CFPB Monitor

DECEMBER 21, 2021

Last week, the California Department of Financial Protection and Innovation (DFPI) announced that it had entered into a consent order with Wheels Financial Group, LLC d/b/a LoanMart, a California-based company that markets and services automobile title loans. LoanMart holds a CFL license.

California 78

California Utah FDIC Regulation 78

PYMNTS

JANUARY 14, 2021

Our office continues to aggressively monitor this market to protect fair competition for consumers, authors, and other eBook retailers,” Mr. Tong said in a statement, per WSJ. Amazon had a 76 percent market share of all eBooks sold in the U.S. in September, according to Codex Group data, per the WSJ.

eBook 174

eBook Connecticut North Carolina Nebraska 174

PYMNTS

JUNE 8, 2020

The Securities & Exchange Commission ( SEC ) has moved to freeze the assets of a $12 million cryptocurrency mining and multi-level marketing (MLM) scheme, Coindesk reports. The defendant in the case is Utah resident Daniel F. Putnam, whose businesses — MMT Distributions and R&D Global — and associates — Angel A.

blockchain 131

blockchain Analytics Utah cryptocurrency 131

PYMNTS

SEPTEMBER 27, 2020

Associated Food Stores , a Salt Lake City, Utah-based cooperative that supplies supermarkets, said it has started to build what it’s calling “pandemic pallets” of sanitizing products so its warehouses will be fully stocked, Darin Peirce, vice president of Retail Operations, told WSJ. That’s earlier than we ever have.”.

Jacksonville 280

Jacksonville Minnesota Utah Michigan 280

CFPB Monitor

OCTOBER 25, 2022

Nevertheless, one of the cases in which the defendants have filed the decision as supplemental authority is pending in an Illinois federal district court and the other case is pending in a Utah federal district court. The Utah case is CFPB v. Progrexion Marketing, Inc. , The Illinois case is CFPB v.

Utah 78

Utah Illinois Mississippi Louisiana 78

PYMNTS

NOVEMBER 23, 2020

The states involved include Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee, and Utah, according to Reuters. The DOJ suit came after a probe lasting over a year in which the department looked into the company's 80 percent dominance in the search engine and advertising markets.

Google 223

Google Nebraska Colorado North Carolina 223

CFPB Monitor

MAY 6, 2019

The CFPB has filed a complaint in Utah federal district court against a related group of companies that provide credit repair services for alleged violations of the Telemarketing Sales Rule (TSR) and the Consumer Financial Protection Act (CFPA). The primary focus of the Bureau’s complaint is the defendants’ alleged CFPA violations.

Marketing 68

Marketing Company Utah Groups 68

PYMNTS

JANUARY 10, 2019

For example, Whole Foods managers went to a site in Utah that used to be a Kmart. In November, Amazon announced the expansion of grocery pickup from Whole Foods Markets through Prime Now in eight more cities. Grocery pickup from Whole Foods Market is now available in 22 cities. Sources told Yahoo!

San Antonio 213

San Antonio Tulsa Milwaukee Montana 213

PYMNTS

NOVEMBER 12, 2020

Galileo, headquartered in Salt Lake City, Utah, supports a variety of payment solutions. This is building a product that literally can go up against some of the prejudices and biases of the traditional banking system,” Jonathan Mildenhall, recently-hired chief marketing officer of Dave, said in explaining his decision to join the startup.

Utah 143

Utah ATM America Digital Banking 143

PYMNTS

JANUARY 15, 2021

This latest Google probe will be headed by the attorneys general of Utah, North Carolina and New York, one of the sources said. Lawsuits against Google are focused on search, advertising and its tactics to further its search dominance in voice assistants and other new markets. . Justice Department over its policies. . and abroad. .

Google 141

Google North Carolina Utah New York 141

PYMNTS

DECEMBER 21, 2020

Rent-A-Center is buying Utah-based Acima , has been the owner of an incredible growth record, even for the payments and credit business. For its part, Acima has been playing — and growing — in the lease to own (LTO) market since 2013. It was also tabbed by Utah Business magazine as the fastest-growing company in the state.

Company 154

Company Utah San Francisco Retail 154

PYMNTS

MAY 1, 2017

According to a report in TechCrunch , Virtualities of Salt Lake City, Utah currently has two locations with one in the Gateway Mall in Salt Lake City in an old Aeropostale store and another location in Layton, Utah. IMAX, which has a market value of nearly $2.4 China and the U.K.

Utah 103

Utah Retail Samsung Course 103

PYMNTS

DECEMBER 30, 2018

According to the report in the Wall Street Journal , Whole Foods Market aims to have stores in more suburban areas where it has been gaining customers since Amazon bought it. Prior to the acquisition, Whole Foods was in layoff mode as store growth was slowing.

Wyoming 159

Wyoming Idaho Utah Regional 159

PYMNTS

SEPTEMBER 11, 2019

The network will also advance “regulatory certainty” for innovators and stay abreast of changes in the market while helping reduce fraud, discrimination and deception. Inaugural members of ACFIN include state attorneys general of Alabama, Arizona, Georgia, Indiana, South Carolina, Tennessee and Utah.

Regulation 171

Regulation Innovation South Carolina Indiana 171

PYMNTS

DECEMBER 22, 2020

CarMax Earnings Show Healthy Digital-First Automotive Market. Rent-A-Center is purchasing Acima, which is based in Utah. COVID-19 is impacting travel decisions more and more and causing most travelers — 66 percent — to harness their own personal vehicles as opposed to travel by air or mass transit.

Retail 173

Retail Utah Survey Strategy 173

PYMNTS

SEPTEMBER 11, 2017

The mobile payments firm announced plans last week to open up a physical branch in Utah, to be called Square Financial Services. The company had an investor day last week during which management said that, as noted by Barron’s , the firm’s total addressable market is four times larger than some observers estimate.

Payments 148

Payments Utah United States Mobile 148

CB Insights

AUGUST 2, 2021

It currently operates in 14 markets across the states of Florida, Colorado, Georgia, Texas, and Utah, catering to almost 2,600 qualified off-market buyers. The company reportedly witnessed a 600% year-on-year increase in revenue from June 2020 to June 2021. The company currently employs 180 people. Want the full post?

Company 69

Company Utah Colorado Georgia 69

PYMNTS

JANUARY 6, 2021

With businesses large and small increasingly turning their attention toward recovery efforts, the commercial credit card market is exploring ways to help their corporate card holders. Divvy, based in Utah, offers businesses an integrated spend management platform connected with a corporate card offering.

Cards 257

Cards Utah Capital Management 257

PYMNTS

JULY 31, 2020

Focused on mitigating third-party risk for B2B buyers and suppliers, Utah-based Whistic recently announced a $12 million Series A investment round, FinNSMEs reported. The company plans to use the money to invest in its research and development efforts, go-to-market strategy, marketing and customer support.

Security 166

Security Data Capital Utah 166

PYMNTS

JANUARY 4, 2019

Even amid declines in the financial markets, employers in the United States brought more jobs into the economy in December at the quickest cadence in months. That decrease brings the unemployment rate to its lowest point in 18 years, it was reported in June, and the change indicated a tightening labor market.

United States 131

United States Utah Survey Course 131

PYMNTS

JANUARY 25, 2021

That’s the market summary Outdoorsy Co-founder and CEO Jeff Cavins gave to PYMNTS' Karen Webster on the status of his RV rental platform, which’s about to cross the billion-dollar bookings milestone in only its fifth year in business. I will die of old age before we've even cracked a fraction of this demand.” . There is no Hilton in Yosemite.

Millennials 349

Millennials Mobile Utah National 349

PYMNTS

SEPTEMBER 18, 2020

But it was one startup, which helps other businesses launch their own subscription service offerings, that secured the largest round of the week, perhaps reflecting the rising tide of companies looking to shift business models amid market uncertainty. FundingXchange.

San Jose 226

San Jose Capital Utah Operations 226

CFPB Monitor

JULY 24, 2019

A motion to dismiss has been filed by the group of credit repair companies sued by the CFPB in Utah federal district court for alleged violations of the Telemarketing Sales Rule (TSR) and the Consumer Financial Protection Act (CFPA).

Marketing 60

Marketing Company Utah Groups 60

PYMNTS

MAY 30, 2018

Now the benefits list is expanding, as customers in 12 additional states (and at all Whole Foods Market 365 stores) will now be able to use their Prime membership to access more deals.

Kansas City 129

Kansas City Kansas San Francisco Sacramento 129

CFPB Monitor

MARCH 15, 2022

In 2019, California enacted AB 539 which, effective January 1, 2020, limited the interest rate that can be charged on loans of $2,500 to $10,000 by lenders licensed under the California Financing Law (CFL) to 36% plus the federal funds rate.

California 78

California Innovation Utah West Virginia 78

PYMNTS

JUNE 26, 2019

MX, a Utah-based technology startup offering a data cleansing and analytics platform for the finance sector, has just announced a $100 million investment. The company plans to deploy the latest funding to focus on sales, marketing and growing its current customer base of about 2,000 businesses.

Analytics 100

Analytics Data Utah Trends 100

PYMNTS

FEBRUARY 7, 2019

.” Home Chef retail meal kits are currently available in Kroger’s Family of Stores across multiple markets, including Illinois (Mariano’s), Kentucky (Kroger), Michigan (Kroger), Ohio (Kroger, Cincinnati ) and Wisconsin (Pick ‘n Save and Metro Market).

Ohio 116

Ohio Montana Wyoming Columbus 116

PYMNTS

JUNE 20, 2017

The action comes a week after the FDIC announced that digital lender SoFi had applied to the state of Utah for a special banking charter known as an ILC. Ten years ago Walmart to launch in Utah, where many ILCs are based, and was shut down.

Utah 108

Utah Indiana America Community 108

The Financial Brand

SEPTEMBER 1, 2023

This article An Effective Marketing Mix Isn’t One Size Fits All appeared first on The Financial Brand. Where are marketers placing their bets in an effort to grow their institutions? This article An Effective Marketing Mix Isn’t One Size Fits All appeared first on The Financial Brand.

Marketing 31

Marketing Strategy Branding social media 31

CFPB Monitor

APRIL 7, 2020

to resolve alleged violations by Cottonwood of the CFPA, FCRA, and TILA in the course of marketing, servicing, and collecting on payday, auto title, and unsecured consumer installment loans. The CFPB announced that it has entered into a settlement with Cottonwood Financial, Ltd., million and $286,675.64 in consumer redress.

Idaho 78

Idaho Wisconsin Utah New Mexico 78

PYMNTS

OCTOBER 24, 2019

million in revenue by market cap from bitcoin in Q1 of 2019, although actual profit was $832,000. The company has also applied to get a bank charter in Utah, a move that would allow it to start accepting deposits. . Square brought in about $65.5

San Francisco 109

San Francisco Bitcoin Utah Google 109

PYMNTS

AUGUST 12, 2020

“Business is heavy in vacation markets and second-home markets,” Anthony Hitt, CEO of Engel & Völkers Americas, told Fortune. They want that Manhattan property, but also that getaway in Park City [Utah].” People are learning they can do their job as effectively [while working] remotely.

Sacramento 223

Sacramento Metro America Hawaii 223

PYMNTS

OCTOBER 24, 2019

million in revenue by market cap from bitcoin in Q1 of 2019, although actual profit was $832,000. The company has also applied to get a bank charter in Utah, a move that would allow it to start accepting deposits. . Square brought in about $65.5

San Francisco 100

San Francisco Bitcoin Utah Google 100

PYMNTS

MAY 4, 2018

The chain focuses on smaller and convenient locations, which allows it to serve more customers and expand into new markets and states. ” Headquartered near Portland, Oregon, Smart Foodservice currently has 63 wholesale stores located in Washington, Oregon, California, Idaho, Montana, Nevada and Utah. percent to $28.6 million.

Oregon 102

Oregon Montana Idaho Portland 102

PYMNTS

APRIL 7, 2017

Fortune noted that when Laplanche, who founded LendingClub and took it public, left abruptly, it created turmoil in the online lending market that has been suffering from slow loan growth. The loans will be issued by WebBank out of Utah and later purchased by Upgrade. Laplanche acknowledged loan missteps at LendingClub when he left.

Online 100

Online San Francisco Utah Lending 100

PYMNTS

SEPTEMBER 15, 2020

In the United Kingdom, for example, biometrics verification technology provider iProov has announced a new partnership with Salt Lake City, Utah-based Evernym , a software firm specializing in self-sovereign identity (SSI) for more than 100 organizations in a variety of sectors to authenticate transferrable digital identity credentials.

Report 206

Report Los Angeles Fraud Utah 206

PYMNTS

MAY 4, 2016

With the recent tightening of the capital markets, we are refocusing on our core consumer loans business,” he said. The dedicated medical bill facility in Utah has been shut down as part of latest reshuffle.

San Francisco 100

San Francisco Phoenix Utah Data 100