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CFPB Feb. 2016 complaint report highlights prepaid card complaints, complaints from Texas/Houston metro area consumers

CFPB Monitor

The CFPB has issued its February 2016 complaint report which highlights complaints about prepaid cards and complaints from consumers in Texas and the Houston metro area. For January 2016, debt collection continued to be the most complained-about financial product or service, representing about 31 percent of complaints submitted.

Houston 60
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Buying into AML risks in real estate

Abrigo

In 2016 when the Panama Papers exposed an international network of offshore entities involved in tax evasion, fraud, and sanction evasion, some of which included real estate holdings, regulations began to change. According to the National Association of Realtors, there were more than 106,000 real estate brokerage firms in the United States.

El Paso 195
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15 Minutes With … Jimmy Rasmussen

Independent Banker

I have served on the audit committee (yes—we are thoroughly audited) for the past three years and will be serving on the budget committee in 2016. Finally, I focus on economic news in our markets, which include five communities south of Houston. I fly to Dallas the evening before each meeting and fly back on Thursday afternoon.

Dallas 131
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Uber and Lyft Drivers Could Gain Access to Digital Ad Revenue

PYMNTS

As the report notes, “Firefly’s digital screens, which display geotargeted ads for national and regional brands based on driver routes, area demographics, and traffic patterns, tap into the fast-growing global out-of-home ad market. percent of respondents said they participated in the gig economy, the highest number since Q3 2016.

Detroit 123
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Building Bridges For Chinese Consumers To U.S. Commerce

PYMNTS

million Chinese nationals visited the U.S. in 2016 (the last year for which data is available), spending a net total of $333 billion. If Alipay were a nation, it would be the third largest on Earth. According to the U.S. Commerce Department , 2.97 That’s roughly $7,200 per person per U.S visit, according to the U.S.

Las Vegas 112
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Team USA Launches Omnichannel Strategy For Olympic Retail

PYMNTS

professional sports leagues such as the National Basketball Association (NBA) and the National Football League (NFL). But, generally speaking, the most popular cities for Fanatics’ Olympic sales are New York City, Chicago, Atlanta, Houston and Los Angeles. The Economics. Retail Gold.

Retail 118
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The Apple Pay Pivot?

PYMNTS

We’ll get a peek at the latest consumer adoption of Apple Pay — our sixth quarter of results on that score — on March 17 at Innovation Project 2016. Apple Pay got another big endorsement this week from the nation’s largest gas station chain, ExxonMobil. Coming Soon To A Gas Pump Near You — Sort Of.

Apple 100