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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. ]].

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Lawmakers Eye Alternatives To Renter Security Deposits

PYMNTS

New York, Ohio, and Virginia lawmakers all have introduced security deposit-focused legislation designed to help renters in markets often without designated, affordable and low-income housing. Alabama, Connecticut, and New Hampshire representatives say they will follow suit this year with a similar legislative approach.

Security 139
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Shipt Gets $20 Million In Funding To Challenge Amazon, Google

PYMNTS

million in Series A funding that the company plans to use to expand into new markets and further compete with well-heeled online food delivery giants, like Amazon, Google and Instacart. Founded and based in Birmingham, Alabama, Shipt launched in Nov.

Google 100
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36 State Attorneys General settle with CarMax over non-disclosure of open safety recalls

CFPB Monitor

Additionally, CarMax is prohibited from directly or indirectly stating in marketing, advertising, or during sale (including vehicle labeling) that a vehicle is “safe” or has been repaired for “safety issues.” . This information must also be displayed on the window sticker for vehicles sold in stores.

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TGI Fridays, Fast Casual Food To Cater To Millennial Expectations

PYMNTS

It’s far from the first brand to attempt to express its pro-millennial stance through open floor plans and extended hours, but newly minted CEO Robert Palleschi told Nation’s Restaurant News that the Corpus Christi concept store will also be one where TGI Fridays gets to test out a whole new culture.

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

PYMNTS

But Facebook got the jump on the news cycle this week with the big news that it was opening up Facebook Canvas for retailers and other marketers on the site, as opposed to just advertis e rs. Last week , Walmart Pay rolled out in Alabama and Georgia. Yesterday’s “real” action resulted in a market cap of around $2 billion.

Lending 101
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The Whole Paycheck Tracker: Bringing SNAP Recipients Into The Digital Fold

PYMNTS

In early 2017 the USDA pushed out a pilot program that allowed SNAP enrollees to buy groceries online with their card in seven states and with seven grocery partners: Amazon, FreshDirect, Safeway, Dash’s Market, Hy-Vee, ShopRite and Hart’s Local Grocers. eCommerce Head of Fashion Denise Incandela said in an announcement for the offering.

New York 117