Elvis seen opening a bank account in Hawaii

Chris Skinner

As it’s Friday, a slightly more whimsical post.

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Bitcoin Daily: Hawaii Debuts Digital Currency Lab; Ripple Launches Live X-Border Payments With Thailand’s DeeMoney

PYMNTS

In other news, Hawaii is rolling out its inaugural experimental program for cryptocurrency called the Digital Currency Innovation Lab, according to an announcement. Bitcoin cryptocurrency DeeMoney Digital Currency Innovation Lab Hawaii News Ripple Thailand What's Hot

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Bitcoin Daily: Chiliz Blockchain Firm Creates Sports-Focused Crypto Exchange; Proposed Hawaii Legislation Would Allow Banks To Hold Digital Currencies

PYMNTS

In other bitcoin news, a proposed bill in Hawaii would let banks hold onto crypto for customers, according to CoinDesk. 18, and would allow banks in Hawaii to hold onto digital securities, virtual currencies, digital consumer assets and open blockchain tokens.

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To Aid Volcano Victims, Hawaii First Thinks Small

PYMNTS

The lava flow has already caused roughly $372 million in private property damage, by some estimates , and has cost Hawaii’s tourism market roughly $222 million in losses. Hawaii First is approaching the housing crunch by thinking small.

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Hawaii Goes Cashless For Marijuana

PYMNTS

Hawaii announced that it is planning to be the first state to offer cashless cannabis sales in an effort to avoid robberies and other crimes targeting marijuana dispensaries. According to a Bloomberg news report, the governor’s office said that all of Hawaii’s eight licensed dispensaries have agreed to go cashless by Oct. The Hawaii dispensaries are setting up accounts with the Safe Harbor Private Banking credit union.

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Toyota Brings Car Sharing To Hawaii

PYMNTS

Toyota has announced that it is offering a car share service for residents and visitors in Honolulu, Hawaii. The new mobility solution called Hui — a round-trip, station-based car share service — is operated by Servco Pacific ( Servco ), Toyota’s distributor in Hawaii. Hui is the most innovative car share service to hit the Hawaii market and marks a significant milestone for both Servco and Toyota,” said Mark Fukunaga, chief executive officer of Servco.

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Bank of Hawaii's Profit Rises on Commercial, Residential Mortgages

American Banker

Bank of Hawaii expanded lending for residential mortgages and commercial real estate, boosting its third-quarter profit. breaking_news earnings-community-banks performance hi national-regional

Fee Income, Loan Growth Lift Bank of Hawaii's Results

American Banker

Bank of Hawaii in Honolulu reported higher quarterly profit that reflected deposit growth. breaking_news earnings-community-banks performance hi community-banking

Return to Independence for Hawaii's Oldest Bank

American Banker

First Hawaiian is going the way of Citizens Financial, spinning off from its foreign parent and becoming a stand-alone company. But don't expect big changes anytime soon. dealmaking-strategy capital hi national-regional

Bank of Hawaii’s 1Q Earnings Surge on Loan Growth, Visa Sales

American Banker

Bank of Hawaii in Honolulu said Monday that its first-quarter profit increased 18.3%, to $50.2 million, from a year earlier thanks to strong loan growth, improved credit quality and a hefty gain on sales of its Visa shares. breaking_news performance hi community-banking

NEW REPORT: New Regs Open New Markets For Credit Unions

PYMNTS

To Help Members, Hawaii First Looks To New Housing Alternatives. Recent volcano activity in Hawaii has forced hundreds of Hawaii First Federal Credit Union members from their homes.

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While Some Malls Are On The Decline, Other Malls Bring In Billions In Sales

PYMNTS

Yet some malls are making it big, brining in billions of dollars of sales, CNBC reported, such as the Ala Moana Center in Hawaii, Sawgrass Mills in Florida and Oakbrook Center in Illinois. The mall’s wide mix of businesses — from discount retailers to luxury department stores — has drawn customers from the local area in addition to Hawaii’s tourists. Beyond Hawaii, GGP is one of the largest shopping center owners and operators in the U.S.

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UBS, Comerica and Mastercard: The Biggest Banking Moves in February

Banking Exchange

Senior leadership appointments at UBS, Comerica, Mastercard, Capital Bank, BMO, Mutual of Omaha, Bank of Hawaii and KeyCorp Management Feature Human Resources Feature3.

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The Finanser’s Week: 9th September – 15th September 2019

Chris Skinner

The main blog headlines are … Elvis seen opening a bank account in Hawaii As it’s Friday, a slightly more whimsical post.

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P2P Payments Platform Square Adds Bitcoin

Bank Innovation

The option is not open to several states, including New York, Georgia, Hawaii […]. P2P payment platform, Square is now allowing users to purchase bitcoin worth up to $10,000 in a week on its Cash App.

Senators caution Mastercard, Visa, Stripe on Libra membership

Payments Source

Libra poses risks not only to global financial systems, but also to existing companies’ broader payments business, Senator Sherrod Brown of Ohio and Senator Brian Schatz of Hawaii said in letter on Tuesday to Visa Inc.,

Want More Innovation At Your Bank? Teach The Learning Mindset

Banker to Banker

We just finished up the Western Independent Bankers (WIB) Conference on the Big Island in Hawaii for their annual conference and one of the most interesting lessons came in the most unlikely of places – dolphin training.

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Tech Firms Want Moderation, Not Bans, On Facial Recognition

PYMNTS

San Francisco and six other cities have passed laws blocking it, while New York, Hawaii, Massachusetts and Michigan are pondering their own such laws.

Coronavirus Crippling $1.7T Tourism Sector

PYMNTS

have canceled global travel in the coming weeks and trade fairs in Berlin, Geneva and Barcelona were canceled along with Hawaii’s Festpac cultural festival. The coronavirus outbreak is crippling the $1.7

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Portugal Is Latest Country To Express Concerns About Libra

PYMNTS

Recently , Democratic senators Sherrod Brown of Ohio and Brian Schatz of Hawaii wrote letters to Visa , Mastercard and Stripe asking that the firms rethink their membership in Facebook’s Libra Association.

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Five At Five: NYC Votes To Impose Ridesharing Cap

PYMNTS

Coverage includes New York lawmakers seeking to put a cap on ridesharing services, states working to embrace blockchain , Hawaii saving money by converting some functions to digital, new data from the Federal Reserve and Starbucks clearing up the confusion over cryptocurrency. Hawaii Test Finds Digitizing Government Functions Leads To Major Savings. Welcome to the Five at Five, your late look at the payments and commerce news of the day.

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What Grubhub, Uber Can Teach CUs About Loyalty And Rewards

PYMNTS

Mazie Hirono of Hawaii and Dan Sullivan of Alaska entered the bill into consideration earlier this month, and several CU organizations — including the Hawaii and Alaska Credit Union Leagues as well as the Credit Union National Association (CUNA) — have so far praised it.

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The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Meanwhile Smart Money VC Bessemer Partners was booted off the map, edged out by Quake Capital in Hawaii. Hawaii.

Could This Be The Last Time We Change The Clocks?

PYMNTS

Well, except for the good people of Arizona, Hawaii, American Samoa, the U.S. Thus far, only Arizona and Hawaii have bowed out. Arizona and Hawaii opted out of DST, meaning it is never daylight saving time there, only standard time.

Mattress Company Casper Teams Up With PLUS For CBD Gummies

PYMNTS

They’ll be flavored blackberry tea and will be available in states across the country except Alaska, Idaho, Iowa, Hawaii, Mississippi, Oklahoma and South Dakota.

Amazon Said To Roll Out PillPack Service To Employees

PYMNTS

While customers in every state, except Hawaii, can receive drugs from PillPack, only a select few facilities can deliver the product.

Verizon And Samsung Target 2019 For U.S. Release Of 5G Smartphones

PYMNTS

Verizon and Samsung will use Qualcomm modem chips and unveil a prototype at Qualcomm’s annual Snapdragon Technology Summit held in Maui, Hawaii from Dec. Verizon and Samsung announced on Monday (Dec. 3) that they would launch U.S. 5G phones in the first half of 2019, according to Reuters.

Wall Street To Get More Scrutiny As Dems Poised To Join House Financial Services Committee

PYMNTS

Bloomberg noted that Tulsi Gabbard, the lawmaker from Hawaii who announced plans to run for president in 2020, will also likely be named to the House Financial Services Committee.

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ZeroFOX Notches $74M To Tackle Cyberattacks

PYMNTS

By 2016, the startup was ready for a bigger space and moved to the former Pabst Brewing plant in South Baltimore where it onboarded numerous clients, such as Hootsuite, FirstCommand, Hawaii National bank, Umbro and Bath Spa University.

Facebook Loses Another Senior Exec

PYMNTS

Citing a Facebook post, CNBC reported Rose is moving to Hawaii to be closer to his family and doesn’t plan to seek out another executive position. Dan Rose, one of the earliest executives at Facebook , is stepping down from his role, reported CNBC. He said he plans to remain busy by advising and investing in companies. Over the past 12 years, this company has become my second family.

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The Solar Industry’s Most Active Investors

CB Insights

Hawaii-based Elemental Excelerator, which has itself received funding from a diverse cohort, is solar’s fourth most active investor, with 5 investments in the space. In 2017, the solar industry has closed a record number of deals , pulling in 111 investments as of last month.

Floating The Next Big Idea For Social Commerce

PYMNTS

Rizvi got the idea for FloatThat in 2017, when a close friend and his wife had a strong desire to visit Hawaii , but their financial situation kept them doing so. Since the dawn of the internet in the mid-90s, there have been some genius ideas and some completely innovative business models.

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How QSRs Bring Mobile And Digital Payments To The Table

PYMNTS

The device came to the chain after Joseph DeCola, a Houston franchise owner, noticed one while on vacation in Hawaii.

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CanPay: Solving Pot’s Payments Problem

PYMNTS

But, he said, as their integration in the state of Hawaii recently proved, it is complexity surrounding the ecosystem of cannabis that needs solving. Hawaii is a unique set of issues because it is an island state, where having massive cash pools because of the medical cannabis industry is a huge issue. [link]. Pot has a payments problem.

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Facebook Preps For ‘Make Or Break’ Meeting In Geneva

PYMNTS

It seems fitting that Libra ’s make-or-break moments seem to be happening during October, which is, of course, tied to the Libra astrological sign. Depending on what you believe, fate is written in the stars – or at least in the case of the consortium-backed crypto, written in Geneva.