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ICBA’s 2021 National Community Bank Service Award winners

Independent Banker

ICBA’s National Community Bank Service Award winners for 2021 demonstrate that when their local areas need support, community banks are there with innovative, compassionate and thoughtful responses. The community bank provided nearly 480,000 PPP loans totaling more than $13 billion to businesses across the nation. “I

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Marketplace Lender Avant Debuts Auto Refinance Loans

Bank Innovation

Online marketplace lender Avant Inc. The new auto loan product will initially launch in California, and is expected to be live in Illinois and Georgia by early in the second quarter, with a national rollout expected by the third quarter, according to Avant.

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Google Pay Now Supports Cards From 13 More US States

PYMNTS

In the Midwest, the new banks reportedly include the Educational Community Alliance Credit Union in Ohio, the MidAmerica National Bank in Illinois, the Republic Bank of Chicago in Illinois and the State Bank of Waterloo in Illinois. The system lets clients make in-store or online purchases through the mobile app.

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US Biometrics Law Tested By Six Flags Lawsuit

PYMNTS

The Illinois Supreme Court is set to hear arguments that will help it determine when consumers can take action under the Biometric Information Privacy Act. The precise harm the Illinois legislature sought to prevent is then realized.”. Alphabet Inc.’s s Google is dealing with similar claims in federal court in Chicago.

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Amazon (And Others) Brace For India’s New eCommerce Tax

PYMNTS

That is up from roughly $50 billion at present, with an estimated 175 million individuals shopping online in 2020. With those mandates, the Indian government said that online marketplaces can no longer enter into such third-party deals, or have a single vendor supply more than a quarter of inventory across a given product.

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Instacart Rolls Out Delivery Service With Costco For Prescriptions

PYMNTS

The offering is now available from almost 2,000 stores in California, New York and Illinois, among other states, with plans to grow throughout the country in the months to come, according to an announcement. As it stands, Instacart partners with over 350 local, regional, and national retailers to provide delivery from over 25,000 stores.

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Big Tech Compliance Tracker: Facebook Backs Data Portability Law, Amazon Considers Registering Services As Separate Entities In India

PYMNTS

The services are not currently registered as distinct entities, although they are provided to users in the nation. The news comes as a new Indian equalization measure came into existence in 2020 that puts a 2 percent tax on every digital transaction that foreign online shopping firms conduct.