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FTC Shuts Down Debt Collector as Part of “Operation Corrupt Collector”

CFPB Monitor

A Georgia federal district court has entered a temporary restraining order against a Georgia-based debt collection operation in response to a complaint filed by the Federal Trade Commission. In addition to the FTC’s actions, Operation Corrupt Collector includes two cases filed by the CFPB, three criminal cases brought by the U.S.

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Sam’s Club Suddenly Closes 63 Stores

PYMNTS

The tweet comes after several local news outlets across the country — in Arizona, Alaska, Texas, New Jersey, Indiana and New York — reported the sudden closures. hourly employees to $11 an hour in February as it reaps the benefits from last month’s tax overhaul. We’re raising our starting wage for all hourly associates in the U.S.,

Alaska 109
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CFPB: Are They Coming to Get You?

Jeff For Banks

According to my firm's profitability peer group, a branch with $74 million in average deposits made a mere pre-tax profit of three basis points. The average operating cost to originate and maintain an unsecured personal loan is $287 (again, according to my firm's profitability outsourcing service peer group).

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Wells Fargo’s Q2 Disappoints After Scandals

PYMNTS

The current quarter included a 10-cent per share income tax expense. . Wayfair, which impacted how states may collect taxes on sales made by out-of-state sellers. . Wells Fargo also announced plans to sell 52 branches in Indiana, Ohio, Michigan and parts of Wisconsin to Flagstar Bancorp.

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Banking's Top 5 in Total Return to Shareholders: 2018 Edition

Jeff For Banks

But once they turned things around they took their deferred tax asset back onto their books and did three acquisition. The Bank operates five full service offices. It also operates 13 Home Loan Centers in Oregon and Idaho. The bank operates twelve branches, eleven in California and one in Nevada. Oregon Bancorp, Inc.

Oregon 101
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Fantasy Sports Get A Legal Go-Ahead In New York State

PYMNTS

Indiana, Virginia, Tennessee, Mississippi, Missouri and Colorado have all affirmed daily sports betting as a legal alternative, but other states have seen the issue differently. While a court initially barred DraftKings and FanDuel from continuing to operate in New York, a higher court reversed that decision on appeal.

New York 101
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‘Stranger Things’ And Starcourt Mall Teach Us About Big Tech And Innovation

PYMNTS

Taxes and other measures put in place years earlier were even rolled back. In season three of Stranger Things , there is one scene where angry mobs of merchants are protesting in front of City Hall because Main Street businesses in Hawkins, Indiana are being shuttered due to this new shopping innovation.