Merchants lose North Dakota debit fee case

Payments Dive

Merchant trade groups that sued the Federal Reserve Board in federal court last year over what they alleged was the central bank's failure to keep debit card fees in check had their case dismissed this week. They said they'll appeal the ruling

North Dakota retailers sue Fed, demand lower debit fees

Payments Source

Federal Reserve Compliance Debit cards Interchange fees North Dakota

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North Dakota retailers sue Fed, demand lower debit fees

American Banker

Federal Reserve Compliance Debit cards Interchange fees North Dakota

Leader of North Dakota bank abruptly resigns

American Banker

Succession planning North Dakota Community banks RecruitingBNCCORP named an interim CEO as it looks for a permanent successor for Timothy Franz.

North Dakota credit unions want their slice of the 'resolution' pie

American Banker

Credit unions Industry News NCUA

Public banks: A viable, safe way to leverage public money

American Banker

Liquidity Growth strategies Consumer banking North Dakota Politics and policy

Alerus in North Dakota to buy retirement services firm

American Banker

The company agreed to acquire a Colorado plan provider that operates as RPS Plan Administration and 24HourFlex. M&A Retirement benefits Growth strategies

North Dakota-based Alerus bulking up in Sun Belt with Phoenix deal

American Banker

Community banking M&A

Coronavirus surge in Upper Midwest has bankers on edge

American Banker

South Dakota Credit quality Workforce management Coronavirus Consumer banking North Dakota Community banks WisconsinThe region now leads the nation in virus cases, and with winter lurking the fear is that the outbreak will only get worse.

Dakotas credit union trade group tweaks branding

American Banker

South Dakota Credit unions Branding North DakotaThe new name is the third time the association has modified its name since leagues for the two states merged in 2007.

N.D. bank buys electronic payments processor InterceptEFT

Payments Source

Community banking M&A Payments Payment processing North DakotaFirst International Bank plans to rename the company Kotapay, while expanding services that include handling direct deposit and credit card processing for financial firms.

North Dakota issues Cease Order to Union Bank Payment Coin

The Paypers

(The Paypers) North Dakota’s securities commissioner has issued Russia’s Union Bank Payment Coin with a Cease and Desist Order, after a potentially fraudulent act

Rural U.S. states get larger share of PPP loans in latest round

American Banker

A rule change that allows farms with just one employee tap the Paycheck Protection Program means more pandemic relief funds are flowing into such states as Nebraska, Oklahoma, Wyoming and North Dakota.

First Community Credit Union (ND) Has Competitive Rewards Checking

BankDeals

Available in the eastern half of North Dakota First Community Credit Union Kasasa Cash Checking and Kasasa Cash Back accounts currently offer competitive rates.

Frontier Bank's Big Deal Cash Checking Available In Five States

BankDeals

Frontier Bank's Big Deal Cash checking and its companion Big Deal Saver savings account is available online in Iowa, Minnesota, Nebraska, North Dakota, and South Dakota

Google Slapped With Antitrust Lawsuit Filed By Coalition Of 38 States

PYMNTS

In addition to Texas, states involved in the Paxton suit include other Republican attorneys general from Arkansas, Idaho, Indiana, Kentucky, Mississippi, Missouri, North Dakota, South Dakota and Utah.

Google 213

1 st National Bank Offers Multi-State FNB Cash Checking

BankDeals

1 st National Bank offers its FNB Cash Checking (2.50% APY, up to $35k) in Iowa, Minnesota, North Dakota, South Dakota, and Wisconsin

An AI startup brings a virtual assistant to the debit card

Payments Source

The fintech is partnering with Choice Financial in North Dakota to create a Douugh-branded checking account and debit card that will prominently feature an AI-based virtual assistant named Sophie. Digital banking PFM Debit cards Artificial intelligence

The Bank in the Background

ABA Community Banking

As it marks its centennial, North Dakota’s public bank does its work through private-sector partnerships. The post The Bank in the Background appeared first on ABA Banking Journal. ABA Banking Journal ABA Banking Journal Podcast Community Banking Featured Policy Community development History Oil and gas Public banks Rural banking

Google Faces Lawsuit From Multiple States Over Digital Ad Tactics

PYMNTS

In addition to Texas, states involved in the suit include Arkansas, Idaho, Indiana, Kentucky, Mississippi, Missouri, North Dakota, South Dakota and Utah, WSJ reported.

Google 241

The Bank in the Background

ABA Community Banking

As it marks its centennial, North Dakota’s public bank does its work through private-sector partnerships. The post The Bank in the Background appeared first on ABA Banking Journal. ABA Banking Journal ABA Banking Journal Podcast Community Banking Featured Policy Community development History Oil and gas Public banks Rural banking

NYC Quarantine Violators Could Face Fines Of Up To $10K

PYMNTS

The rules require anyone traveling from Alaska, Indiana, Delaware, Maryland, Missouri, Montana, North Dakota, Nebraska, Virginia and Washington to quarantine for 14 days before being allowed to travel freely in those states. .

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

Senators Push For Bill That Would Force Retailers To Accept Cash

PYMNTS

Robert Menendez (D-New Jersey) and Kevin Cramer (R-North Dakota) have introduced a bipartisan measure that would forbid merchants from declining cash payments from customers as businesses promote contactless digital payments amid the COVID-19 health crisis, CNBC reported. If two U.S.

Costco Plans For Five New Store Locations This Fall

PYMNTS

The new stores will be in Cherry Hill, New Jersey; Bismarck, North Dakota; Saratoga Springs, Utah; Surprise, Arizona and Idaho Falls, Idaho, Acorns reported.

Idaho 159

Restaurant Chains Feast On Millions From PPP Program

PYMNTS

According to a Reuters analysis of SBA and Census Bureau data, 583 loans were extended for every 1,000 businesses in North Dakota.

California, Florida, Massachusetts, N. Dakota Approve Pot Measures

American Banker

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

FBI Probing Hack Of US Electricity Providers

PYMNTS

The impacted utilities operate in 18 states from Maine to Washington, including Cloverland Electric Cooperation in Michigan, Klickitat Public Utility District in Washington state and Basin Electric Power Cooperative in North Dakota.

PSCU Study Shows Overall Spending Down Amid Coronavirus Pandemic

PYMNTS

In the eight states with no shelter-at-home orders – North Dakota, South Dakota, Nebraska, Iowa, Arkansas, Oklahoma, Wyoming and Utah – spending was still down, but by less.

Study 137

TaxCloud Announces New Stripe Integration

PYMNTS

Since the Supreme Court issued its opinion in South Dakota v. North Dakota , argued that it was “obsolete in an era of eCommerce.” TaxCloud has announced the launch of a new integration with Stripe. The move means that users of Stripe’s payments platform can now connect to TaxCloud to manage their U.S. sales tax obligations via the company’s sales tax application programming interface (API).

The ICBA 22/23 executive committee is all in

Independent Banker

Treasurer Sarah Getzlaff, CEO, Security First Bank of North Dakota, New Salem, N.D. Photos by Chris Williams. From credit union overreach to onerous overregulation, the 2022/23 ICBA board of directors has plenty on its to-do list.

Georgia’s Push To Reopen Falls Flat As Consumers Stay Home

PYMNTS

began to get its early actual data (as opposed to theoretical predictions) as Alaska, Georgia, North Dakota, South Carolina, Tennessee and Texas and all began lifting some of the stricter parts of the social distancing regulations to allow slightly more social mobility, according to CNN.

South Dakota Sues Wayfair, NewEgg, Overstock And Systemax Over Lost eCommerce Revenue

PYMNTS

It’s a big litigious party out in South Dakota these days, as the state is suing four eCommerce merchants for their lost sales tax – and different merchants (in a separate suit) are suing right back. North Dakota. North Dakota.”. Newegg believes South Dakota’s new law is unconstitutional, and intends to defend itself vigorously,” Matt Strathman, associate general counsel at Newegg, said Friday. Regulation Retail sales tax South Dakota

Energy Woes to Test Real Estate Underwriting in Shale Regions

American Banker

Bankers in the Bakken Share region of Minnesota and North Dakota are keeping an eye on exposure to hotels, apartments and retail space as economic slowdowns occur in energy producing markets. Bankers in the Marcellus Shale region are also on alert, though there might be less exposure since that region had not yet had a development boom. national-regional performance community-banking

Bitcoin Daily: Bitcoin Loses $18M, Microsoft Uses Blockchain To Give Consumers More Control Over Personal Data

PYMNTS

And the North Dakota Securities Department announced that it has issued cease and desist orders against three companies for offering “unregistered and potentially fraudulent securities in the form of ICOs.”. Bitcoin was hit with an $18 billion market loss in just three days. CNBC reported that the digital currency stock price fell below $6,200 for the first time in a month, ending the week about 5 percent lower.