New York has banned the ban. In the wake of court filings this week that effectively ended a challenge to surcharges on credit card transactions in New York, merchants in the Empire State can indeed embrace those fees, contingent upon stating those costs to consumers...
A California lawmaker wants to make paper receipts a thing of the past. 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 Today....
A New York State politician announced the creation of what he called the nation’s first cryptocurrency task force, to “study how to properly regulate, define and use” the currency, according to a Facebook post and reports. Get the Full Story Complete the form to unlock...
The Consumer Financial Protection Bureau (CFPB) announced on Thursday (Jan. 3) that it had reached a settlement with USAA Federal Savings Bank over allegations that the bank violated the Electronic Fund Transfer Act, among other transgressions. Get the Full Story Complete the form to unlock...
Denmark, still recovering from a $230 billion money laundering scandal at Danske Bank, is going to propose new ways for its financial regulator to stop being so close to the banks that it supervises, according to a report in Financial Times. Get the Full Story...
New technologies face numerous tests that go beyond whether they work. Will consumers use them for daily or near-daily tasks? Are there pragmatic business models associated with them? How will they scale? Get the Full Story Complete the form to unlock this article and enjoy...
The peer-to-peer (P2P) industry in China could see the number of players decline by as much as 70 percent in 2019, reported Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Massachusetts Cannabis Control Commission will not look into agreements between state municipalities and marijuana companies — despite the fact that cannabis advocates and legal experts believe the arrangements are unfair. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Under U.S. President Donald Trump, major businesses have seen less new regulation and an increase in the deregulation of existing rules, according to a report by The Financial Times. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...