PYMNTS

SEPTEMBER 22, 2019

According to Pew, the middle class is defined as adults whose annual household income is two-thirds to double the national median, after being adjusted for household size. The 10 areas with the highest concentrations of middle class adults are located in the Midwest or the Northeast, with the exception of Ogden-Clearfield, Utah.

Wisconsin 187

Wisconsin Utah United States Texas 187

PYMNTS

APRIL 10, 2020

The new schedule comes amid a record drop-off in flying as the nation deals with stay-at-home orders during COVID-19. billion despite buying startups and building call centers in Utah and Texas, according to The Wall Street Journal. between April 15 and June 10. Last fall, PYMNTS reported that Marcus, launched in 2016, lost $1.3

Los Angeles 212

Los Angeles San Francisco New York City New York 212

PYMNTS

JULY 2, 2020

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. The tech company, which has 271 retail shops in the United States, has recently closed 47 stores again, CNBC reported.

Apple 131

Apple Los Angeles South Carolina North Carolina 131

American Banker

JULY 13, 2016

The company has reportedly been in discussions with Utah… The Wall Street Journal published a lengthy profile Tuesday of online lender Social Finance, which has made $10 billion in loans, including student loans, since 2011.

Utah 28

Utah Fintech Online Report 28

PYMNTS

JANUARY 10, 2019

For example, Whole Foods managers went to a site in Utah that used to be a Kmart. Right now, Whole Foods has about 470 stores around the nation – which isn’t much considering the proliferation of Walmart and Kroger stores, but it now has the capital to expand into previously unreachable areas, like Montana.

San Antonio 213

San Antonio Tulsa Milwaukee Montana 213

CFPB Monitor

FEBRUARY 13, 2020

2833), would impose a 36% national usury limit on most forms of consumer credit. We are joined by the bill’s drafter, Professor Chris Peterson of the University of Utah S.J. The Act, which has been introduced in the House (H.R. 5050) and Senate (S.

Utah 60

Utah National 60

PYMNTS

MAY 27, 2020

Apple will reportedly open stores again this week in Georgia, Florida, Texas, Utah, Arizona, Nevada and Missouri, among other states. term trends, and guidance from national and local health officials.”. We look at every available piece of data — including local cases, near and long?term

Apple 142

Apple Retail US Nevada 142

PYMNTS

JANUARY 25, 2021

There is no Airbnb in Grand Canyon National Park. There's no Airbnb in Arches [National Park in Utah],” he said, noting that the average 8-day Outdoorsy RV rental was about 3.5 There is no Hilton in Yosemite. times the average Airbnb stay.

Millennials 349

Millennials Mobile Utah National 349

PYMNTS

FEBRUARY 5, 2020

Overall, California and then Utah get the most Chinese tourists. The National Health Commission in China reported 20, 438 confirmed cases, including 15 in Hong Kong and eight in Macao through the end of Monday. Big cities like Los Angeles and New City are also expected to take a big hit. has gone up 1,270 percent to 2.8

Los Angeles 134

Los Angeles US Utah Miami 134

CFPB Monitor

DECEMBER 13, 2018

The OCC’s decision to issue special purpose national bank (or fintech) charters has sparked renewed litigation. We also look at fintech charter alternatives, including full-service and Utah industrial banks. We also look at fintech charter alternatives, including full-service and Utah industrial banks.

Fintech 60

Fintech Utah National Industry 60

PYMNTS

NOVEMBER 1, 2017

A small business (SMB) in Massachusetts borrowing funds via marketplace lender Kabbage has sued the platform, igniting new debate in the conversation over the definition of a “true lender,” according to reports in the National Law Review on Tuesday (Oct. 12 of this year, a small business owner sued Kabbage, Inc.

Massachusetts 128

Massachusetts Utah National Regulation 128

PYMNTS

JANUARY 4, 2017

As has been reported, Apple Pay is also available internationally in, among other nations, Australia, China, Hong Kong, Japan, Spain, the U.K. The total roster now claims more than 1,600 banks and credit unions domestically, said the site, even as 35 percent of retailers in the U.S. support Apple Pay. and Switzerland.

Apple 117

Apple Indiana Arkansas Utah 117

CFPB Monitor

AUGUST 7, 2020

On July 31, 2020, the Office of the Comptroller of the Currency (OCC) approved the national bank charter application of Varo Bank, N.A., team — the first consumer fintech to receive a national bank charter. As other fintechs mature and grow nationally, the message from the federal banking system is: come on in. Varo Bank, N.A.’s

Fintech 78

Fintech FDIC Utah National 78

CFPB Monitor

FEBRUARY 16, 2022

Around the nation, regulators are preparing to implement and enforce new consumer-like disclosure laws for small business commercial finance providers. During the week of February 7, 2022, bills were introduced in Utah and Maryland that would require disclosures in commercial transactions.

North Carolina 78

North Carolina Missouri Maryland Mississippi 78

CFPB Monitor

MARCH 15, 2022

The rules provide that a loan made by a national bank, federal savings association, or federally-insured state-chartered bank that is permissible under applicable federal law (Section 85 of the National Bank Act (NBA) or Section 27 of the Federal Deposit Insurance Act (FDIA)) is not affected by the sale, assignment, or other transfer of the loan.

California 78

California Innovation Utah West Virginia 78

PYMNTS

FEBRUARY 11, 2019

CEC), a Utah-based company. According to Reuters, shoplifting is a big problem for the nation’s retailers, resulting in losses of around $559 for each incident. billion, according to data from the National Retail Federation. Combined with organized retail crime, the hit to retailers in 2017 was $17.1

Retail 108

Retail San Jose Utah California 108

CFPB Monitor

MAY 16, 2019

As a result, it would not provide an alternative for fintech companies that are considering filing an application with the OCC for a special purpose national bank (SPNB) charter or for an industrial bank charter in a state such as Utah, that permits such charters.

Utah 68

Utah Fintech New York National 68

PYMNTS

JUNE 26, 2020

Utah-based FI Continental Bank is one such entity tapping cloud technology to bring more flexibility to its financial solutions as the pandemic makes seamless digital services more critical. The Tracker also analyzes how the use of cloud technology can help FIs stay on top of that shift. Developments Around the Cloud Banking World.

Meeting 227

Meeting Mobile Digital Banking Tools 227

CFPB Monitor

JULY 14, 2022

An amicus brief in opposition to OppFi’s Demurrer was filed by the following consumer advocacy groups: Center for Responsible Lending, California Reinvestment Coalition, Consumer Federation of California, National Consumer Law Center, Public Law Center, and UC Berkeley Center for Consumer Law & Economic Justice.

California 78

California Innovation Utah Texas 78

Bobsguide

FEBRUARY 22, 2022

Zions Bancorporation is one of the nation’s premier financial services companies with total assets exceeding $65 billion. Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming.

Software 78

Software Wyoming Idaho Lending 78

PYMNTS

JANUARY 7, 2019

WhatsApp Pay began testing its service in that country earlier this year with reports of roughly one million users, processing roughly one million transactions per month, according to people close to the National Payments Corporation of India (NPCI).

Data 139

Data Wyoming Idaho Mobile 139

PYMNTS

MAY 13, 2019

The latest research comes as the G7 nations prepare for a cross-border cyberattack simulation. Twenty-four financial authorities across the G7 nations will simulate a cyberattack next month , French officials announced late last week. PYMNTS runs through the data points of all these stories and research reports, plus more, below.

Baltimore 128

Baltimore Wyoming Data Security 128

American Banker

FEBRUARY 26, 2016

The nation's largest marketplace lender announced changes Friday to its partnership with Utah-based WebBank. The revisions are designed to preserve Lending Club's ability to ignore state interest rate caps.

Lending 28

Lending Utah National Digital Banking 28

CFPB Monitor

OCTOBER 6, 2022

Thus, there was no doubt in Jones that [a national bank] was the actual lender and that [the national bank] qualified for an exemption from the usury restrictions. The identity of the real lender was not at issue.

California 78

California FDIC Analysis Utah 78

CFPB Monitor

DECEMBER 5, 2022

CarMax must also present consumers with copies of open recalls and obtain the consumer’s signature on a standalone disclosure document before presenting any other sales paperwork. .

Rhode Island 78

Rhode Island West Virginia South Carolina North Carolina 78

PYMNTS

MARCH 25, 2016

A major driver of this pivot in consumer behavior has been National Puppy Day , which earlier this week (March 23) celebrated its tenth anniversary. Guinnevere Shuster, social media coordinator at the Humane Society of Utah, points out to CNN that “shelters and rescues are filled with puppies.

Retail 100

Retail United States National Utah 100

Independent Banker

DECEMBER 1, 2015

National Award Recipient. George, Utah. The association accepted nominations online during the month of September, allowing anyone to recommend a community banker for consideration. The 2015 Award Recipients. Four community bankers were selected for this year’s recognition: Walking the Walk. President and CEO. Oconomowoc, Wis.

Community 70

Community Tulsa Texas Utah 70

PYMNTS

NOVEMBER 6, 2019

Earlier this year the firm relocated from San Francisco to Utah — a big money saver — and announced it would be moving forward with seeking a bank charter. We are very, very clear that we are planning a national bank charter. How exactly they are gong to do that — and when it might happen — remain up in the air. “We

San Francisco 100

San Francisco Utah Trends Cards 100

CFPB Monitor

MAY 6, 2019

In doing so, the court found that the term “business of banking” as used in the National Bank Act (NBA) “unambiguously requires receiving deposits as an aspect of the business.”. National Resources Defense Council, Inc. The court’s textual analysis started with a review of the powers of national banks under the NBA.

Fintech 68

Fintech New York National Regulation 68

PYMNTS

JUNE 12, 2017

Both Steve and Brian are instrumental to our national expansion efforts, ensuring Gobble’s cost leadership and operational efficiency are best in class.”. Gobble currently serves seven western states: California, Nevada, Washington, Oregon, Arizona, Idaho and Utah.

Idaho 118

Idaho Operations Leadership Nevada 118

CFPB Monitor

JANUARY 14, 2016

In its July 2014 report on the use of remittance histories in credit scores, the CFPB noted that use of remittance histories could have a disproportionately negative impact on certain racial or national origin groups and thereby implicate fair lending concerns.

Big Data 60

Big Data Data Utah Meeting 60

PYMNTS

AUGUST 14, 2018

According to documents procured and reviewed by National Public Radio , it looks like the effort to roll back some of the protections – specifically those sections that are meant to protect military members taking out car loans – are being pushed by the White House itself. .

Lending 100

Lending Regulation Kentucky Utah 100

American Banker

MAY 4, 2016

The company will close a Utah office that's assigned to making loans for medical procedures, as it will make cuts totaling about 14% of its workforce, which is based in both San Francisco and Phoenix. The backlash to online marketplace lenders is in full swing. Prosper's chief risk officer is being…

San Francisco 28

San Francisco Phoenix Utah Online 28

Independent Banker

OCTOBER 31, 2022

billion-asset Sunwest Bank in Sandy, Utah. As a national bank that serves customers in multiple states, Stearns makes loans and finance equipment for various industries, including medical, agriculture, construction and transportation. “My accounts are scattered at different banks.”. Because the $2.3

Community Bank 91

Community Bank Community Customer Experience Data 91

CFPB Monitor

AUGUST 27, 2015

Hawaii, Iowa and Ohio experienced the greatest percentage increase in the monthly average number of credit reporting complaints submitted between May to July 2015 as compared with May to July 2014 while Utah, South Dakota and Wyoming experienced the greatest percentage decrease in the monthly average of such complaints over the same period.

Los Angeles 60

Los Angeles South Dakota Report North Carolina 60

CFPB Monitor

SEPTEMBER 21, 2015

Agnani, Director of Policy and Civic Engagement, National Coalition for Asian Pacific American Community Development, Washington, D.C. Allen, Chief Compliance Officer, Bank of American Fork, American Fork, Utah. New Consumer Advisory Board members are: Seema M. Alvarez, Executive Director, Housing & Education Alliance, Tampa, Fla.

Groups 60

Groups Los Angeles San Francisco Community Bank 60

Jeff For Banks

NOVEMBER 7, 2015

I teach at the Utah Bankers' Association Executive Development Program. Interestingly, Kelly started what would end up being EnerBank at Baltimore's First National Bank of Maryland (now M&T Bank ), a former employer of mine in the mid 1990's. Ironically, First National also divested my unit (Hopper Soliday & Co.),

Community Bank 60

Community Bank Community Baltimore Lending 60