Granite Bank Acquires New Hampshire Lender

American Banker

Granite Bank in Portsmouth, N.H., will acquire Cousins Home Lending. breaking_news community-banking nh dealmaking-strategy

Coronavirus Refunds: Ticketmaster Updates Refund Policy Phrasing; MAPFRE Insurance Debuts ‘Staying Home Refund’ Program

PYMNTS

The University of New Hampshire will give back half of the housing costs, required charges and meal plan fees following the closure of campus for the spring because of the coronavirus, t he New Hampshire Union Leader reported. Refunds have also been made to student accounts at the University of New Hampshire in Manchester, with the inclusion of half of some charges.

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Coronavirus Refunds: Auto Insurers Give Back Premiums; UNH Refunds $27M+ To Students

PYMNTS

T he University of New Hampshire (UNH) has given students over $27 million in reimbursements while they are not on campus amid the COVID-19 crisis, WMUR reported. UNH is also putting into place new procedures for staff such as creating a furlough policy and an “enhanced layoff policy that extends the duration of health plan coverage at the same employee cost share by three months.”. “ Coronavirus Auto Insurers Insurance News refunds University of New Hampshire

Arizona Considers Accepting Tax Payments In Cryptocurrency

PYMNTS

Two years after legislators in New Hampshire decided that they would not allow their citizens pay their taxes with bitcoin, the Arizona state legislature is mulling a bill that would pave the way for people to pay their Arizona taxes with cryptocurrencies, Coindesk reported. The bill called for the New Hampshire treasurer to “develop an implementation plan for the state to accept bitcoin as payment for taxes and fees.”.

NEFCU adds 14 counties to field of membership

American Banker

Growth strategies Consumer banking New Hampshire Field of membership VermontThe Vermont-based credit union received the OK from federal regulators to add 650,000 potential members to its FOM, an increase of 15%.

The Savings Bank's Kasasa Cash Checking Available in MA and NH

BankDeals

The Savings Bank offers its Kasasa Cash checking account and the companion Kasasa Saver savings account to all residents of Massachusetts and New Hampshire

Millbury National Bank Offers Kasasa Cash and Saver in the Northeast

BankDeals

Millbury National Bank's Kasasa Cash and Kasasa Saver are available in Connecticut, Maine, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont

1.24.19 Your morning briefing

Payments Source

Today: PayPal CEO's not a fan of bitcoin for payments; New tech for cryptocurrency ID; Apple Pay's new ad campaign; New Hampshire may allow crypto for tax payments. The information you need to start your day, from PaymentsSource and around the Web. Briefing

Bank Investment: To De Novo Or Not?

Bank Innovation

Based in Bedford, New Hampshire, the new Primary Bank raised an astounding $29 million after obtaining approval for its charter on March 17th of 2015. It’s been a year since the Federal Deposit Insurance Corporation (FDIC) conditionally approved a de novo charter for Primary Bank. But Primary Bank was not the Read More. Capital Insurance Operations Risk Bank Investors De Novo fdic Federal Deposit Insurance Corporation Primary Bank

Google Slapped With Antitrust Lawsuit Filed By Coalition Of 38 States

PYMNTS

A coalition of 38 state attorneys general filed an antitrust lawsuit against Google , accusing the search giant of engaging in anti-competitive practices, the Associated Press (AP) reported on Thursday (Dec. The federal lawsuit was filed in Washington, D.C.

American Airlines Offers Preflight COVID Tests For US Destinations

PYMNTS

States and territories that currently have COVID-19 travel restrictions include Alaska, Connecticut, District of Columbia, Chicago, Hawaii, Maine, Maryland, Massachusetts, New Hampshire, New York, Pennsylvania, Puerto Rico, Rhode Island and Vermont.

Coinbase Offers Bitcoin Cash Loans Of Up To $20K In 17 US States

PYMNTS

Initially, the loans are available in the following states via the waitlist: Alaska, Arkansas, Connecticut, Florida, Georgia, Illinois, Massachusetts, New Hampshire, New Jersey, North Carolina, Oregon, Texas, Virginia, Nebraska, Utah, Wisconsin and Wyoming.

Overdrafts Continue To Trip Up Financial Institutions

New York's State of Mind

Recently, the United States District Court of New Hampshire refused to dismiss a punitive class action brought against Northeast Credit Union involving claims that the credit union did not adequately disclose the way in which it determines how much money is available in a member’s account. Overdraft litigation is alive and well.

Does NCUA’s Restructuring Plan Make CentsSense?

New York's State of Mind

Region 1 overseas the following states: federally insured credit unions in Connecticut, Maine, Massachusetts, Michigan, New Hampshire, New York, Rhode Island, Vermont, and Wisconsin. NCUA announced Friday that it plans to shut down Region 1 as part of a restructuring of its operations. Region 3, based in Atlanta, is also marked for death.

CU’s Are The Cubs Of Financial Services

New York's State of Mind

Before Thursday morning, the Cubs last won a World Series in the year that the first credit Union was formed in the United States in the great state of New Hampshire. The Cubs and credit unions have a lot in common. Just as every baseball fan knows that the Cubs play in the friendly confines […]. General Cubs

Last Labor Report Before Election Shows Drop In US Jobless Claims

PYMNTS

Since the week ending March 20, more than 55 million individuals have filed for new unemployment insurance claims. 17 were in Massachusetts (+5,442), Kansas (+3,010), Virginia (+2,255), Texas (+616) and Minnesota (+493), while the largest decreases were in California (-16,207), New York (-11,495), Georgia (-9,274), Florida (-7,834) and Michigan (-7,774). Seasonally adjusted initial unemployment claims dipped to 751,000 the week ending Oct.

N.H. Mutual Taps Director as Next Chief

American Banker

Mascoma Savings Bank in New Hampshire spent six months searching for a new president and chief executive before selecting one of its directors for the job. breaking_news people corporate-governance community-banking

Senate Approves Five Week Extension For Paycheck Protection Program 

PYMNTS

Senate extended the popular measure for five more weeks, The New York Times reported. Jeanne Shaheen, a New Hampshire Democrat, said she arrived on Capitol Hill convinced lawmakers would not agree. “I’m Only Maryland, Rhode Island and the District of Columbia have seen fewer new cases. Just as the application deadline was set to expire on the Paycheck Protection Program (PPP) at midnight Tuesday (June 30), the U.S.

Toast Launches Flat-Rate, On-Demand Restaurant Delivery

PYMNTS

Toast , a restaurant point-of-sale (POS) software provider, has unveiled a new service to provide restaurants with a delivery network of drivers free of high commissions, according to an announcement on Tuesday, (April 28). “I’m worried about the future of our industry,” said Jarett Berke, owner and operator of Lou’s Restaurant & Bakery in Hanover, New Hampshire, in a statement. “If

Bottomline Helps Small Businesses Apply For COVID-19 Relief Funding

PYMNTS

New Hampshire FinTech Bottomline Technologies has launched a free initiative to help the nation’s banks provide relief to small businesses hurt by the COVID-19 pandemic. On Thursday (April 2), Bottomline Technologies announced it will offer lenders a simplified Small Business Administration (SBA) loan application platform to originate credit online under the “Paycheck Protection Program.”.

The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

In a microcosm of the national expansion, New Hampshire’s newly online sports gambling program raked in $2.31 When we launched sports betting just over a month ago, we were introducing our players to a completely new way to win,” noted New Hampshire Lottery Commission Executive Director Charlie McIntyre. 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.

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Many Unemployed Still Waiting For Their First Check

PYMNTS

One of the solutions some states, such as New Hampshire and New York, have adopted is to have applicants apply on specific days of the week based on their name. If you’ve filed for unemployment benefits and haven’t received a check yet, you’re not alone.

Bitcoin Daily: Bitcoin Briefly Breaches $3,700; NH Eyes Crypto Tax Payments

PYMNTS

In other news, New Hampshire is considering a law that would allow residents to pay their taxes with cryptocurrency. Despite the fact that it’s rejected a number of bitcoin exchange-traded fund (ETF) proposals, a commissioner at the U.S. Securities and Exchange Commission (SEC) believes one will eventually win approval. Eventually, do I think someone will satisfy the standards that we’ve laid out there? I hope so, yes, and I think so,” said Robert J. Jackson Jr.,

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New Uber Service Caters To Skiers, Snowboarders

PYMNTS

Uber has launched a new feature aimed at skiers and snowboarders called Uber Ski, according to a report. Paul, New Hampshire, Portland (Oregon and Maine), Salt Lake City, Seattle, Upstate New York, Vermont, Wilkes-Barre Scranton and Worcester. Uber is diversifying its rider options in an attempt to attract new riders and keep its existing base. Starting on Dec.

Walmart Expands $1 A Day Degree Program

PYMNTS

Walmart has announced it will be bulking up the program by which it allows full-time and part-time employees to access a college degree for $1 a day — by adding more eligible degrees, college partners and a new path for high school students to its one-year-old program offering.

Proposal Would Allow SMBs To Get Another PPP Loan 

PYMNTS

Cardin, the ranking member of the Small Business Committee, along with Senators Chris Coons (D-Delaware) and Jeanne Shaheen (D-New Hampshire) introduced the bill in the Senate. Angie Craig (D-Minnesota) and Antonio Delgado (D-New York) ) introduced a similar bill. More help for certain small business owners could be on the way if Congress approves another round of Paycheck Protection Program (PPP) loans.

Lawmakers Eye Alternatives To Renter Security Deposits

PYMNTS

New York, Ohio, and Virginia lawmakers all have introduced security deposit-focused legislation designed to help renters in markets often without designated, affordable and low-income housing. Alabama, Connecticut, and New Hampshire representatives say they will follow suit this year with a similar legislative approach. California, New York, and Oregon also have new tenant-focused legislation to limit rent increases and protect individuals from evictions.

NJ Launches First Mobile App For Lottery Tickets

PYMNTS

New Jersey is the first state lottery to authorize lottery courier services formally, enabling the placement of orders via a mobile app, according to an announcement from the company. . Players in New Jersey can place orders in the app for favorites like Powerball, Mega Millions, Cash4Life, and New Jersey’s Pick-6. Sullivan continued, “We’re proud to be the first registered lottery courier service in New Jersey, a state leading the way in innovative gaming.

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Turning The Phone Into Restaurants’ Digital On-Ramp

PYMNTS

Head an hour up the road to some of Bensen AI’s partners within New Hampshire, and the story is very, very different. The firm’s new Greet system can become a restaurant’s automated receptionist.

Walmart Launches Grocery-Picking Robot

PYMNTS

The technology was secretly being piloted at a Supercenter in Salem, New Hampshire, which will serve as Alphabot’s home base. Walmart is aiming to solidify its position as America’s largest grocer with a grocery-picking robot called Alphabot that is said to pick, pack and deliver orders fast, the company announced on Tuesday (Jan.

Dunkin? To Hire 25K Workers As Country Reopens

PYMNTS

Dunkin’ said that to support its franchisees, who are independent business owners, in hiring and keeping employees, they are taking several steps to welcome new employees and to promote job opportunities as the nation’s unemployment rate is in the double digits. Dunkin’ has partnered with Southern New Hampshire University (SNHU) to offer its franchise employees an option for online college education.

Amazon Said To Roll Out PillPack Service To Employees

PYMNTS

However, new reports from CNBC on Wednesday (Nov. The publication said PillPack recently filed for several new pharmacy licenses, most of which are to secure clearance to ship drugs from its warehouse in Phoenix to customers, reports said. Analysts at Jefferies have also identified additional licenses for operations in Washington, New Mexico and Indiana, which could signal bigger plans for Amazon as well.

Blockchain Bitcoin & Crypto Weekly CXO Briefing for week starting 12th June 2017

Daily Fintech

The miner that solves math first and successfully verifies a transaction, is rewarded with new generated currency. Cryptocurrency miners use graphics cards from AMD and Nvidia to mine new coins. News Item 3: New Hampshire Governor Signs Bitcoin MSB Exemption Into Law. Decrypted: Almost a year and half ago, New Hampshire passed regulation making it illegal to sell bitcoin without a traditional money transmission license.

PetSmart Continues Brick-And-Mortar Expansion With More Store Openings

PYMNTS

Pet goods retail chain PetSmart announced Thursday it had opened 28 new brick-and-mortar storefronts in North America during the quarter that ended Nov. 1, 2017, with new locations spanning the United States and Canada. In a press release, the company said the latest expansion efforts add to the 35 new stores launched during the first half of the fiscal year, bringing the total count of store openings in the region to 63 stores. New U.S.

CUs Try To Solve The Cannabis Cash Conundrum

PYMNTS

Recent developments in New Hampshire show how financial services can extend at the state level to cannabis firms. As reported over the weekend by the New Hampshire Union Leader , the state’s five licensed alternative treatment centers (or ATCs, which operate as medical marijuana dispensaries) have gained access to a range of financial products through the GFA Federal Credit Union , such as 401(k) plans and various insurance products. “We’ve