New Mexico Lawsuit Sparks Marijuana Business Tax Debate

PYMNTS

A lawsuit in New Mexico is reigniting the debate over marijuana business taxes, only this time, the controversy surrounds how to classify these companies under state tax code.

The Taste Of New Mexico In A Subscription Box

PYMNTS

Entrepreneurs are sometimes inspired to create companies based on a place where they have strong ties: Eric Smith was born as well as raised in New Mexico and co-founded Nuevo Food Box , which offers a subscription box of food highlighting the flavors of the state.

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BANK 34 Kasasa Cash Available In Arizona And New Mexico

BankDeals

BANK 34 (AZ and NM) Kasasa Cash account currently earns 2.50% APY on qualifying balances up to $25k. The Kasasa Saver earns 0.50% APY on balances up to $50k

Student loan servicing developments in California, Illinois, and Washington; legislation introduced in Virginia and New Mexico

CFPB Monitor

The new year heralds many new developments in the state regulation of student loan servicers. California, Illinois, and Washington have each taken significant steps in implementing their existing laws while legislation has been introduced in Virginia and New Mexico to regulate student loan servicers for the first time. New Mexico. The New Mexico legislature may soon consider its own student loan servicing restrictions.

CFPB May 2016 complaint report highlights credit reporting complaints, complaints from New Mexico consumers

CFPB Monitor

The CFPB has issued its May 2016 complaint report which highlights complaints about credit reporting and complaints from consumers in New Mexico and the Albuquerque metro area. New Mexico, Minnesota, and Indiana experienced the greatest complaint volume increases from the same time last year (February to April 2015 compared with February to April 2016) with increases of, respectively, 41, 33, and 26 percent. Barbara S. Mishkin.

Why J.G. Wentworth wants to be the payment company for lottery players

Payments Source

Prepaid cards Underbanked New MexicoWentworth's quirky Broadway-style ads have made it familiar as a structured settlement purchase company, and as it attempts to grab share in the prepaid market it's looking to lottery agencies to make sure its strategy is no gamble.

Bancorp 34 CEO Jill Gutierrez announces retirement

American Banker

The New Mexico company had recently hired James Crotty, a former director at Keefe, Bruyette & Woods, to serve as its co-CEO. C-suite Succession planning Paycheck Protection Program Community banks

N.M. Bank Sells Insurance Unit to Hub International

American Banker

First National Bank of Santa Fe in New Mexico has sold its insurance business, First Santa Fe Insurance Services, to Hub International, a brokerage based in Chicago. breaking_news community-banking dealmaking-strategy

Union in Va. Names Asbury Its Next CEO

American Banker

said Wednesday that John Asbury, formerly of First National Bank of Santa Fe in New Mexico, will be its next CEO. Union Bankshares in Richmond, Va., breaking_news dealmaking-strategy corporate-governance people sailthru-no-lead va community-banking

$12M Offering to Start a Mutual Conversion in N.M.

American Banker

Alamogordo Financial in New Mexico has kicked into gear its plans to convert from a mutual to a fully shareholder-owned company. breaking_news dealmaking-strategy capital strategic-alternatives nm community-banking

Powering Protein Snacks With eCommerce And Rockfish

PYMNTS

He also partly grew up on a cattle ranch in New Mexico.) After working in research, Mendoza left his job and career to move back to New Mexico. With fish jerky, Mendoza said his company is building out a new “edge of the category in the market” for meat-based snacks.

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USDA?s SNAP Benefits Can Used In 25 States, DC To Buy Groceries From Amazon

PYMNTS

Amazon customers can now use Supplemental Nutrient Assistance Program ( SNAP ) benefits in more states, according to a statement from the eCommerce giant.

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Casino Reopenings Draw In Gamblers Despite Online Gaming Surges

PYMNTS

Casinos in Lake Charles and in the vicinity of Shreveport in addition to casinos in Baton Rouge and in the suburbs of the New Orleans area had the ability to open again beginning on Monday. New Jersey made closing orders for its physical casinos on March 16.

Sunflower in Kan., Strategic Growth Bancorp in Texas to Merge

American Banker

billion-asset Strategic Growth to create a company with $3 billion in loans and 60 branches in Colorado, Kansas, Missouri, New Mexico and Texas. The $1.8 billion-asset Sunflower expects to combine with the $2.2 breaking_news community-banking ks tx dealmaking-strategy

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.

Amazon Vet To Head Pharmacy Unit

PYMNTS

Amazon chose a 14-year company veteran to head up its new pharmacy business. The report noted that PillPack has filed for several new pharmacy licenses, most of which are to secure clearance to ship drugs from its warehouse in Phoenix to customers.

Travelers Expands Amazon Smart Home Program

PYMNTS

The Travelers Companies announced 11 new states where eligible customers can receive a smart home kit discount via the insurance firm’s first digital Amazon storefront. The new states enjoying these perks now include Alabama, Arizona, Connecticut, Idaho, Illinois, New Jersey, New Mexico, Oregon, Tennessee, Texas and Utah. “We’re

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BBVA, Prosper Partner To Offer Easier Home Equity Loans

PYMNTS

Online lending marketplace Prosper has teamed up with BBVA USA to offer a new way for consumers to apply for a home equity line of credit (HELOC), which involves significantly less paperwork and waiting than traditional means, according to a release.

BBVA, Prosper Partner To Offer Easier HELOC Application Process

PYMNTS

Online lending marketplace Prosper has teamed up with BBVA USA to offer a new way for consumers to apply for a home equity line of credit (HELOC), which involves significantly less paperwork and waiting than traditional means, according to a release.

Amazon’s Whole Food Discounts Are Rolling Out Across Dozens Of States

PYMNTS

As of today, the extra benefits are available at Whole Foods Markets in Arkansas, Colorado, Florida, Idaho, Kansas, Kansas City, Missouri, Louisiana, New Mexico, northern Nevada, northern California, Oklahoma, Texas and Utah. The Prime rewards are coming; the Prime rewards are coming. Such is the hue and cry set to go off in about a dozen states, as Amazon is starting to ramp up its discounting for Prime members in Whole Foods locations nationwide.

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Kroger Expands Home Chef Meal Kit Offerings To New Stores

PYMNTS

“Kroger continues to redefine the customer experience and provide new ways to shop for, prep and cook meals through exciting brick-and-mortar and digital experiences,” Robert Clark , Kroger’s senior vice president of merchandising, said in a press release.

Giving The Gift Of Michigan With Curated Boxes

PYMNTS

Nuevo Food Box , for instance, offers a subscription box of food highlighting the flavors of New Mexico. Michiganders may have a cottage up north, treat 50 degrees as “shorts weather” and consider Superman ice cream to be a symbol of their childhoods.

Emergent Technology Invests In Trust Stamp To Verify Identities

PYMNTS

It is also being piloted to fight human trafficking by the Attorneys General of New Mexico and Guanajuato, Mexico, with a future rollout planned for additional U.S. Emergent Technology, the blockchain technology company, announced on Tuesday (Sept. 25) that it has made a strategic investment in T Stamp Inc.

Rebeca Romero Rainey: You make the American dream possible

Independent Banker

I’m looking forward to returning to my home state of New Mexico to visit with the Independent Community Bankers of New Mexico. “You make the American dream possible for local families, entrepreneurs, farmers and all those who depend on your bank for their financial needs.”. By Rebeca Romero Rainey, president and CEO, ICBA.

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.

Darden Cyberattack Puts 567K Cards At Risk

PYMNTS

Darden said the Cheddar restaurants impacted are located in Alabama, Arizona, Arkansas, Delaware, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Michigan, Missouri, Nebraska, New Mexico, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, Texas, Virginia, and Wisconsin. Darden Restaurants announced Wednesday (August 23) that the data on 567,000 payment card numbers may have been exposed.

Grubhub, BJ’s Restaurants And Brewhouse Announce Partnership

PYMNTS

As of right now, Grubhub delivery and corporate catering are available at 100 participating BJ’s Restaurants and Brewhouse locations in the states of California, Colorado, Florida, Kentucky, Maryland, Nevada, New Mexico, North Carolina, Ohio, Oregon, Pennsylvania, Arizona, Texas, Virginia and the District of Columbia.

From Russia, With Malware: US Charges Hackers In $100M Bank Fraud

PYMNTS

And here’s perhaps a new wrinkle in the hacker model, with Wired reporting: “Evil Corp was apparently also in the franchise business. Call it Russian interference of a different sort that netted $100 million from banks and financial institutions (FIs) in more than 40 countries.

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Bernalillo County chooses OpenText to automate accounts payable

The Paypers

(The Paypers) OpenText has announced that the Bernalillo County government office in New Mexico has selected OpenText vendor invoice management (VIM) and OpenTex invoice capture center for SAP solutions to automate its accounts payable (AP

Rebeca Romero Rainey: Community service is at our industry’s heart

Independent Banker

As I work on this column, I’m in Santa Fe, preparing to speak at the Independent Community Bankers Association of New Mexico’s annual convention. I’ll be speaking at ICBA’s LEAD FWD; a joint meeting of the California Community Banking Network and Community Bankers of Washington; and the Independent Bankers Association of New York State. “Community service is a timeless tradition that’s core to every community bank.”. By Rebeca Romero Rainey, President and CEO, ICBA.

From Russia, with Malware: US Charges Hacking Group Evil Corp. In $100M Bank Fraud

PYMNTS

And here’s perhaps a new wrinkle in the hacker model, with Wired reporting: “Evil Corp was apparently also in the franchise business. Call it Russian interference of a different sort that netted $100 million from banks and financial institutions (FIs) in more than 40 countries.

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CFPB announces settlement with payday and auto title loan lender to resolve alleged CFPA, FCRA, and TILA violations

CFPB Monitor

Cottonwood operates approximately 340 retail lending outlets in Idaho, Illinois, Michigan, New Mexico, Texas, Utah, and Wisconsin under the name Cash Store. The CFPB announced that it has entered into a settlement with Cottonwood Financial, Ltd.,

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Rebeca Romero Rainey: Create opportunities for new leaders

Independent Banker

In my late 20s, I was honored to join the Board of the Independent Community Bankers of New Mexico, where I focused on ways I could help meet our state’s community banking needs. “Leadership lies not in the position you hold but in what you do with it.”.

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Netflix Adds 7M Subscribers In Q3 Earnings Beat

PYMNTS

The company is then able to accelerate growth in a new segment as it seeks to find out which markets work as it tries to optimize its bundle strategy. It also recently announced that it selected a new U.S.

Casey’s Considers $2B Kroger Convenience Store Acquisition

PYMNTS

The sale included the Stripes brand, a food-focused convenience store chain popular in Texas, Louisiana, New Mexico and Oklahoma. Under pressure from an activist investor, JCP Investment Management, convenience store chain Casey’s General Stores has reportedly placed an initial bid to acquire grocer Kroger’s $2 billion C-store business. That line operates under brand names like Kwik Shop, Turkey Hill and Tom Thumb, CNBC reported Friday (Jan.