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State Bank Regs File Suit To Block OCC’s Bank Charter

PYMNTS

More legal troubles have emerged for the Office of the Comptroller of the Currency (OCC) over its plan to introduce national bank charters for FinTechs, aimed at making it easier for alternative financial services players to do business. Reports in Reuters on Thursday (Oct. Reports in Reuters on Thursday (Oct. The body of U.S.

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DoorDash IPO Soars; Commission Caps Make Early News

PYMNTS

In only one recent example, as reported by Washington City Paper , the District of Columbia passed legislation that would cap commissions at 15 percent, where it had been 30 percent — at least for the duration of the public health emergency. Adding Some Fees .

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Buying into AML risks in real estate

Abrigo

Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. The real estate market is enticing to more than just new homeowners or investors. Real estate market AML risks Real estate is a proven, traditional, and well-established marketplace.

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The Pandemic And The Side-Hustle Renaissance

PYMNTS

unemployment rate, even as the nation engages in its annual celebration of workers. And in the case of a labor market that’s gone topsy-turvy in recent months, that silver lining is the raw creativity of America’s workforce in finding work, even when traditional jobs are hard to come by. In fact, many U.S. Why is this?

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Seven states and D.C. file lawsuit challenging FDIC “Madden fix” rule

CFPB Monitor

The FDIC has taken conflicting positions on Madden’s effect on credit markets, stating that its Madden fix will rectify the disruption to credit markets caused by Madden while also stating that it is not aware of any significant effects on credit availability or securitization markets as a result of Madden.

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Nurx’s Mission To Be More Than ‘The Uber Of Birth Control’

PYMNTS

According to the National Campaign to Prevent Teen and Unplanned Pregnancy , 19.7 As of the end of 2018, Nurx is available for use in 22 states, including the District of Columbia. Texas is their most active market. counties where the number of public clinics is not enough to meet the needs of the population.

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The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

Since 2018, when sports betting was only legal in the state of Nevada, 19 additional states and the District of Columbia have legalized the practice, either already allowing bets to be placed or are on the way to doing so. In a microcosm of the national expansion, New Hampshire’s newly online sports gambling program raked in $2.31

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