Montana Supreme Court rules healthcare provider’s use of prepaid cards to make refunds did not violate state law

CFPB Monitor

The Montana Supreme Court, in Bratton v. has ruled that a health care provider’s use of prepaid cards to make refunds to patients did not violate Montana law. Litigation and Court Decisions Prepaid Cards montana prepaid cardSisters of Charity of Leavenworth Health System, Inc. ,

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

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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.

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

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?

First Interstate in Montana Hires Chief Credit Officer

American Banker

First Interstate BancSystem in Billings, Mont., has tapped a KeyCorp executive as its new chief credit officer. people recruitment mt wa community-banking

Rebeca Romero Rainey: We make every day better

Independent Banker

I’ll be speaking at the community banking program at Montana State University, visiting TCM Bank in Tampa, Fla., “Community banks work hard to ensure that every day is just a little bit better than the last.”. As community bankers, we strive for excellence.

California Goes Back Under Lockdown

PYMNTS

Cases in Alabama, Alaska, Arkansas, Georgia, Hawaii, Idaho, Louisiana, Montana, Nevada, Oklahoma, South Carolina, Tennessee and West Virginia surged by more than 20 percent in the past week, according to Johns Hopkins. . The number of coronavirus cases in the U.S. surpassed 3.3

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.

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?

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

Uber Eats Says Customers Donated $3M To Help Unemployed Workers

PYMNTS

The top five most generous states were Washington, Vermont, Montana, Connecticut and South Carolina, the report noted.

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.

Tulsa 284

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.

Gamblers Descend On Reopened S. Dakota Casinos

PYMNTS

Montana-based Golden Entertainment opened its casinos for play on May 4, which yielded a turnout that owners said was close to pre-pandemic levels.

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.”.

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.

Personalization without Segmentation: The Power of Velocity Scripting

Perficient Financial Servies.

An example of a Segment / Segmentation is Montana (Segment) within the State (Segmentation). Personalization drives success within marketing campaigns.

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.

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.

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.

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.

System 163

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.

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.

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.

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.

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.

The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

states, with only Arizona, Hawaii, Idaho, Montana, Nevada and Washington labeling DFS as illegal. In 2018, the Supreme Court struck down a 1992 law passed by Congress that made it illegal for most states to legalize sports betting within their borders.

Online 179

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.

Oregon 133

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.

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.