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Dave & Buster’s Becomes Latest Payroll Card Lawsuit Target

PYMNTS

Payroll cards have been hit with a new controversy. Filed last week, the suit accuses Dave & Buster’s of forcing employees to be paid via payroll card for their first and last month’s paychecks. The suit was filed in Oregon. 2), the Oregon Bureau of Labor and Industries (BOLI) did.

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New Report: How Behavioral Analytics Help FIs Block Fraud At The ITM

PYMNTS

Digital banking is reaching unprecedented levels of popularity amid the pandemic, with 89 percent of American bank customers using mobile banking apps to manage their savings and checking accounts. ATM usage has been severely affected by the pandemic, as such machines require touching keypads, screens and card readers. billion by 2024.

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Today In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink

PYMNTS

Plus, Pilot Company collaborates on fleet factoring, Revolution Payments launches Level III commercial card processing and Porter Capital launches new PPP funding tools. Nikki Smith, a baker and caterer in Oregon, collected $96. bank profits are expected to sink. About 300 SMBs Received Less Than $99 In PPP. 11) announcement.

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Rebeca Romero Rainey: Shifts in lending

Independent Banker

Remember, not that long ago, when a loan card was handwritten on a one-page form? While it has had some benefits, like stronger risk management for our banks, it has made the customer process much more daunting. As we kick off this year’s lending issue, I want to pause for a moment to reflect on just how much lending has changed.

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Retail banking trends to look out for in 2023

Independent Banker

billion-asset One Community Bank (OCB) in Oregon, Wis. We have seen an increase in mobile and digital usage, like other banks,” Hancock says, “but these initiatives have helped expand that engagement from balance inquiries and funds transfers to more complex needs like money management and managing debit card security. “In

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What #Banking Trend Will Have the Greatest Impact on Your Bank?

Jeff For Banks

This was the question posed to Bank Profitability students as part of the Oregon Bankers' Association's Executive Development Program (EDP). But bankers should be preparing for a devaluation of the collateral used by their borrowers to determine how best to manage this emerging situation.

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SAFER Banking Act passes Senate Banking Committee: Will marijuana be re-scheduled under the Controlled Substances Act?

Abrigo

While marijuana bills have encountered obstacles, the current support and shifting attitudes toward marijuana legalization provide cautious optimism to banks and credit unions interested in banking marijuana profitably while managing risk and maintaining regulatory compliance. While 38 states , along with Washington D.C.,