Issuers Deal With Colorado Pot Policies
Why It’s Hot With marijuana still illegal under federal law, issuers are finding themselves without a clear legal directive on whether they can process payments for this potentially lucrative new industry as legalization goes live in Colorado. Still, some are easing their rules.
Karen’s Commentary – There’s always bitcoin…
PYMNTS Commentary – We’d take bets on whether this will be settled before or after Durbin, but we’re not confident we’ll remember this bet by then.
Top Tweet – @BillyBambrough – Visa and MasterCard not cool with their cards being used to by legal weed in Colorado
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Google Glass Needs Fashion-Friendly Makeover, Study Says
Why It’s Hot Google Glass has been lauded as a iPhone-sized innovation, and as such, major payments players have been rushing to power its payments. But, could fashion-conscious consumers deal it the deathblow?
Karen’s Commentary – Google Glass has coined a new fashion term …”Naught Couture.” I just don’t see it.
PYMNTS Commentary – Hey, beauty is in the eye of the beholder…
Top Tweet – @BoingBoing – Google Glass is a borg mullet http://dlvr.it/4gH64c
Amazon Exec Calls In The Navy
Why It’s Hot Amazon’s top exec Jeff Bezos had a recent cruise interrupted by a kidney stone attack. Luckily, Bezos was given a helping hand by the Ecuadorian Navy, which helped him obtain necessary medical attention
Karen’s Commentary – Sort of puts a whole new meaning into his Amazon Air concept, don’t you think?
PYMNTS Commentary – Where are the drones when you need them? Jokes aside, we’re glad Bezos is OK. What would payments be without him?
Top Tweet – @reformed broker – same-day shipping. RT @DanielPink: Ecuador navy airlifted Jeff Bezos for kidney stones