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Apple Pay Rolls Out To 17 American Credit Unions And Banks

PYMNTS

As has been reported, Apple Pay is also available internationally in, among other nations, Australia, China, Hong Kong, Japan, Spain, the U.K. The total roster now claims more than 1,600 banks and credit unions domestically, said the site, even as 35 percent of retailers in the U.S. support Apple Pay. and Switzerland.

Apple 117
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36 State Attorneys General settle with CarMax over non-disclosure of open safety recalls

CFPB Monitor

Joe Wilson, Chief Operating Officer, stated: CarMax led the industry in recall transparency by sharing vehicle specific recall information in-store and online to ensure our customers know about open recalls prior to purchase.

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Southern Bancorp is building wealth for everyone

Independent Banker

Darrin Williams, an attorney and former Arkansas state representative, wasn’t interested when Southern Bancorp, Inc. In the wake of the murder of George Floyd and the subsequent national unrest, Williams talked with other business leaders about ways to close the racial wealth gap. By Judith Sears. Name: Southern Bancorp.

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Walmart Pushes Digital Innovation During Investor Day

PYMNTS

Doug McMillon started his presentation for Walmart’s annual investor meeting in Bentonville, Arkansas by saying he wanted to “challenge your thinking about Walmart.” ” “We are getting to reimagine retail and our business … expect us to test a lot and fail a lot,” he said. to $4.80, down from $4.90

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State Attorneys General Sue to Halt Cancellation of Student Loan Debt

CFPB Monitor

On September 29, 2022, the Attorneys General of Arkansas, Iowa, Kansas, Missouri, Nebraska, and South Carolina filed a complaint in the U.S. The HEROES Act was a response to the September 11th attacks to relieve active-duty personnel from financial hardship while defending our nation.

Arizona 147
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DOJ announces major new initiative targeting redlining; DOJ/CFPB/OCC settle redlining lawsuit against Mississippi-based national bank

CFPB Monitor

Trustmark National Bank Settlement. The DOJ, CFPB, and OCC, announced they had entered into agreements with Trustmark National Bank (TNB) to resolve allegations that TNB engaged in lending discrimination by redlining predominantly Black and Hispanic neighborhoods in Memphis, Tennessee.

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The Whole Paycheck Tracker: Walmart vs. Amazon

PYMNTS

There is a possibly apocryphal story of Amazon’s early days (around 2001) where Founder Jeff Bezos was invited to Bentonville, Arkansas to discuss the possibility of Walmart purchasing his still young – and, at this point, struggling – online bookstore. and Schneider National Inc., US Xpress Inc. respectively.

Retail 101