INDUSTRY INSIGHTS YOUR PEERS ARE READING
Arizona's largest independent grocery chain, was certain it was prepared for the October 2015 EMV liability shift. Bashas' Inc., After all, it had begun purchasing terminals for all of its 1,400 checkout lanes a year in advance. security retail-acquiring technology risk-analytics MORE
Its 520,000 city-proper inhabitants and 1 million metro area denizens more than secure its status as Arizona’s second-largest city and metro. It’s home to the main campus of the University of Arizona, one of the… Best 55 Fun Things to Do & See in Tucson, Arizona – Activities & Attractions is a post from Money Crashers. Tucson is an interesting place. MORE
Colorado and Arizona recently joined the growing number of states that allow state charted credit unions the controversial option of compensating board members. Arizona’s law also allows credit unions to pay committee members. MORE
In an effort to tackle grocery delivery, Kroger announced that it has begun to use autonomous vehicles in Arizona. Retail Arizona Autonomous Car delivery grocery Kroger News Nuro Robots What's Hot MORE
Community banking Capital Growth strategies De novo banks ArizonaOrganizers of Scottsdale Community Bank plan to raise a minimum of $16 million. MORE
In August 2018, Arizona began accepting applications for its regulatory sandbox that “enables a participant to obtain limited access to Arizona’s market to test innovative financial products or services without first obtaining full state licensure or other authorization that otherwise may be required.” At the end of last week, the Arizona AG announced that two more participants, Grain Technology, Inc. CFPB Monitor FinTech State CFS Monitor arizona sandbox MORE
The Arizona Pathways to Life Success for University Students (APLUS) project has followed the same group of young adults from their first year in college through adulthood to measure how financial capability relates to happiness. Rowe Price Ted Beck Univeristy of Arizona What's HotA 10-year study by the National Endowment for Financial Education shows that millennials who are no longer relying on mom and dad for financial help are more confident and happier overall. MORE
Uber ’s self-driving car in Tempe, Arizona, struck and killed a pedestrian Sunday night (March 18), marking the first known fatality of a pedestrian by an autonomous vehicle. Some incredibly sad news out of Arizona,” wrote Uber CEO Dara Khosrowshahi on Twitter on Monday (March 19), according to the WSJ. “We’re MORE
To offer shoppers rides in self-driving vehicles, Alphabet ’s Waymo is starting a trial run for Walmart customers in Arizona. Beyond Walmart, Waymo is working with DDR Corp to provide diners and shoppers with rides to a shopping center in Chandler, Arizona. Though most testing takes place in California, those operations also are conducted in Arizona, Texas, Georgia, Michigan and Washington State. MORE
The announcement came after a autonomous vehicle was involved in an Arizona crash. Following the crash, Uber is pressing pause on testing its self-driving vehicle fleet in Arizona while the accident remains under investigation. When the California Department of Motor Vehicles revoked the registrations for Uber’s self-driving cars, Uber relocated to Arizona for testing, as there are less rigorous permitting requirements. MORE
Fintech regulations CFPB OCC Utah Arizona WyomingUtah this week became the third state to let companies test cutting-edge financial products without fear of violating licensing and other regulations. MORE
And not everyone in Arizona can hitch a ride with the vehicle: Waymo said in a Medium post that it was opening up to “early riders from our research program” before it slowly rolls it out to other riders, with safety as a factor in the speed of the launch. MORE
Fintech regulations Fintech Blockchain Digital currencies Small-dollar lending Underbanked ArizonaThe new law, which is modeled on a similar effort in the United Kingdom, aims to lure financial firms to the desert. It has drawn support from business organizations but opposition from consumer groups — a dynamic that is likely to be replayed in other states. MORE
Community banking AML Trump administration Texas California ArizonaHeightened regulatory scrutiny and a slowdown in commerce have raised concerns about the viability of doing business along the U.S. Mexico border. MORE
First state effort explained by top lawyer. California regulator down on sandboxes Management Financial Trends Technology Fintech. 1Technology MORE
Fintech regulations CFPB OCC Utah Arizona WyomingUtah this week became the third state to let companies test cutting-edge financial products without fear of violating licensing and other regulations. MORE
De novo banks Community banking Capital ArizonaOrganizers of Gainey Business Bank, a bank planned in Scottsdale, received approval from the state's banking regulator to raise capital while completing a charter application. MORE
We talk with Evan Daniels, Fintech Counsel in the Arizona Attorney General’s office, about Arizona’s first-in-the-nation Fintech sandbox and how it is being used to drive innovation in consumer financial services. We also discuss how the CFPB’s current push to encourage innovation interacts with state efforts, such as those in Arizona. FinTech arizona MORE
The National Credit Union Administration (NCUA) in October approved Alaska USA Federal Credit Union's addition of 413 underserved census tracts in Maricopa County, Arizona. million residents in Maricopa County -- further growing the credit union's presence in Arizona. Alaska USA currently operates in four Western states -- Alaska, Arizona, California, and Washington. MORE
Paul Watkins served as chief counsel for the Arizona AG's 150-person civil litigation division and also headed up the office's fintech initiatives. Fintech regulations Enforcement Small-dollar lending Payday lending Mick Mulvaney CFPB Arizona MORE
DepositAccount.com is reporting that Arizona FCU is charging members a $3 per month membership fee. The fee started in January of this year; but is waived for members under age 18 and for Representative Payee accounts. In other words, almost all adult members pay this fee. I wonder what the Move Your Money crowd thinks about this fee. MORE
The report also highlights complaints from consumers in Arizona and the Phoenix metro area. Findings regarding complaints from Arizona consumers include the following: As of December 1, 2016, approximately 23,300 complaints were submitted by Arizona consumers of which approximately 64 percent (about 15,000) were from Phoenix consumers. Barbara S. Mishkin. The CFPB has issued its December 2016 complaint report which highlights complaints about debt collection. MORE
If the assessment of a monthly membership fee is illegal, NCUA should require Arizona FCU to cease and desist from this practice. It should also require Arizona FCU to reimburse all monthly membership fees paid by members. A 1993 National Credit Union Administration (NCUA) legal opinion letter would suggest that a monthly membership fee may be illegal. MORE
Brands’ Pizza Hut is bringing beer delivery to approximately 100 of its restaurants in California and Arizona. The new rollout will include cities such as Tucson, Prescott and Winslow in Arizona, and Los Angeles, Bakersfield, Sacramento and Santa Barbara in California. Delivery Beer Delivery News Pizza Hut Pizza Hut Arizona Pizza Hut California Pizza Hut Delivery Retail What's HotAs restaurant operators seek to bolster sales in the face of weak traffic growth, Yum! MORE
What do Circle K convenience stores have to do with Bitcoin? Retail Banking Technology Payments Branch Technology/ATMs Blockchain Fintech Financial Research Feature Financial Trends Feature3. 1Retail Banking MORE
Once you… Best 46 Fun Things to Do & See in Phoenix, Arizona – Activities & Attractions is a post from Money Crashers. Most non-Arizonans are surprised to learn that Phoenix is the fifth-largest city in the United States, behind only New York, Los Angeles, Chicago, and Houston. It’s fair to ask how such a massive – and growing – settlement sprang up in a parched, sun-baked valley near the northern fringes of the Sonoran Desert. MORE
De novo banks Community banking Economy Capital FDIC ArizonaAt least six groups are exploring opening new banks in the state, which is enjoying an economic recovery and has a dearth of local financial institutions. MORE
The Phoenix Business Journal is reporting that Alaska USA Federal Credit Union (Anchorage, AK) recently paid $17 million for a 2-story, 185,000-square-foot office building in Glendale, Arizona. The article notes that Alaska USA has about 11,000 members in Arizona. Alaska USA operates in Alaska, Arizona, California, and Washington. MORE
The Northern Arizona University Athletics Department announced a five-year partnership with Arizona State Credit Union, beginning July 1, 2015. The Credit Union will serve as the Gold Sponsor for all ticketed athletic events. This partnership will run through 2020, with an option to extend for another five years at that time. No information was disclosed on the cost of the partnership. Read more. Sponsorships MORE
40 Arizona Federal Credit Union (Phoenix, AZ) announced it plans to acquire Pinnacle Bank (Scottsdale, AZ). Arizona FCU has almost $1.7 Arizona FCU stated that the acquisition of Pinnacle Bank would grant its member-owners access to additional mortgage services, expanded small business services, SBA financing options and commercial lending services. This is the first transaction of a credit union acquiring a bank in Arizona. MORE
Like most sandboxes in the tech world, the Arizona fintech sandbox is geared toward securely testing new software. The post A quick look at the Arizona fintech sandbox appeared first on CUInsight. MORE
Bank of America is facing a lawsuit in Arizona from prisoners who contend they are being forced to become customers of the bank because they are given a BoA debit card that also has high and unusual fees. Daria Brill, the lead plaintiff in the case, argues Bank of America preys upon people as they are getting released from Arizona prisons. “BofA is the exclusive provider of debit cards issued to Arizona inmates upon their release from an Arizona corrections facility.” MORE
(The Paypers) Arizona has become the first state in the US to create a “regulatory sandbox” program to facilitate the development of financial products and services MORE
A mix of tax sweeteners and a lower cost of living has prompted banks such as MUFG Americas, Northern Trust and Bank of the West to locate corporate-level jobs in Phoenix and surrounding areas. Regional banks Expense management Compliance Tax breaks MORE
De novo institutions Capital Community banking ArizonaSeveral groups have gone public with plans to start a bank since the state enacted a law to make it easier, but none have actually filed with the FDIC. MORE
Election 2018 Regulatory relief SIFIs Finance, investment and tax-related legislation House Financial Services Committee Senate Banking Committee ArizonaKyrsten Sinema, D-Ariz., crafted a moderate message and will head to the Senate after having backed legislation providing banks with regulatory relief. MORE
will enter Arizona after buying TFB Bancorp in Yuma. Glacier Bancorp in Kalispell, Mont., breaking_news womenin-banking community-banking m-a mt az dealmaking-strategy MORE
LibertyX, a company that makes software that enables regular ATMs to dispense bitcoin, has partnered with independent ATM operator Desert ATM to add 90 machines to its network in Arizona and Nevada MORE
On August 3, 2018, Arizona began accepting applications for its regulatory sandbox that “enables a participant to obtain limited access to Arizona’s market to test innovative financial products or services without first obtaining full state licensure or other authorization that otherwise may be required.” In March 2018, Arizona’s Governor signed into law legislation directing the state’s Attorney General to create the sandbox. MORE
A suit alleges former inmates in Arizona's state prison system were charged $15 fee for teller-assisted transactions, compared with other customers who were charged nothing. Debit cards Payment fees Bank of America MORE
Two years after legislators in New Hampshire decided that they would not allow their citizens pay their taxes with bitcoin, the Arizona state legislature is mulling a bill that would pave the way for people to pay their Arizona taxes with cryptocurrencies, Coindesk reported. Arizona State Rep. Bitcoin Arizona bitcoin cryptocurrency new hampshire News What's Hot MORE
Ken Veccione, who rejoined the Arizona company earlier this year, is set to succeed Sarver. Community banking Succession planning Growth strategies Arizona MORE
Arizona Related Topics PYMNTS
FEBRUARY 9, 2018
Two years after legislators in New Hampshire decided that they would not allow their citizens pay their taxes with bitcoin, the Arizona state legislature is mulling a bill that would pave the way for people to pay their Arizona taxes with cryptocurrencies, Coindesk reported. Arizona State Rep. Bitcoin Arizona bitcoin cryptocurrency new hampshire News What's Hot
BankThink
JUNE 4, 2019
Arizona Federal Credit Union said its deal to buy Pinnacle Bank is the first of its kind in the Grand Canyon State. M&A Consolidations Integrations Arizona
BankThink
MARCH 4, 2019
De novo institutions Capital Community banking ArizonaSeveral groups have gone public with plans to start a bank since the state enacted a law to make it easier, but none have actually filed with the FDIC.
PYMNTS
DECEMBER 6, 2018
And not everyone in Arizona can hitch a ride with the vehicle: Waymo said in a Medium post that it was opening up to “early riders from our research program” before it slowly rolls it out to other riders, with safety as a factor in the speed of the launch.
PYMNTS
MARCH 19, 2018
Uber ’s self-driving car in Tempe, Arizona, struck and killed a pedestrian Sunday night (March 18), marking the first known fatality of a pedestrian by an autonomous vehicle. Some incredibly sad news out of Arizona,” wrote Uber CEO Dara Khosrowshahi on Twitter on Monday (March 19), according to the WSJ. “We’re
Banking Exchange
JUNE 24, 2019
What do Circle K convenience stores have to do with Bitcoin? Retail Banking Technology Payments Branch Technology/ATMs Blockchain Fintech Financial Research Feature Financial Trends Feature3. 1Retail Banking
PYMNTS
JULY 25, 2018
To offer shoppers rides in self-driving vehicles, Alphabet ’s Waymo is starting a trial run for Walmart customers in Arizona. Beyond Walmart, Waymo is working with DDR Corp to provide diners and shoppers with rides to a shopping center in Chandler, Arizona. Though most testing takes place in California, those operations also are conducted in Arizona, Texas, Georgia, Michigan and Washington State.
BankThink
OCTOBER 3, 2018
Community banking Integrations Branding Branch banking Oklahoma Colorado ArizonaThe regional bank is putting its corporate stamp on branches in the two states.
BankThink
JULY 31, 2018
De novo banks Community banking Economy Capital FDIC ArizonaAt least six groups are exploring opening new banks in the state, which is enjoying an economic recovery and has a dearth of local financial institutions.
Keith Leggett's Credit Union Watch
JUNE 4, 2019
Arizona Federal Credit Union (Phoenix, AZ) announced it plans to acquire Pinnacle Bank (Scottsdale, AZ). Arizona FCU has almost $1.7 Arizona FCU stated that the acquisition of Pinnacle Bank would grant its member-owners access to additional mortgage services, expanded small business services, SBA financing options and commercial lending services. This is the first transaction of a credit union acquiring a bank in Arizona.
BankThink
MAY 25, 2018
Community banking Capital Growth strategies De novo banks ArizonaOrganizers of Scottsdale Community Bank plan to raise a minimum of $16 million.
BankThink
NOVEMBER 12, 2018
Election 2018 Regulatory relief SIFIs Finance, investment and tax-related legislation House Financial Services Committee Senate Banking Committee ArizonaKyrsten Sinema, D-Ariz., crafted a moderate message and will head to the Senate after having backed legislation providing banks with regulatory relief.
BankThink
JULY 18, 2018
Paul Watkins served as chief counsel for the Arizona AG's 150-person civil litigation division and also headed up the office's fintech initiatives. Fintech regulations Enforcement Small-dollar lending Payday lending Mick Mulvaney CFPB Arizona
CFPB Monitor
NOVEMBER 12, 2018
In August 2018, Arizona began accepting applications for its regulatory sandbox that “enables a participant to obtain limited access to Arizona’s market to test innovative financial products or services without first obtaining full state licensure or other authorization that otherwise may be required.” At the end of last week, the Arizona AG announced that two more participants, Grain Technology, Inc. CFPB Monitor FinTech State CFS Monitor arizona sandbox
PYMNTS
MARCH 27, 2017
The announcement came after a autonomous vehicle was involved in an Arizona crash. Following the crash, Uber is pressing pause on testing its self-driving vehicle fleet in Arizona while the accident remains under investigation. When the California Department of Motor Vehicles revoked the registrations for Uber’s self-driving cars, Uber relocated to Arizona for testing, as there are less rigorous permitting requirements.
BankThink
JULY 17, 2018
De novo banks Community banking Capital ArizonaOrganizers of Gainey Business Bank, a bank planned in Scottsdale, received approval from the state's banking regulator to raise capital while completing a charter application.
CFPB Monitor
AUGUST 7, 2018
On August 3, 2018, Arizona began accepting applications for its regulatory sandbox that “enables a participant to obtain limited access to Arizona’s market to test innovative financial products or services without first obtaining full state licensure or other authorization that otherwise may be required.” In March 2018, Arizona’s Governor signed into law legislation directing the state’s Attorney General to create the sandbox.
BankThink
MARCH 22, 2018
Fintech regulations Fintech Blockchain Digital currencies Small-dollar lending Underbanked ArizonaThe new law, which is modeled on a similar effort in the United Kingdom, aims to lure financial firms to the desert. It has drawn support from business organizations but opposition from consumer groups — a dynamic that is likely to be replayed in other states.
ABA Community Banking
APRIL 13, 2018
First state effort explained by top lawyer. California regulator down on sandboxes Management Financial Trends Technology Fintech. 1Technology
CFPB Monitor
NOVEMBER 29, 2018
We talk with Evan Daniels, Fintech Counsel in the Arizona Attorney General’s office, about Arizona’s first-in-the-nation Fintech sandbox and how it is being used to drive innovation in consumer financial services. We also discuss how the CFPB’s current push to encourage innovation interacts with state efforts, such as those in Arizona. FinTech arizona
Keith Leggett's Credit Union Watch
MARCH 30, 2017
The Phoenix Business Journal is reporting that Alaska USA Federal Credit Union (Anchorage, AK) recently paid $17 million for a 2-story, 185,000-square-foot office building in Glendale, Arizona. The article notes that Alaska USA has about 11,000 members in Arizona. Alaska USA operates in Alaska, Arizona, California, and Washington.
American Banker
NOVEMBER 16, 2016
will enter Arizona after buying TFB Bancorp in Yuma. Glacier Bancorp in Kalispell, Mont., breaking_news womenin-banking community-banking m-a mt az dealmaking-strategy
Keith Leggett's Credit Union Watch
JUNE 13, 2015
The Northern Arizona University Athletics Department announced a five-year partnership with Arizona State Credit Union, beginning July 1, 2015. The Credit Union will serve as the Gold Sponsor for all ticketed athletic events. This partnership will run through 2020, with an option to extend for another five years at that time. No information was disclosed on the cost of the partnership. Read more. Sponsorships
CU Insight
MAY 10, 2016
Colorado and Arizona recently joined the growing number of states that allow state charted credit unions the controversial option of compensating board members. Arizona’s law also allows credit unions to pay committee members.
Keith Leggett's Credit Union Watch
DECEMBER 3, 2015
The National Credit Union Administration (NCUA) in October approved Alaska USA Federal Credit Union's addition of 413 underserved census tracts in Maricopa County, Arizona. million residents in Maricopa County -- further growing the credit union's presence in Arizona. Alaska USA currently operates in four Western states -- Alaska, Arizona, California, and Washington.
Payments Source
SEPTEMBER 21, 2016
Arizona's largest independent grocery chain, was certain it was prepared for the October 2015 EMV liability shift. Bashas' Inc., After all, it had begun purchasing terminals for all of its 1,400 checkout lanes a year in advance. security retail-acquiring technology risk-analytics
CU Insight
MAY 3, 2019
Like most sandboxes in the tech world, the Arizona fintech sandbox is geared toward securely testing new software. The post A quick look at the Arizona fintech sandbox appeared first on CUInsight.
BankThink
FEBRUARY 22, 2018
A mix of tax sweeteners and a lower cost of living has prompted banks such as MUFG Americas, Northern Trust and Bank of the West to locate corporate-level jobs in Phoenix and surrounding areas. Regional banks Expense management Compliance Tax breaks
Payments Source
JUNE 22, 2017
A suit alleges former inmates in Arizona's state prison system were charged $15 fee for teller-assisted transactions, compared with other customers who were charged nothing. Debit cards Payment fees Bank of America
BankThink
JULY 3, 2019
Fintech regulations CFPB OCC Utah Arizona WyomingUtah this week became the third state to let companies test cutting-edge financial products without fear of violating licensing and other regulations.
Money Crashers
AUGUST 31, 2017
Its 520,000 city-proper inhabitants and 1 million metro area denizens more than secure its status as Arizona’s second-largest city and metro. It’s home to the main campus of the University of Arizona, one of the… Best 55 Fun Things to Do & See in Tucson, Arizona – Activities & Attractions is a post from Money Crashers. Tucson is an interesting place.
PYMNTS
DECEMBER 18, 2018
In an effort to tackle grocery delivery, Kroger announced that it has begun to use autonomous vehicles in Arizona. Retail Arizona Autonomous Car delivery grocery Kroger News Nuro Robots What's Hot
CFPB Monitor
DECEMBER 28, 2016
The report also highlights complaints from consumers in Arizona and the Phoenix metro area. Findings regarding complaints from Arizona consumers include the following: As of December 1, 2016, approximately 23,300 complaints were submitted by Arizona consumers of which approximately 64 percent (about 15,000) were from Phoenix consumers. Barbara S. Mishkin. The CFPB has issued its December 2016 complaint report which highlights complaints about debt collection.
Keith Leggett's Credit Union Watch
AUGUST 13, 2014
If the assessment of a monthly membership fee is illegal, NCUA should require Arizona FCU to cease and desist from this practice. It should also require Arizona FCU to reimburse all monthly membership fees paid by members. A 1993 National Credit Union Administration (NCUA) legal opinion letter would suggest that a monthly membership fee may be illegal.
Keith Leggett's Credit Union Watch
APRIL 4, 2013
DepositAccount.com is reporting that Arizona FCU is charging members a $3 per month membership fee. The fee started in January of this year; but is waived for members under age 18 and for Representative Payee accounts. In other words, almost all adult members pay this fee. I wonder what the Move Your Money crowd thinks about this fee.
Payments Source
JULY 3, 2019
Fintech regulations CFPB OCC Utah Arizona WyomingUtah this week became the third state to let companies test cutting-edge financial products without fear of violating licensing and other regulations.
PYMNTS
MAY 9, 2018
Brands’ Pizza Hut is bringing beer delivery to approximately 100 of its restaurants in California and Arizona. The new rollout will include cities such as Tucson, Prescott and Winslow in Arizona, and Los Angeles, Bakersfield, Sacramento and Santa Barbara in California. Delivery Beer Delivery News Pizza Hut Pizza Hut Arizona Pizza Hut California Pizza Hut Delivery Retail What's HotAs restaurant operators seek to bolster sales in the face of weak traffic growth, Yum!
BankThink
MAY 9, 2019
Community banking AML Trump administration Texas California ArizonaHeightened regulatory scrutiny and a slowdown in commerce have raised concerns about the viability of doing business along the U.S. Mexico border.
Money Crashers
AUGUST 8, 2017
Once you… Best 46 Fun Things to Do & See in Phoenix, Arizona – Activities & Attractions is a post from Money Crashers. Most non-Arizonans are surprised to learn that Phoenix is the fifth-largest city in the United States, behind only New York, Los Angeles, Chicago, and Houston. It’s fair to ask how such a massive – and growing – settlement sprang up in a parched, sun-baked valley near the northern fringes of the Sonoran Desert.
BankThink
DECEMBER 14, 2017
Ken Veccione, who rejoined the Arizona company earlier this year, is set to succeed Sarver. Community banking Succession planning Growth strategies Arizona
PYMNTS
JULY 2, 2018
The Arizona Pathways to Life Success for University Students (APLUS) project has followed the same group of young adults from their first year in college through adulthood to measure how financial capability relates to happiness. Rowe Price Ted Beck Univeristy of Arizona What's HotA 10-year study by the National Endowment for Financial Education shows that millennials who are no longer relying on mom and dad for financial help are more confident and happier overall.
ATM Marketplace
JULY 18, 2019
LibertyX, a company that makes software that enables regular ATMs to dispense bitcoin, has partnered with independent ATM operator Desert ATM to add 90 machines to its network in Arizona and Nevada
PYMNTS
NOVEMBER 10, 2016
Bank of America is facing a lawsuit in Arizona from prisoners who contend they are being forced to become customers of the bank because they are given a BoA debit card that also has high and unusual fees. Daria Brill, the lead plaintiff in the case, argues Bank of America preys upon people as they are getting released from Arizona prisons. “BofA is the exclusive provider of debit cards issued to Arizona inmates upon their release from an Arizona corrections facility.”
Let's personalize your content