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CFPB issues report on state community reinvestment laws

CFPB Monitor

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Walgreens Teams With Postmates For Expanded Delivery

PYMNTS

Community health and safety is paramount at Postmates, so we’re working to support our merchant partners, like Walgreens, and get essential items into the hands of our customers,” said Craig Whitmer, vice president, merchant business development, Postmates. With Postmates Unlimited for $9.99 Virgin Islands.

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Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers

PYMNTS

Eight additional states, Idaho, Minnesota, Missouri, Nevada, North Carolina, Texas, West Virginia, Vermont and the District of Columbia, are slated to be added in June. ShopRite, a Wakefern Food Corp. brand, is accepting online EBT payment at select locations.

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Another credit union buys a bank as industry groups sharpen criticism

American Banker

Gesa Credit Union in Washington agreed to acquire a 103-year-old community bank in Centralia, as it eyes opportunities for additional growth in the Pacific Northwest. In the District of Columbia, a bank group is calling for exit fees on banks selling to tax-exempt credit unions.

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Saving Main Street: Fairfax County, VA Kicks Into Gear

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This is near an office environment and a vibrant community, and we see a chance to create an exciting and interesting destination.”. Small businesses make up 94 percent of our base and account for almost one-third of jobs in our community,” said Fairfax County Board of Supervisors Chairman Jeffrey C.

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Michigan’s November 2022 Ballot to Include Fair Lending Proposal Capping Payday Loan Interest Rates

CFPB Monitor

The group cited numerous concerns as to why the payday loan interest rate cap was necessary, including evidence that the current rate terms trap vulnerable state citizens in a cycle of debt, make it difficult to secure housing, and disproportionately impact rural communities and communities of color.

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The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

Since 2018, when sports betting was only legal in the state of Nevada, 19 additional states and the District of Columbia have legalized the practice, either already allowing bets to be placed or are on the way to doing so. The decision opened the floodgates to legalized sports betting – both in-person and online – in the U.S.

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