PYMNTS

APRIL 13, 2020

As the coronavirus pandemic continues to disrupt personal finances, a study by credit union service organization (CUSO) PSCU shows that overall credit card spending is down 29 percent for the week ending April 5, compared to the same period in 2019. Debit card spending is down 12 percent for the same period. Gas spending was down 55.5

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PYMNTS

DECEMBER 19, 2018

San Francisco-based FinTech company Square, known for its white card readers, has once again decided to become a banking establishment, according to a report in The Wall Street Journal. The company had previously asked to start a bank in September of 2017, but eventually withdrew from the process over procedural issues.

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San Francisco Utah Capital Cards 165

South State Correspondent

JULY 24, 2024

If you bank in a fast-growing state such as Nevada, Utah, Idaho, Arizona, Texas, Florida, or South Carolina, population and business formation growth result in lower acquisition costs. They open a $60,000 transaction account and a debit and credit card but don’t need treasury services.

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South Carolina Marketing Capital Idaho 417

PYMNTS

NOVEMBER 12, 2020

Dave’s digital bank account and debit card have no minimum balance requirement, no overdraft fees and access to 32,000 MoneyPass ATMs, fee-free. Galileo, headquartered in Salt Lake City, Utah, supports a variety of payment solutions.

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Utah ATM America Digital Banking 143

PYMNTS

SEPTEMBER 11, 2017

The mobile payments firm announced plans last week to open up a physical branch in Utah, to be called Square Financial Services. That assertion comes with the inclusion of peer-to-peer (P2P) payment and B2B payments, moving beyond traditional card transactions. Square was the biggest gainer on the week, up 4 percent.

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Payments Utah United States Mobile 148

BankInovation

JULY 22, 2021

Saying that Tab Bank, a fully digital bank headquartered in Ogden, Utah, began as a modest operation, would be an understatement. Established in 1998, the financial institution was started through an affiliation with a truck stop chain, where truckers could go to fax bills of lading documents to the bank for cards used to pay […].

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Utah Digital Banking Cards Operations 98

American Banker

OCTOBER 27, 2023

Umpqua Bank introduces retail banking in Utah, Kansas City CUSO partners with New York gift-card firm, Huntington Bank looks within for new chief DEI officer and more in the weekly banking news roundup.

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Utah Kansas City Kansas Retail 41

Jeff For Banks

MARCH 15, 2014

This week I did my annual tour of the West, teaching Bank Profitability in the Executive Development Program for the Washington, Oregon, and Utah Bankers'' Associations. But disruptors such as Square, pre-loaded cards, and possibly Bitcoin is making it less critical to have a banking account.

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Industry Oregon Utah Washington 111

PYMNTS

SEPTEMBER 29, 2019

billion despite buying startups and building call centers in Utah and Texas, The Wall Street Journal reported Saturday (Sept. Goldman’s entry into savings accounts and credit cards resulted in early loan losses, people familiar with the matter told the news outlet. The card is stored in the wallet app and doesn’t have any fees.

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Apple Utah Texas Cards 115

PYMNTS

SEPTEMBER 15, 2020

Payments firm Sokin , which offers payment cards in some 75 countries and digital wallets in 150 countries, recently announced plans to utilize biometrics and authentication technology from identity verification provider Jumio to verify users during onboarding.

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Report Los Angeles Fraud Utah 206

Payments Source

AUGUST 22, 2017

Payroc has introduced a mobile acceptance program leveraging iTransact, a Utah-based mobile payments technology firm it acquired last year.

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Utah Mobile Payments Cards 60

PYMNTS

DECEMBER 21, 2020

Rent-A-Center is buying Utah-based Acima , has been the owner of an incredible growth record, even for the payments and credit business. It was also tabbed by Utah Business magazine as the fastest-growing company in the state. Rent-A-Center , the largest provider of lease-to-own purchase plans in the U.S. said Monday (Dec.

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PYMNTS

APRIL 17, 2018

According to news from Mobile Payments Today , under the partnership, PayPal’s mobile card product will be combined with ebizmart’s mobile app Magento. In addition, employers can directly deposit their wages into accounts, while debit cards can withdraw cash at ATMs.

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Delaware Utah Georgia Retail 101

PYMNTS

OCTOBER 16, 2020

The states leading the probe include Arizona, Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee and Utah. Retail Sales, Card Data Point To Continued Consumer Spending Rebound. Several states are moving forward with their own antitrust probe into Google and could decide to join the Department of Justice’s (DOJ) case.

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Google Study North Carolina Nebraska 146

PYMNTS

JUNE 5, 2017

The Justice Department may have left its skirmish against American Express and the issue of “steering,” but nearly a dozen states are battling on against the card issuer in their own fight. On Friday, the Justice Department announced that it would not seek U.S.

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PYMNTS

OCTOBER 24, 2019

In the meantime, you can transfer profits from selling bitcoin to any bank account or debit card linked to your Cash App.”. Square also offers small business loans and has a Visa debit card linked to the app, which lets users treat it like a bank account. Square brought in about $65.5

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San Francisco Bitcoin Utah Google 109

PYMNTS

MAY 28, 2020

We can figure out how to match a record,” Matt Visser, CEO of Victig Screening Solutions, a Utah company sells 10,000 to 20,000 tenant and employment screening reports a month, told the Times. In 2018, the Federal Trade Commission fined RealPage $3 million for using wild-card searches. That is why we are hiring them,” he said.

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PYMNTS

OCTOBER 24, 2019

In the meantime, you can transfer profits from selling bitcoin to any bank account or debit card linked to your Cash App.”. Square also offers small business loans and has a Visa debit card linked to the app, which lets users treat it like a bank account. Square brought in about $65.5

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San Francisco Bitcoin Utah Google 100

PYMNTS

JULY 14, 2020

“Given how much the demand for installments is increasing, we are also using the already existing parts of the credit system today to scale installment payments with every [Visa] card across the board,” Cetin Duransoy , Visa ’s global head of installment solutions, told PYMNTS. Fast and Furious BNPL Action.

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Lending FDIC Minneapolis Utah 130

PYMNTS

JULY 13, 2016

One avenue for rebounding from the vagaries of online lending would be, said WSJ, a move for approval for SoFi to grab a state banking charter in Utah.

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PYMNTS

DECEMBER 20, 2018

Amazon in particular has stated that such settlement options would be a desirable alternative to credit and debit cards. Reuters reported that the license allows non-traditional finance firms to collect government loans, and that the bank would be chartered in Utah. The Fed, of course, has had a request for comment open for a while.

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Utah FDIC System Retail 134

CFPB Monitor

JANUARY 25, 2021

Per the Utah Department of Financial Institutions website, Rakuten Bank America’s application for a Utah ILC charter was received on July 26, 2019 and remains pending. . based bank, Rakuten Bank America. Rakuten’s first FDIC deposit insurance application was filed in July 2019, and was withdrawn in March 2020.

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FDIC Utah America Financial Technology 78

PYMNTS

JUNE 13, 2017

Officially SoFi is looking for an industrial loan charter under the name SoFi Bank in Utah. Instead, SoFi as a bank will exist so it can “provide its customers an FDIC insured NOW account and a credit card product. The bank will offer no other products and services.”.

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PYMNTS

JANUARY 7, 2019

The company has also reported that, at least thus far, there is no indication that the attacks were successful in stealing any credit card information — though they have contacted users affected and advised them to change their passwords. Warby Parker contacted law enforcement when it found out about the breach.

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Data Wyoming Idaho Mobile 139

PYMNTS

NOVEMBER 6, 2019

I think if you look at the economic environment,” Nayar noted, “you see the Fed is cutting the rate, but the banks aren’t cutting rates on credit cards, so the spread between credit card lending and personal loans has never been bigger.”.

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San Francisco Utah Trends Cards 100

CB Insights

NOVEMBER 8, 2021

Utah-based Awardco helps companies go beyond traditional methods of compensation by allowing them to provide employees with recognition, rewards, and professional development. Its Amazon and Priceline partnerships allow the company to provide event tickets, hotel products, swag, gift cards, and custom catalogs as rewards.

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Utah Texas Cards Company 59

PYMNTS

OCTOBER 17, 2017

All industrial banks are chartered in Utah – and there are only 17 such charters issued, 15 of which are currently active. Walmart claimed it wanted to leverage the proposed bank mainly for the purpose of lowering costs of its backroom processing of check and credit card transactions and to offer high-interest certificates of deposits.

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Industry Fintech FDIC Community Bank 108

PYMNTS

MAY 3, 2019

NEA led the Series C investment for the Utah-based firm, which provides SMBs with expense management solutions, and an integrated virtual card tool to capture and manage employee spend. Corporate expense management company Divvy took the lead this week with a $200 million funding round, its third in less than a year, Forbes said.

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Fintech Capital blockchain Management 160

PYMNTS

JUNE 28, 2019

Car IQ’s technology aims to automate and accelerate fleet payments for scenarios like vehicle maintenance and other services, without the need for human intervention or credit cards — a tool that the company said will combat fraud. MX, based in Utah, said it plans to deploy the investment to continue building out its data solutions.

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Capital Analytics San Francisco Lending 108

PYMNTS

MAY 2, 2019

Customers pay by credit card, and Allen also pointed out that the company has a money-back guarantee if a dog isn’t satisfied with the food on the first try. and has three distribution centers, in New Jersey, Illinois and Utah. The Differentiators. For logistics, the company ships to every state in the continental U.S.

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Fintech Labs Insights

OCTOBER 1, 2024

In the last eight years, the corporate charge card market ( see definition below ) has seen the launch of 3 major digital players ( Ramp in 2019, Brex in 2017, and Divvy in 2016) that are already multi-unicorns. Profiles: Challenger SMB Charge Card Issuers 1. 4,800 18 16 Dash.fi (was FunnelDash ) 4 1 Oct 24 2016 Austin $3.7

Cards 29

Cards Online Utah New Jersey 29

Tomorrow's Transactions

SEPTEMBER 29, 2014

I’ve just attended the Smartex Transport Card Forum (TCF) 2014 annual two-day event where I was presenting. Three or four smart card emblems were on display in the window, none of which I recognised. Now that’s what I call convenience — unless you neither have an Oyster card nor a contactless payment card.

Cards 54

Cards Training Utah Operations 54

Banking 2020

NOVEMBER 23, 2015

Annually, America First collects monetary donations to purchase new shoes for economically disadvantaged children throughout Utah and in the Las Vegas, Nevada area. This year America First will donate to 18 schools and service organizations donating over 1400 pairs of shoes to children throughout Utah and Nevada.

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America Utah Las Vegas Nevada 40

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Virtual card issuance. Business lending and corporate cards. Fraud prevention tools. Supporting merchant partner growth. Growing the internet economy.

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CFPB Monitor

SEPTEMBER 21, 2015

Hughes, Senior Vice President of Card Marketing, Discover Financial Services, Deerfield, Ill. Allen, Chief Compliance Officer, Bank of American Fork, American Fork, Utah. Hinojosa-Ojeda, Associate Professor, University of California Los Angeles Division of Social Sciences, Los Angeles, Calif. Christopher G. Kathleen J.

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CB Insights

MAY 10, 2021

Divvy: Utah-based Divvy is a spend management platform that integrates expense management and smart corporate cards into a single platform for enterprises. The deal is expected to be completed by the end of Bill.com’s first fiscal quarter on September 30, 2021. WHO ARE THE PARTIES TO THE DEAL?

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San Jose Management Houston Utah 36

PYMNTS

OCTOBER 21, 2017

Instead, the current horse population looks a lot more like the population of the fine state of Utah, which boasts a population of approximately 3 million horses. Signatures on receipts, for example, will likely become a thing of the past by the time the Class of 2035 makes its first credit card purchases. There is a reason for that.

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How To United States Security Utah 103