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.

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.

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

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

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

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.

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

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.

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

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.

Grow Sales Across B2B and B2C Channels [Webinar]

Perficient Financial Servies.

The first installment in this series was in April, The State of Digital Health in 2020: Payer and Provider Perspectives , where we talked with two female leaders from Blue Cross Blue Shield North Dakota and Cedars-Sinai.

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.

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.

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 163

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

More Than 200 Bankers Let Go At Wells Fargo

PYMNTS

The sources added that many of the agriculture cuts were in rural areas, including North Dakota and South Dakota, which both saw its teams cut in half. Sources have revealed that Wells Fargo has laid off more than 200 bankers in its U.S.

Wells Axes 200+ Staffers From US Lending Units

PYMNTS

The sources added that many of the agriculture cuts were in rural areas, including North Dakota and South Dakota, which both saw its teams cut in half. Sources have revealed that Wells Fargo has laid off more than 200 bankers in its U.S.

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.

California Opens Door For San Francisco Public Bank

PYMNTS

According to reports, the nation’s only public bank currently operates in North Dakota, and was established in 1919.

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.

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.

Rebeca Romero Rainey: You are the backbone of our nation’s financing

Independent Banker

Take the Bank of Glen Ullin in North Dakota. “When our customers’ needs take center stage, we identify creative solutions to help them achieve their dreams.”.

Bitcoin Daily: DOJ Probes Tether Cryptocurrency; Bitcoin Price Slides To Under $4.3K

PYMNTS

In other news, the North Dakota Securities Department has brought a cease-and-desist order against an initial coin offering (ICO) project called the Union Bank Payment Coin (UBPC), CoinDesk reported. The U.S.

The US Supreme Court to revisit ecommerce sales tax law

The Paypers

North Dakota, a 1992 ruling that allowed states to collect taxes on online sales only from sellers that had a physical presence within their boundaries (The Paypers) The United States Supreme Court has decided to revisit Quill Corp.

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

Credit Unions Step Up During Government Shutdown

PYMNTS

In North Dakota , NorthStar Credit Union is deferring loan payments for effected federal workers, while a Brevard County Florida credit union is offering a specialized stop-gap loan for federal workers to make sure they can keep paying their bills on time.

Walmart Pay Launches In 16 States, DC

PYMNTS

As of today, Walmart Pay is available in: Virginia, North Carolina, South Carolina, Nebraska, North Dakota, South Dakota, Iowa, Tennessee, Kentucky, Michigan, Indiana, Alabama, Georgia, Louisiana, Missouri, Mississippi and Washington, D.C. “We The retail giant’s payment method is finally here.

DC 146

Banking's Total Return Top 5: 2014 Edition

Jeff For Banks

through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 14 locations. It also conducts mortgage banking from 12 offices in Illinois, Kansas, Nebraska, Missouri, Minnesota, Arizona, and North Dakota.

Insurance Firms Wade Into Alternative Finance

PYMNTS

Financial Stability Oversight Council and is North Dakota’s insurance commissioner, in an interview. Alternative lenders and marketplace finance companies emerged to fill in gaps left by traditional banks when it comes to financing and loans, but according to Bloomberg reports, another industry is getting in on the action: insurance.

The United States Of Startups: The Most Well-Funded Tech Startup In Every US State

CB Insights

Four states did not have any companies that met all our criteria for inclusion in the map: Alaska, Mississippi, South Dakota, and Wyoming. The least-funded VC-backed startup on the list is North Dakota’s CoSchedule with $2.7M. North Carolina. North Dakota. South Dakota. The tech boom has diffused beyond the traditional hotbeds of California, New York, and Massachusetts, across the entire United States.

Retail’s Voice-Assisted, Meatless Summer

PYMNTS

The service reached this milestone after recent rollouts in Alaska, Hawaii, Washington, Oregon, Idaho, North Dakota, South Dakota, Montana and Wyoming. It was a summer of last-mile delivery and new subscription pushes.

Retail 231

Banking's Total Return Top 5: 2016 Edition

Jeff For Banks

through its subsidiary BNC National Bank, offers community banking and wealth management services in Arizona, Minnesota, and North Dakota from 16 locations. It also conducts mortgage banking from 12 offices in Illinois, Kansas, Nebraska, Missouri, Minnesota, Arizona, and North Dakota.

Wyoming Lures Crypto Companies With Friendly Laws

PYMNTS

My legislation does tend to not align with federal bureaucracies very well, and it wouldn’t be the first time I got a letter from an agency at the federal level,” Lindholm said, noting that other states, including New Hampshire and North Dakota, have reached out to learn about passing similar laws. “If Wyoming is trying to position itself as a leader in cryptocurrency and one of the friendliest states when it comes to legislation around crypto companies.

CFPB Sues Payment Processor

PYMNTS

Intercept is a payment processor based in North Dakota that is responsible for transmitting electronic funds transfers through the ACH on behalf of its clients, typically for transactions, like payroll deposits, and loan and bill payments. After mounting complaints from both banks and consumers about unauthorized withdrawals and other illicit activities, the accused payment processor is being taken to court.

Deep Dive: The Unfolding Legacy Of South Dakota v. Wayfair

PYMNTS

Such a levy was not legal until last year’s South Dakota v. Inside South Dakota v. North Dakota case that businesses must have physical, in-state presences to be subject to state sales tax requirements.

The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

North Bridge Venture Partners. North Carolina. North Dakota. South Dakota.