article thumbnail

Vast Bank in Oklahoma exits the crypto market

American Banker

The $1 billion-asset institution shuttered its mobile banking platform for digital asset purchases on Wednesday, following a consent order from the Office of the Comptroller of the Currency received in October of last year.

article thumbnail

BOK says its benefiting from strong core markets, pullback by rivals

American Banker

Trepidation among competitors, too, is creating openings for the Oklahoma bank, its CEO says in an interview. The regional bank said metropolitan economies across its central and western U.S. footprint are resilient, and new loan opportunities are abundant.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

DOJ settles another redlining case

CFPB Monitor

The Department of Justice (DOJ) announced that it has entered into a settlement with American Bank of Oklahoma (ABOK) to resolve allegations that ABOK engaged in unlawful redlining in Tulsa, Oklahoma. The DOJ opened its investigation of ABOK after receiving a referral from the FDIC.

Tulsa 88
article thumbnail

Community bank enlists Coinbase, SAP to offer crypto

Payments Source

Vast Bank in Oklahoma is one of the first to allow customers to purchase digital currencies, a market that has proved lucrative for fintechs.

Oklahoma 123
article thumbnail

Instacart-Walmart Delivery Pact Heats Up Online Grocery Wars

PYMNTS

11), reported by CNBC , that retail behemoth Walmart has struck a partnership with Instacart to offer same-day deliver across a few, select markets in the United States, focused on four initial pilots in Oklahoma and California. News came Tuesday (Aug.

Online 227
article thumbnail

US Home Sales Hit Highest January Peak In Years

PYMNTS

Homebuilders in America received so many orders for houses last month that the market experienced a January surge it hasn’t seen in years, according to a report by Bloomberg. Consumer confidence, job growth, strength in the stock market and a dip in mortgage rates can all be credited for the bump, said Rick Palacios Jr.,

article thumbnail

Community bank enlists Coinbase, SAP to offer crypto

American Banker

Vast Bank in Oklahoma is one of the first to allow customers to purchase digital currencies, a market that has proved lucrative for fintechs.