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Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion

PYMNTS

Figure Pay, he said, debuts in January in Missoula, Montana, and then will see a broader rollout through the quarter. But a national charter would allow for a uniformity of presence and market scope. Thus, the company, and its platform, could be nationally chartered as soon as next year, he told Webster.

National 215
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Fed hits two community banks with enforcement actions

American Banker

The Federal Reserve fined a Montana bank for violating the National Flood Insurance Act and issued a cease-and-desist order against a Dallas bank over money-laundering concerns.

Montana 68
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Best Community Banks to Work For 2022

Independent Banker

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; Bank of Montana, Missoula, Mont.; Bank of Montana: Breaking the mold. Bank of Montana. Tom Swenson, Bank of Montana. On Thanksgiving 2007, he founded Bank of Montana, which now has one branch and 13 employees. “We Grand Ridge National Bank.

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The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

Congress can regulate sports gambling directly, but if it elects not to do so, each state is free to act on its own.”. states, with only Arizona, Hawaii, Idaho, Montana, Nevada and Washington labeling DFS as illegal. In a microcosm of the national expansion, New Hampshire’s newly online sports gambling program raked in $2.31

Online 134
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Seven States Approve Marijuana Measures

American Banker

Voters in Florida, North Dakota, Montana and Arkansas approved medical marijuana measures on Tuesday, while their counterparts in California, Massachusetts and Nevada approved recreational pot initiatives.

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From Farce to Menace

Independent Banker

It’s yet another disturbing proposal from the National Credit Union Administration to bureaucratically finagle its way around Congress and federal law. Talk about your captive regulator! By Camden R. Fine, President and CEO of ICBA. So here we go again. When credit unions say “jump,” the NCUA says, “how high?”.

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More amicus briefs filed in Seila Law

CFPB Monitor

In addition, three “Financial Regulation Scholars” (consisting of the professors named below) argue that although the CFPB’s structure is constitutional, because there is no genuine controversy between a President and an appointee about a “for cause” removal provision, the Supreme Court should dismiss certiorari as improvidently granted.