Newsletters

02.27.19

Data Security News: New Federal Privacy Bill?

Are we about to see some bipartisan legislation to improve privacy and data security?


02.27.19

Smoke Signal From Congress: Movement on Cannabis Banking?

Lawmakers recently met to consider cannabis banking, discussing two different bills that have been introduced to solve the problem of providing financial services to an industry that operates under a cloud imposed by federal law.


02.14.19

Newsom’s Six-Month Paid Family Leave Agenda

Shortly after being sworn in as the new governor of California, Gavin Newsom proposed extending California’s current six-week paid family leave (PFL) to six months.


02.14.19

N.Y. Court Signs Off on New Deal Between Networks, Merchants

A New York federal judge granted preliminary approval of the second attempt at a settlement between a class of more than 12 million merchants and two card networks, potentially putting an end to the long-running litigation over interchange fees and various card network rules that apply to merchants ...


02.14.19

Otting Paints Positive Picture for Fintech Charters

Comptroller of the Currency Joseph Otting recently weighed in on fintechs, presenting a positive picture for fintech companies considering seeking a special purpose national bank charter from the Office of the Comptroller of the Currency (OCC).


02.14.19

Pennsylvania Joins Other States With Guidance on Virtual Currency

Is virtual currency “money” for purposes of the Pennsylvania Money Transmitter Act?


01.30.19

Attorney General Nominee Could Ease Marijuana Industry Concerns

The future of financial services for marijuana businesses may be brighter if current nominee for attorney general William Barr is confirmed by the U.S. Senate for the position.


01.30.19

Cards in Courts: NY Surcharge Battle Ends, Amex Claims Tossed

The beginning of 2019 brought updates in the world of payment cards, with what appears to be an end to the long-running litigation over credit card surcharges in the state of New York.


01.16.19

State AGs Deal With Payment Processor, Mobile Apps

In state enforcement news, Massachusetts Attorney General Maura Healey announced a settlement with a California-based payment services provider, while New York Attorney General Barbara Underwood reached a deal with five companies related to security vulnerabilities in their mobile apps.


01.16.19

State-Run Marijuana Bank Option Falters in California

A new study has cast a shadow on plans for a state-owned bank to service the cannabis industry in California.