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Bill to impose 36% rate cap passes New Mexico House and Senate

CFPB Monitor

The New Mexico House and Senate have both passed House Bill 132 which would create a 36% annual percentage rate (APR) cap on loans up to $10,000 made under the New Mexico Bank Installment Loan Act of 1959 (BILA) and the New Mexico Small Loan Act (SLA).

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Young Consumers Love to “Buy Now, Pay Later” – Here’s What to Know About the Explosive Fintech Trend

Perficient

Since Square purchased Afterpay, customers can get an Afterpay card to use with participating retailers that operate with Square, which lets customers use Afterpay for in-store purchases. Pay in 4 is not currently available for residents of Missouri, New Mexico, North Dakota, South Dakota, Wisconsin, or any US Territories.

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Emergent Technology Invests In Trust Stamp To Verify Identities

PYMNTS

“Across our business, we strive to facilitate greater financial inclusion in emerging markets, and identity is a central component,” said EmTech’s Chief Commercial Officer Mitch Davis. Emergent Technology said it is deploying Trust Stamp’s technology across its G-Coin and Responsible Gold businesses.

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Amazon Said To Roll Out PillPack Service To Employees

PYMNTS

The publication said PillPack recently filed for several new pharmacy licenses, most of which are to secure clearance to ship drugs from its warehouse in Phoenix to customers, reports said. suburbs will add more workers to test out Amazon pilots.

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Netflix Adds 7M Subscribers In Q3 Earnings Beat

PYMNTS

Wall Street rewarded the stock handsomely, with the stocks registering an 11-percent gain after the market close in after-hours trading as of 7:59 p.m. Lately, the company has been bundling with internet service providers as well as mobile and paid-TV operators. The company’s operating margin in Q2 2018 was 11.8 Even in the U.S.,

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Why Google Ditched Perishables

PYMNTS

It was less than a year ago — February, to be precise — that Google appeared as the latest player in an increasingly crowded food delivery market that was intent to make a move on grocery. The big news at the time was perishables. markets up and into effect in Target’s home market of Minneapolis.

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CFPB announces settlement with payday and auto title loan lender to resolve alleged CFPA, FCRA, and TILA violations

CFPB Monitor

to resolve alleged violations by Cottonwood of the CFPA, FCRA, and TILA in the course of marketing, servicing, and collecting on payday, auto title, and unsecured consumer installment loans. The CFPB announced that it has entered into a settlement with Cottonwood Financial, Ltd., million and $286,675.64 in consumer redress.

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