article thumbnail

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.

article thumbnail

Uber Agrees To Pay $145M Fine To Settle Data Breach Lawsuit

PYMNTS

Companies in California and throughout the nation are entrusted with customers’ valuable private information. The nationwide settlement, which California helped to lead, calls for a $148 million penalty payment by Uber, benefiting all 50 states and the District of Columbia.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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.

article thumbnail

Sprint Benefits From Less Expensive Subscriptions

PYMNTS

T-Mobile and Sprint are the third and fourth cell phone providers in the nation. At the time, it was noted that 13 states and the District of Columbia had come together to try and strike down the combination. The state attorneys’ rationale was that the merger would result in higher rates for customers.

article thumbnail

Cannabis firms are cut off from the US financial system, but relief is in sight

TheGuardian

US Senate is eyeing a bill that would allow banks to do business with cannabis companies – now, if only they would vote on it Imagine that you run a perfectly legal business but are unable to open a simple checking account at a national bank. Believe it or not, that’s the case right now for anyone licensed to sell cannabis in the US.

article thumbnail

Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers

PYMNTS

Eight additional states, Idaho, Minnesota, Missouri, Nevada, North Carolina, Texas, West Virginia, Vermont and the District of Columbia, are slated to be added in June.

Online 151
article thumbnail

The Pandemic And The Side-Hustle Renaissance

PYMNTS

unemployment rate, even as the nation engages in its annual celebration of workers. area attorney with the District of Columbia attorney general’s office, to work from home, she launched CheezMD as a side hustle. Labor Day 2020 has an unfortunate cloud hanging over it: a high U.S.