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. ,
PYMNTS
OCTOBER 28, 2019
Missouri has been investigating Google for two years, and it recently folded its investigation into the larger Texas one. The idea is that with more and more AGs on board, “there’s a lot more firepower,” said Chris Nuelle, a Missouri AG spokesman. However, the probes have aided a new type of fervor for going after Google.
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PYMNTS
NOVEMBER 12, 2020
Twelve years after the housing and mortgage markets’ collapse threw the United States into financial distress not seen since the Great Depression, market watchers are again on the lookout for a possible new banking crisis spawned by upheaval in the U.S. commercial real estate sector. The Government’s Response.
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. Balance runoff is picking up speed, according to financial consulting firm Curinos.
CFPB Monitor
MAY 6, 2021
In the litigation that followed , Maryland’s highest court held that nonbanks cannot market loans originated by a bank without being licensed as credit services businesses, and affirmed $5.6 In 2016, the OCFR brought an enforcement action against CashCall, a nonbank operating a high-rate bank model program.
PYMNTS
FEBRUARY 24, 2017
The bitcoin market cap was over $18.5 Louis, Missouri, the company’s first foray into the Midwestern market. Louis, Missouri, the company’s first foray into the Midwestern market. At the time of writing, bitcoin’s price sat at $1,149 even, up 2.39 percent over Wednesday’s close.
Perficient
JULY 11, 2022
Pay in 4 is not currently available for residents of Missouri, New Mexico, North Dakota, South Dakota, Wisconsin, or any US Territories. Consumer advocate groups and regulators have also brought forth concerns about the ramifications of BNPL existing outside of the normal credit-reporting system.
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