California

Revolut Plans To Apply For Banking License In The US
Revolut Plans To Apply For Banking License In The US
June 04, 2018  |  Banking

After applying for a banking license in Europe, Revolut plans to apply for one in United States in the near future. Chief Executive Officer Nikolay...

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Rabobank Former Execs Could Face Charges Over Alleged Drug Money Coverup
Rabobank Former Execs Could Face Charges Over Alleged Drug Money Coverup
May 11, 2018  |  Security & Fraud

Rabobank‘s former Chief Executive Officer John Ryan could face criminal charges from the Justice Department. According to a report in the American Banker, the former...

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No Breaks For Mortgage Bankers Costs Wells Fargo $97M
No Breaks For Mortgage Bankers Costs Wells Fargo $97M
May 10, 2018  |  Bank Regulation

After workers reportedly didn’t get rest breaks, allowed by California’s strict labor rules, Wells Fargo will have to pay $97 million to private mortgage bankers...

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California Now The Fifth Largest Economy
California Now The Fifth Largest Economy
May 07, 2018  |  Economy

California has hit a new milestone. It is now the fifth largest economy in the world, surpassing the U.K., according to Fortune. Citing new federal...

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Gig Economy Companies Dealt A Blow With California Supreme Court Ruling
Gig Economy Companies Dealt A Blow With California Supreme Court Ruling
May 01, 2018  |  Gig Economy

The gig economy companies were dealt a blow Monday (April 30) after the Supreme Court in California ruled that gig economy companies can’t count workers...

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Amazon, Walmart And Recording Artist Pitbull: The Big Names With New Blockchain Projects
Amazon, Walmart And Recording Artist Pitbull: The Big Names With New Blockchain Projects
April 25, 2018  |  B2B Payments

In a new survey released by business software information firm Capterra on Tuesday (April 24), small businesses (SMBs) revealed their interest in blockchain technology —...

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Tesla ‘Supercharges’ Charging Stations With Retail
Tesla ‘Supercharges’ Charging Stations With Retail
March 15, 2018  |  Retail

As drivers of electric vehicles spend more time waiting at charging stations than drivers of traditional cars spend at the pump, Tesla is planning a retro-themed charging...

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Bitcoin Daily: Binance Goes Black, Japan Readies For More Crypto Raids
Bitcoin Daily: Binance Goes Black, Japan Readies For More Crypto Raids
February 09, 2018  |  Bitcoin

One of the European Central Bank’s (ECB) top policymakers is the latest in a host of leaders calling for regulation of digital currencies, Reuters reported. Cryptocurrencies...

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California Moves Forward On Effort To Bank Marijuana Businesses
California Moves Forward On Effort To Bank Marijuana Businesses
January 29, 2018  |  B2B Payments

California is pressing forward with efforts to provide legal banking services to marijuana businesses as cannabis companies struggle to get banked. Reports in The San Francisco...

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