PYMNTS

APRIL 10, 2020

Marcus , the online-only consumer banking and lending arm of Goldman Sachs, offers personal loans with no late fees of up to $10,000, with rates ranging from 10.99 billion despite buying startups and building call centers in Utah and Texas, according to The Wall Street Journal.

Los Angeles 212

Los Angeles San Francisco New York City New York 212

PYMNTS

JUNE 26, 2020

Many banks braced themselves for an oncoming surge in the number of consumers accessing their financial accounts online or via mobile banking apps, but safely and seamlessly providing that access remained tricky for many in the space. The Tracker also analyzes how the use of cloud technology can help FIs stay on top of that shift.

Meeting 227

Meeting Mobile Digital Banking Tools 227

PYMNTS

DECEMBER 8, 2020

Paxton’s office also is looking into Google’s online advertising practices. It was filed following a year-plus investigation into Google’s dominance in online search and advertising. An antitrust complaint was filed against Google in October by the Department of Justice (DOJ), Paxton, and 10 other Republican state attorneys general.

Texas 162

Texas Google North Carolina Nebraska 162

PYMNTS

NOVEMBER 21, 2019

Using the Route App, users can visually track and protect online orders as well as resolve issues. The startup has offices in Silicon Slopes, Utah and Santa Monica, California and was co-founded in 2014 by Evan Walker, who serves as the company’s chief executive officer.

Utah 141

Utah Online Training California 141

PYMNTS

APRIL 30, 2020

For many companies, Utah-based SeekXR among them, AR is a growing retail technology that has been put in the spotlight due to the non-essential retail shut down. Now, companies that have been selling furniture online, such as Wayfair and Overstock, are doing well. With the crisis accelerating the shift online, the world has flipped.

Retail 251

Retail Examples Utah Online 251

PYMNTS

DECEMBER 30, 2018

One person familiar with the plans told the Wall Street Journal that in the Rocky Mountain region Whole Foods employees have visited retail spaces in Idaho, the southern part of Utah and Wyoming, areas where Whole Foods doesn’t have a presence.

Wyoming 159

Wyoming Idaho Utah Regional 159

Abrigo

APRIL 4, 2020

The SBA Utah District Office , for example, has established a Rapid Response Team with the Governor’s Economic Recovery Task Force to handle the requests. However, many of these borrowers were unable to immediately secure a loan. Many bankers, however, are not even able to access E-Tran. There have been many technical issues."

Lending 320

Lending System Community Utah 320

PYMNTS

MAY 1, 2017

Virtualities, the company that runs virtual reality theaters and arcades, has been opening up locations in strip malls and retail space that are being abandoned due to the move toward online shopping. The Void, another VR entertainment company has a VR park in Lindon, Utah which combines a physical set with VR film experiences.

Utah 103

Utah Retail Samsung Course 103

PYMNTS

FEBRUARY 6, 2020

In terms of general practice, lenders, including those that operate online, must partner with chartered banks.). She offered a list of other firms engaged in similar practices, such as LoanMart, where auto title loan rates range from 60 percent to 222 percent, and where bank sponsors are based in Utah.

Utah 130

Utah National California Regulation 130

PYMNTS

APRIL 7, 2020

Headquartered in Lehi, Utah, the company offers a variety of messaging solutions that help local companies connect with their neighborhood customers. Contactless transactions that happen online are especially important now, as most of the world locks down and practices social distancing due to the coronavirus pandemic.

Payments 166

Payments Utah Apple Google 166

PYMNTS

SEPTEMBER 15, 2020

Payments providers are seeking more secure and compliant ways of onboarding and authenticating customers to help deter online fraud. Governments and organizations around the world are also seeking biometrics identity verification technology to authenticate credentials online. Around The Digital Identity Ecosystem.

Report 206

Report Los Angeles Fraud Utah 206

PYMNTS

MAY 27, 2020

The representative continued, “For customer safety and convenience, most stores will offer curbside or storefront service only, where we provide online order pick-up and Genius Bar appointments.”. Apple will reportedly open stores again this week in Georgia, Florida, Texas, Utah, Arizona, Nevada and Missouri, among other states.

Apple 142

Apple Retail US Nevada 142

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

PYMNTS

JULY 13, 2016

The Wall Street Journal reported on Tuesday (July 12) that the online lender, commonly known as SoFi, with $10 billion in student loans and mortgages across its books, may be forced to don more traditional financial services garb as the online lending sector is buffeted about by negative headlines and looming regulations.

Utah 100

Utah Lending Online Strategy 100

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

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. It was also tabbed by Utah Business magazine as the fastest-growing company in the state. Rent-A-Center , the largest provider of lease-to-own purchase plans in the U.S. said Monday (Dec.

Company 154

Company Utah San Francisco Retail 154

CFPB Monitor

MAY 4, 2022

The CTDPA follows the form and content of other privacy laws passed in the prior year, including the Colorado Privacy Act (CPA), Virginia Consumer Data Protection Act (VCDPA), and Utah Privacy Act (UPA). California, of course, passed the California Consumer Privacy Rights Act (CPRA) via ballot initiative in 2020. Children’s Data. Biometrics.

Connecticut 148

Connecticut Utah Colorado California 148

PYMNTS

OCTOBER 16, 2020

The states leading the probe include Arizona, Colorado, Iowa, Nebraska, New York, North Carolina, Tennessee and Utah. billion in sales during Prime Day on Amazon’s online marketplace, as eCommerce activity surges in the wake of the coronavirus pandemic, the tech giant reported. Third-party sellers generated over $3.5

Google 146

Google Study North Carolina Nebraska 146

PYMNTS

FEBRUARY 7, 2019

In addition, Home Chef announced the launch of a customizable meal kit feature for online orders, so that customers can easily change and upgrade recipe ingredients.

Ohio 116

Ohio Montana Wyoming Columbus 116

PYMNTS

MARCH 19, 2020

Also, Square won a banking license for an industrial bank in Utah. The COVID-19 pandemic has forced a number of analog businesses online in a hurry and, in its wake, has shined a bright light on how inconsistent the delivery of these new digital services can be — and where opportunities for innovation can smooth those rough edges.

FDIC 130

FDIC Utah Payments Mobile 130

PYMNTS

OCTOBER 23, 2019

The department did not name specific companies, but said they were related to “search, social media and some retail services online.”. Shores for this important role reflects the significance of the department’s review of competitive conditions among online platforms,” said Deputy Attorney General Jeffrey A.

social media 100

social media Utah Google Online 100

PYMNTS

AUGUST 12, 2020

Jewelry store owners are reporting that despite shutdowns and some difficulties getting customers to switch to shopping online (people like to see jewelry in person), things are going surprisingly well. They want that Manhattan property, but also that getaway in Park City [Utah].”

Sacramento 223

Sacramento Metro America Hawaii 223

PYMNTS

MAY 4, 2016

Prosper is one of several online-based marketplace lenders suffering from falling profits as investor interest in buying consumer loans is softening. The dedicated medical bill facility in Utah has been shut down as part of latest reshuffle. So just how rough is the sledding?

San Francisco 100

San Francisco Phoenix Utah Data 100

PYMNTS

APRIL 17, 2018

PayPal said when combined, the technology can help retailers synchronize online inventory with products in stores. The firm has deals in place with a Delaware bank to issue debit cards, as well as another agreement with a Georgia bank to deposit checks via photo and Utah-based banks for lending activities.

Delaware 101

Delaware Utah Georgia Retail 101

PYMNTS

JUNE 13, 2017

Officially SoFi is looking for an industrial loan charter under the name SoFi Bank in Utah. And though its mailing address will be in Salt Lake city, SoFi will continue to operate as it has since its inception — as an online-only institution, with no branches or deposit-taking ATMs. SoFi has confirmed the news.

FDIC 100

FDIC Utah Millennials ATM 100

CFPB Monitor

JANUARY 25, 2021

Per the Utah Department of Financial Institutions website, Rakuten Bank America’s application for a Utah ILC charter was received on July 26, 2019 and remains pending. . based bank, Rakuten Bank America. Rakuten’s first FDIC deposit insurance application was filed in July 2019, and was withdrawn in March 2020.

FDIC 78

FDIC Utah America Financial Technology 78

Jeff For Banks

APRIL 19, 2015

I teach Bank Profitability for the Washington, Utah, and Montana Bankers'' Associations EDP programs. Utah has many Industrial Loan Companies (ILC''s), which are FDIC supervised financial institutions that can be owned by commercial firms not regulated by a federal banking agency, like a utility company.

Industry 60

Industry Montana Utah Washington 60

American Banker

JULY 13, 2016

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. The company has reportedly been in discussions with Utah…

Utah 28

Utah Fintech Online Report 28

PYMNTS

MAY 4, 2016

According to Wall Street Journal reports, the online lender is shedding 28 percent of its staff and rearranging its executive team. The biggest individual cut will be a Utah office dedicated to lending for medical procedures, but 14 percent of Prosper’s San Francisco- and Phoenix-based workforce is also on its way out the door.

San Francisco 100

San Francisco Phoenix Lending Utah 100

PYMNTS

MAY 30, 2017

Meanwhile, in Utah, Macey’s shoppers can now use their phones to Skip Checkout. is beefing up its ecommerce capabilities with a $10 million investment in online meal kit retailer Chef’d. Instacart started in San Francisco but announced that it plans to launch in more than 100 new markets by the end of 2017. Finally, Campbell Soup Co.

South Carolina 121

South Carolina San Francisco Connecticut Utah 121

PYMNTS

NOVEMBER 2, 2018

New York City seems like a natural fit for the company’s second permanent store, as goop Chief Revenue Officer Kim Kreuzberger told Glossy that 12 percent of the company’s online sales come from the New York metro area (more than San Francisco and Los Angeles). to pick up online purchases via curbside services.

New York 116

New York Los Angeles Retail New York City 116

PYMNTS

JANUARY 7, 2019

One person familiar with the plans told The Wall Street Journal that in the Rocky Mountain region Whole Foods employees have visited retail spaces in Idaho, the southern part of Utah and Wyoming — areas where Whole Foods doesn’t have a presence currently.

Data 139

Data Wyoming Idaho Mobile 139

Independent Banker

DECEMBER 1, 2015

The association accepted nominations online during the month of September, allowing anyone to recommend a community banker for consideration. George, Utah. For the second year, ICBA recognizes the exceptional work of the individual employees of community banks with its. Community Banker of the Year award program. Leonard Moreland.

Community 70

Community Tulsa Texas Utah 70

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

OCTOBER 17, 2017

All industrial banks are chartered in Utah – and there are only 17 such charters issued, 15 of which are currently active. Square already has an SMB lending arm – Square Capital – which it operates through a deal with Utah-based Celtic Bank. Industrial banks are not subject to BHA. billion to more than 141,000 firms.

Industry 108

Industry Fintech FDIC Community Bank 108

PYMNTS

JULY 14, 2020

Utah-based FuturePay has consistently appeared in PYMNTS’ top 5 alternative credit apps, with its offer of flexible monthly payments for consumers and up-front settlement for merchants. Klarna also launched its new “Klarna: Swedish for smooother shopping” campaign in June. stores for Google Pay and Apple Pay users.

Lending 130

Lending FDIC Minneapolis Utah 130

PYMNTS

OCTOBER 30, 2017

Whether consumers are simply looking for information (like the current weather, driving directions or how many cups to a pint) or actually carrying out activities, such as ordering goods online, paying bills or setting the thermostat, “Just ask Alexa” has become almost a reflexive reaction for many.

Security 102

Security Survey Utah Training 102