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How Atlantic Union plans to fill a gap in Virginia's banking market

American Banker

Mergers have left Virginia without an independent statewide financial institution. Atlantic Union CEO John Asbury is trying to change that.

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WorldRemit Launches Its Service In Virginia

PYMNTS

23) it has launched its services in Virginia. WorldRemit provides a secure way for Virginia residents to send money to their loved ones around the world. Residents of Virginia now have the power to share money with friends and relatives abroad, 24/7,” commented Brion Nazzaro, director at WorldRemit, in the press release.

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Virginia Sues Online Lender Over Consumer Loans

PYMNTS

Virginia is suing one of the largest online lenders in the U.S. Its parent company, Enova International, reportedly spent more than $100 million in 2017 for marketing. after reportedly charging Virginians millions in interest and fees. According to the lawsuit, NetCredit provided loans to over 47,000 Virginians going back to 2012.

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Loss Of Advertisers Knocks Facebook’s Market Value Down $56B

PYMNTS

percent on Friday, the highest amount in months, and the company’s market value fell $56 billion. In 2018, as the midterm elections were approaching, Senators Mark Warner of Virginia and Amy Klobuchar of Minnesota sent an open letter to Zuckerberg critiquing his then-new ad policy of requiring those buying ads to note who paid for them.

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Virginia Attorney General obtains default judgment in lawsuit against pension advance company

CFPB Monitor

As discussed below, the court’s order is a default judgment in favor of the Virginia AG. Although the AG’s complaint alleged that the interest rates charged on the transactions exceeded Virginia’s usury limits, it did not charge the defendants with violating the state’s usury laws.

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7-Eleven Launches Beer Delivery In Select US Markets

PYMNTS

” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft.

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Amazon Rolls Out Whole Foods Curbside Delivery In Two Markets

PYMNTS

Amazon and Whole Foods Market announced Wednesday (August 8) the launch of curbside grocery pickup in Sacramento and Virginia Beach. With curbside delivery, Prime members can shop at Whole Foods Market online and pick up their order in thirty minutes without having to get out of their car. A customer can order at 5:00 p.m.,

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