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First Citizens, CIT Group Merger Will Create $100B Bank

PYMNTS

The merged firm will be headquartered in Raleigh, North Carolina and will operate under the First Citizens name and NASDAQ ticker symbol FCNCA. Among other locations, operation centers will be located in New York, New Jersey, California, Nebraska, Arizona, Florida and South Carolina.

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CORO Global Brings Gold Payment App To Alabama

PYMNTS

The company – and its gold trading app – just expanded its reach in the United States with the addition of a license to operate in Alabama. The future is looking a bit more golden for CORO Global. The Alabama Securities Commission on Tuesday (Nov.

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FTC Shuts Down Debt Collector as Part of “Operation Corrupt Collector”

CFPB Monitor

A Georgia federal district court has entered a temporary restraining order against a Georgia-based debt collection operation in response to a complaint filed by the Federal Trade Commission. In addition to the FTC’s actions, Operation Corrupt Collector includes two cases filed by the CFPB, three criminal cases brought by the U.S.

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$20M Real Estate Sale Looks To The Blockchain

PYMNTS

In this case, the real estate is located in South Carolina, and is tied to a luxury student residence located near the University of South Carolina. Headlines this past week state that Modern Terminals, the second-largest container operator based in Hong Kong, has joined TradeLens.

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Retailers Wary Of Opening As Some States Restart Economies

PYMNTS

are some of the large national chains noting they will not partake in the early phase of reopening in places like South Carolina and Georgia per The Wall Street Journal. The governor of South Carolina let retail stores start operations again this week at one-fifth of usual capacity or five people for each 1,000 square feet.

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Here is The Math Behind the High-Yield Account

South State Correspondent

If you bank in a fast-growing state such as Nevada, Utah, Idaho, Arizona, Texas, Florida, or South Carolina, population and business formation growth result in lower acquisition costs. New acquisition, sales, marketing, support and management costs drive up the operating cost overtime further hurting profit.

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Pawn Shops, Payday Lenders Benefit From Gov’t Shutdown

PYMNTS

The Financial Times pointed to South Carolina-based World Acceptance for one example. which operates a pawnshop in Austin, Texas, has seen its stock climb 20 percent since the closure of the government. Since the shutdown the stock is up 22 percent. Meanwhile EZ Corp.,