BayPay Members Blogs

This additional resource is sponsored by The BayPay Forum.

What is your opinion on the C&D order that Square received from Illinois?

The state of Illinois has issued a cease-and-desist order to Square. State regulators wrote in the order ( PDF ) that Square is " engaged in the business of transmitting money...
Continue reading
  2664 Hits
  0 Comments
2664 Hits
0 Comments

Illinois Tells Square To Stop Taking Payments



The state of Illinois has issued a cease-and-desist order to  Square , the mobile-payments company.   State regulators wrote in the order ( PDF ) that Square is "engaged in the...
Continue reading
  1490 Hits
  0 Comments
1490 Hits
0 Comments

Financial Regulators Propose Guidance on Social Media

The Federal Financial Institutions Examination Council (FFIEC) today released proposed guidance on the applicability of consumer protection and compliance laws, regulations, and policies to activities conducted via social media by banks,...
Continue reading
  2053 Hits
  0 Comments
2053 Hits
0 Comments