AB500 — Provides for the licensure and regulation of payments banks. (BDR 55-999)

AB500 — Provides for the licensure and regulation of payments banks. (BDR 55-999) · Informed CitizenryAB500 establishes a regulatory framework for the licensure and oversight of payments banks by the Commissioner of Financial Institutions. The bill defines key terms such as 'payments bank,' 'mercha…Open in Informed Citizenry