Alabama Reopens And COVID-19 Cases Soar 300 Pct Month Over Month

PYMNTS

After Alabama reopened on May 1, the state has seen coronavirus cases surge by 300 percent month over month, with intensive care units (ICUs) at less than 4 percent capacity remaining and medical workers “exhausted physically and mentally,” Montgomery Mayor Steven Reed said on CNBC.

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 Alabama Securities Commission on Tuesday (Nov. The future is looking a bit more golden for CORO Global.

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Coronavirus Refunds: University Of Alabama To Reimburse Students For Football Season Tickets

PYMNTS

The University of Alabama will be reimbursing its students for ticket plans that were bought in the spring for this year’s football season, Roll Tide Wire reported. Coronavirus COVID-19 Football News refunds season tickets University of Alabama

University of Alabama test provides lessons on digital ID, payments

Payments Source

NFC University of Alabama Internet of things Mobile wallets Digital IDThe move to dump passwords in favor of more flexible authentication will likely happen in clusters, with schools providing many of the factors necessary.

Alabama-Based Citizens Bank & Trust Chooses Fiserv Technology For Core Processing

PYMNTS

Alabama-based Citizens Bank & Trust will bolster its online banking experience and “drive commercial and retail growth” with technology from Fiserv , according to a Tuesday (March 30) announcement emailed to PYMNTS.

Alabama Tests Selfie Authentication To Fight Tax Fraud

PYMNTS

The company recently announced a partnership with the Alabama Department of Revenue (ADR). By implementing state-of-the-art technologies, like the MorphoTrust eID, the state of Alabama continues to demonstrate that it is doing everything possible to protect our taxpayers from anyone looking to steal their information and use it to file fraudulent state tax returns,” said Julie P.

Investar ending 2020 with deal for Alabama bank

American Banker

Community banking M&A Growth strategies Alabama LouisianaThe Louisiana company sold $30 million in stock to help fund its purchase of Cheaha Financial Group.

Alabama One Credit Union to buy First Bank of Linden

American Banker

The purchase-and-assumption transaction, if approved, would become the first credit union-bank merger in Alabama. Credit unions M&A Growth strategies Alabama Community banks

Alabama banks announce plans to merge

American Banker

M&A Growth strategies Alabama Community banksUSAL Bancorp will have nearly $300 million in assets after it buys Escambia County Bank.

Bank OZK to exit Alabama with branch sales

American Banker

Revenue and expenses Alabama Branch deals Community banksThe Arkansas bank is selling its two branches in the state to Merchants & Marine Bancorp and FEB Bancshares.

BankFirst adding to Alabama operations with T&F purchase

American Banker

Community banking M&A Capital Growth strategies Alabama MississippiThe Mississippi company will pay $49 million for Traders & Farmers Bancshares.

Bank of Frankewing Offers Kasasa Cash In Tennessee and Alabama

BankDeals

Bank of Frankewing's Free Kasasa Cash with a competitive rate and balance cap is available online in south middle Tennessee and north Alabama

BancorpSouth to buy FNS Bancshares in Alabama

American Banker

The Mississippi bank will pay $108 million for the parent of FNB Bank, which has branches in Alabama, Georgia and Tennessee. Community banking M&A Growth strategies

Grocery Delivery Alabama Startup Shipt Takes On Instacart, AmazonFresh And Google

PYMNTS

Until now, the Alabama startup had not made any move to topple the reigning grocery delivery champs out of major coastal cities like New York and Los Angeles, but now that can finally change. The Alabama startup eliminates grocery store trips for 20 million families in 47 metro areas. So far, the Alabama startup is faring pretty well against Goliath. David is taking on Goliath as Shipt, an online grocery delivery startup based in Birmingham, Ala.,

Bank OZK Exits Alabama Market Through Branch Sales

Banking Exchange

The $24.6 billion banking giant has agreed to sell two branches to M&M Bank and 22nd State Bank, while PA-based Community Bank is closing two premises Management Feature M&A Feature3 Community Banking. 1Management

An Alabama bank shutters its consumer lending unit

American Banker

Consumer banking

TR34 Remote Key-Transfer Project Completed at Alabama Credit Union

ATM Marketplace

Redstone Federal Credit Union, working with Trusted Security Solutions, has implemented a remote key-loading PCI- compliant protocol, giving the credit union the ability to remote key load all of its ATMs

Alabama deal adds grist to debate over bank-credit union mergers

American Banker

Credit unions M&A CRE

United in Alabama to enter new market with bank acquisition

American Banker

The company will pay $29 million for Town-Country National Bank in Camden, Ala., which will operate as its own subsidiary after the deal closes. ]]. Community banking M&A Growth strategies

Greece is important and so is Alabama

The Bankwatch

This quote from Rana Foroohar on CNN this weekend makes one stop and think. A similar comment related to Connecticut (similar GDP to Greece) effectively bailing out any of the smaller southern US states every year. Why Greece Matters for Everyone. It’s not that the economy of Greece itself matters so much– China creates a new Greece every six weeks –it’s that a Greek exit from the Eurozone calls into question the entire European experiment.

With core switch, small Alabama bank aims to settle transactions in real time

American Banker

Real-time data Community banking Customer experience

Bitcoin Daily: Alabama Works On ‘Operation Cryptosweep,’ Venezuelan Banks Ordered To Accept ‘Petro’ Crypto

PYMNTS

In other news, the Alabama Securities Commission (ASC) is working on “Operation Cryptosweep” with the North American Securities Administrators Association, AL.com reported. Dash is teaming up with Kripto Mobile to spread its payment system through Latin America, Cryptovest reported. Users in the region are able to spend and acquire Dash through their mobile phones, which comes loaded with the Dash ecosystem.

Coronavirus concerns prompt Louisiana bank to terminate acquisition

American Banker

Investar Holding said it no longer plans to buy Cheaha Financial in Alabama. Louisiana M&A Coronavirus Alabama Community banks

SouthCrest to Sell Its Alabama Branches to Guardian Credit Union

American Banker

has agreed to sell its only Alabama branches to Guardian Credit Union in Montgomery, Ala. SouthCrest Financial Group in Woodstock, Ga., breaking_news dealmaking-strategy branch-deals retail-branch-strategies ga wi community-banking

RiverFall Credit Union Has Highest CD Rates In Alabama

BankDeals

RiverFall Credit Union (AL) has competitive CDs: 60-month (2.22% APY), 48-month (2.02% APY), 36-month (1.86% APY), and 24-month (1.71% APY). 500 min deposit

Trustmark to Buy RB Bancorp. in Alabama

American Banker

Trustmark in Jackson, Miss., has agreed to buy RB Bancorp. in Athens, Ala. breaking_news community-banking m-a ms al dealmaking-strategy

Life After The CDC Eviction Ban

New York's State of Mind

COVID-19 Legal Watch Mortgage Lending New York State Alabama Association Of Realtors et al v Department of Health And Human Services et al CFPB Supreme Court decisionThe Supreme Court yesterday ruled that the CDC exceeded its authority when it enacted a nationwide ban of evictions against tenants who claim to be suffering a COVID-19 related hardship. The court’s ruling surprised absolutely no one who has been following the issue.

Walmart Tests Digitally Enhanced Stores

PYMNTS

Walmart has started trialing new digital services in its Mobile County, Alabama supercenter, including ModiFace , a new device that enables customers to digitally test makeup. The Alabama store, which had its grand reopening late last week as a high-tech supercenter, is among the few locations that are getting a redesign with more advanced technologies, noted the report. Innovation alabama brick and mortar Modiface News Retail shopping technology walmart What's Hot

6 key Senate races for bankers to watch

American Banker

Senate Banking Committee Arizona Election 2020 AML North Carolina Mitch McConnell Marijuana banking Alabama Georgia Regulatory reform

Peoples Set to Acquire Premier Financial Bancorp for $292M

Banking Exchange

Plus: Investar Holding Corporation approved for purchase of Alabama community bank Management Feature M&A Feature3 Community Banking. 1Management

Alabama Credit Union to Buy In-State Bank

American Banker

Family Security Credit Union, a $580-million institution based in Decatur, Ala., said it has entered into a definitive agreement to purchase substantially all of the assets and assume the deposits of the privately held Bank of Pine Hill, based in Pine Hill, Ala. breaking_news community-banking al m-a dealmaking-strategy

New (Yet Familiar) Boss at Robertson Banking in Alabama

American Banker

Robertson Banking Co. in Demopolis, Ala., has given its president, Gary Holemon, the additional title of chief executive. people breaking_news succession-planning al consumer-finance

Equifax reaches deal with 8 states on steps to avoid future breaches

Payments Source

Data breaches Data security Data privacy Corporate governance Risk management Security risk Equifax FTC CFPB California New York Texas Georgia North Carolina Massachusetts Maine AlabamaUnder a consent order with Texas and seven other states, the Atlanta-based credit reporting firm agreed to shore up its information security efforts, but it will not have to pay any financial penalties.

Bancorp South Offers Rewards Checking In Eight States

BankDeals

Bancorp South offers its Performance Checking and Performance Savings accounts in Alabama, Arkansas, Florida, Louisiana, Missouri, Mississippi, Tennessee, and Texas

CenterState, South State Agree to $6 Billion Merger

Banking Exchange

The combined entity will cover Florida, Georgia, Alabama, the Carolinas, and Virginia when it completes in Q3 2020 Community Banking M&A Management Feature Feature3.