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Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion

PYMNTS

Figure Pay, he said, with the ability to scan QR codes at checkout, is predicated on the concept of using a blockchain payment rail in lieu of interchange as the network is built out — and across a swath of merchants as large as Walmart and small as localized farmers’ markets (in a type of “barbell” approach) upon initial launch early next year.

National 215
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daVinci Payments Launches CNY Funded Prepaid Cards

PYMNTS

Illinois-based daVinci Payments has announced it is releasing a Chinese Yuan (CNY) corporate-funded prepaid card for employees or customers of multi-national corporations. The launch makes daVinci, formerly Swift Prepaid, the first North American program manager with this offering.

Cards 147
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Best Community Banks to Work For 2022

Independent Banker

Clockwise from top left: Grand Ridge National Bank, Wheaton, Ill.; Once we’ve been here for 10 years, we are awarded a three-month paid sabbatical,” says Emilie Johnston, chief operations officer. We don’t operate from a position of fear.”. Grand Ridge National Bank: The premier league. Grand Ridge National Bank.

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What Is Powering The Emerging Pawnaissance?

PYMNTS

We believe large gaps remain in the state-regulated credit market and more credit challenged consumers will have the most difficult time moving forward with HB 123 products,” Axcess Financial President Doug Clark told the Cincinnati Enquirer earlier this year when the law went into effect.

Ohio 151
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36 State Attorneys General settle with CarMax over non-disclosure of open safety recalls

CFPB Monitor

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.” . This information must also be displayed on the window sticker for vehicles sold in stores.

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When Loyalty Is Unattended Retail’s Key Feature

PYMNTS

The compound annual growth rate (CAGR) of the global smart vending machine market from 2019 to 2024 is projected to be 12 percent. The approximate number of Illinois residents employed by the vending and convince services industry is 7,000. “Anywhere that we can find 12 square feet and [an] electrical connection,” he noted.

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Penchants for the Personal

Independent Banker

A dozen years ago Evan Meadows started a produce market in Odon, Ind., which he still operates. He was seven when he opened the produce market. He talks monthly with a loan officer at First National Bank of Odon, his local community bank. “He William Atkinson is a freelance writer in Illinois. By William Atkinson.