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Minnesota federal court decision is warning to lead generators

CFPB Monitor

A Minnesota federal district court recently ruled that lead generators for a payday lender could be liable for punitive damages in a class action filed on behalf of all Minnesota residents who used the lender’s website to obtain a payday loan during a specified time period.

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Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers

PYMNTS

a global payments provider, now accepts Electronic Benefits Transfer (EBT) payments at grocers, allowing Supplemental Nutrition Assistance Program (SNAP) participants to purchase groceries online for the first time, the Wisconsin-based company announced on Tuesday (May 5). brand, is accepting online EBT payment at select locations.

Online 151
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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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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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Morty Raises $3M To Bring Its Online Mortgage Platform To The Masses

PYMNTS

The platform is licensed in Colorado, Florida, Georgia, Maryland, Minnesota, North Carolina, Oregon, Tennessee, Virginia and Washington, D.C. Morty isn’t the only one trying to get into the online mortgage market. In the future, Morty plans to add more markets. Morty is a free platform for borrowers.

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Target Brings Local Crate Meal Kits To More Stores

PYMNTS

Following a test of Local Crate in select stores, Target is bringing the company’s meal kits to over 200 stores in California and Minnesota. With the Local Crate meal kits, Target is bringing them to 54 stores in Minnesota and 142 stores in California. The meal kits are designed to serve two people and sell for $8 to $15.

Minnesota 108
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Christopher & Banks Seeks Chapter 11 Bankruptcy

PYMNTS

Christopher & Banks also said it is talking with possible purchasers for its online shopping platform and related property. Minnesota-based Christopher & Banks Corporation showcases privately branded women’s clothing and accessories, and it ran just under 450 shops in 44 states as of Jan.