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X lands money licenses in Illinois, New Mexico

Payments Dive

The social media platform is now nearly halfway to securing the state licenses needed to fulfill owner Elon Musk’s vision of a nationwide payments app.

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The Taste Of New Mexico In A Subscription Box

PYMNTS

Entrepreneurs are sometimes inspired to create companies based on a place where they have strong ties: Eric Smith was born as well as raised in New Mexico and co-founded Nuevo Food Box , which offers a subscription box of food highlighting the flavors of the state. They met in the state, but they had to move away for work (and life).

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New Mexico Lawsuit Sparks Marijuana Business Tax Debate

PYMNTS

A lawsuit in New Mexico is reigniting the debate over marijuana business taxes, only this time, the controversy surrounds how to classify these companies under state tax code. million refund.

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Credit card used to buy AR-15 rifle in New Mexico shooting

Payments Dive

Police confirm the gunman’s father used a credit card to pay for part of a transaction that included the weapon purchase.

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Industry Slant // Bo Berg Talks Giant Schnauzers, DJing, Financial Services

Perficient

BB : I was an exchange student in Las Cruces, New Mexico. MM: So, after some time in New Mexico, you went back to Denmark. Madeline McDermott: First things first. Where were you born? Bo Berg: Copenhagen. Denmark, to be specific. MM: What brought you to the U.S.? They planted pecan trees, cotton, and chilis.

Industry 539
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CFPB May 2016 complaint report highlights credit reporting complaints, complaints from New Mexico consumers

CFPB Monitor

The CFPB has issued its May 2016 complaint report which highlights complaints about credit reporting and complaints from consumers in New Mexico and the Albuquerque metro area. The percentage of mortgage complaints submitted by New Mexico consumers was lower than the national average.

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Bill to impose 36% rate cap passes New Mexico House and Senate

CFPB Monitor

The New Mexico House and Senate have both passed House Bill 132 which would create a 36% annual percentage rate (APR) cap on loans up to $10,000 made under the New Mexico Bank Installment Loan Act of 1959 (BILA) and the New Mexico Small Loan Act (SLA).