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Another Maryland threat to bank partner model lending

CFPB Monitor

A Maryland administrative action recently removed to the state’s federal district court illustrates how Maryland law continues to present challenges for the bank partner structure used by many lenders. The new Maryland matter demonstrates that participants in bank model programs continue to face state licensing threats.

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Queenstown Bank Offers Kasasa Brand in Maryland and Delaware

BankDeals

Queenstown Bank currently offers its Kasasa Cash, Kasasa Cash Back, and Kasasa Saver to residents of Maryland and Delaware through online application.

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Sneaker Sales Propel 3Q Surge In Under Armour Earnings

PYMNTS

We believe that the critical mass of our transformational challenges is behind us, and we remain sharply focused on operational improvements and financial discipline to accelerate strategies to create sustainable, long-term growth for the Under Armour brand and our shareholders,” Frisk said in the statement.

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Bitcoin Daily: Argentina's Crypto Exchanges See Record Growth In 2020; JD.com Sees 20,000 Digital Yuan Transactions In 24 Hours

PYMNTS

I’ve been with the exchange pretty much from the beginning, and I’ve never seen this kind of growth," said Chief Brand Officer Juan Mendez , according to CoinDesk. The expansion includes 10 new states: Georgia, Hawaii, Nevada, New Mexico, Ohio, Oregon, Maryland, West Virginia, Delaware and Rhode Island, according to the release.

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Amazon Sues Counterfeit Sellers

PYMNTS

Along with Boulder-based company Nite Ize , a maker of specialty lights and phone mounts under the STEELIE brand, the eCommerce giant filed a lawsuit on Wednesday (June 26) in a Seattle federal court, accusing a group of counterfeiters of selling fraudulent Nite Ize products. Amazon is continuing its fight against counterfeiters.

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Payless Pops-Up For The Holidays

PYMNTS

And New York is just the starting point — Payless is all-in on pop-ups this season, with locations planned for Whittier, California; Alpharetta, Georgia; Paramus, New Jersey; Limerick, Pennsylvania; Clarksburg, Maryland; Hagerstown, Maryland; Hickory, North Carolina; and El Paso, Texas. Over half (59.5

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Retail Foot Traffic Dips As COVID Cases Rise

PYMNTS

According to ShopperTrek data, the biggest growth in retail traffic has been seen in New Jersey, Maryland, Massachusetts, Rhode Island and New York, CNBC reported. Eleven of those states have a requirement that people wear masks in public. The other 37, plus Washington D.C.,