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Nevada Facing Record Unemployment With Casinos Closed

PYMNTS

With an economy heavily reliant on tourism, Nevada may have the largest number of unemployed workers due to the coronavirus pandemic. Stephen Miller, an economist at University of Nevada, told the news outlet that economic downturn during the recession of 2007 to 2009 was deeper and longer than in Las Vegas than many other U.S.

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How One Nevada Credit Union Secures Its Self-Service Innovations

PYMNTS

The new platform provides dynamic marketing campaigns based on members’ transactional, lifestyle and behavioral data. Inside One Nevada Credit Union’s Self-Service Transformation. The partnership is also intended to help RBFCU staff provide targeted products and services to members.

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How One Nevada Credit Union Secures Its Self-Service Innovations

PYMNTS

One CU undergoing a self-service transformation is One Nevada Credit Union , which serves 80,000 members and has $959 million in assets. One Nevada is instituting a product suite to support its self-service transformation, including a data warehouse, business intelligence tools and a complete core banking conversion.

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Today In Payments: Coronavirus Decimates US Stock Market; Ex-Microsoft Engineer Guilty Of 18 Felonies

PYMNTS

In today’s top news, the stock market takes its biggest hit since 2015 due to mounting fears over the coronavirus, and an ex-Microsoft engineer is found guilty of stealing $10 million in digital currency. Coronavirus Decimates US Stock Market $1.7T stock market is taking a hit due to mounting fears over the coronavirus.

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Here is The Math Behind the High-Yield Account

South State Correspondent

There have been many a banker who has said they want to offer a high-yield account because the “higher interest expense is just like paying marketing costs.” However, the majority of customers require a referral, a marketing effort and a sales effort to bring them in the door. Not bad, but not great.

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Nevada Marijuana Dispensary Uses Food Trucks To Sidestep Cards Regs

PYMNTS

With many in the industry anticipating federal-level legalization of the cannabis market, the sector remains with one foot in state-level regulation and one foot in the shadow market. . Federal regulations prevent financial institutions and other payment companies from serving up options to pay to the legal weed industry. .

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Report: Zomato Teams With InCred For Loans To Restaurants In India

PYMNTS

-based quick-service restaurant (QSR) chain Wendy’s is teaming with India’s Rebel Foods as well as Sierra Nevada Restaurants to roll out approximately 250 ghost kitchens , or cloud kitchens, throughout the country. There are more than 6,800 Wendy’s in 30 markets throughout the world, with nine brick-and-mortar restaurants in India.

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