Checkout.com lands major paytech deal with Sainsbury’s

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“The new Checkout.com-enabled SmartShop functionality will allow customers to pay for their shopping without having to visit a till. Instead, they will pay on-the-go via the Sainsbury’s SmartShop app on their smartphones, saving them time and creating a more flexible shopping experience.”

From Checkout.com lands major paytech deal with Sainsbury’s:

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Telling users to ‘avoid clicking bad links’ still isn’t… – NCSC.GOV.UK

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Telling users to ‘avoid clicking bad links’ still isn’t working
Why organisations should avoid ‘blame and fear’, and instead use technical measures to manage the threat from phishing.

From Telling users to ‘avoid clicking bad links’ still isn’t… – NCSC.GOV.UK:

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Wells Fargo Reaches $3.7 Billion Deal With Regulators Over Consumer Banking – WSJ

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Wells Fargo WFC 0.59%increase; green up pointing triangle & Co. reached a $3.7 billion deal with regulators to resolve allegations that its actions harmed over 16 million consumers.

The settlement with the Consumer Financial Protection Bureau includes a $1.7 billion penalty and over $2 billion in consumer restitution, the regulatory agency said Tuesday.

From Wells Fargo Reaches $3.7 Billion Deal With Regulators Over Consumer Banking – WSJ:

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The Dynamics and Demographics of U.S. Household Crypto-Asset Use

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However, compared with investors in traditional investment accounts, the median crypto user is more likely to come from lower rungs of the income ladder and is more likely to be young and male. Crypto-assets may therefore merit a differentiated policy approach—compared with the existing architecture for traditional markets (e.g., stocks and bonds)—to effectively protect investors and the economy.

From The Dynamics and Demographics of U.S. Household Crypto-Asset Use.

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Agenda | Money20/20 USA

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As we examine the issues around industries that have varying legal and regulatory status, the core issue is identity. And in the digital age, identity is both more vulnerable and more important than ever. Dave Birch is going to jump start our Illegal to Legal summit, helping cut through and providing a central tenet that can help us sort through the confusion.

From Agenda | Money20/20 USA:

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The US Has a Bomb-Sniffing Dog Shortage | WIRED

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The US sources 85 to 90 percent of its detection canines from overseas, particularly from European countries like Germany and the Netherlands. Dogs receive advanced training in a number of subspecialties, including bomb and drug detection and search and rescue. But breeding, genetics, environment, and training during early life are all crucial to producing dogs with the mental and physical characteristics to protect them on the job and enable a good quality of life.

“The canine nose is the best technology we have for locating explosives, so we need to have a very consistent and high-quality source of dogs,” says Sheila Goffe, vice president of government relations at the American Kennel Club. “We used to talk about, ‘Well, what if there’s a global crisis or geopolitical issues, we’re not going to be able to get all of these dogs we’re importing from Europe,’ and then it happened.”

From The US Has a Bomb-Sniffing Dog Shortage | WIRED:

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Cannabis Payment Processing Guide 2023 | Flowhub

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The best current options for cannabis payment processing are compliant point of banking solutions and ACH.

From Cannabis Payment Processing Guide 2023 | Flowhub:

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Marijuana shops across the US are rushing to find alternative ways for customers to pay after networks that supported a popular workaround to the banking system began to shut down last week

From How to Buy Weed? That’s Changing as Cashless ATMs Close – Bloomberg:

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INSTABILL FEATURES

Instabill is a veteran high-risk provider that offers some payment processing services to medical marijuana dispensaries. The company is very transparent about accepting cannabis merchants, and its website includes specific information about which payment methods are available and which particular business types are supported.

The company currently offers the following payment options:

ACH Transfers: You issue cards that your customers can link to their bank accounts to allow in-store or online ACH payments.

From 4 Top Cannabis Payment Processing Companies 2022:

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FedNow

 

R2P

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