PayPal To Pay $7.7M For Violating US Sanctions Against Iran, Cuba, SudanThe Office of Foreign Assets Control said PayPal didn't adequately screen transactions so it could detect those by people or entities subject to sanctions against Iran, Cuba and Sudan.
Facebook Unveils Friend-To-Friend Payments In MessagesFacebook is taking a seat at the wireless payment table by now allowing users to send money to one another with its Messenger app.
SF City Attorney To Appeal Court’s Ruling To End Ellis Act-Relocation PaymentsSan Francisco’s City Attorney Dennis Herrera announced on Wednesday that they would appeal a federal court’s ruling that quashes mandatory relocation payments for the city’s tenants evicted through California’s Ellis Act.
Gov. Brown Signs Bill Legalizing Bitcoins, Other Virtual CurrenciesGovernor Jerry Brown signed a law last week legalizing currency other than U.S. dollars, opening doors for digital currencies like Bitcoin, Ripple, Peercoin and Primecoin to used in transactions across California.
Students Could Find Debt Relief In Program Expanded By President ObamaUp to 5 million Americans struggling to make their monthly student loan payments could find relief under a program President Barack Obama expanded Monday, part of an election-year push by Democrats to paint Republicans as blocking common-sense steps that could help the middle class.
Homeowners With Home Equity Lines Of Credit Could Face Ballooning Monthly PaymentsMillions of homeowners who took out Home Equity Lines of Credit during the housing boom are facing a looming deadline that could mean much larger monthly payments.
San Rafael To Explore Whether It Should Pay Homeless To RelocateSan Rafael is exploring whether it should emulate a plan used by the city of Albany to reduce the number of homeless people in the city by paying them to move.
PayPal Looks To Conquer Payments In SpacePayPal wants to explore space -- or at least begin to figure out how payments and commerce will work beyond Earth's realm once space travel and tourism take off.
Workers Test New Electronic Toll System On Golden Gate BridgeWorkers on the span have begun to test the new all-electronic tolling system Wednesday morning, in hopes of fully implementing it by late March.
Phil Matier: AC Transit Taking Big Loss On Home Of Former GMAC Transit foreclosed on the home in July, six months after former GM Rick Fernandez stopped making his loan payments.
Lenders Say Stockton Bankruptcy Costing Millions, While City Continues Pension PaymentsA bond insurer said lenders are losing millions in Stockton’s bankruptcy while the city continues to fund pricey pensions.
Controller: California Could Face Cash Crunch By MarchState Controller John Chiang sent a letter to lawmakers, telling that immediate action needs to be taken or California will run out of cash by early March.