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02.16.17

N.Y. Grants Global Cash Card Petition against Labor Dept. Paycard Regs

Payroll card providers that operate in New York can breathe a huge sigh of relief. Global Cash Card tells Paybefore that its petition against the New York Department of Labor payroll card regulations due to go into effect on March 7, 2017, has been granted. The industry had been raising red flags about the regulations, which many feared would result in providers exiting the market, since first proposed in 2015.

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Mobile & Emerging Payments

02.16.17

Webinar Recap: How to Capitalize on Millennial Paycard Opportunity

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More than 5 million U.S. millennials don’t have a checking account, and a third say payroll cards would be a valuable way to receive wages. With their distaste for traditional bank accounts and high level of interest in payroll cards, millennials represent a natural and significant market opportunity.

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Pay Studio

02.16.17

Innovators’ Spotlight: Raise

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The Chicago-based startup enables consumers to easily purchase and redeem e-gift cards right from their smartphones, essentially turning unwanted e-gifts into a convenient and useful form of digital currency.

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Retail

02.15.17

8th Circuit Tells Lower Court to Take another Look at Target Data Breach Settlement

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The case creates new issues surrounding standing and how to resolve and settle class action claims in the context of privacy and data protection suits, where some members of a group have not suffered concrete harm and thus may not be able to meet the concrete and particularized injury prong of the test for standing.

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Op-Ed

02.09.17

Investing in Innovation: Payoff ahead

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We’re only six weeks into the New Year and already we’ve seen significant activity on the regulatory front in the U.S. and more to come in the U.K. and Europe. Meanwhile, many of the other trends we identified as ones to watch in our Year-in-Review report—bots, blockchain and co-opetition—have been dominating the headlines (along with some major acquisitions). Are you investing in the right places?

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Government Watch

02.16.17

N.Y. Grants Global Cash Card Petition against Labor Dept. Paycard Regs

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Payroll card providers that operate in New York can breathe a huge sigh of relief. Global Cash Card tells Paybefore that its petition against the New York Department of Labor payroll card regulations due to go into effect on March 7, 2017, has been granted. The industry had been raising red flags about the regulations, which many feared would result in providers exiting the market, since first proposed in 2015.

Sponsored by:

On The Move

02.15.17

Federal Reserve Bank Regulator Daniel Tarullo Will Step Down in April

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The Federal Reserve governor who overseas bank regulations—a man known for applying a strict interpretation of the Dodd-Frank act in his duties—said he will resign in April. The upcoming vacancy will give President Trump a chance to appoint someone who shares his vision of deregulating the U.S. financial system.

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