CFPB Monitor

APRIL 25, 2022

Utah and Virginia recently became the first two states to require the registration of providers of merchant cash advances. The CFRDA does not apply to commercial financing transactions secured by real property or that are leases or purchase-money obligations. The new laws also include disclosure requirements.

Utah 78

Utah Virginia Regulation New York 78

PYMNTS

JANUARY 18, 2019

Amid less expensive destinations for kids’ online clothing and declining traffic in malls, Gymboree Group Inc. Bankruptcy Court for the Eastern District of Virginia, Bloomberg reported. million) and a senior secured asset-based revolving credit facility ($79.1 plans to close following its second bankruptcy.

Virginia 160

Virginia Retail Groups Branding 160

PYMNTS

FEBRUARY 17, 2020

The lawsuit against Amir Golestan and his web-services provider firm Micfo is shedding light on the ecosystem that governs the world of online spammers and hackers, a Wall Street Journal article said on Monday (Feb. The alleged victim is the nonprofit American Registry for Internet Numbers , based in Centreville, Virginia.

Fraud 178

Fraud South Carolina Virginia Online 178

PYMNTS

JUNE 11, 2020

Biometric recognition technology uses a combination of artificial intelligence (AI) and machine learning (ML) to scan, analyze and store users’ biometric data, such as fingerprints, facial features, voices or even online browsing patterns to confirm that users are who they say they are.

Compliance 186

Compliance Guidelines Meeting Tools 186

PYMNTS

JULY 23, 2020

has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia. The retailer and “certain of its subsidiaries” have come to a restructuring support agreement (RSA) with more than 68 percent of secured term lenders, according to a Thursday (July 23) statement.

Virginia 140

Virginia United States Retail Operations 140

PYMNTS

AUGUST 13, 2020

The company said it is looking into “any and all strategic alternatives,” such as a possible sale of its online shopping operation and the intellectual property related to it. filed for Chapter 11 in federal bankruptcy court in Virginia. It also foresees to close a number — if not each one — of its physical locations.

Retail 146

Retail Jacksonville Virginia United States 146

PYMNTS

JUNE 1, 2020

Bankruptcy Court for the Eastern District of Virginia for its “planned wind-down of operations.” Pier 1 plans to sell its leftover assets, including its online shopping business and intellectual property, following the bidding procedures set forth in February of this year. said it has received the green light from the U.S.

Virginia 132

Virginia Retail Security Operations 132

PYMNTS

DECEMBER 27, 2018

million people live (that’s about the size of Dallas), employs a single platform to handle tasks as varied online prescriptions, city hall inquiries and checking whether one’s children are doing their homework, as noted in a recent report. Estonia’s ongoing efforts to digitize government offer lessons on security.

blockchain 157

blockchain Mobile National Dallas 157

PYMNTS

JULY 19, 2017

bank, has now added Apple Pay support as an online payment method, which means customers can add their Starling debit card to Apple Wallet. According to a news report , with the mobile pay support, customers can make online payments via their Apple devices. Starling Bank, the digital-only U.K.

Apple 100

Apple Virginia Florida Online 100

PYMNTS

MARCH 23, 2016

There are two criminal complaints that have been unsealed in Virginia against Peter Romar, Ahmad Umar Agha (known online as “The Pro”) and Firas Dardar (“The Shadow”). In reference to the other complaint, beginning in 2013, Dardar and Romar “engaged in multiple conspiracies” to hack online businesses based in the U.S.

social media 100

social media Virginia United States National 100

PYMNTS

MAY 7, 2018

Recent inquiries from regulators in the federal securities and commodities realms have centered on Ethereum. For Ethereum, the topics under scrutiny include a familiar debate: whether it is in fact a security and thus subject to oversight by the Securities and Exchange Commission (SEC).

Bitcoin 108

Bitcoin Regulation cryptocurrency Virginia 108

PYMNTS

SEPTEMBER 30, 2019

These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing. Retailers in high-tax states have largely not been able to build themselves up or expand online beyond their local markets to the same extent, Rogers said. .

Retail 109

Retail Taxes Virginia South Dakota 109

PYMNTS

JULY 27, 2016

The number of complaints reported in 2015 were the highest since before the 2009 recession, and ValuePenguin estimated that recent advancements in credit card security will do little to combat this. West Virginia, Iowa, Idaho and Kentucky rounded out the top five states with the least amount of reported credit card fraud.

Fraud 100

Fraud Cards South Dakota West Virginia 100

CFPB Monitor

MAY 4, 2022

The CTDPA follows the form and content of other privacy laws passed in the prior year, including the Colorado Privacy Act (CPA), Virginia Consumer Data Protection Act (VCDPA), and Utah Privacy Act (UPA). Data Minimization and Security. The law now awaits the Governor’s signature. Contractors and Sub-Contractors. Children’s Data.

Connecticut 148

Connecticut Utah Colorado California 148

Abrigo

NOVEMBER 17, 2023

Frustrating processes tied to credit requests and slow loan decisions are among borrowers’ biggest complaints about banks and credit unions compared to online or alternative lenders. Instead : Send an automated email to notify borrowers of documents needed for closing and provide a link to upload them securely into a portal.

Lending 221

Lending System Software Taxes 221

PYMNTS

AUGUST 16, 2018

To that end, Home Depot has been installing lockers in many of its locations to allow customers who place online orders to easily pick up their merchandise at the store. Approximately 48 percent of American consumers expect their online orders to be delivered faster in 2018 than they did in 2016, according to the PYMNTS Omni Usage Report.

Dallas 106

Dallas Las Vegas Fort Worth Atlanta 106

CFPB Monitor

AUGUST 19, 2015

The booklets were designed for four different categories of financial caregivers: agents under powers of attorney, court-appointed guardians, trustees, and government fiduciaries, such as someone serving as a Social Security representative payee or Veterans Affairs fiduciary.

Virginia 60

Virginia Oregon Arizona Illinois 60

PYMNTS

APRIL 18, 2020

There were early concerns that the $6 billion online dating industry would soon find itself facing similarly dire straits as the travel and restaurant industries due to social distancing. the embarrassed digital dater noted in an interview with Vogue. We can’t go anywhere together. I wish we could catch a movie or go for a walk in the park.

Arlington 195

Arlington Oregon US Virginia 195

PYMNTS

AUGUST 13, 2018

Defcon , the annual hackers conference, has turned up a new security concern in smart speakers like the Amazon Echo. Amazon was warned about the security hole before the two programmers presented at Defcon, and there is already a patch in place for the security hole, according to reports in Wired.

Indiana 108

Indiana Conference Capital Virginia 108

PYMNTS

AUGUST 28, 2018

Consumers might put out a query online and be bombarded with responses when they first look to move said vehicles, a process that sometimes continues long after they have found a solution. Drivers also put down a deposit, and an owner makes a payment when selecting a driver — which is held until delivery — thereby ensuring payments security.

Oregon 130

Oregon Meeting Virginia Training 130

PYMNTS

JULY 20, 2018

The startup’s payment platform integrates with QuickBooks Online to connect accounting and billing, and uses API technology to aggregate data across the channels through which businesses accept payment, to provide a holistic view of finances for business users. This week, Fattmerchant announced $10.5 The funding follows $2.5

Analytics 105

Analytics Capital Tools California 105

PYMNTS

NOVEMBER 16, 2018

Or, if reports are correct, the IRS has actually outsourced that process to a Virginia company for $1.7 A secure space is set aside to count it all, and there are two IRS employees inside the room at all times. This means customers pay in cash, their employees are paid in cash, and their taxes are paid in cash.

Taxes 177

Taxes Payments District of Columbia Alabama 177

PYMNTS

JULY 22, 2019

On Monday (July 22), in fact, Abercrombie said that “it opened four new pop-up shops last week, at Tysons Corner Center in Virginia, Dolphin Mall in Miami, Los Cerritos Center in California and at Baybrook Mall in Friendswood, Texas,” according to the report. All are expected to be open for about 12 months, according to the company.

Retail 108

Retail Honolulu Branding Trends 108

CFPB Monitor

JUNE 15, 2022

The law contains exemptions and carve-outs for, among other things, depository institutions, financings of more than $500,000, closed-end loans with a principal amount of less than $5,000, and transactions secured by real property. The new laws also include disclosure requirements. .

California 78

California Regulation CA Utah 78

Independent Banker

DECEMBER 13, 2015

There is a safe harbor for lenders that do so using either the Department of Defense’s online database or a consumer report from a nationwide consumer-reporting agency. Mary Thorson Wright , a former Federal Reserve managing examiner, is a financial writer in Virginia. Beginning Oct.

Lending 70

Lending Compliance Regulation Virginia 70

PYMNTS

JUNE 30, 2016

On June 9, JPMorgan Chase recently announced that it secured a multi-year deal with Shell to accept Chase Pay at all of its gas stations. Now, as part of its new deal with Shell, it appears Chase is on its way to securing more support for its mobile wallet service that’s likely to be launched into market soon.

Mobile 104

Mobile Samsung Apple Missouri 104

Independent Banker

NOVEMBER 25, 2015

One of the biggest problems with FinTech companies is that many of them exploit existing banking infrastructure—including debit, credit and ACH networks—and access traditional checking and saving accounts, yet face minimal regulation when it comes to data security and privacy. Kelly Pike is a freelance writer in Virginia.

Community Bank 70

Community Bank Community Analytics Lending 70

CB Insights

APRIL 10, 2019

The biometric software behind facial recognition applications can identify facial structures, contours, and expressions, making it a no-brainer for security and identification purposes. Banks are beginning to use facial recognition as secure login tools for customers using their online banking sites and apps.

Industry 78

Industry Examples Security Technology 78

PYMNTS

MARCH 12, 2016

Small business owners don’t expect to be the star of the show, but wherever we went — and we went to Vermont , New Hampshire , Massachusetts , Virginia , South Carolina and Georgia — we heard the same two things over and over again. Can someone please make capital available?

Taxes 50

Taxes South Carolina New Hampshire Maine 50

CFPB Monitor

JUNE 3, 2016

Specifically, the RFI mentions installment loans and open-end credit lines with durations exceeding 45 days with no vehicle title security or account access (“leveraged payment mechanism” features) as products falling outside the scope of the proposed rule.

Report 60

Report Lending Kansas City Kansas 60

Fintech Labs Insights

AUGUST 29, 2016

The Virginia-based company is one of six grant recipients that received a cut of $15 million, which was divided into amounts from a little under $1 million to $3.75 online to receive special promotions offered to their group. The company was awarded a $3.75 Founded in 2010, ID.me

Virginia 22

Virginia National Strategy Groups 22

MyBankTracker

AUGUST 17, 2020

Online shopping isn’t only convenient. Or, select this payment method when shopping with select retailers online. When shopping on a partnered retailer’s website, simply add items to your online cart as usual. If you’re new to credit, you can also look into a secured credit card. How does Klarna work?

Retail 52

Retail Cards Payments Online 52

CB Insights

APRIL 17, 2018

Brian Singerman started his career as a Software Engineer for 3D online virtual-world company, There Inc. Mary began her career as a securities analyst in 1986. in Australia and South Africa before taking up various roles with online city guide business CitySearch in 1996. BRIAN SINGERMAN. MARY MEEKER. JEREMY LIEW.

San Francisco 71

San Francisco CA Capital Operations 71

Fintech Labs Insights

DECEMBER 5, 2016

Speaking at FinovateFall 2016 in September, Daon President of the Americas Conor White asked attendees about their own experience with cart abandonment online. So do we have a security problem or a convenience problem?” You can be secure and your customers will be happy.” Headquartered in Reston, Virginia.

Security 12

Security Mobile Technology America 12

Fintech Labs Insights

JULY 8, 2016

The end result is a solution that will enable marketers to pool their customer data, allowing Neustar and Experian to find customers online. The Virginia-based company recently partnered with Twitter in Spain to help marketers optimize their campaign spending by offering insights using its MarketShare DecisionCloud planning tool.

Data 15

Data Marketing Virginia Digital Strategies 15

Fintech Labs Insights

MARCH 22, 2016

The Series A round for online small business lender, StreetShares , is off to a strong start with lead investor Fenway Summer Ventures putting $4.5 Paredes to its board of advisors in November and, in October, StreetShares announced a partnership with online marketplace, FedBid. million into the company.

Virginia 12

Virginia Lending Community Online 12

Fintech Labs Insights

SEPTEMBER 1, 2016

Online payment service. Online insurance broker. HQ: Reston, Virginia. Tags: Institutions, analytics, BI, compliance, security. HQ: Shenzen, China. Source: Crunchbase. Latest round: $15 million Series B. Total raised: $15 million. Source: Crunchbase. Mobile insurance broker. Latest round: $14.75 million Series A.

New York City 18

New York City Company Fintech Comparison 18