PayQwick, the closed-loop payment platform geared for the legal marijuana industry, announced Monday (Nov. 7) its payment processing, banking and compliance platform exceeds California State Board of Equalization track-and-trace recommendations and federal guidelines. Get the Full Story Complete the form to unlock this article and...
Wells Fargo’s new CEO Tim Sloan said on Thursday that a comprehensive review of the bank’s sales practices will be done ‘relatively quickly’ before unveiling the immediate changes going into place under new retail banking head Mary Mack. Get the Full Story Complete the form to...
Finextra reported that Switzerland’s Federal Council is attempting to ease regulations on FinTech firms by the beginning of next year. The council has introduced a three-point plan it hopes will increase competition in the nation’s financial sector. Get the Full Story Complete the form to...
Lots of people in the U.S. will be sitting on pins and needles awaiting the election results a week from Tuesday. Not bankers, says Karen Webster, who says that they should simply grab a few stiff drinks and call it an early night. Regardless of...
In the fallout of Wells Fargo’s scandal over unauthorized customer accounts, regulators may force publicly-traded banks to adhere to in-person of sales practices and procedures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The ranking member of the Antitrust Subcommittee of the House Judiciary Committee, U.S. Rep. Henry “Hank” Johnson (D-GA), and other lawmakers have called on the Federal Trade Commission to investigate reports of anticompetitive activity in the app marketplace. Get the Full Story Complete the form...
Given Samsung’s recent run of troubles — and the fact that said troubles issue from an exploding phone — it was likely just a matter of time before the lawsuits began. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
According to financial services watchdog FINMA, about 15 Swiss banks are exposed to the risk of money laundering — or are in what they the call the “red zone.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Airbnb and HomeAway are facing calls from a group of lawmakers and community groups that want the Federal Trade Commission to investigate the firms, alleging the home rentals are operating as hotels. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
