article thumbnail

U.S. Bank fined $36M over freezes of COVID-era unemployment benefits

Payments Dive

The Minneapolis-based lender flagged a CFPB probe into prepaid card use last year. The OCC added a separate penalty Tuesday.

article thumbnail

Zip ditches Sezzle BNPL buyout

Payments Dive

The Australian company will pay $11 million to Sezzle after it dropped a plan to purchase the Minneapolis-based company in the face of “macroeconomic and market conditions.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Minneapolis Fed Chief Calls For ‘Generous’ SMB Funding

PYMNTS

The Federal Reserve Bank of Minneapolis President Neel Kashkari said on Thursday (April 2) that policymakers should be generous with the help that is extended to small businesses.

article thumbnail

Perficient Named a Top Workplace In Minnesota

Perficient

Our Minneapolis office takes pride in their culture. But they’re also actively involved in the Minneapolis community and making it a better place for everyone. ” -Art Quinn, General Manager Minneapolis. In 2019 In 2019, we ranked as a top employer brand in Detroit , Orange County , Minneapolis, St.

Minnesota 332
article thumbnail

Career Growth at Perficient: “Never Waste a Day”

Perficient

Soon after Paul left his interview in the Perficient Minneapolis office, he received an email offering him a position. Art Quinn, general manager of Minneapolis, take great pride in the culture of his team. His experience and skill with AEM made his transition from our Minneapolis GEO to our Adobe Business Unit natural.

article thumbnail

Verizon Activates 5G In Chicago And Minneapolis, More Cities To Follow This Year

PYMNTS

Verizon has activated its 5G wireless network in Chicago and Minneapolis, the company announced on Wednesday (April 3), and it plans to roll it out to 30 more markets by the end of the year, according to a report by CNBC. The company won’t see revenue from the new network until 2021, Verizon CEO Hans Vestberg said.

article thumbnail

U.S. Bank to Donate Minneapolis Branch to Nonprofit Community

Banking Exchange

Converted branch will include affordable housing, commercial and outdoor spaces, nonprofit services, and arts and cultural destinations Community Banking Feature3 Feature Fair Lending Diversity Inclusion Human Rights Small Business.