Itβs the day after Thanksgiving β I hope everyone is having a great time with family.
Here is a list of topics that we discussed today:
π Zelle is in the hot seat with Congress.
π Buy now, pay later in hot water with regulators and why.
π Lots of news with Banks and Investment companies.
π JP Morgan β Trademarks a Crypto Wallet
π Are banks in trouble as Fintech companies are all starting to offer banking as a service (BaaS).
π Crypto in the news β FTX issues, Sofi Bank also in hot water with bank regulators.
π Will congress do anything about Cryptocurrency β with all the stuff in the news and accusing a few companies of pump-and-dump schemes?
π Warning letters sent to CBD companies by the FDA seem to be a non-stop issue, and the lack of rules and one agency in charge of this is also an issue with CBD and Cannabis.
π Having multiple government agencies involved bogs things down as far as moving things along.
We enjoy discussing what is in the news that affects consumers and merchants β itβs important to understand things about financial subjects, and there is a big gap in financial literacy in the USA.
We hope that you enjoy these updates.
Happy Holidayβs!!!
We are thankful for our listeners and customers!
Carpe Diem -Sieze the day!
Visit our podcast page β https://b2bvault.info β if you need merchant services, hit apply and visit our company site!