Financial technology provider PYMTS and Amount study findings have determined buy now, pay later (BNPL) users prefer versions of the service through their bank rather than through a fintech provider. ...
Read More
U.S. Reps. Earl Blumenauer (D-OR) and Steve Cohen (D-TN) are urging the Tennessee Valley Authority (TVA) not to cut off its services to state-legal cannabis businesses in Mississippi. “We write t...
Read More
The U.S. Securities and Exchange Commission (SEC) recently proposed rule changes as a means of reducing risks in the clearance and settlement of securities. “These proposed amendments to the secu...
Read More
Credit Union National Administration (CUNA) officials sent a letter to the Senate Agriculture Committee this week, calling upon Congress to ensure that digital ledger technology comes with proper cons...
Read More
Organic medical marijuana producer FARMACEUTICALRX has detailed a $34 million senior secured term loan via Chicago Atlantic. The transaction will expand the company's Ohio medical marijuana operat...
Read More
A bill recently introduced in the U.S. Senate would eliminate the tax code provision in the American Rescue Plan (ARP) that requires third-party payment platforms to report businesses’ gross transac...
Read More
Sen. Pat Toomey (R-PA) has requested the Government Accountability Office (GAO) examine Community Development Financial Institution (CDFI) funding initiatives. Officials indicated the request revol...
Read More
According to a new survey, roughly 62 percent of people who invest in cryptocurrency would do so through their bank if it offered a crypto investment functionality. "Our survey shows people want t...
Read More
A group of U.S. Congress members expressed their support for and offered guidance on a proposed rule by the Financial Crimes Enforcement Network (FinCEN) that would implement sections of the Corporate...
Read More
U.S. Rep. Chellie Pingree (D-ME) has introduced a bill she said seeks to address unresolved issues in implementing the 2018 Farm Bill hemp provisions. Pingree said the Hemp Advancement Act of 2022 ...
Read More