A U.S. Senate panel has voted to block an amendment that would allow banks to open accounts for marijuana businesses without being punished by federal regulators. According to Forbes, the Senate Committee on Appropriations voted 21 to 10 to table the amendment. Get the Full...
States can collect sales taxes from online retailers thanks to a U.S. Supreme Court ruling on Thursday (June 21) that addressed one of the most controversial and longstanding issues in eCommerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Peer-to-peer car-sharing services might soon face the same regulation as traditional car rental companies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...
House Minority Leader Nancy Pelosi has criticized President Trump’s reported pick to head the Consumer Financial Protection Bureau (CFPB), saying that Republicans are more concerned about the interests of banks and financial firms than consumers. Get the Full Story Complete the form to unlock this...
The time for “wait and see” is running out when it comes to new European privacy regulations. Soon enough, the financial and consumer impacts of the General Data Protection Regulation (GDPR) will become clear enough that companies that took a laggard’s approach may start to...
Five years after Silk Road shut down, one of its alleged advisers is being extradited to the U.S. to face newly unsealed charges for his role in the operation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Financial firms have their work cut out for them when battling the bad guys, trying ensure that funds go where they need to go, and that money laundering is not taking place. Easier said than done, and at times the regulators call for reinforcements. Get...
Attorney Jeff Sessions’ strict stance on marijuana companies is facing pushback from the nation’s banks, which are stepping up their lobbying efforts to get more lenient plans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Email marketers are facing roadblocks due to a new regulation that requires consumers to opt in before additional emails can be sent to them. According to a report in CNBC, the rules are hurting the email marketing companies because consumers don’t even open the emails,...
