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Morning Brief 10.8.19: EU presses Facebook for detailed answers about Libra's risk

Payments Source

Today: EU regulators question Libra; Payment startup pulls huge IPO; Sacramento Kings add blockchain; Stripe expands to Malaysia. The information you need to start your day, from PaymentsSource and around the web.

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Uber To Expand Bike, Scooter Investment With European Focus

PYMNTS

Uber said that eBikes and scooters are used the most frequently in Paris, followed by Sacramento and Seattle. Regardless of popularity with riders, eBikes and scooters are not fully embraced by regulators in Europe and the U.S. Britain has totally banned them and France rolled out stricter regulations. . Freese told CNBC.

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Reefer Rates Respond to New Regulations and Pre-Holiday Urgency

Bobsguide

California lane rates had some dramatic increases: Sacramento to Portland, OR, soared 91¢ to $3.78/mile. The lane from Dallas to Denver shot up 53¢, to $2.58/mile. Reefer rates out of Miami also surged, and the lane to Baltimore added 54¢ to an average of $2.28/mile. Ontario to Seattle was up another 62¢ to $3.62/mile.

Dallas 60
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California Uber, Lyft Drivers File Lawsuit Over Prop 22

PYMNTS

Mary-Beth Moylan, associate dean of McGeorge Law School in Sacramento, told the AP that the drivers’ lawsuit makes good points, but that there will be obstacles to get around, such as having the case heard in California Supreme Court instead of the lower courts.

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CFPB Holds Hearing to Present Proposals for Debt Collection Regulation

CFPB Monitor

July 28th, the CFPB held a field hearing in Sacramento, California on debt collection that coincided with its release of an outline of the proposals it is considering in connection with its debt collection rulemaking. Taylor Jackson.

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Credit Card E-Filing Fees Capped In California

PYMNTS

The coalition was led by Sacramento lobbyist Mike Belote who negotiated with the Judicial Council and Assemblyman Mike Gatto to carry the bill. ” The bill was unanimously approved in August by the Assembly after being amended three times and is expected to regulate the transition of California courts to e-filing.

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NEW REPORT: California Takes An Unattended Twist on Vehicle Registration

PYMNTS

Across the industry, from carmakers and road regulators to bike share programs, companies are looking to unattended retail tech to improve efficiency and unlock new revenue opportunities. Government agencies regulating the roads want to get their hands on unattended retail technology as well. Going unattended to get more convenient.