PYMNTS

AUGUST 7, 2020

The most recent details on FedNow come roughly a year after the central bank announced its plans to build and operate real-time rails. However, Kansas City Fed chief George said the system will initially focus on domestic movement of money and won’t include cross-border transactions.

America 189

America Kansas City Payments Kansas 189

Abrigo

FEBRUARY 23, 2023

According to the Federal Reserve Bank of Kansas City , community banks’ deposit market share dropped to 15% in 2022 from 22% in 2013. Small banks play an even more significant role in rural communities, where community banks operate 72% of all branches and have two-thirds of all deposits.

Community Bank 195

Community Bank Kansas City Community Lending 195

PYMNTS

JUNE 15, 2018

What’s more, instead of reporting to Amazon’s head of worldwide consumer business Jeff Wilke, Mackey and the two Amazon executives are overseen by Steve Kessel, who is in charge of all the physical store operations.

Kansas City 101

Kansas City Kansas San Francisco Sacramento 101

Payments Source

MARCH 14, 2017

Operating from Kansas, payments processor Euronet Worldwide has been working furiously—and quietly—on a way to disrupt China-based Ant Financial's deal to buy Dallas-based MoneyGram ever since news broke in January.

Kansas 60

Kansas Dallas Operations Payments 60

PYMNTS

AUGUST 5, 2019

The move was described by Kansas Federal Reserve President Esther George as the biggest infrastructure upgrade embraced by the Federal Reserve since the ACH system went online in 1972. The Federal Reserve has officially announced it will create a real-time payments service, to be called FedNow. banks.

System 212

System Payments Kansas Online 212

PYMNTS

NOVEMBER 6, 2020

We have tenants that pay in Texas and have not paid in New York,” Shane Garrison , chief operating officer of Retail Properties of America, told the Financial Times on Friday (Nov. The public company, which is headquartered in Kansas, has almost 400 theaters across the country, including some with full bars and dine-in options.

Retail 152

Retail Kansas Payments Texas 152

Abrigo

JULY 25, 2022

As farmers adjust their credit needs in response, banks with a higher share of agricultural loan activity (“ag banks”) may see demand for loans increase,” Kansas City Fed economist Francisco Scott said in a recent research report. Department of Agriculture projects a 4.5%

Lending 195

Lending Kansas City Kansas Resources 195

PYMNTS

DECEMBER 5, 2019

“Our payment system is a vital part of America’s infrastructure that touches everyone,” said Esther George, president and chief executive officer of the Federal Reserve Bank of Kansas City. She is also a sponsor of the Federal Reserve’s payments improvement initiative. As a result, the FPC was created in 2018.

Kansas City 135

Kansas City Payments Kansas Boston 135

PYMNTS

SEPTEMBER 16, 2019

Reports first emerged of the government’s payroll modernization plans in February, with officials revealing a $20 million upgrade plan that would unify government agencies’ payroll operations, allowing different departments to use a single, cloud-hosted solution maintained out of Kansas City, Mo. “As

Kansas City 116

Kansas City US Kansas System 116

PYMNTS

OCTOBER 24, 2019

Kansas’ economic nexus tax recently came under fire from its own government. The attorney general said that Kansas’ economic nexus policy conflicted with the model established in the Wayfair ruling. Small retailers may be struggling with Kansas’ law, but large retailers are meanwhile coming under fire in South Carolina.

Taxes 101

Taxes San Jose Kansas South Dakota 101

Abrigo

JUNE 12, 2015

Agricultural lenders are reporting increases in non-performing farms loans and decreased farmland values, according to the latest Agricultural Lender Survey conducted by the Kansas State University Department of Agricultural Economics. Lenders cited lower commodity prices, rising operating costs and the softening of cash rents.

Survey 150

Survey Kansas Kansas City Lending 150

PYMNTS

AUGUST 2, 2018

The deal would see the insurer operate senior-focused primary care clinics inside two Walgreens stores in Kansas. The fate of advancing that partnership came into question back in January, when Humana announced a planned partnership with Walgreens.

Retail 100

Retail Kansas Branding Groups 100

PYMNTS

FEBRUARY 6, 2018

The Conference of State Bank Supervisors (CSBS), through which these states are working, said Tuesday that seven states — which include Georgia, Illinois, Kansas, Massachusetts, Texas, Tennessee and Washington — have agreed to standardize licensing processes that are in place in order to provide money licensing services.

Fintech 118

Fintech US Tennessee Washington 118

Abrigo

MAY 11, 2015

Commercial lenders could continue to see elevated demand for agricultural loans – particularly for short-term financing to cover operating expenses -- thanks to tight profit margins for many producers. Current operating loan volumes grew for the third year in a row following several quarters of depressed crop prices,” researchers said.

Kansas City 150

Kansas City Lending Kansas Operations 150

PYMNTS

AUGUST 25, 2017

As first vice president and chief operating officer of the Federal Reserve Bank of St. According to Esther George, Federal Reserve Bank of Kansas City president and chief executive officer, Sapenaro played a prominent role in developing those strategies. Sapenaro will retain his position at the Federal Reserve Bank of St.

St. Louis 108

St. Louis Strategy Kansas City Payments 108

PYMNTS

JULY 26, 2019

Sprint will let go of Boost Mobile, Virgin Mobile and its prepaid phone operations, and both companies will let go of wireless spectrum so that it can be used by Dish Network. State attorneys from Nebraska, Kansas, Oklahoma, South Dakota and Ohio have all signed the agreement.

Mobile 115

Mobile District of Columbia South Dakota Nebraska 115

PYMNTS

SEPTEMBER 27, 2019

Uber Turns App Into ‘Everyday Operating System’. The company plans to merge its ride-hailing and food delivery applications in a fashion that would join its offerings as “the operating system for your everyday life,” as CEO Dara Khosrowshahi said. Uber’s apps are getting a makeover – and a bit of a new combination.

Data 122

Data North Carolina Kansas City Payments 122

PYMNTS

DECEMBER 11, 2017

Kenneth Montgomery, first vice president and chief operating officer of the Federal Reserve Bank of Boston, is taking up the position. Federal Reserve System has appointed its Payments Security Strategy leader, the agency announced Friday (Dec. Treasury and financial market, among other responsibilities.

Security 112

Security Kansas City Payments Boston 112

PYMNTS

AUGUST 23, 2018

In a press release , the restaurant chain operator said it was notified on August 16, 2018, by federal authorities that a legacy point-of-sale system for some of its Cheddar’s Scratch Kitchen restaurants, a brand acquired by Darden last year, may have been compromised via a hack that involves restaurants in 23 states.

Cards 112

Cards South Carolina North Carolina Nebraska 112

Abrigo

AUGUST 20, 2015

“Although loan volumes have increased steadily since 2011, recent increases have coincided with a period of declining farm income,” said a recent report from the Federal Reserve Bank of Kansas City. The report noted that since 2012, crop cash receipts have declined by more than 20 percent, according to the USDA.

Lending 150

Lending Kansas City Kansas Analysis 150

PYMNTS

SEPTEMBER 27, 2019

Despite some previous pushback, the Fed, represented by Federal Reserve Bank of Kansas City President and Chief Executive Officer Esther L. would not operate a single, unified real-time payments service; rather, FedNow would operate in conjunction with other services in the private sector, including The Clearing House’s RTP network.

Payments 174

Payments Kansas City Community Bank Community 174

PYMNTS

APRIL 5, 2019

The locations, which the company said were created based on insights from Sears Appliances & Mattresses stores, are set to be located in Alaska, Kansas and Louisiana. Through that offering, which will be offered at the Kansas and Louisiana stores, the retailer will send shoppers emails when their items are ready.

Retail 101

Retail Louisiana Kansas Alaska 101

PYMNTS

OCTOBER 28, 2020

While the worst fears haven’t been realized — the NFL opened its 2020 season in September with a showdown between (Super Bowl champs) the Kansas City Chiefs and the Houston Texans — the outlook across the pantheon of live sports is anything but settled as November 2020 begins. DraftKings announced on Wednesday (Sept.

Los Angeles 102

Los Angeles Kansas City San Francisco New York 102

PYMNTS

SEPTEMBER 4, 2017

That means diversifying our business operations, owning as much of the supply chain as possible and taking advantage of our strengths, working with our union brothers and sisters.”. As a union operation, we really worked hard to get shipping rates that help us make lobster affordable for the everyday person,” Sullivan said.

Kansas City 115

Kansas City Nevada Maine Kansas 115

PYMNTS

MAY 10, 2018

In one example, OurCrowd , which operates in the equity crowdfunding space, has struck up a partnership in Thailand with Bangkok Bank , boosting OurCrowd’s reach in Asia. The initiatives are far-flung and varied, but each is marked by a common thread of serving small business needs as both the lenders and the borrowers seek growth.

Capital 122

Capital Fintech Kansas United States 122

Gonzobanker

FEBRUARY 1, 2023

Digital Transformation – More Digital Than Transformative As bankers shared notes on recent technology investments, it is clear that there has been more digitization of how bankers already do business rather than a rethink of how to create a customer experience and operate the business with new tools and capabilities.

Arizona 135

Arizona Kansas City Industry Fintech 135

PYMNTS

SEPTEMBER 24, 2019

Kansas is an outlier with no thresholds in place — which means every business selling into the state is mandated to collect and remit sales tax. You have to understand the nuances between South Dakota, California, and, say, Kansas, which has a ‘zero’ nexus.”. Embracing the Marketplace.

Taxes 116

Taxes Retail Online South Dakota 116

PYMNTS

JANUARY 29, 2020

Louis, Missouri-based Together Credit Union , which operated under three separate names — American Eagle Credit Union, Anheuser Busch Employees’ Credit Union and Purina Credit Union — until late last year. It’s a very busy space,” said Together’s chief operating officer, Tom Kraus, in an interview with PYMNTS. “St. he explained.

St. Louis 130

St. Louis Missouri Survey Kansas 130

PYMNTS

MARCH 11, 2020

This belief is based on “the Company’s operating plan, that current working capital and expected continued inventory and capital expenditure financing is sufficient to fund operations and satisfy the Company’s obligations.”. Ontario (L.A.), Oklahoma City, and Memphis. It is only part of a stepped-up marketing effort.

Company 130

Company Miami San Antonio Oklahoma City 130

CFPB Monitor

DECEMBER 5, 2022

Joe Wilson, Chief Operating Officer, stated: CarMax led the industry in recall transparency by sharing vehicle specific recall information in-store and online to ensure our customers know about open recalls prior to purchase.

Rhode Island 78

Rhode Island West Virginia South Carolina North Carolina 78

PYMNTS

APRIL 16, 2019

Today, Upstart is a profitable firm, which means it didn’t need to raise $50 million to fund operations. Which, he noted, is not to say they are averse to someday, hopefully in the not too distant future, offering their customers those products themselves. Expanding Offerings and Partners.

Kansas City 223

Kansas City Lending Omaha Kansas 223

PYMNTS

FEBRUARY 8, 2019

As it stands, all of the retailer’s online operations and stores are currently operational. cities — Phoenix, Denver, Kansas City, Indianapolis and Charlotte. In other news, Target has been quietly testing a new loyalty program for its members in Dallas since last spring.

Charlotte 135

Charlotte Los Angeles Kansas City Branding 135

PYMNTS

OCTOBER 18, 2019

The program is rolling out in Pittsburg, Kansas City and Vero Beach, Fla. In other news, Outback Steakhouse is testing machine learning (ML) technology from Presto at multiple restaurants operated by one of its franchisees.

Retail 101

Retail Kansas City Nashville Kansas 101

CFPB Monitor

AUGUST 9, 2021

Despite the pendency in the Tenth Circuit of a constitutional challenge to a CFPB administrative order that requires a lender and its CEO to pay restitution and civil money penalties, a Kansas federal district court recently refused to stay enforcement of the order. Integrity Advance, LLC and James R.

Kansas 78

Kansas Exercises Payments Operations 78

PYMNTS

NOVEMBER 24, 2020

Island Grill in Kansas City, Mo., But “passed” is the operative word, and consumers' definition of all-clear for activities like dining out is the widespread availability of a vaccine and a significant decline in case counts. Jax Bell, general manager at Hawaiian Bros.

Industry 201

Industry Kansas City Kansas Tools 201

Abrigo

JUNE 2, 2022

For example, many exam takers need to focus on the international sections since they are less familiar with other countries’ operations. Don't just consider what someone in New York, Texas, or Kansas would do. If you are a U.S.-based based BSA professional, you must think globally.

Study 195

Study Training Resources Kansas 195

Jeff For Banks

MARCH 18, 2017

Their original purpose, as I understand it, was to use up operating, liquidity, and credit capacity in larger financial institutions to benefit nearby community banks. This idea began germinating in my head when I spoke at the Kansas Bankers' Association CEO Summit a couple of years ago. Very common in Kansas and across the Midwest.

Kansas 79

Kansas Community Bank Community New Jersey 79