PYMNTS

OCTOBER 1, 2020

Nowhere is that more true than in the legal cannabis industry where regulations are still evolving. He noted that AeroPay has partnered with Safe Harbor Private Banking , a division of its partner Colorado Credit Union , to provide a digital bank-to-bank payment option for larger cannabis firms. Looking Toward Underserved Markets .

Payments 271

Payments Colorado Marketing Cards 271

Independent Banker

JUNE 30, 2022

Effects of the pandemic and other factors creating unpredictability have changed how community banks approach their credit and lending operations. It also makes a good impression on regulators. Regulators are fearful of banker complacency,” he observes. Solicit regulators’ input—before the examiners arrive.

Management 103

Management Community Bank Community Regulation 103

PYMNTS

OCTOBER 17, 2018

Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana. This forces many operations to continue using cash. They don’t want to spend half their day moving money around and worrying about their employees getting paid in cash.”.

Colorado 126

Colorado Massachusetts US Industry 126

PYMNTS

AUGUST 24, 2018

The recent news that Colorado National Bank had been bought for that sum begs a few questions. They are the owners of Transact Pro , which operates as a payments processing firm in Latvia. And it is a relatively small bank, with just two branches in Colorado. Who were the buyers? And how come so … cheap?

Colorado 101

Colorado Leadership Fintech Operations 101

PYMNTS

SEPTEMBER 9, 2019

It’s too early to tell, but there is at least some speculation that the company could be mandated to change the way it categorizes and presents search results, and billions of dollars in fines may be in the offing, as well as a demand from regulators that the company break itself up. At this writing (Sunday, Sept. The Hearing.

Rhode Island 189

Rhode Island District of Columbia Google North Carolina 189

Independent Banker

SEPTEMBER 30, 2021

Community banks operate on a majority of the country’s military installations. Community banks comprise more than two-thirds of the 66 banks operating on U.S. Noemi Gallardo and Larry Wilson of First Arkansas Bank and Trust pose in front of a C-130 display plane at Little Rock Air Force Base, where the bank operates a branch.

Arkansas 168

Arkansas Community Bank Community Operations 168

CFPB Monitor

SEPTEMBER 10, 2020

Thereafter, “using its existing lending operations and personnel, LoanMart commenced ‘marketing’ and ‘servicing’ auto title loans purportedly made by CCBank, a small Utah-chartered bank operating out of Provo, Utah.” Thus, both the OCC and FDIC have adopted regulations rejecting the Second Circuit’s Madden decision.

Utah 78

Utah California FDIC West Virginia 78

PYMNTS

SEPTEMBER 26, 2019

The bill was sponsored by congressmen Denny Heck of Washington, Ed Perlmutter of Colorado, Warren Davidson of Ohio and Steve Stivers of Ohio. The legislation looks to make sure that state-authorized and regulated cannabis businesses don’t have to operate with only cash. On-Demand Fitness Startup Peloton Pursues $8.2B

Ohio 101

Ohio Payments Colorado Analytics 101

PYMNTS

NOVEMBER 19, 2019

The commentary by Rosen comes in the wake of Monday remarks by the chairman of the Federal Trade Commission (FTC) that multiple investigations into tech platform firms beyond the already disclosed look into Facebook’s operations – but those investigations have yet to be identified.

social media 100

social media Google Colorado Washington 100

PYMNTS

DECEMBER 18, 2018

These schools are publicly funded but operate independently from traditional public schools, adhering to specific school and local or district authority guidelines. These schools have greater autonomy than traditional public schools, but they also face more scrutiny from local regulators. Charter School Spending Lessons.

District of Columbia 122

District of Columbia Cards Colorado Management 122

Independent Banker

OCTOBER 1, 2022

The privacy of customers’ personal information is at the forefront of every community banker’s decisions, says Steven Estep, ICBA assistant vice president of operational risk. CCPA was modeled closely after the European Union’s General Data Protection Regulation (GDPR). Other regulation around consumer data.

Data 91

Data How To Community Bank California 91

PYMNTS

JANUARY 28, 2019

As noted in this space by Karen Webster, the ban on the ban – where, now, in New York, surcharges are allowed when merchants post total prices for transactions – shows the inefficiencies of regulation that supersede card networks’ own rules governing merchant activities.

Cards 125

Cards New York Oklahoma Connecticut 125

PYMNTS

AUGUST 8, 2017

Wells Fargo — after a year of headaches, hassles and a seemingly unending hit parade of scandals — is now facing the ire of regulators who question why the bank is not refunding insurance money owed to customers who paid off their loans early. Guess what Wells Fargo didn’t do?

South Carolina 100

South Carolina Payments Iowa Oklahoma 100

PYMNTS

SEPTEMBER 13, 2016

similar struggles are hitting small businesses operating in states in which marijuana is legal. Government officials have also been working with Colorado and Washington in the U.S. The move also highlights the struggle of small businesses within the marijuana industry to access adequate financial services.

Colorado 100

Colorado Washington Risk Management Industry 100

PYMNTS

NOVEMBER 16, 2018

That means any bank that operates across state lines in the U.S. It is a side effect of the fact that while marijuana is “legal” for some uses in nearly three dozen states, according to the United States federal government, cannabis is a Schedule I narcotic.

Taxes 177

Taxes Payments District of Columbia Alabama 177

Independent Banker

SEPTEMBER 25, 2014

The Banking Compliance Index, an index developed by Continuity Control that measures the incremental, additional workload that is created for an average community bank each quarter, showed that community banks spent more than $150,000 on additional regulations in the last year. General Highlighting Regulation & Compliance'

Community Bank 105

Community Bank Compliance Community Resources 105

Independent Banker

NOVEMBER 30, 2022

Once we’ve been here for 10 years, we are awarded a three-month paid sabbatical,” says Emilie Johnston, chief operations officer. We don’t operate from a position of fear.”. Judith Sears is a writer in Colorado. The bank issues time-of-need bonuses, extended maternity and paternity leave, and even sabbaticals. Reasons to stay.

Community Bank 169

Community Bank Community Montana Leadership 169

PYMNTS

MAY 3, 2016

Alabama has been enforcing online sales tax since the start of 2016, and both Louisiana and Colorado are embroiled in their own battles to extend their taxable reach to a realm of commerce with a scope unimaginable back in 1992. But, unlike in years past, “for now” is looking more and more like an operative phrase.

South Dakota 100

South Dakota Taxes Online North Dakota 100

PYMNTS

APRIL 24, 2017

The company operates on a “one-for-one” business model, which means that it donates one pair of shoes or glasses to communities in third-world countries for every pair sold to a first-world consumer. After all, meeting fair-trade regulations and standards is all about making sure that the right hands get rightfully paid for their work.

blockchain 109

blockchain Denver San Francisco Community 109

Independent Banker

SEPTEMBER 21, 2015

imberly Anderson, senior vice president and chief administrative officer of Cañon National Bank in southern Colorado, became her community bank’s loan compliance officer in 2003. It teaches bankers how to develop a compliance program, meet lending compliance requirements, and comply with deposit and marketing regulations. By Ed Avis.

Compliance 70

Compliance Community Bank Community Training 70

Jeff For Banks

MARCH 29, 2014

We serve the dental and other health professional industries through a centralized loan and deposit platform that operates out of our main office in Dallas, Texas and serves clients in 30 states. Department of Agriculture. Texas Capital Bancshares, Inc.

Strategy 98

Strategy Texas San Antonio Fort Worth 98

Independent Banker

JANUARY 26, 2016

The catch phrase for new nonbank competitors leveraging digital operations and service channels against community banks can conjure up daunting challenges. During the convention workshop, Nichols will provide an “actionable road map” for adopting digital operations and service channels. “If Regulators Luncheon*. Digital Jujitsu.

Community Bank 70

Community Bank Community San Diego Strategy 70

PYMNTS

SEPTEMBER 6, 2019

Experts on dispensaries say such labeling is the only way to get around federal banking regulations. It’s not even a back door, it’s more like an upper window,” Jeremy Skaff of Colorado-based Journey Business Solutions told the newspaper. No other dispensaries in Nevada’s Washoe County take credit cards except the six Blüm shops.

Retail 121

Retail Innovation Colorado Payments 121

CB Insights

APRIL 29, 2019

Today at Automattic, the in-house tax wrangler is in charge of “researching multi-state sales and use tax regulations” and working on “sales, property, excise and VAT taxes” for a company of 600+ people. Health food delivery company Oh My Green is hiring for a happiness manager, aka an operations manager. Remote Funnel Marketing Ninja.

Innovation 78

Innovation Software Taxes Google 78

CFPB Monitor

SEPTEMBER 24, 2019

District Court of Colorado in Rent-Rite Super Kegs, Ltd. Observing that the uncertainty created by Madden has “hinder[ed] the efficient and effective operation of credit markets and impedes fintech innovation,” the lawmakers ask for a “administrative solution” to mitigate the consequences of Madden. World Business Lenders, LLC.”

Colorado 60

Colorado National Policies Lending 60

Gonzobanker

DECEMBER 19, 2017

Heavy-handed regulators. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. One word can summarize this action-packed banking year, GonzoBankers – tiring.

Conference 85

Conference Industry Community Bank Community 85

PYMNTS

AUGUST 11, 2020

In an interview with Karen Webster, Saum Noursalehi , CEO of tZERO Group – a majority-owned subsidiary of Overstock that owns and operates a platform enabling investors to trade shares in private companies through a two-sided marketplace underpinned by blockchain – said that new digital processes can democratize private-market investments.

blockchain 314

blockchain Marketing Capital Colorado 314

PYMNTS

OCTOBER 7, 2019

The bill was sponsored by Congressmen Ed Perlmutter of Colorado, Denny Heck of Washington, Steve Stivers of Ohio and Warren Davidson of Ohio — all members of the House Committee on Financial Services. The legislation aims to ensure that state-authorized and regulated cannabis businesses are not forced to operate with cash only.

Payments 213

Payments Ohio Cards Industry 213

PYMNTS

AUGUST 14, 2018

Payday and short-term lending is a contentious topic in the United States, particularly when it comes to its regulation. Almost everyone – state law makers, federal law makers, consumer groups, industry groups and even short-term lenders themselves – agree that the industry should be regulated. New Rules in Ohio.

Lending 100

Lending Ohio Regulation Industry 100

PYMNTS

JUNE 20, 2016

The New York legislature has given a thumbs-up to fantasy sports, passing a bill early Saturday (June 18) that explicitly legalizes and regulates fantasy sports betting in New York. While a court initially barred DraftKings and FanDuel from continuing to operate in New York, a higher court reversed that decision on appeal.

New York 101

New York Mississippi Indiana Missouri 101

PYMNTS

AUGUST 20, 2018

As well, a demonstration that took place in Colorado earlier this month enabled vehicles with C-V2X chipsets and modems to communicate with traffic lights so that automobiles would know when lights would change — a foreshadowing of having specially equipped vehicles communicate with toll booths, construction signs and other roadside data points.

Maine 100

Maine Colorado United States Technology 100

PYMNTS

JUNE 21, 2019

The bill authorizing the program, AB466 , gives an operational time frame for the program, running from Oct. As various politicians, regulators and bureaucrats try to work through the cannabis payments problem (and as upstarts and other small payment companies strive to serve this market without breaking U.S. population. Sales Growth.

Oregon 136

Oregon Payments Nevada NV 136

PYMNTS

FEBRUARY 14, 2019

The hearing itself was a small victory for proponents who wish to open up the banking system to legal pot operators. That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators when dealing with legal cannabis operations.

Oregon 230

Oregon Colorado Operations Washington 230

Gonzobanker

DECEMBER 19, 2016

Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. Acquisition of the Year – Guaranty Bank and Trust Company in Colorado for its acquisition of Home State Bank. Is it in the water? Or the need to take market share in a slowest growth region? The big bang project is over.”

Utah 60

Utah System Community Marketing 60

Gonzobanker

DECEMBER 19, 2016

Maybe a regulator was out sick or on maternity leave, but this is one crawling bureaucratic nightmare. Acquisition of the Year – Guaranty Bank and Trust Company in Colorado for its acquisition of Home State Bank. Is it in the water? Or the need to take market share in a slowest growth region? The big bang project is over.”

Utah 60

Utah System Community Marketing 60

PYMNTS

FEBRUARY 13, 2019

The hearing itself was a small victory for proponents who wish to open up the banking system to legal pot operators. That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators if dealing with legal cannabis operations.

Oregon 115

Oregon Colorado Operations Washington 115

PYMNTS

MARCH 27, 2019

The proposed law would essentially offer financial institutions a safe harbor situation when it came to operating accounts for legal cannabis providers and the vendors that serve them. In 2018, consumers in Colorado bought some $1.55 A request for comment from the committee was not immediately returned. population.

US 165

US North Carolina California Colorado 165