Abrigo
FEBRUARY 23, 2023
For smaller banks, longer-term industry consolidation trends and competition are also eroding deposit market share. According to the Federal Reserve Bank of Kansas City , community banks’ deposit market share dropped to 15% in 2022 from 22% in 2013. Check out our 1071 compliance resources. The result?
PYMNTS
SEPTEMBER 3, 2019
Merchants working to expand and sell online in more markets must comply with each market’s local sales tax regulations, however, and that is an increasingly complicated task. merchants may also be feeling new pains when selling to Kansas. There are already more than 2.5 Around The Next-Gen Sales Tax World.
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PYMNTS
JULY 22, 2020
The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds. a financial services holding company based in Kansas City, Missouri. Brex said the FDIC insurance on uninvested cash reserves up to $250,000 is the result of a partnership with UMB Financial Corp. ,
Abrigo
AUGUST 6, 2021
Economy , supervisory and risk specialists from the Federal Reserve of Kansas outline top challenges and opportunities regarding the future of community banking. One key area that can be both an obstacle and an opportunity for community banks is technology, the Federal Reserve Bank of Kansas City says. Background on Community Banking.
PYMNTS
JULY 31, 2019
You have to make sure the colors match up across a myriad combinations of markets, currencies and use-cases. A transfer from Kansas to Africa could route through multiple different banks, each on its own network, before reaching the recipient’s account. Ensuring Compliance While Improving Speed and Convenience.
PYMNTS
SEPTEMBER 4, 2019
The latest Next-Gen Sales Tax Tracker explores the complexities and challenges of compliance for different business models. Kansas stands out for recently passing an economic nexus law that does not include any exemptions for small businesses. More than 230 million U.S. consumers are expected to be shopping online by 2021.
CFPB Monitor
DECEMBER 5, 2022
Additionally, CarMax is prohibited from directly or indirectly stating in marketing, advertising, or during sale (including vehicle labeling) that a vehicle is “safe” or has been repaired for “safety issues.” . CarMax has 180 days to implement these practices, and has agreed to compliance monitoring for a period of five years.
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