Congress’ New Digital Assets Chairs Have a Crypto-Friendly History
The incoming U.S. Senate will have its first-ever subcommittee on digital assets, chaired by longtime bitcoin advocate Cynitha Lummis (R-Wyo.). This will complement the Financial Services Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence, which will be chaired in the new Congress by Bryan Steil (R-Wisc.). Both incoming chairs have a strong history of […]
Shopify Highlights the Growing Demand for Enterprise Point-of-Sale Systems
Point-of-sale (POS) systems have evolved far beyond simply processing transactions at brick-and-mortar retailers, according to a trends report from Shopify. As a business scales, it often struggles to meet consumer expectations for omnichannel shopping experiences. Tracking and managing inventory across e-commerce and physical locations can lead to challenges that quickly mount up. Left unchecked, these […]
New Section 1071 Rules Put Banks Under the Compliance Microscope
Federal regulators have targeted unfair lending practices for more than a decade, with the fallout from the 2008 financial crisis prompting the introduction of numerous new rules designed to protect consumers from predatory lenders. Now, these regulators are shifting their focus from consumer-facing loans to small business loans—specifically, those issued to businesses with under $5 […]