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A Marquette, Michigan man pleaded guilty to smuggling goods into the United States using fraudulent shipping invoices, according to federal law enforcement officials. Curtis Wenzlaff,… Read More »Michigan Man Pleads Guilty to Illegally Importing Goods into the U.S.
After major retailers, like Rite Aid, CVS, and Walgreens, announced their plans to test the market’s interest in CBD products, the former U.S. Food and… Read More »Hearing About CBD Regulations as More Retailers Enter the Market
Priority Payout Corp. and the owner of the payment processing company are banned permanently from engaging in processing or assisting in it, and must pay… Read More »FTC Bans Payment Processor for Fraudulent Debit Transactions
The multibillion-dollar merger/acquisition between Fiserv Inc. and First Data Corp. may have caught many by surprise, but it makes perfect sense. As the financial-institution market… Read More »Fiserv-First Data Milestone Deal is What’s Needed in Changing Market
The groundwork has been laid for widespread U.S. contactless payments adoption, but what will be the impetus for actually taking shape is a mystery, according… Read More »Widespread U.S. Contactless Payments Adoption May Be Near
Apple Pay is nearing another milestone– it is on track to process 10 billion transactions by the end of 2019. Getting a lift from transit… Read More »Apple Pay Use Soars, Expected to Hit 10 Billion Payments in 2019
With Brexit no closer to a resolution, financial technology businesses are taking matters into their own hands to prepare for its impact on cross-border trade.… Read More »Fintech’s Making Their Own Moves on Cross-Border Trade as Fate of Brexit Looms
The Federal Trade Commission (FTC) estimates that consumers lost $24.6 million from tech-support scams in 2015 and 2016. The average consumer loses about $280 on… Read More »FTC Cracking Down on Tech Support Scammers Targeting Seniors
By 2021, eMarketer projects that 79.3% of smartphone users in China will be swiping, scanning, and tapping at point-of-sale machines. Meanwhile, only 30.8% in the… Read More »What the U.S. Can Learn from China’s Mobile Payment Surge
Regulators’ heads continue to spin as the number of products containing cannabidiol (CBD), including lotions, drinks, hair conditioner, and more, continues to flood the market.… Read More »FDA Struggles to Regulate Flood of New CBD Products