CFPB Monitor

AUGUST 29, 2016

The CFPB announced that it has entered into a consent order with First National Bank of Omaha to settle charges that the bank engaged in unfair or deceptive acts or practices in connection with the marketing and sale of credit card add-on products and the billing of consumers for such products.

Cards 84

Cards Omaha Policies Compliance 84

American Banker

AUGUST 25, 2016

Two federal regulators have ordered First National Bank of Omaha to pay a total of $35 million over charges that the bank engaged in deceptive marketing of credit card add-on products that some consumers allegedly never received.

Omaha 28

Omaha National Regulation Cards 28

PYMNTS

OCTOBER 8, 2018

Omaha, Nebraska — Buffet’s birthplace — was the home of the First Transcontinental Railroad , which made railroads an important part of the Omaha economy. That was the year Buffett took a 77 percent stake in Burlington Northern — in what he described as a “bet on America” and its resilience in the aftermath of the Great Recession.

Payments 192

Payments Innovation Regulation San Francisco 192

Independent Banker

JUNE 30, 2022

Self Financial handles the technology, including access to online accounts and an app, as well as marketing aspects of the program, and Lead Bank provides the compliance and access to the banking system. Two years ago, Lead Bank and Self expanded the program to include a secured credit card. Sainte Genevieve. Quaint Oak Bank.

Community Bank 172

Community Bank Community National Philadelphia 172

CFPB Monitor

SEPTEMBER 9, 2020

And, Congress has charged the OCC “with assuring the safety and soundness of, and compliance with laws and regulations, fair access to financial services , and fair treatment of customers by, the institutions and other persons subject to its jurisdiction.” First of Omaha Service Corp., 12 U.S.C. § 1 (emphasis added).

FDIC 78

FDIC National South Dakota Lending 78

Fintech Labs Insights

JUNE 25, 2015

Payments risk & compliance management. HQ: Omaha, Nebraska. Tags: Payments, risk, compliance, SMB, merchants, cards, acquiring. Total raised: $15.2 Source: The Oregonian. HQ: Palo Alto, California. Latest round: $12 million. Total raised: $21.5 Source: FT Partners. Canopy Tax (formerly Beanstalk).

Puerto Rico 12

Puerto Rico St. Louis Fintech Company 12

Fintech Labs Insights

MARCH 14, 2016

Payroll, benefits & compliance platform for employers. HQ: Omaha, Nebraska. Tags: SMB, payments, credit/debit cards, merchants, acquiring. Source: Crunchbase. Latest round: $33 million Series C. Total raised: $53 million. HQ: New York City. Source: Crunchbase. Alt-lender for small businesses. Latest round: $28.8

San Francisco 12

San Francisco New York City Fintech Company 12