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Lawmakers Eye Alternatives To Renter Security Deposits

PYMNTS

Lawmakers across multiple states are considering legislation to reconfigure the often burdensome security deposit structure that adversely affects renters of less financial means, according to the Wall Street Journal. As many as one fourth of all renters in the United States devote 50% or more of their monthly expenses to rent.

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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. The news comes as Venezuela now considers both Petro and the “sovereign Bolivar” to be official national currencies.

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Experts: US House Examines Legislative Actions To Combat Cybercriminals

PYMNTS

But Kellerman and other security experts advocated at the hearing for legislative measures, such as modernizing anti-money laundering (AML) and forfeiture rules and moving the Secret Service to the Treasury Department, to help combat the threat.

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Fiserv Enables SNAP Online EBT Payment Acceptance For Grocers

PYMNTS

In addition to New York, the program is now available for SNAP recipients in Alabama, Arizona, California, Florida, Iowa, Kentucky, Nebraska, New York, Oregon and Washington. The ability for grocers to enable safe and secure ecommerce, for all of their customer segments, remains critically important to their success.”.

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Virtual Cards Run Into Payroll Card-Like Legal Troubles

PYMNTS

House Bill 818, passed unanimously in the state Legislature, makes Georgia the second state to adopt legislation, which also passed in Alabama, according to reports. Alabama passed legislation in 2016 to address unfair fees linked to virtual card payments to health care providers. The rules become effective Jan.

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

PYMNTS

Shipt , the online grocery ordering and delivery service, has announced that it has secured $20.1 Founded and based in Birmingham, Alabama, Shipt launched in Nov. Under CEO Bill Smith’s leadership, Shipt has quickly become a nationally recognized company in the home grocery delivery space.

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Who were ICBA’s Top Lenders of 2022?

Independent Banker

The bank, which attributes 31% of its loan portfolio to agriculture, opened loan production offices (LPOs) in Mississippi, Florida and Alabama. “We Security Bank Midwest. Security Bank. American Bank, National Association. Classic Bank, National Association. The First National Bank In Sioux Falls.