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Swiss financial regulator Finma said Libra would need a payment system license and would be subject to additional rules to take “bank-like” risks into account. The “highest international anti-money laundering standards” would also need to be applied, it said in a statement on Wednesday.

The California Senate passed a bill that could force Uber and other gig economy giants to reclassify their workers as employees.

President Donald Trump urged the Federal Reserve to lower interest rates to a level typically reserved for recessions or periods of persistently weak growth, suggesting that such a setting could allow the government to restructure Treasury debt at a lower cost.

The Texas-based institution will work alongside CU Financial Group to provide insurance solutions for members

Changes in consumer behavior patterns will force banks to reassess the information they use to attract customers.

Dimon doesn’t expect it to happen, but the bank is getting ready just in case; the state will require banks to disclose their relationship with gun sellers.

The information you need to start your day, from PaymentsSource and around the Web:. Today: Amtrak adds mobile payment technology; Real-time pay in the Netherlands; Moneycorp gets license in Brazil; PumaPay's crypto system debuts.

Many Americans are behind in their retirement planning but less than 20% of credit unions provide wealth-management services.

Collections professionals are often overlooked because they are forced into a reactive and uncomfortable role. In reality, collections teams are very similar to the much more lauded sales team, says Billtrust's Derek Bluestone.

Starbucks’ latest innovation doesn’t include camera-driven invisible checkout and doesn’t even come from Seattle. But for rank and file retailers, it may prove even more informative than watching the progress of Amazon Go.