Cards, Georgia and National - Community Banking Brief

Virtual Cards Run Into Payroll Card-Like Legal Troubles

PYMNTS

JULY 17, 2018

In recent years, payroll cards have run into controversy as lawsuits and lawmakers scrutinize fees that often come with the tool. Now, a new legislative battle is waging in the state of Georgia. The debate involves virtual cards and their use by insurers to pay healthcare providers. The rules become effective Jan.

Cards

Cards Georgia Alabama New York

Google Pay Now Supports Cards From 13 More US States

PYMNTS

JULY 3, 2019

Ahead of the Fourth of July holiday, Google Pay has rolled out mobile support for cards from 13 U.S. Services like Google Pay must come to an agreement with a credit union or bank before they can support a consumer’s debit or credit card, 9to5Google reported. In December, Google Pay added about 30 new U.S.

Google

Google Illinois Cards Cleveland

State Supreme Court Revives NY Payroll Card Regulation Efforts

PYMNTS

JULY 24, 2018

New York’s years-long payroll card regulation saga took an unexpected turn recently when the New York State Supreme Court annulled a previous appellate court ruling, reviving efforts to introduce stricter payroll card rules. Employers would also have to receive consent from their workers to receive wages via payroll card.

Regulation

Regulation Cards New York Alabama

Webinars

Live Demo: How to Achieve Reconciliation Zen

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Authorities Bust 20 In Alleged International Malware Scam Ring

PYMNTS

OCTOBER 15, 2020

Department of Justice reported that the ring involved numerous individuals from countries including Russia, Latvia, Georgia, Bulgaria, Romania and Belgium, according to the AP. The United Nations reported that up to $2 trillion is laundered every year, which comes out to about 5 percent of the global gross domestic product (GDP).

Georgia

Georgia National Survey Report

CFPB March 2017 complaint report highlights credit card complaints, complaints from Massachusetts consumers; Ballard Spahr to hold April 13 webinar

CFPB Monitor

APRIL 3, 2017

The CFPB has issued its March 2017 complaint report that highlights credit card complaints. to 1:00 p.m.ET, Ballard Spahr will hold a webinar, “The CFPB’s Consumer Credit Card Market RFI and Other Important Recent Credit Card Developments.” On April 13, 2017, from 12:00 p.m.

Massachusetts

Massachusetts Cards Report West Virginia

Deep Dive: Contactless Payments And Touch-Free Ordering: How QSRs Are Reopening Their Storefronts

PYMNTS

MAY 20, 2020

restaurants have permanently shuttered operations, and more than 110,000 anticipated closing their doors in April, according to recent estimates from the National Restaurant Association. Similar worries extend to card-based payments, too, as the virus can remain active on plastic surfaces for up to three days. Approximately 30,000 U.S.

Payments

Payments Los Angeles New York City Indiana

CFPB March 2017 complaint report highlights credit card complaints, complaints from Massachusetts consumers; Ballard Spahr to hold April 13 webinar

CFPB Monitor

APRIL 3, 2017

The CFPB has issued its March 2017 complaint report that highlights credit card complaints. to 1:00 p.m.ET, Ballard Spahr will hold a webinar, “The CFPB’s Consumer Credit Card Market RFI and Other Important Recent Credit Card Developments.” On April 13, 2017, from 12:00 p.m.

Massachusetts

Massachusetts Cards Report West Virginia

CFPB issues 50-state complaint snapshot

CFPB Monitor

OCTOBER 24, 2018

In its blog post about the report, the Bureau highlights that since January 2015: The Bureau has received more complaints from consumers in California than any other state, with Florida, Texas, New York, and Georgia taking the next four spots. Wyoming consumers submitted the fewest complaints of any state.

District of Columbia

District of Columbia Wyoming Florida Texas

Imposter Scams Top FTC’s List of 2018 Consumer Complaints

CFPB Monitor

MARCH 12, 2019

Credit card fraud was the most common type of identity theft report. Florida, Georgia, Nevada, Delaware, and Tennessee had the highest fraud reports per capita. Georgia, Nevada, California, Florida, and Texas had the highest identity theft reports per capita. declined by 24% from 2017.

Nevada

Nevada Georgia Florida Delaware

Money transfer complaints highlighted in CFPB December 2015 complaint report

CFPB Monitor

DECEMBER 23, 2015

The CFPB has issued its December 2015 complaint report which highlights money transfer complaints and complaints from consumers in Georgia and the Atlanta metro area. Mortgages were the most-complained-about product, with mortgage-related complaints representing 33 percent of the complaints submitted by Georgia consumers.

Georgia

Georgia Report Vermont South Dakota

CFPB December 2016 complaint report highlights debt collection complaints, complaints from Arizona consumers

CFPB Monitor

DECEMBER 28, 2016

General findings include the following: As of December 1, 2016, the CFPB handled approximately 1,058,100 complaints nationally, including approximately 23,100 complaints in November 2016. Prepaid cards also showed the greatest decrease based on a three-month average in the November 2016 complaint report.

Arizona

Arizona Rhode Island Report Phoenix

What Is Powering The Emerging Pawnaissance?

PYMNTS

SEPTEMBER 17, 2019

At the low end of the spectrum, consumers will pay an APR of 25 percent a month, roughly comparable with a high-rate credit card. As of 2019, Smart Financial operates around 87 pawn shops spread across Arizona, Georgia, Illinois, Iowa, North Carolina, North Dakota, Oklahoma, South Dakota, Texas, Virginia and three Canadian provinces.

Ohio

Ohio Lending Iowa South Dakota

CFPB January 2017 complaint report highlights mortgage complaints, complaints from Tennessee consumers

CFPB Monitor

FEBRUARY 9, 2017

General findings include the following: As of January 1, 2017, the CFPB handled approximately 1,080,700 complaints nationally, including approximately 22,900 complaints in December 2016. Prepaid cards also showed the greatest decrease based on a three-month average in the November and December 2016 complaint reports.

Tennessee

Tennessee Report Memphis Nashville

Amazon Or Walmart? Who Won 2019’s Race For The Consumer’s Whole Paycheck

PYMNTS

DECEMBER 31, 2019

In April, both Walmart and Amazon announced that they, among a handful of other retailers, are participating in a one-year pilot program that will allow SNAP beneficiaries to use their benefit cards to buy groceries ordered online. In the fall, Walmart opened what has been called its first “ healthcare superstore ” in Dallas, Georgia.

Retail

Retail Online Georgia North Carolina

End-Of-Summer Edition: Retro Malware, Bitcoin’s Surge ‘N’ Split And Apple Watch Sees Other People

PYMNTS

AUGUST 21, 2017

EST in South Carolina, there will be a total solar eclipse — with Idaho, Wyoming, Montana, Nebraska, Iowa, Kansas, Missouri, Illinois, Kentucky, Tennessee and Georgia all enjoying prime viewing slots between start and finish. PST in Oregon and 2:48 p.m. Bitcoin Surges — And Faces Another Split.

Apple

Apple Bitcoin South Carolina Montana

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

PYMNTS

JUNE 24, 2016

Last week , Walmart Pay rolled out in Alabama and Georgia. Costco Card. The Costco Card has generated a lot of buzz. But all that buzz was based on anticipation and the hope that the card would be all it is cracked up to be. That has left them sans card since the switch went into effect on Monday. Walmart Pay.

Lending

Lending Online South Dakota North Dakota

A Deep Dive into the Distribution of the FICO Score Across the US

FICO

NOVEMBER 11, 2019

Another theory is that people’s exposure to their credit reports and FICO® Scores, like seeing their updated FICO® Score on their monthly credit card statements, may have increased awareness and resulted in more prudent management of their personal finances. Which states have seen the biggest increase over time? How do major U.S.

Las Vegas

Las Vegas District of Columbia US San Francisco

AI and generative AI use cases in banking: 6 real-world examples

Abrigo

MAY 8, 2024

An example of a use case for predictive AI is Signature Bank of Georgia ’s addition of AI-driven check fraud detection software that finds fraud faster. That compares to 39% of global or national banks with more than $10 billion in assets. Financial institutions have several reasons they may be reluctant to embrace generative AI.

Examples

Examples Fraud Resources Risk Management

Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Fintech Labs Insights

NOVEMBER 12, 2015

Other than Blackstone’s $820 million bet on what is likely the oldest financial technology company on the planet, NCR founded in 1884 as National Cash Register, just $82 million flowed to the under-100-year-old crowd. HQ: Duluth, Georgia. HQ: National, Maryland. It was a quieter week in fintech fundings. Source: WSJ.

New York City

New York City Company Fintech San Francisco

Tackling The Frontiers, And War Fronts, Of Cyberspace

PYMNTS

APRIL 7, 2017

He defined “three rings” of cybersecurity issues: One is hacktivism, along with insider-driven threats and terrorism; another is financial security and the third is national competition across cyberspace. The first big credit card fraud, he said, done by hackers, came in at about $100 million. into the age of flight — the U.S.

National

National Georgia Security Innovation

10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

MAY 13, 2024

Its ability to detect and uncover money laundering and fraud at scale, including those perpetrated by organized crime, terror financing, and nation-state actors, is unparalleled. More states require greater disclosure and control over what banks and card processors can charge. This charter will give banks more competition in payments.

Conference

Conference Payments Fraud Data

Fizzle Of The Week: Bitcoin — The Bad Neighbor

PYMNTS

MARCH 2, 2018

For those not used to thinking about electricity by the gigawatt, the estimates mean this: Even at the low end, bitcoin mining uses as much power as a nation state. The debate is whether that nation state is small (Lithuania-sized), medium (Morocco-sized) or medium-large (Israel-sized). Use of power is not very evenly distributed.

Bitcoin

Bitcoin cryptocurrency Taxes Community

Finovate Fall 2016 Live Blog – Day 2

William Mills

SEPTEMBER 9, 2016

You can look at life events such as marriage, credit card, new job, etc. Companies such as Adidas, Carrefour, Cisco Systems, Danone, Fujitsu, Lufthansa Flight Training, Siemens, Société Générale and the United Nations use Liferay. After they bought CheckFree a lot of Fiserv folks have been based in Georgia.

social media

social media ATM Mobile Customer Experience

The Real Hunger Games: A Battle Royale In The Grocery Aisles

PYMNTS

AUGUST 31, 2018

Once the 24 competitors (tributes) get to the games, they then battle to the death for a national audience that is required by law to watch the games. When linked to the Amazon Chase card, the cash-back makes the experience even more of a win, in addition to serving as a natural pull toward card/brand share shift. Secret Weapon.

Branding

Branding Florida Retail Online

Report Shows US Small Towns Lost 14 Pct Of Banks Between 2012-17

PYMNTS

DECEMBER 23, 2019

Infamous in national news for an uptick in violent crime, Allendale received a positive media boost from Democratic presidential contender Pete Buttigieg’s recent visit to increase support in the town’s African-American majority. Residents are maxing out cashback options from their Social Security debit cards, he said.

South Carolina

South Carolina Report US Georgia

Community Banking Brief

Virtual Cards Run Into Payroll Card-Like Legal Troubles

Google Pay Now Supports Cards From 13 More US States

Webinars

Trending Sources

State Supreme Court Revives NY Payroll Card Regulation Efforts

Webinars

Authorities Bust 20 In Alleged International Malware Scam Ring

CFPB March 2017 complaint report highlights credit card complaints, complaints from Massachusetts consumers; Ballard Spahr to hold April 13 webinar

Deep Dive: Contactless Payments And Touch-Free Ordering: How QSRs Are Reopening Their Storefronts

CFPB March 2017 complaint report highlights credit card complaints, complaints from Massachusetts consumers; Ballard Spahr to hold April 13 webinar

CFPB issues 50-state complaint snapshot

Imposter Scams Top FTC’s List of 2018 Consumer Complaints

Money transfer complaints highlighted in CFPB December 2015 complaint report

CFPB December 2016 complaint report highlights debt collection complaints, complaints from Arizona consumers

What Is Powering The Emerging Pawnaissance?

CFPB January 2017 complaint report highlights mortgage complaints, complaints from Tennessee consumers

Amazon Or Walmart? Who Won 2019’s Race For The Consumer’s Whole Paycheck

End-Of-Summer Edition: Retro Malware, Bitcoin’s Surge ‘N’ Split And Apple Watch Sees Other People

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

A Deep Dive into the Distribution of the FICO Score Across the US

AI and generative AI use cases in banking: 6 real-world examples

Fintech Fundings: 13 Companies Raise $900 Million Week Ending Nov 12

Tackling The Frontiers, And War Fronts, Of Cyberspace

10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

Fizzle Of The Week: Bitcoin — The Bad Neighbor

Finovate Fall 2016 Live Blog – Day 2

The Real Hunger Games: A Battle Royale In The Grocery Aisles

Report Shows US Small Towns Lost 14 Pct Of Banks Between 2012-17

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