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Sessions Facing Pushback For Strict Pot Laws By Banking Industry

Sessions Facing Pushback For Strict Pot Laws By Banking Industry
Sessions Facing Pushback For Strict Pot Laws By Banking Industry
June 18, 2018  |  Bank Regulation

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...

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BIS: Bitcoin Will Never Be Mainstream; Could Take Down Internet
BIS: Bitcoin Will Never Be Mainstream; Could Take Down Internet
June 18, 2018  |  Bitcoin

The Bank of International Settlements unleashed a scathing criticism of cryptocurrency over the weekend, saying that it will never be mainstream for financial services. Get...

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Central Bank Eyes More Regulation For FinTech, Shadow Banks
Central Bank Eyes More Regulation For FinTech, Shadow Banks
June 18, 2018  |  Legal & Regulation

The Bank for International Settlements (BIS), a forum for the world’s central banks, wants specific regulations that were introduced after the 2008 financial crisis to...

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Google To Invest $550M In JD.com For 1 Percent Stake
Google To Invest $550M In JD.com For 1 Percent Stake
June 18, 2018  |  Google

Google, aiming to boost its presence in Asian markets that are seeing fast growth, is investing $550 million in JD.com, the Chinese eCommerce company. Get...

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Google Attracts Partnerships Post-Amazon/Whole Foods Deal
Google Attracts Partnerships Post-Amazon/Whole Foods Deal
June 18, 2018  |  Google

One year after Amazon acquired Whole Foods for $13.7 billion, one surprising company is reaping rewards from the deal: Google. Get the Full Story Complete...

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Venmo To Phase Out Web Support
Venmo To Phase Out Web Support
June 18, 2018  |  Payment Methods

Venmo, the peer-to-peer payment app owned by PayPal, is gearing up to discontinue web support for its payment service. TechCrunch, citing an email to users,...

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US Bank Profit Payouts To Reach $170B
US Bank Profit Payouts To Reach $170B
June 18, 2018  |  Bank Regulation

Some of the country’s largest banks should soon be handing over more capital to investors than they are generating for the first time since the...

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Holmes Out As Theranos CEO, Faces Fraud Charges
Holmes Out As Theranos CEO, Faces Fraud Charges
June 15, 2018  |  Cybersecurity

The bloodletting continues at Theranos. Now it has claimed the company’s founder and CEO, Elizabeth Holmes. Get the Full Story Complete the form to unlock...

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