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Ripple Asks Court To Dismiss XRP Securities Lawsuit

PYMNTS

The lawsuit, which alleges that Ripple illegally sold unregistered securities related to the XRP cryptocurrency, could have some repercussions in the crypto world. Specifically, it could change how cryptocurrency is viewed going forward, as it seeks to answer the question of whether digital coins should be viewed as securities or not.

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CDFI Beneficial State Bank, Aided by Abrigo, Goes All Out To Secure PPP Small Business, Nonprofit Loans

Abrigo

The Oakland, Calif.-based CDFI Beneficial State Bank, Aided by Abrigo, Goes All Out To Secure PPP Small Business, Nonprofit Loans. The post CDFI Beneficial State Bank, Aided by Abrigo, Goes All Out To Secure PPP Small Business, Nonprofit Loans appeared first on Abrigo. Pulling out all the stops for the community. SBA Lending.

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Judge Lets XRP Lawsuit Proceed Against Ripple

PYMNTS

Ripple failed to persuade a judge in Oakland, California to dismiss the entire lawsuit, called Zakinov v. Hamilton left a complaint by investors in place, which alleged that Ripple had been selling unregistered securities. Securities and Exchange Commission hadn’t taken a position on whether XRP is a security on Wednesday.

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MLB Pilots NFC Ticketing For Stadiums

PYMNTS

Some baseball fans should have an easier time seeing their favorite teams next season: Major League Baseball (MLB) announced that the Oakland Athletics participated in a new NFC ticketing solution that allowed fans to enter stadium payments by simply tapping their phone (or Apple Watch) to a ticket scanner.

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Clothing Reseller ThredUp Files For IPO

PYMNTS

The company, based in Oakland, California, is one of the growing numbers of eCommerce sites trafficking in used goods, competing with old stalwarts like Salvation Army Thrift Stores. Securities and Exchanges Commission (SEC). Online clothing retailer ThredUP has filed confidentially for an initial public offering (IPO) in the U.S.,

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New Facial Recognition Policy Signed Into Law In Washington State

PYMNTS

Other cities following suit include Berkeley and Oakland, California and Sommerville, Massachusetts. San Francisco is one of seven municipalities that have blocked the government’s use of the technology, citing privacy and bias.

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Today In Payments: Marqeta Preps For IPO, Had $4.3B Valuation In May; Punjab National Bank Faces Third Major Fraud

PYMNTS

Oakland, California-based issuer processor Marqeta, which is backed by Goldman Sachs, is preparing for an initial public offering (IPO) and seeking out investment banks for advice. A Digital ID Fix To Closing The Telehealth Security And Patient Confidence Gap. Also, WhatsApp Business announces QR codes and a catalog service.

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