{"id":10981,"date":"2017-07-17T22:29:28","date_gmt":"2017-07-18T02:29:28","guid":{"rendered":"https:\/\/www.duck9.com\/?p=10981"},"modified":"2017-07-18T10:20:28","modified_gmt":"2017-07-18T14:20:28","slug":"reading-the-terms-of-service-of-america","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/reading-the-terms-of-service-of-america\/","title":{"rendered":"Reading the Terms of Service of America"},"content":{"rendered":"
\n
\n

\"\"<\/a>PayPal, we discovered that the FDIC had a regulatory inclusion for deposit brokers. So, if we followed the rules of deposit brokers, then the PayPal customers would be legitimately covered by FDIC insurance. This helped banking regulators understand that consumers were being protected on their balances, and so navigated the regulatory relationships. <\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nReid Hoffman (@reidhoffman<\/a>)<\/b><\/td>\n<\/tr>\n
\n
7\/14\/17, 11:58 AM<\/font><\/a><\/div>\n
Alright, entrepreneurs, let’s hear ’em: What\u2019s your “kitchen table moment”? pic.twitter.com\/GapIz71qVu<\/a><\/span><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n


\nPayPal, we discovered that the FDIC had a regulatory inclusion for deposit brokers. So, if we followed the rules of deposit brokers, then the PayPal customers would be legitimately covered by FDIC insurance. This helped banking regulators understand that consumers were being protected on their balances, and so navigated the regulatory relationships.<\/span><\/p>\n\n\n\n\n
<\/span><\/td>\nLarry Chiang (@LarryChiang<\/a>)<\/b><\/td>\n<\/tr>\n
\n
10\/18\/16, 10:08 PM<\/font><\/a><\/div>\n
#cs183law<\/a>— reading the TOS of America helped Reid. And PayPal.  #SiemerSummit<\/a> @christine<\/a> @roryeakin<\/a> @CircleUp<\/a> cc @LendUpLoans bcc #cs183c<\/a> pic.twitter.com\/kE5EgkMxDG<\/a><\/span><\/font><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/span><\/p>\n\n\n\n\n
<\/td>\nChristine Herron (@christine<\/a>)<\/b><\/td>\n<\/tr>\n
\n
10\/18\/16, 3:22 PM<\/a><\/div>\n
‘Regulatory is the pillar without which you can’t build a #fintech<\/a> company’ > @roryeakin<\/a> @CircleUp<\/a> #SiemerSummit<\/a><\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

PayPal, we discovered that the FDIC had a regulatory inclusion for deposit brokers. So, if we followed the rules of deposit brokers, then the PayPal customers would be legitimately covered by FDIC insurance. This helped banking regulators understand that consumers were being protected on their balances, and so navigated the regulatory relationships.  Reid Hoffman (@reidhoffman) […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[],"class_list":["post-10981","post","type-post","status-publish","format-standard","hentry","category-banking-secrets"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/10981","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=10981"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/10981\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=10981"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=10981"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=10981"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}