Louisiana School Cyberattacks Trigger State Of Emergency

PYMNTS

Louisiana has declared a state of emergency after a series of cyberattacks impacted three of the state’s school districts. The attacks shut down the districts’ phones, as well as locked and encrypted files and computer equipment in school districts in Sabine, Morehouse and Ouachita parishes in North Louisiana. The state was made aware of a malware attack on a few north Louisiana school systems and we have been coordinating a response ever since,” Edwards said.

MTrac Launches Marijuana Payments Platform For Louisiana

PYMNTS

The state of Louisiana has entered legal marijuana territory with medical cannabis access beginning this week. According to MTrac, its payments platform was developed in cooperation with “the main bank in Louisiana” that plans to provide bank account services to the state’s marijuana-related businesses.

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Louisiana group applies to form Native American bank

American Banker

Capital MWBEs Louisiana De novo institutionsOrganizers representing five tribes aim to create a financial institution to serve their members.

Coronavirus concerns prompt Louisiana bank to terminate acquisition

American Banker

Louisiana M&A Coronavirus Alabama Community banksInvestar Holding said it no longer plans to buy Cheaha Financial in Alabama.

Why The Louisiana Purchase Was The Greatest Fourth Of July Sale Ever

PYMNTS

Only it was July 4, 1803 — better known as the Independence Day that the Louisiana Purchase was announced. A Brief History Of The Louisiana Purchase — And Its Associated Payments Problems . Adjusted for inflation, the contemporary value of the Louisiana Purchase was around $340 million. That deal is made more incredible when one considers that the entire Louisiana Territory was not exactly what Jefferson hoped to buy. What A Louisiana Purchase Will Buy Today.

Business First to acquire Louisiana rival Pedestal Bancshares

American Banker

Community banking M&A Commercial lending Growth strategies LouisianaThe company will pay $211 million for a bank with 22 branches as $1.2 billion in assets.

Investar ending 2020 with deal for Alabama bank

American Banker

The Louisiana company sold $30 million in stock to help fund its purchase of Cheaha Financial Group. Community banking M&A Growth strategies Alabama Louisiana

Banks in Hurricane Laura's path hopeful their markets were spared worst

American Banker

Natural disasters Louisiana Regional banks Community banksBranches in the Gulf Coast region largely avoided massive flooding. Now bankers must assess the impact on employees and customers.

Banks in hurricane zone redraw preparedness playbooks

American Banker

Crisis Management Community banking Texas Louisiana CoronavirusSocial distancing and other pandemic-related measures are making it harder for banks in the Gulf region to rely on tried-and-true contingencies.

Banks Providing Low-Rate Loans, Deferments in Flood-Ravaged Louisiana

American Banker

Baton Rouge and surrounding areas in Louisiana have been hit by historic rain and flooding in recent days. consumer-finance la commercial-lending performance community-banking

CFPB February 2017 complaint report highlights credit reporting complaints, complaints from Louisiana consumers

CFPB Monitor

The report also highlights complaints from consumers in Louisiana and the New Orleans metro areas. Findings regarding complaints from Louisiana consumers include the following: As of February 1, 2017, approximately 12,400 complaints were submitted by Louisiana consumers of which approximately 4,500 were from New Orleans consumers. Barbara S. Mishkin. The CFPB has issued its February 2017 complaint report that highlights credit reporting complaints.

First NBC in Louisiana Names New Chairman

American Banker

The $4.9 billion-asset company said in a regulatory filing Friday that its president and CEO, Ashton Ryan Jr., had relinquished the chairmanship to Shivan Govindan, its vice chairman since 2013. breaking_news people corporate-governance community-banking

Louisiana Community Bancorp to Buy Tri-Parish Bancshares

American Banker

Louisiana Community Bancorp in Houma has agreed to buy Tri-Parish Bancshares in Eunice, La. breaking_news community-banking m-a la dealmaking-strategy

Casino Reopenings Draw In Gamblers Despite Online Gaming Surges

PYMNTS

Casinos in Mississippi and Louisiana are reopening this week, and visitors are traveling long distances and waiting in lines to enter the facilities, according to a report from The Wall Street Journal. One person cited in the report drove from Houston to Louisiana with her family for the reopening of casinos on Monday. Coronavirus Economy casinos crowds economy Editors' Picks gambling Louisiana mississippi News Online gambling recovery reopening What's Hot

Investar in Louisiana Files $50M Shelf Registration

American Banker

Add Investar Holding in Baton Rouge, La., to the growing list of community banks filing shelf registrations. breaking_news dealmaking-strategy capital strategic-alternatives la community-banking

Organizers lay out ambitious plan for New Orleans de novo bank

American Banker

Capital Community banking Louisiana De novo institutions Growth strategiesViZ Bank would eventually have branches across several major U.S. cities, including Dallas, Denver and Atlanta. It would also offer a program to help former inmates build savings and establish credit.

Former First NBC executives charged with fraud tied to bank's failure

American Banker

FDIC Litigation Failures Fraud Louisiana Community banks Law and regulationAshton Ryan, the New Orleans bank's CEO, and two other officers are accused of disguising the financial condition of certain borrowers before the bank's 2017 collapse.

Looking back at 2019's community bankers to watch

American Banker

Community banking M&A Succession planning Branding Credit quality CRE Virginia California Arkansas Massachusetts LouisianaOne found a buyer, another announced plans to retire, and others took steps to reinvent their banks.

Walmart rolls out Walmart Pay in Louisiana

The Paypers

(The Paypers) Walmart has launched Walmart Pay to enable customers to pay with their smartphones in Walmart stores in Louisiana

Louisiana sales tax triggers Amazon Associates programme cancellation

The Paypers

(The Paypers) Amazon , the US electronic commerce and cloud computing company, is cancelling its Amazon Associates programme in Louisiana due to a recently issued sales tax requirement

Gibsland Bank & Trust (LA) Offers Rewards Checking Statewide

BankDeals

Gibsland Bank & Trust (LA) is currently offering its GBT Hometown Rewards Checking (4.11% APY, on qualifying balances up to $15k) to all Louisiana residents

ABA Adds Five to Community Bank Benchmark

Banking Exchange

Banks based in California, Michigan, Ohio, Louisiana and Florida have been added to the Nasdaq index of community institutions Community Banking Feature3 Feature Management M&A Financial Trends ABA News Nasdaq. 1Community Banking

Bank Branches: Between Digital Transformation and Uncertainty

Bank Innovation

The physical bank branch is by no means dead, but is trending toward consolidation or closure, as in the case of Iberia Bank in Louisiana. The changing bank branch is a twofold story of innovation and closures. Earlier this week, the regional bank announced the closure of 22 branches. CEO Daryl Byrd said the move […]. Exclusive Innovations Operations Premium bank branch of the future branch banking branch closure Citizen bank Citizens Bank Iberia Bank Wells Fargo

CFPB's payday rule cuts states off at the knees

Payments Source

The agency’s rule restricting short-term loans ignores state discretion and harms needy borrowers, argues Louisiana’s attorney general. Payday lending Consumer banking Consumer lending Payments CFPB

Marion State Bank (LA) Adds 100 bps To Kasasa Cash Checking Rate

BankDeals

Marion State Bank (NE Louisiana) has raised the rate on its Free Kasasa Cash account to 4.00% APY on qualifying balances. Free Kasasa Saver earns 1.00% APY up to $50k

4.16.18 Your morning briefing

Payments Source

Today: Australian banks oppose open banking; Louisiana town plots its own currency; No more FOMO for bitcoin; Russia plans its own mobile payment system. The information you need to start your day, from PaymentsSource and around the Web. Briefing

Dear Sen. Warren: Stop “helping” us

ABA Community Banking

Outspoken Louisiana banker Guy Williams has an earful for lots of "helpful" players CSuite Community Banking. 1Community Banking

7.30.19 Your morning briefing

Payments Source

Today: BofA ends First Data joint venture; Capital One and Sephora suffer breaches; Grab uses infusion to expand in Indonesia; Ripple wants to be seen as different than Libra; A ransomware emergency in Louisiana; Amazon expands into food delivery in India. The information you need to start your day, from PaymentsSource and around the Web.

CFPB to hold Oct. 18 town hall on preventing elder financial exploitation

CFPB Monitor

On October 18, 2018 , the CFPB will hold a town hall in Baton Rouge, Louisiana on preventing elder financial exploitation. The event will feature remarks from CFPB Acting Director Mick Mulvaney and Louisiana Attorney General Jeff Landry, as well as participation from community groups, industry representatives, state partners, and members of the public.

Podcast: How Diversity and Inclusion Create a ‘Sense of Belonging’

ABA Community Banking

For Monica Sylvain, chief diversity officer at Louisiana-based IberiaBank, a focus on diversity, equity and inclusion (or DE&I, as it's increasingly widely known) starts with building community. The post Podcast: How Diversity and Inclusion Create a ‘Sense of Belonging’ appeared first on ABA Banking Journal. ABA Banking Journal Podcast Community Banking Featured Human Resources Diversity Leadership Recruitment

03.05.18 Your morning briefing

Payments Source

s regulatory sandbox may expand; Walmart adds to its delivery strategy; Louisiana investigates unauthorized bitcoin mining. The information you need to start your day, from PaymentsSource and around the Web. Today: Amazon's reportedly in talks with JPMorgan Chase to build a checking account; Mexico may adopt open banking; U.K.'s Briefing

Advocacy at the Grassroots: Improving State Statutes

Independent Banker

Amending Louisiana’s laws to better address financial crimes, electronic documents and unclaimed property. Since 2008 the Louisiana Bankers Association has sponsored more than 50 pieces of state legislation to help Louisiana community banks and their customers. These changes have been instrumental in improving the ability of the Secret Service in Louisiana to arrest and convict criminals under state law.

US Jobless Claims Fall Slightly To 860,000

PYMNTS

The largest increases in initial claims were in California (23,841), as the service industry reported layoffs; Texas (8,618), which saw the loss of manufacturing, retail, education, accommodation and food and professional services jobs; Louisiana (8,375); New Jersey (2,402); and Washington (2,173).

As Consumers Embrace eCommerce, Tax Complexity Grows

PYMNTS

1.8M: Amount Walmart allegedly owes Jefferson Parish, Louisiana in unpaid 2009 to 2015 sales taxes. South Dakota vs. Wayfair was only the beginning. The Supreme Court ruling has started the ball rolling for states and municipalities to tax eCommerce – specifically, out-of-state firms and online marketplaces. But there have already been disputes making their way through the courts, as detailed in the latest Next-Gen Sales Tax Tracker.

Taxes 127

Facebook CMO Leaving To Focus On Promoting Diversity In Tech

PYMNTS

” According to his LinkedIn profile, Lucio graduated from Louisiana State University with a Bachelor of Arts in history, and worked at Kraft, PepsiCo, Visa and Hewlett-Packard prior to joining Facebook in September 2018.