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Fast Action: Tennessee Sportsbook Bets Service Quality On Instant Payments

PYMNTS

To an extent, that same spirit and intention is behind the recent spate of government approvals for online gambling. That leads to the product of said online activity — and that’s money. And the delivery of that product is behind the value proposition of Tennessee’s newest sports betting firm, Action 24/7. Next Steps.

Tennessee 262
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Citizens National Bank Offers Rewards Checking In East Tennessee

BankDeals

Citizens National Bank has been offering its competitive Rewards Checking in eastern Tennessee for more than five years. Available online or in-branch.

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Deutsche Bank, PNC Plan To Reduce Brick-And-Mortar Bank Branch Footprints

PYMNTS

The financial institution said per the report that it would shutter approximately 100 locations throughout the nation, which would shrink its domestic offices to roughly 400. The company has opened a minimum of 13 “solutions centers” in places such as Nashville, Tennessee and Dallas that provide an alternative to the usual bank office.

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Macy’s Is Hiring 80,000 Employees For The Holidays

PYMNTS

Macy’s announced it is hiring 80,000 temporary workers for the holiday season, as well as adding more employees to handle online orders. The retailer said that around 23,500 of the seasonal positions will be based in facilities that support online sales, an increase of 5,500 positions compared to 2017. Macy’s, Inc.

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Macy’s Eventizes Holiday Hiring

PYMNTS

The embattled apparel retailer will be hiring about the same number of workers it did last year — about 83,000 associates for positions across its Macy’s and Bloomingdale’s stores, call centers, distribution centers and online fulfillment centers nationwide.

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CFPB issues annual fair lending report

CFPB Monitor

One of those actions is an action brought jointly with the DOJ and OCC against Trustmark National Bank (TNB) which alleged TNB engaged in lending discrimination by redlining predominantly Black and Hispanic neighborhoods in Memphis, Tennessee.

Lending 148
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PPP Funding Out But Not Necessarily Over; Lenders Preparing

Abrigo

Executive Vice President and Chief Credit Officer Glenda Sorotski said Western States Bank’s customers used an online application for the PPP loans, enabling lenders to process more than they would have been able to if they had relied on paper-based applications and documentation. we’re preparing for that as well.”.

Lending 195