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Rhode Island Gives London's WorldRemit a Key Market in U.S.

Payments Source

states with the announcement that it’s added a proprietary license in Rhode Island. WorldRemit inched closer to its goal of obtaining its own money transmitter license in all available U.S.

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8.9.19 Your morning briefing

Payments Source

Today: Commerz pilots M2M; Postmates deploys robots; Libra encourages new technology; State Farm suffers a breach; Rhode Island issues crypto regulations. The information you need to start your day, from PaymentsSource and around the Web.

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Amazon, Google, Facebook, Apple CEOs To Face Congress

PYMNTS

David Cicilline (D-Rhode Island), chairman of the House Antitrust Subcommittee, has asked each of the company’s executives to testify before completing its investigation and crafting reforms that would regulate the digital market. Cook testified in 2013 about Apple’s payment of taxes, CNBC reported.

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CFPB settles with New Jersey debt buyer for alleged FDCPA and CFPA violations based on unlicensed collection activity

CFPB Monitor

The collections law firms then sent the consumers letters demanding payment of the full past-due amounts and referencing the fact that the firm had been “retained” for the “collection of this debt.”

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Google’s AG Onslaught A Big Fizzle For Tech

PYMNTS

“Today’s document requests are an important milestone in this investigation as we work to obtain the information that our Members need to make this determination,” Congressman David Cicilline of Rhode Island, who chairs the subcommittee and is leading the antitrust investigation, said in a statement.

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US Lawmakers Want Cheaper Chapter 11 For SMBs

PYMNTS

Sheldon Whitehouse (D-Rhode Island), would introduce incentives for small business owners that want to maintain ownership of their companies. According to The Wall Street Journal ( WSJ ) on Friday (Nov. 30), two U.S. million or less in debt. The Small Business Reorganization Act of 2018, introduced Thursday (Nov. 29) by Sen.

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Sports Betting Moves Forward In The U.S. — With or Without ‘Integrity Fees’

PYMNTS

sports betting wave could become one of the hottest payments and commerce trends of 2018, with lawmakers and gamblers bringing the activity to more states, and league officials pushing for their cut. The state allows both online and offline sports betting, with regulation oversight provided by the West Virginia Lottery Commission.