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Arkansas: The South’s Unexpected Bastion Of Growth

PYMNTS

Arkansas is an easily forgotten state in the Deep South. Landlocked and geographically smaller than some of its surrounding states, Arkansas tends to be better defined by the political personalities it produces. Which is not entirely unfair — Arkansas has produced some very interesting politicians. By The Store Front Numbers .

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US DOJ Charges 14 With $28M In PPP Fraud

PYMNTS

In Arkansas, a project manager employed by a major retailer has pleaded guilty to bank fraud charges for filing fraudulent bank loan applications seeking more than $8 million in PPP loans. Benjamin Hayford, 32, of Centerton, Arkansas, is scheduled to be sentenced on Nov.

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Coinbase Offers Bitcoin Cash Loans Of Up To $20K In 17 US States

PYMNTS

“With today’s announcement, we want to give our customers even more control over their crypto investments, while offering secure access to cash at the same time,” Thorsten Jaeckel , product manager for Coinbase, wrote on the blog.

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What banks can learn from Wal-Mart

Chris Skinner

Even more astonishing, Lore and his management team in Hoboken, N.J., were put in charge of Wal-Mart’s entire domestic e-commerce operation, overseeing more than 15,000 employees in Silicon Valley, Boston, Omaha, and its home office in Arkansas.

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Walmart Forms Company To Sell Insurance Amid Healthcare Push

PYMNTS

As it grows its healthcare offerings beyond low-cost clinics and technology to help patients manage their medications, Walmart has formed a new company to sell insurance policies called Walmart Insurance Services LLC. Walmart opened clinics in Springdale, Arkansas and Loganville, Georgia in June.

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‘Ship-ageddon 2020’ Just Keeps Getting Worse

PYMNTS

“Every mode of shipping is already under tremendous pressure due to COVID-19-related and holiday shopping constraints, and vaccine delivery just adds another element of disruption to the already fragile mix," Sean Maharaj, managing director in the logistics practice of AArete, a global consulting firm, told USA Today.

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Goldman Sachs Denied Dismissal Of Class-Action Lawsuit Over Subprime Mortgages

PYMNTS

The class-action lawsuit – the Arkansas Teacher Retirement System v. Goldman Sachs Group – accuses the investment bank of suppressing secret dealings with a notable hedge fund manager as well as other conflicts of interest prior to the 2008 financial crisis. Securities and Exchange Commission (SEC) investigation.

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