Ohio's credit unions swing at BNPL
Payments Dive
MARCH 24, 2022
Buy now-pay later comments are due to the Consumer Financial Protection Bureau this week. And battle lines are being drawn over how to regulate a burgeoning industry
Payments Dive
MARCH 24, 2022
Buy now-pay later comments are due to the Consumer Financial Protection Bureau this week. And battle lines are being drawn over how to regulate a burgeoning industry
PYMNTS
APRIL 28, 2019
Blockchain got a boost last week after the Ohio House Of Representatives introduced a bill that would let state government agencies use blockchain technology. According to Cleavland.com , the bill sponsored by Ohio Representative Rick Caragna is part of the state’s efforts to build a legal framework for the technology that underpins cryptocurrencies such as bitcoin. Ohio has been pushing to incorporate blockchain into government for some time.
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PYMNTS
JULY 30, 2020
The Ohio State University Department of Athletics is allowing football season ticket holders to receive a reimbursement for impacted game tickets or get a credit to use for a ticket purchase going forward through an “opt-out” option, according to a statement.
PYMNTS
NOVEMBER 26, 2018
Ohio is leading the charge in terms of accepting bitcoin as a payment method, as it is the first state to accept bitcoin to cover tax bills. Mandel, who is 41 years old, sees the new program as a way to increase convenience for tax filers and as an opportunity for “planting a flag” for Ohio as digital tokens get more broadly adopted. “I I do see [bitcoin] as a legitimate form of currency,” Mandel said, noting that he hopes other states will follow Ohio’s lead.
PYMNTS
JANUARY 3, 2019
3) that it will pay a portion of its state business taxes in Ohio in bitcoin, becoming the first major U.S. In a press release , Overstock said it plans to pay its commercial activity taxes (CAT) in Ohio this coming February using the state’s recently launched OhioCrypto.com platform, which lets taxpayers pay state business taxes with bitcoin. Ohio is the first U.S. Cryptocurrency bitcoin cryptocurrency News ohio taxes What's Hot
PYMNTS
OCTOBER 4, 2019
The state of Ohio has decided to end its support for bitcoin tax payments, state Treasurer Robert Sprague announced this week. It is vital that Ohio explores innovative, new technologies and processes that continue to drive Ohio into the future,” he said. However, we must make sure any new processes that are implemented, such as OhioCrypto.com, are established in accordance with Ohio law.”.
PYMNTS
MAY 1, 2018
It looks like Macy’s will be doing some new building in in central Ohio, thanks to an awareness of some state tax incentives. The Macy’s project was one of six awarded tax incentives that are collectively expected to bring or create 1,280 jobs in Ohio while retaining about 3,019. Macy’s has a strong business in Ohio, and we are excited to continue building our presence in the state,” said Jeff Gennette, Macy’s chairman and CEO, in a statement.
Banking Exchange
MAY 30, 2022
The merger will create a banking group with $1.8 billion in assets Management Feature M&A Feature3. 1Management
PYMNTS
JUNE 15, 2020
CLEANLIFE and D & S are both in Cleveland, Ohio. To make personal protective equipment (PPE) available via vending machines, PPE and medical safety product distributor CLEANLIFE and vending industry supplier D&S Vending are joining forces.
PYMNTS
AUGUST 24, 2018
But playing and delivery methods keep changing, with Ohio of all places — no offense to the Buckeye State, home to multiple presidents and the Wright Brothers’ aerodynamic innovations — accounting for some of the latest developments. Nor do these mobile-enabled lottery cards represent Ohio’s first attempt to keep its edge when it comes to state lotteries. ” Worries about addiction also have come up with the launch of the mobile-enabled lottery cards in Ohio.
PYMNTS
MAY 30, 2018
Consumer advocates in Ohio were granted permission to start collecting signatures to get a constitutional amendment regarding payday loan reform on the ballot. ” While Ohio voters overwhelmingly upheld a 2008 law aimed to regulate the industry and limit interest rates to 28 percent, lenders have been able to get around the regulation by registering under other state lending laws. ” Loans constitutional amendment News ohio PayDay Loan reform What's Hot
PYMNTS
JULY 10, 2018
Loans consumer protection News Ohio Consumer Lenders Association payday lending bill Pew Charitable Trusts Scott Oelslager Senate Finance Committee Ted Saunders What's HotSenate Republicans expressed frustration because store owners still aren’t satisfied with the new payday lending bill, which is friendlier to lenders. You and your people have been involved in this bill for over a year since it was introduced,” Sen.
American Banker
JULY 6, 2021
Mortgages Ohio Community banks
American Banker
SEPTEMBER 1, 2020
Consolidations M&A Ohio Growth strategiesPathways Financial's acquisition of Standard Register FCU increases its foothold in the Dayton market.
American Banker
FEBRUARY 7, 2020
Community banking M&A Growth strategies OhioThe company will pay $15.5 million in cash for a bank with one branch and a large amount of low-cost deposits.
American Banker
OCTOBER 26, 2020
Members of First Choice Community Credit Union will have access to mobile banking and other products once the institution becomes part of Credit Union of Ohio. Consolidations M&A Ohio Mobile banking Consumer banking Credit cards
Payments Source
AUGUST 16, 2019
Mobile payments Online payments Digital payments OhioSiemens Mobility has announced it’s working with Bytemark, a company Siemens partially owns, to develop a payment solution enabling riders to pay once for a trip across the city using multiple public and private modes of transit, from buses to scooters.
Payments Source
SEPTEMBER 11, 2018
ISO and agent Blockchain Fintech regulations Digital payments OhioThe law could further boost the state’s already vibrant financial services sector as well as spur additional innovation across the state’s economy, writes Valentina Isakina, financial services marketing director for JobsOhio.
American Banker
OCTOBER 2, 2020
Credit unions Community charters Ohio Growth strategies Consumer banking Field of membershipThe expansion will give the $416 million-asset institution a deeper reach into southern parts of the state.
American Banker
AUGUST 4, 2020
First Bank of Central Ohio would be based near Columbus, where another group opened a bank last year. FDIC Capital De novo institutions Commercial banking Community banks
American Banker
MAY 20, 2020
The Ohio company said the decision reflects branch overlap and lower customer usage of the locations being shuttered. North Carolina Expense management Branch network Community banking Ohio
BankDeals
NOVEMBER 10, 2021
First Bank of Central Ohio (Columbus metro area) continues to offer a competitive 12-month Grand Open CD Special. Minimum opening deposit is $500, with no balance cap
PYMNTS
MARCH 22, 2017
According to reports, Vance is heading home to Ohio on the hunt for venture deals for Steve Case’s investment vehicle Revolution LLC. Ohio, by comparison, attracted $303 million, and Kentucky $22 million. “A Financial Inclusion funding hillbilly elegy JD Vance mithril News ohio Peter Thiel VC Venture Capital What's HotBefore writing the year’s surprise nonfiction hit Hillbilly Elegy , J.D.
BankDeals
JULY 29, 2021
Ohio-based Heartland Federal Credit Union and MidUSA Credit Union recently merged and have rebranded as MyUSA Credit Union (MyUSA
American Banker
APRIL 15, 2021
Career moves Credit unions Ohio Succession planning
American Banker
MARCH 13, 2020
FDIC Capital Community banking Ohio De novo institutionsOrganizers of Riverside Bank of Dublin will need to raise $18 million before opening.
BankDeals
SEPTEMBER 10, 2021
Ohio State Bank (Columbus area) has added a new limited-time 18-month CD Special to its product line. Minimum deposit is $500. Also available as an IRA CD Special
American Banker
MAY 24, 2022
Corporate governance Community banking Politics and policy
PYMNTS
FEBRUARY 3, 2017
A virus that infected the computer system of the Licking County government offices in Ohio has shut down the entire network, including that of the local police force, and a financial demand was made to restore everything back to normal, according to TechCrunch. The virus hit several local governments in Ohio and was the subject of a warning from the state auditor last summer.
Payments Source
DECEMBER 14, 2018
Many banks and government officials are dubious about crypto, but Ohio Treasurer Josh Mandel lets businesses pay their taxes with it and has put all the state government’s expenses on a public ledger. Digital currencies Digital payments Cryptocurrencies Blockchain Distributed ledger technology
Payments Source
JUNE 3, 2016
Verifone and its beacon technology provider Footmarks are partnering with Allrecipes.com and grocery retailer Marcs in Ohio to deliver meal recommendations to shoppers. rewards sailthru_iso technology mobile news retail-acquiring
American Banker
APRIL 13, 2022
Credit unions Politics and policy
CFPB Monitor
NOVEMBER 12, 2018
focusing on Ohio’s Fairness in Lending Act. At the event, Ohio legislators from both sides of the aisle, business leaders, advocates, and researchers will discuss the Act. Payments State CFS Monitor State regulation colorado ohio payday loanThis afternoon, Pew Charitable Trusts will host an event in Washington, D.C.
American Banker
JANUARY 11, 2021
Organizers of First Bank of Central Ohio will need to raise $20 million before it opens. Capital De novo institutions
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