently announced final regulations , effective July 1, 2023, designed to expand and improve the major student loan discharge programs authorized by the Higher Education Act. We commented on the Department’s proposed regulations when they were issued last summer.

Study 78

Study Regulation Policies United States 78

Independent Banker

JULY 30, 2015

IB: What do ICBA advocacy staff members do to represent community banks in Washington? Hawxhurst: ICBA’s advocacy staff works to represent the interests of community banks before a wide range of policy bodies in Washington, particularly before Congress and the federal banking agencies. Washington Policy Summit. Be Heard Website.

Resources 70

Resources Tools Washington Community Bank 70