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The State-By-State Complexities Of Sales Tax Compliance

PYMNTS

percent: Tax rate imposed on online sellers in Illinois starting in 2020. $4M: percent: Proposed food and beverage sales tax to affect North Mankato, Minnesota in 2020. Data: 2018: Year of the Wayfair ruling, which limited retailers’ physical presence to tax-exempting states. 100: Minimum number of local tax codes in Alaska.

Taxes 131
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Canadian bank still waiting on regulators to OK cross-border merger

American Banker

VersaBank in London, Ontario, agreed nearly two years ago to buy a small Minnesota bank. The buyer's CEO says he remains hopeful approval will come soon.

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36 State Attorneys General settle with CarMax over non-disclosure of open safety recalls

CFPB Monitor

Any vehicles sold online, including through www.carmax.com or the CarMax mobile app, must also clearly and conspicuously disclose on the first page of the overall description of the vehicle or vehicle history report that the vehicle may be subject to an open recall for safety issues that have not been repaired.

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Sizzle Or Fizzle: Facebook, Online Lending, Cash – And The Twilio Surge

PYMNTS

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. Online lending . Walmart Pay.

Lending 101
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The case for end-to-end digital lending

Independent Banker

In early 2021, the $490 million-asset community bank launched its Finastra Consumerbot product, which offers online applications for consumer loans for items like boats and vehicles. began offering online applications nearly a decade ago and rolled out its custom online loan application tool in 2016.

Lending 91
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The Big Gorilla

Independent Banker

Far more than any other issue, regulatory compliance is the biggest challenge community bankers experienced in 2015, with 43 percent naming it as such in ICBA’s State of the Community Banking Industry survey. See ICBA’s legislative summary online at www.icba.org/advocacy/highwaybill.). Don Murray, Commerce Bank of temecula valley.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

First State Bank Minnesota. Citizens Bank Minnesota. Self Financial handles the technology, including access to online accounts and an app, as well as marketing aspects of the program, and Lead Bank provides the compliance and access to the banking system. American National Bank of Minnesota. Security Bank Midwest.