X lands money licenses in Illinois, New Mexico
Payments Dive
MARCH 27, 2024
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.
New Mexico Related Topics 
The Taste Of New Mexico In A Subscription Box
PYMNTS
MARCH 20, 2019
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
JANUARY 29, 2019
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
JUNE 26, 2023
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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Bill to impose 36% rate cap passes New Mexico House and Senate
CFPB Monitor
FEBRUARY 23, 2022
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).
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Nevada and New Mexico State Medical Debt Collections Laws to Take Effect July 1, 2021
CFPB Monitor
JUNE 17, 2021
State legislatures in New Mexico and Nevada enacted laws this session targeting medical debt collections. New Mexico Patients Debt Collection Practices Act . The New Mexico Patients Debt Collection Practices Act places a number of requirements on health care facilities and debt collectors and buyers.
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Deal in New Mexico lifts credit union-bank merger tally to 14
American Banker
AUGUST 19, 2024
Eagle Federal Credit Union said it plans to acquire Southwest Capital Bank in a transaction slated to close next year. It would help the buyer expand its cannabis banking operation.
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Wells Fargo workers at two US branches of bank launch efforts to unionize
TheGuardian
NOVEMBER 20, 2023
Employees in Albuquerque, New Mexico, and Bethel, Alaska, make rare move to organize staff in financial industry Workers at two Wells Fargo bank branches are planning to launch unionization efforts on Monday in a rare move to organize staff at a financial services company.
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‘We’re not backing down’: Wells Fargo workers push to grow union campaign
TheGuardian
DECEMBER 20, 2023
Four branches of the bank in New Mexico, Alaska, California and Florida have filed for union elections since November Workers at Wells Fargo, the fourth largest bank in the US, have ramped up their union organizing campaign in recent weeks in a move that marks the largest union drive at a US bank in decades. Continue reading.
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Nusenda Credit Union buying bank in New Mexico
American Banker
JUNE 6, 2023
Nusenda's agreement to buy Western Heritage Bank would be its first bank acquisition and the first such combination in the state.
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CFPB May 2016 complaint report highlights credit reporting complaints, complaints from New Mexico consumers
CFPB Monitor
MAY 26, 2016
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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Credit Union Association of New Mexico names first Latino CEO
American Banker
MARCH 11, 2021
Juan Fernandez Ceballos will take the helm at the state league following Paul Stull’s retirement this summer.
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BANK 34 Kasasa Cash Available In Arizona And New Mexico
BankDeals
MAY 14, 2020
BANK 34 (AZ and NM) Kasasa Cash account currently earns 2.50% APY on qualifying balances up to $25k. The Kasasa Saver earns 0.50% APY on balances up to $50k.
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New lender to serve minority entrepreneurs in New Mexico
American Banker
FEBRUARY 10, 2023
(..)
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Study of Illinois 36% interest rate cap finds reduced access to credit
CFPB Monitor
JANUARY 30, 2023
In recent blog posts, we discussed the efforts of both Michigan and New Mexico to impose a 36% annual interest rate cap. Over the past few years, numerous states have imposed interest rate caps on consumer credit. Last year, Congress took up the discussion of a national 36% annual interest rate cap. Continue Reading
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One Wells Fargo branch has voted to unionize. Here's what's next.
American Banker
DECEMBER 20, 2023
The vote by workers in a New Mexico branch is the first union victory at a megabank in decades, though unionization efforts at another Wells branch took a step back.
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Industry Slant // Bo Berg Talks Giant Schnauzers, DJing, Financial Services
Perficient
NOVEMBER 8, 2021
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.
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MainStreetEXPO.com Aims To Help Small Merchants With New Platform
PYMNTS
OCTOBER 2, 2020
The website is now being piloted with retailers from Montana, Colorado, Texas, New Mexico, Massachusetts and Maryland. "We went from whiteboard to launch in 30 days because we care fiercely about seeing our small businesses survive COVID and thrive after COVID," said SANDIA Marketing and Advertising Founder Bernard Sandoval.
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JD Sports Purchases California-Based Shoe Palace
PYMNTS
DECEMBER 15, 2020
More than 50 percent of the retail locations are in California, but the retailer has an “established retail presence” in Hawaii, New Mexico, Colorado, Florida, Arizona, Nevada and Texas. The chain currently has 167 retail locations, most of them operating under the Shoe Palace flag. 31, 2019, according to the announcement.
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Transactions: Pidgin, Bankers’ Bank partner up
BankInovation
JULY 20, 2022
Customers of $250 million Bankers’ Bank — with more than 250 community banking customers in Oklahoma, Texas and New Mexico — can now send payments directly between financial institutions without a third-party holding account or virtual […].
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Bitcoin Daily: Argentina's Crypto Exchanges See Record Growth In 2020; JD.com Sees 20,000 Digital Yuan Transactions In 24 Hours
PYMNTS
DECEMBER 14, 2020
The expansion includes 10 new states: Georgia, Hawaii, Nevada, New Mexico, Ohio, Oregon, Maryland, West Virginia, Delaware and Rhode Island, according to the release. Meanwhile, Coinme , crypto exchange, and Coinstar have announced in a press release that their number of bitcoin-enabled kiosks nationwide in the U.S.
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Pandemic Puts Retail And NRF On Front Lines Of New Surge In Cases
PYMNTS
NOVEMBER 11, 2020
10) the NRF filed a request under the New Mexico Inspection of Public Records Act to release information related to new restrictions placed on retailers and eateries, as the state experiences a spike in COVID-19 cases. This time around the argument has drawn the attention of the National Retail Federation ( NRF ), which is U.S.-based
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New Unemployment Claims Down 48K To 709K
PYMNTS
NOVEMBER 12, 2020
24 were in Hawaii (9.9), California (8.9), New Mexico (8.5), Nevada (8.2), the Virgin Islands (7.1), Massachusetts (7.0), Puerto Rico (6.9), Georgia (6.8), District of Columbia (6.5) The highest insured unemployment rates in the week ending Oct. and Alaska (6.1). The largest increases in initial claims for the week ending Oct.
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CrossFirst in Kansas buying Farmers & Stockmens Bank to move into Colorado, New Mexico
American Banker
JUNE 14, 2022
(..)
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CEO of State Employees Credit Union in New Mexico to retire
American Banker
JUNE 10, 2021
(..)
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USDA?s SNAP Benefits Can Used In 25 States, DC To Buy Groceries From Amazon
PYMNTS
MAY 28, 2020
As of this week, customers with SNAP in the states of Colorado, Maryland, Massachusetts, Michigan, Minnesota, New Jersey, New Mexico, Vermont, Virginia, West Virginia, and Wisconsin can now use their cards to buy groceries from the website’s services and have them delivered to the customers’ doors.
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Powering Protein Snacks With eCommerce And Rockfish
PYMNTS
AUGUST 5, 2019
He also partly grew up on a cattle ranch in New Mexico.) After working in research, Mendoza left his job and career to move back to New Mexico. OneForNeptune Founder and CEO Nick Mendoza was a marine scientist before starting his fish jerky business scaled from small-scale fisheries. (He
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Travelers Expands Amazon Smart Home Program
PYMNTS
NOVEMBER 20, 2018
The new states enjoying these perks now include Alabama, Arizona, Connecticut, Idaho, Illinois, New Jersey, New Mexico, Oregon, Tennessee, Texas and Utah. The discounts — along with a free Amazon Echo Dot — were first available to Travelers home insurance customers in California, as well as its Quantum Home 2.0
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The power of a CDFI
Independent Banker
NOVEMBER 30, 2021
The majority of the FSWCF’s loan programs are dedicated to small businesses in rural Colorado, New Mexico and the Navajo Nation. They envisioned creating a network of existing community banks primarily in rural Colorado and New Mexico that accessed the same funding they had, even if they weren’t CDFIs.
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Last Labor Report Before Election Shows Drop In US Jobless Claims
PYMNTS
OCTOBER 29, 2020
During the week ending Oct.
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Amazon Said To Roll Out PillPack Service To Employees
PYMNTS
NOVEMBER 21, 2018
The publication said PillPack recently filed for several new pharmacy licenses, most of which are to secure clearance to ship drugs from its warehouse in Phoenix to customers, reports said.
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Amazon’s Whole Food Discounts Are Rolling Out Across Dozens Of States
PYMNTS
MAY 30, 2018
As of today, the extra benefits are available at Whole Foods Markets in Arkansas, Colorado, Florida, Idaho, Kansas, Kansas City, Missouri, Louisiana, New Mexico, northern Nevada, northern California, Oklahoma, Texas and Utah.
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CFPB, FTC and others partner to target phantom and abusive debt collection
CFPB Monitor
OCTOBER 6, 2020
Additionally, the operation includes actions by authorities in the following states: Arizona, California, Colorado, Connecticut, Florida, Idaho, Illinois, Indiana, Massachusetts, New Mexico, North Carolina, North Dakota, New York, Ohio, South Carolina, and Washington. .
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Casino Reopenings Draw In Gamblers Despite Online Gaming Surges
PYMNTS
MAY 19, 2020
The mayor, who is also a table games manager at a local casino and hotel, said per the report that he has come across people traveling from states that are close by as well as those that have come from Florida, Texas, New Mexico and New York.
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130 Sandia Laboratory FCU to expand footprint with merger
American Banker
SEPTEMBER 23, 2020
A pending combination with Animas Credit Union will broaden the Albuquerque-based institution's reach in northern New Mexico.
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Kroger Expands Home Chef Meal Kit Offerings To New Stores
PYMNTS
FEBRUARY 7, 2019
By the end of February, customers will also be able to purchase Home Chef retail meal kits in Arizona (Fry’s and Smith’s), California (Ralphs); Colorado (King Soopers); Idaho , Montana , Nevada , New Mexico , Utah , Wyoming (Smith’s), Indiana (Kroger), Ohio (Kroger, Columbus), Oregon and Washington ( Fred Meyer and (..)
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116 Bancorp 34 CEO Jill Gutierrez announces retirement
American Banker
SEPTEMBER 4, 2020
The New Mexico company had recently hired James Crotty, a former director at Keefe, Bruyette & Woods, to serve as its co-CEO.
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BBVA, Prosper Partner To Offer Easier Home Equity Loans
PYMNTS
NOVEMBER 4, 2019
Online lending marketplace Prosper has teamed up with BBVA USA to offer a new way for consumers to apply for a home equity line of credit (HELOC), which involves significantly less paperwork and waiting than traditional means, according to a release.
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100 BBVA, Prosper Partner To Offer Easier HELOC Application Process
PYMNTS
NOVEMBER 4, 2019
Online lending marketplace Prosper has teamed up with BBVA USA to offer a new way for consumers to apply for a home equity line of credit (HELOC), which involves significantly less paperwork and waiting than traditional means, according to a release.
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FTC Shuts Down Debt Collector as Part of “Operation Corrupt Collector”
CFPB Monitor
OCTOBER 22, 2020
Postal Inspection Service as well as state-level activity in Arizona, California, Colorado, Connecticut, Florida, Idaho, Illinois, Indiana, Massachusetts, New Mexico, North Carolina, North Dakota, New York, Ohio, South Carolina and Washington. Department of Justice and U.S.
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'Tiptoeing' into branch transformation
ATM Marketplace
SEPTEMBER 19, 2016
New Mexico-based Pioneer Bank believes it has found the best way to reduce operating costs while enhancing customer service.
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48 Emergent Technology Invests In Trust Stamp To Verify Identities
PYMNTS
SEPTEMBER 25, 2018
It is also being piloted to fight human trafficking by the Attorneys General of New Mexico and Guanajuato, Mexico, with a future rollout planned for additional U.S. EmTech noted that the Trust Stamp hash is in operation across multiple industries, including banking, FinTech, KYC/AML compliance, real estate and law enforcement.
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Rebeca Romero Rainey: You make the American dream possible
Independent Banker
JUNE 27, 2018
I’m looking forward to returning to my home state of New Mexico to visit with the Independent Community Bankers of New Mexico. By working together and pressing tirelessly for needed change, we will be able to better serve our customers and communities. And for community banks, that’s what it’s all about.
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