PYMNTS

AUGUST 8, 2019

The New York State Department of Financial Services (NYDFS) has announced it will lead a multi-state investigation into alleged violations of state regulations of the short term lending industry, specifically in the area of payroll advances. Many people living paycheck to paycheck already make more than median income.”.

Puerto Rico 134

Puerto Rico Regulation New York South Dakota 134

PYMNTS

DECEMBER 13, 2018

CUs are also actively communicating with law enforcement agencies, keeping regulators informed about suspicious activity, while receiving tips on noticeable trends that these same agencies are eyeing. Recently, though, many CUs have turned to technology-driven solutions to help members more efficiently communicate their needs and feedback.

Regulation 135

Regulation South Dakota ATM New York City 135

PYMNTS

SEPTEMBER 3, 2019

Merchants working to expand and sell online in more markets must comply with each market’s local sales tax regulations, however, and that is an increasingly complicated task. Deep Dive: The Unfolding Legacy of South Dakota v. The Supreme Court’s 2018 South Dakota v. There are already more than 2.5

Taxes 133

Taxes South Dakota Online Report 133

PYMNTS

SEPTEMBER 3, 2019

2018: The year of the Supreme Court decision in the South Dakota vs. Wayfair case. And, in retail, The North Face is offering outdoorsy experiential retail in the city, while PUMA brought its first-ever North American flagship store to New York. All this, Today in Data. 659B : Estimated potential value of U.S.

Taxes 122

Taxes South Dakota Technology New York 122

PYMNTS

JANUARY 13, 2021

With the national trust bank charter, South Dakota-based Anchorage will become Anchorage Digital Bank , National Association. The clarity of being regulated by the oldest regulator for banks in the United States … sends a very clear message.”. In other news, the U.S.

South Dakota 131

South Dakota Digital Banking Bitcoin cryptocurrency 131

PYMNTS

SEPTEMBER 4, 2019

That all changed last year with the Wayfair vs. South Dakota ruling that sought to level the playing field for brick-and-mortar stores. Will this increasingly regulated online sales tax environment affect this growth? This is in opposition to the policy established in the 2018 South Dakota v.

Taxes 129

Taxes Online South Dakota Louisiana 129

PYMNTS

NOVEMBER 22, 2019

Politicians, as well as privacy advocates, have asked regulators to block the deal. South Dakota Decision. Lawyer George Isaacson argued Wayfair’s side in the landmark 2018 South Dakota v. They fear Google will tap Fitbit’s data to roll out a healthcare service. What Wayfair’s Lawyer Says About The Wayfair v.

South Dakota 101

South Dakota Apple Taxes Cards 101

PYMNTS

MAY 19, 2020

Over in Deadwood, South Dakota, 13 of the 21 casinos in have opened again. online gaming sites harness online payments, methods have to be licensed on a state-by-state basis, and transactions are subject to local regulations. Customers reportedly cooperated with temperature checks and social distancing. The state has earned $24.3

Online 130

Online Louisiana South Dakota Mississippi 130

PYMNTS

DECEMBER 9, 2020

These coins often change hands through cryptocurrency exchanges like South Dakota-based BitGo , which was founded in 2013 and specializes in tokenized forms of cryptocurrency known as wrapped bitcoin. regulations.”. compliance regulations or have the necessary equivalent documents for verification. The year 2020 saw 18.42

cryptocurrency 166

cryptocurrency South Dakota Bitcoin Regulation 166

PYMNTS

JANUARY 3, 2020

The European Central Bank (ECB) policy maker urged area banks to be cautious about cryptocurrency from the private sector, a concern shared by various regulators and countries around the world. US 2019 Auto Sales Were Lowest In Five Years.

CA 130

CA Lending Apple South Dakota 130

PYMNTS

DECEMBER 30, 2019

Aftershocks from the South Dakota v. Wayfair Supreme Court decision continue to rattle online merchants, as three states (California, Louisiana and South Carolina) are now trying to collect eCommerce sales tax retroactively, as far back as five years. To date 43 states and Washington, D.C.

Taxes 130

Taxes Alaska South Dakota South Carolina 130

PYMNTS

NOVEMBER 26, 2019

Businesses depend on the public services tax revenues pay for: roads that facilitate deliveries, courts where firms resolve legal disputes and regulators that help protect businesses from fraud. Economic nexus and marketplace facilitator tax policies rolled out following the 2018 South Dakota v. SSUTA’s Role in South Dakota v.

Taxes 141

Taxes South Dakota District of Columbia Compliance 141

PYMNTS

NOVEMBER 22, 2019

South Dakota Decision. Lawyer George Isaacson argued Wayfair’s side in the historic 2018 South Dakota v. House of Representatives lawmakers said antitrust regulators should take action against larger tech companies, which typically evade much oversight at the expense of smaller players. Wayfair case.

South Dakota 108

South Dakota Google Taxes Branding 108

PYMNTS

NOVEMBER 29, 2019

As has been well-reported in this space, the regulatory landscape is changing for companies in the wake of the 2018 Supreme Court decision captioned South Dakota v. For some of these people who have been audited by South Dakota, they have no idea that the next letter they are going to get will come from New York,” Peterson said.

Taxes 134

Taxes South Dakota New York Nebraska 134

PYMNTS

NOVEMBER 20, 2017

What’s more, in South Dakota, a borrower’s driver’s license can be suspended, which makes it close to impossible for them to get to work. That’s according to a news report in CNBC that found that in 19 states, government agencies can take away student loan borrowers’ licenses if they default on their debt.

South Dakota 129

South Dakota Tennessee New York Taxes 129

PYMNTS

OCTOBER 28, 2019

The 2018 South Dakota v. The Massachusetts legislature has proposed a regulation that would obligate remote sellers above a certain sales volume to file, and Pennsylvania has already issued a similar demand. Many online sellers worldwide were — and continue to be — surprised by the South Dakota v.

Taxes 105

Taxes South Dakota Retail Arizona 105

CFPB Monitor

AUGUST 7, 2019

The DFS states that the investigation will focus on “whether companies are in violation of state banking laws, including usury limits, licensing laws and other applicable laws regulating payday lending and consumer protection laws.” Illinois Department of Financial Professional Regulation. Oklahoma Department of Consumer Credit.

Industry 92

Industry Puerto Rico South Dakota North Dakota 92

American Banker

NOVEMBER 4, 2016

Depending on the outcome of the election, the fight over two conflicting state ballot initiatives could provide a road map for the embattled payday lending industry or consumer activists seeking bans in other states.

South Dakota 28

South Dakota Lending Industry Regulation 28

Perficient

JULY 11, 2022

Pay in 4 is not currently available for residents of Missouri, New Mexico, North Dakota, South Dakota, Wisconsin, or any US Territories. Consumer advocate groups and regulators have also brought forth concerns about the ramifications of BNPL existing outside of the normal credit-reporting system.

Fintech 474

Fintech Trends Apple South Dakota 474

CFPB Monitor

OCTOBER 17, 2022

3) grants Congress the power “[t]o regulate Commerce. To allow Minnesota to apply its bullion regulatory scheme to transactions its residents conduct wholly in South Dakota, South Carolina, or South Korea would be to ‘arbitrarily [] exalt the public policy’ of Minnesota over those jurisdictions. I, § 8, cl.

Indiana 78

Indiana Minnesota Pennsylvania South Dakota 78

PYMNTS

OCTOBER 8, 2019

In 2017, an Arizona Diamondbacks coach was fined for violating Major League Baseball’s on-field regulations because he wore an Apple Watch in the dugout. According to 9to5Mac , “This isn’t the first time a professional athlete has been punished for wearing an Apple Watch during a game.

Apple 123

Apple South Dakota Alabama Kansas City 123

PYMNTS

JULY 13, 2018

Second-quarter net income was impacted by a $481 million one-time expense resulting from a key Supreme Court decision related to online sales, South Dakota v. The bank has been in recovery mode in recent months, as federal regulators launched a series of investigations into consumer and commercial practices at the lender. .

South Dakota 101

South Dakota San Francisco Indiana Wisconsin 101

PYMNTS

OCTOBER 28, 2019

The 2018 South Dakota v. Executives attributed the decline to the impact of states’ decisions to tax online sales and projected the change in regulations could cut into sales growth by 2 percentage points next year. In Q3 2019, 14 states started collected online sales tax and 11 more followed in October.

Taxes 102

Taxes Online San Jose South Carolina 102

PYMNTS

SEPTEMBER 17, 2019

Interest rates on pawn loans vary as they are regulated by states. Regulations require that pawnbrokers request proof of ownership before making a deal with a potential customer — but the less reputable players in the industry have a nasty habit of forgetting to ask. So what is driving the Pawnaissance?

Ohio 151

Ohio Lending Iowa South Dakota 151

Independent Banker

FEBRUARY 24, 2016

Talk about your captive regulator! Even more obviously absurd, one provision would allow community credit unions in seven states—Montana, Alaska, Delaware, North Dakota, South Dakota, Vermont and Wyoming—to serve their entire state. When credit unions say “jump,” the NCUA says, “how high?”.

South Dakota 70

South Dakota North Dakota Montana Wyoming 70

PYMNTS

OCTOBER 25, 2019

The 2018 South Dakota v. Many states are open to tax policy improvements and working toward simpler, streamlined regulations now that they are seeing their laws in action, Bernstein noted. Wayfair ruling paved the way for broadened U.S. tax laws, and some businesses and public sector stakeholders are now pushing back.

Taxes 100

Taxes South Dakota Policies Compliance 100

PYMNTS

SEPTEMBER 30, 2019

State governments began rolling out economic nexus laws after 2018’s South Dakota vs. Wayfair ruling. eCommerce sales tax laws are having unintended consequences in the tobacco industry.

Retail 109

Retail Taxes Virginia South Dakota 109

CFPB Monitor

APRIL 25, 2022

As we will discuss, the timing of the Consent Order indicates that even when regulators permit crypto activities by financial institutions, they remain cautious, particularly as to BSA/AML compliance. The Board must submit the Action Plan within thirty days of the date of the Consent Order.

Compliance 78

Compliance Digital Banking Training South Dakota 78

PYMNTS

FEBRUARY 9, 2018

The story has included the digital currency’s price plunging over the last month, as well as a wave of regulators – from Seoul to Singapore to Beijing to Berlin – who have suddenly realized that perhaps cryptocurrency in general needs a long, hard look. Not Much of a Competitor.

Bitcoin 102

Bitcoin South Dakota Minneapolis cryptocurrency 102

PYMNTS

JUNE 24, 2016

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. A pretty clear-cut sizzle.

Lending 101

Lending Online South Dakota North Dakota 101

CFPB Monitor

SEPTEMBER 9, 2020

93a, the OCC is generally “authorized to prescribe rules and regulations to carry out the responsibilities of the office.” Citibank (South Dakota), N.A., The OCC clearly has the authority to adopt the Proposed Rule. Under 12 U.S.C. § 12 U.S.C. § 1 (emphasis added). As the Supreme Court instructed in Smiley v.

FDIC 78

FDIC National South Dakota Lending 78

American Banker

NOVEMBER 4, 2020

Referendums that legalized marijuana and sports wagering in several states could incentivize banks to do business with companies in these sectors. Payday loan and privacy measures that passed Tuesday also have implications for the industry.

Industry 78

Industry South Dakota Company Nebraska 78

CFPB Monitor

MARCH 3, 2017

All of the rules and regulations passed by the CFPB would have to be unwound, which would require courts, compliance attorneys, and industry to determine what the current state of the law would be had the CFPB never existed. Senator Mike Rounds of South Dakota introduced a bill that relates to the mechanics of this funding process.

South Dakota 60

South Dakota Nebraska Georgia Texas 60