African FinTech Payment Startup Chipper Cash Woos Investors, Including Joe Montana

PYMNTS

The funding round was led by Deciens Capital and joined by 500 Startups and Liquid 2 Ventures, which was co-founded by legendary former 49ers quarterback Joe Montana. Chipper Cash Chief Executive Ham Serunjogi went to Montana directly to pitch the company to him. “He

Montana Supreme Court to decide if healthcare provider’s use of prepaid cards to make refunds violated state law

CFPB Monitor

An appeal now pending before the Montana Supreme Court could have significance for businesses that use prepaid cards to make refunds to customers. Briefing is currently underway in the Montana Supreme Court, with the plaintiff having filed her opening brief.

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Defendant files answer brief, trade groups file amicus brief in Montana lawsuit challenging healthcare provider’s use of prepaid cards to make refunds

CFPB Monitor

an appeal now pending before the Montana Supreme Court involving a challenge to the defendant’s use of prepaid cards to make refunds to the plaintiff. Litigation and Court Decisions Prepaid Cards montana prepaid cardLast week, the defendant filed its answer brief in Bratton v.

Freedom Bank in Montana Released from FDIC Consent Order

American Banker

has been released from a consent order that the FDIC and the Montana Division of Banking and Financial Institutions had implemented in December 2009. Freedom Bank in Columbia Falls, Mont., breaking_news community-banking enforcement fdic mt law-regulation

First Interstate in Montana to Buy Flathead Bank

American Banker

First Interstate BancSystem in Billings, Mont., announced its third deal in two years as it inched closer to $10 billion of assets. breaking_news community-banking mt m-a dealmaking-strategy

Glacier Bancorp to Buy Treasure State in Montana

American Banker

Glacier Bancorp in Kalispell, Mont., has agreed to buy Treasure State Bank in Missoula, Mont., for $12.9 million in cash and stock. breaking_news mt community-banking dealmaking-strategy

Former Montana Bank CEO Joins Board of Calif. Bank

American Banker

Community Bank in Pasadena, Calif., said Tuesday that it has named Lyle Knight, a former CEO of First Interstate BancSystem in Billings, Mont., to its board. breaking_news people recruitment ca mt community-banking

Bankers Tell Me Their Top Industry Game Changers

Jeff For Banks

I teach Bank Profitability for the Washington, Utah, and Montana Bankers'' Associations EDP programs. Montana has many small, closely held financial institutions. If you were asked what one industry trend will change the face of banking forever, what would you say?

Big Deal Brings Urban Opportunity, New Challenges for First Interstate

American Banker

Montana's biggest bank will have to compete in cities such as Seattle and Portland, Ore., after buying Cascade Bancorp. But the company is arguably more excited about its chances to grow in central Oregon and Idaho, which are more like its existing markets.

Rebeca Romero Rainey: You are the backbone of our nation’s financing

Independent Banker

I’ll be visiting the Montana Independent Bankers for their annual convention. “When our customers’ needs take center stage, we identify creative solutions to help them achieve their dreams.”.

Seven States Approve Marijuana Measures

American Banker

Voters in Florida, North Dakota, Montana and Arkansas approved medical marijuana measures on Tuesday, while their counterparts in California, Massachusetts and Nevada approved recreational pot initiatives. breaking_news consumer-finance national-regional compliance kyc ca fl mt nd ma me az nv ar law-regulation

Amazon Plans Whole Foods Expansions In Closed Sears Stores

PYMNTS

Right now, Whole Foods has about 470 stores around the nation – which isn’t much considering the proliferation of Walmart and Kroger stores, but it now has the capital to expand into previously unreachable areas, like Montana.

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IRS Going After Offshore Debit Cards With John Doe Summons

PYMNTS

According to a report by Forbes , a federal court in Montana gave the IRS permission to serve Michael Behr of Bozeman, Montana, a John Doe summons to get information about taxpayers in the U.S. The IRS has been using a John Doe summons to get access to taxpayers’ bitcoin information and is now using the same tactic to get debit card information.

Bitcoin Daily: FINMA Grants Licenses To Two New Blockchain Firms; ShortHop Crypto Exchange Launches In Seven New States

PYMNTS

states: Indiana, Massachusetts, Nevada, New Jersey, Rhode Island, Arizona and Montana. The Swiss Financial Market Supervisory Authority (FINMA) has granted the first “banking and securities licenses” to two blockchain companies: SEBA Crypto AG and Sygnum AG.

African FinTech Chipper Cash Gets $6M To Enter New Markets

PYMNTS

million in May of this year in a seed round that had support from Liquid 2 Ventures, which was co-founded by football star Joe Montana.

Homegrown Lender

Independent Banker

Teton Banks, a $200 million-asset community bank, is located in central Montana. Lyle Hodgskiss Teton Banks in Choteau, Mont. Lyle Hodgskiss has strong knowledge and customer bonds. By Beth Mattson-Teig.

Payouts Network Serves Restaurant Workers Real-Time Tips

PYMNTS

Montana-based FinTech Payouts Network announced a partnership with Georgia-based Priority Commercial Payments in a press release Tuesday (Oct. The partnership enables instant payouts instead of using checks or ACH to provide payments to consumers, employees and businesses.

The Final Super Tuesday

PYMNTS

Montana . Known for being Big Sky Country and the home to a lot of cattle ranchers, Montana is well off the beaten path by any reasonable definition of the beaten path. Montana, in terms of population, is 44th — coming in ahead of only Alaska, Wyoming, Vermont, Delaware and the two Dakotas. Montana is roughly 18 times the size of New Jersey by landmass and has less than one-eighth of New Jersey’s population. But Montana put up a strong store front performance.

Three Ideas for Banks to Reverse the "Silvering" of Their Customer Base

Jeff For Banks

A common theme among students that expressed concern about it during our Executive Development Program (EDP) sessions in Seattle, Montana, and Salt Lake City. Are your customers older than your markets?

Kroger Expands Home Chef Meal Kit Offerings To New Stores

PYMNTS

Kroger has announced that Home Chef meal kits will now be available in 500 additional Kroger stores across the country.

Kroger Debuts Rx Membership Program

PYMNTS

Kroger will take over Shopko pharmacy records in Utah, Nebraska, Idaho, Washington and Montana as well. Kroger has launched the Rx Savings Club, which aims to significantly reduce the cost of prescription drugs for customers across the country.

Mitek Systems Rejects Offer From Elliott Management, ASG Technologies

PYMNTS

CFO Davison will depart at the end of November to join a firm near his home in Bozeman, Montana. Mitek Systems , the financial technology provider to banks, is pushing back from a takeover offer from Elliott Management , the hedge fund and ASG Technologies , the software company.

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Facebook Live Now Offers Tipping

PYMNTS

The company is starting with a small group of test markets, including New Orleans, Louisiana; Olympia, Washington; Billings, Montana; Binghamton, New York; Peoria, Illinois and Little Rock, Arkansas. Video gameplay streamers who use Facebook Live are getting a new way to make money, with Facebook adding the capability for users to tip creators. According to report in TechCrunch , Facebook Live users can tip creators a minimum of $3 on the computer desktop version of its site.

Mitek’s Board Rejects ASG Offer As ‘Not In The Best Interest’ Of Shareholders

PYMNTS

CFO Davison will depart at the end of November to join a firm near his home in Bozeman, Montana. Mitek Systems, the identity verification solutions company, announced Monday (November 5) that its board of directors have unanimously decided to reject an offer from ASG Technologies Group, which is a portfolio company of Elliott Associates and Elliott International.

The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Montana. Although startups based in California, New York, and Massachusetts have traditionally accounted for the majority of VC tech investment in the US, VCs are spurring other hotbeds of innovation across the country.

Seed Companies’ Valuations Surging But Number Of Deals Dwindling

PYMNTS

Athletes — including Kevin Durant, the retired baseball star, Derek Jeter, one of baseball’s greats and Joe Montana, the football legend — are among the well-known people investing in startups.

Have Pillow, Will Trade? How Digital Is Stirring A New Age Of Bartering

PYMNTS

One typical listing – for The Montana , a guesthouse in the U.K. What’s old, of course, always becomes new again. That holds especially true this month for the prehistoric practice of bartering.

From Farce to Menace

Independent Banker

Even more obviously absurd, one provision would allow community credit unions in seven states—Montana, Alaska, Delaware, North Dakota, South Dakota, Vermont and Wyoming—to serve their entire state. By Camden R. Fine, President and CEO of ICBA. So here we go again.

Cash&Carry Rebrands Itself Into Smart Foodservice

PYMNTS

” Headquartered near Portland, Oregon, Smart Foodservice currently has 63 wholesale stores located in Washington, Oregon, California, Idaho, Montana, Nevada and Utah. Cash&Carry Smart Foodservice announced it is rebranding to the name Smart Foodservice Warehouse Stores. The company said the change reflects more than 60 years of evolution in the industry.

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Excited To Help People

Independent Banker

His collection of shot glasses, each bearing a particular state’s name or emblem as tangible evidence of his visits to those states, is complete after a recent trip through the Dakotas, Montana, Wyoming and then, lastly, Alaska.

Retail’s Voice-Assisted, Meatless Summer

PYMNTS

The service reached this milestone after recent rollouts in Alaska, Hawaii, Washington, Oregon, Idaho, North Dakota, South Dakota, Montana and Wyoming. It was a summer of last-mile delivery and new subscription pushes.

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Credit Card Rewards App Sift Announces $1.5 Million Seed Round

PYMNTS

The Sift app has an opportunity to turn the credit card experience upside down,” said Joe Montana, managing partner at Liquid 2 Ventures. Sift, a free application that ensures credit card customers reap the full benefits of their cards, announced a $1.5 million seed round last week, as well as the public release of its app for iOS in the App Store.

Colorado passes 36% payday loan rate cap

CFPB Monitor

The other states to have done so are South Dakota, Ohio, Arizona, and Montana. By an overwhelming vote (approximately 1,4270,000 million to 433,000), Colorado voters passed Proposition 111, a ballot initiative that places a 36 percent APR cap on payday loans.

Straightforward Principles of Success

Independent Banker

Under the big Montana sky, Mark Zaback helps lead a community bank with a cowboy code. “From the beginning, we’ve really tried to keep things simple. We let our actions speak for the bank.” Mark Zaback, Jonah Bank of Wyoming.

Bitcoin Daily: Bitcoin Tumbles Below $10k, Iran Mulls Crypto

PYMNTS

Users in California, Massachusetts, Missouri, Montana and New Hampshire can trade bitcoin and Ethereum without any fees from the exchange. It wasn’t to be: Bitcoin’s rally has seemingly come to an end, MarketWatch reported. The world’s most popular cryptocurrency fell below $10,000 after nearly reaching $12,000. According to Coindesk , it reached $9,604.84 as of 8:14 P.M. And Robinhood is taking on Coinbase with a no-fee crypto trading feature in five states, TechCrunch reported.

I’ll Be Attending the 2019 IBM Think Conference

Alex Jimenez

For the past several years I’ve been fortunate to be able to attend many banking and fintech related conferences. One of the drawbacks to going back to these conferences has been that they all tend to cover the same ground year in and year out.

The United States Of Startups: The Most Well-Funded Tech Startup In Every US State

CB Insights

Montana. The tech boom has diffused beyond the traditional hotbeds of California, New York, and Massachusetts, across the entire United States. In our latest map of the most well-funded American tech startup in each state, some companies with the deepest pockets were found in Florida ( Magic Leap , $1.89B), Virginia ( OneWeb , $2.2B), Utah ( Domo , $698M), and Illinois ( Avant , $655M). LIVE BRIEFING: 15 trends shaping tech in 2018.

States Continue with Amex Steering Suit, DOJ Abandons Antitrust Efforts

PYMNTS

The states that are continuing with the case are: Ohio, which is the lead plaintiff, Idaho, Illinois, Iowa, Connecticut, Maryland, Michigan, Montana, Rhode Island, Utah and Vermont. The Justice Department may have left its skirmish against American Express and the issue of “steering,” but nearly a dozen states are battling on against the card issuer in their own fight. On Friday, the Justice Department announced that it would not seek U.S.

More amicus briefs filed in Seila Law

CFPB Monitor

Amicus briefs have been filed in the U.S. Supreme Court in support of Paul Clement, who was appointed amicus curiae by the Court to defend the Ninth Circuit’s ruling in Seila Law that the CFPB’s structure is constitutional. Amicus briefs were filed last month in support of Seila Law and the CFPB.).

An Unexpected Turn

Independent Banker

My initial assignment was as a flight security controller, which involved overseeing a wide range of security protocols in support of the Minuteman intercontinental ballistic missiles located in hardened underground silos across northern Montana.

Promotional Pricing for Deposits—One Size Does NOT Fit All

FICO

Try charging San Francisco coffee prices in Farmertown, Montana. Let’s face it—most consumers (me included) love a good deal. In retail, the enticing banner of SALE triggers purchasing behavior in many consumers. Like moths to the flame, retailers use attractive promotions to draw business.

Amex’s 25-Year Membership Rewards Milestone Program

PYMNTS

Some of the exclusive rewards American Express is offering for redemption include a football autographed by NFL great Joe Montana, a weeklong sailing trip around the Indonesian archipelago with National Geographic photographer Laura Grier where you will “learn how to capture the beauty of the Indonesian Islands with your own lens” or a private cocktail lesson with an award-winning mixologist. Are you among those just dying to see Broadway’s newest smash hit “Hamilton?”

Target’s Rapid Reset

PYMNTS

In the last four weeks alone, Target has expanded grocery delivery to California, Montana, New York, Pennsylvania and Maine. Model and social media celebrity Chrissy Teigen is, in many ways, the perfect brand partner for Target, as evidenced by her recent review of her new kitchen and cookware lines. Unlike her competitor for the title of Generations X’s Martha Stewart, Gwyneth Paltrow, Teigen has built a brand around being accessibly aspirational.