Payments Firm i2c Opens Op Center In Omaha

PYMNTS

Smart payments and integrated commerce firm i2c said Tuesday that it is opening an operations center in Omaha, Nebraska. The Omaha location will be used, the company said in a release Tuesday , to expand the account management, operations and client services divisions, and will also be the setting of a network operations center. In the Omaha center, i2c is building out its employee base by 300 positions through the first year, with more staffing additions to follow.

Omaha 159

Mutual Of Omaha Bank Corporate Learning Ctr Debuts From NACHA

PYMNTS

NACHA said Wednesday that it is launching what is being billed as the Mutual of Omaha Bank Corporate Learning Center. Faster Payments faster payments Innovation learning center Mutual of Omaha Bank Mutual of Omaha Bank Corporate Learning Center NACHA News PAYMENTS 2017

Omaha 100

First National Bank Of Omaha Shutters NRA Visa Card

PYMNTS

First National Bank of Omaha announced that it is not renewing a contract with the National Rifle Association (NRA) to offer customers an NRA-branded Visa card. First National Bank of Omaha offered two NRA cards with a $40 bonus and promoted it as “enough to reimburse your one-year NRA membership!” The move comes after the shooting at a high school in Parkland, Florida that left 17 people dead.

Omaha 158

First National of Omaha to drop NRA card partnership

BankThink

Facing pressure to act on gun control laws, the Omaha bank said it would not "renew its contract with the National Rifle Association to issue the NRA Visa card.". Credit cards Consumer banking Community banking First National Bank of Omaha Visa Nebraska

Omaha 40

First National of Omaha to drop NRA card partnership

Payments Source

Credit cards Consumer banking Community banking First National Bank of Omaha Visa NebraskaFacing pressure to act on gun control laws, the bank said it would not "renew its contract with the National Rifle Association to issue the NRA Visa card.".

Omaha 40

Mutual of Omaha to buy national mortgage lender

BankThink

Mutual of Omaha Bank's purchase of Synergy One Lending will add reverse mortgages to its product line. Community banking M&A Mortgages Reverse mortgages

Omaha 40

Mutual of Omaha, PlainsCapital Partner on Mortgage Venture

American Banker

Mutual of Omaha Bank and an affiliate of PlainsCapital Bank in Dallas have partnered to sell residential mortgages. breaking_news consumer-finance mortgage ne tx community-banking

Great Southern to sell branch network in Omaha, Neb.

BankThink

The company will also sell $58 million in deposits to West Gate Bank. Community banking Branch banking Branch deals Nebraska

Omaha 40

CFPB Fines First National Bank of Omaha for Add-On Products

American Banker

Two federal regulators have ordered First National Bank of Omaha to pay a total of $35 million over charges that the bank engaged in deceptive marketing of credit card add-on products that some consumers allegedly never received. breaking_news cfpb compliance doddfrank enforcement law-regulation

Omaha 48

Matz elected to Mutual of Omaha Bank Board

CU Insight

Former NCUA Chairman Debbie Matz has been elected to the Mutual of Omaha Bank Board of Directors, according to board Chairman/COO Jeff Schmid. The post Matz elected to Mutual of Omaha Bank Board appeared first on CUInsight.

Omaha 18

Save the date: Join us for the Summer Consumer Advisory Board meeting in Omaha, Neb.

CFPB

CenturyLink Center Omaha. Omaha, Neb. Join us for a Consumer Advisory Board meeting with Director Cordray on Thursday, June 18 from 10 a.m. to 4 p.m. During this meeting we will discuss trends and themes in consumer financial markets and recent proposals related to payday loans, auto-title loans, and other longer term credit products. 455 N. 10th Street. 68102. This event requires an RSVP. All of our Advisory Board and Council meetings are open to the public.

Omaha 55

Omaha designers find a business partner

CU Insight

When fashion designers getting into the business in Omaha, Neb., have questions about finances, they are increasingly turning to SAC Federal Credit Union , a leading sponsor of Omaha Fashion Week.

Omaha 20

Can A Fiduciary Determine If A Fund Is TOO Cheap?

Perficient Financial Servies

I’m also sure they are closely watching the Mutual of Omaha suit regarding additional fees on affiliated funds. Regulatory Compliance compliance ERISA Fidelity fiduciary Funds investing Morgan Stanley Mutual of Omaha Regulatory Retirement Services TD Ameritrade VanguardWhat happens when the unstoppable force of retirement services recordkeeping faces the immovable object of low-fee funds? We’ll probably have to wait for the courts to decide.

Omaha 40

Prime Now Grocery Delivery Expands Across The US

PYMNTS

And for our customers in Dayton, Louisville and Omaha, we’re thrilled to also offer the option of grocery pickup.”. In September , Amazon and Whole Foods Market brought the service to Ann Arbor, Detroit, Jacksonville, Milwaukee, Madison, Omaha, St.

Former NCUA Chairman Matz Joins Bank Board

American Banker

Debbie Matz, a former chairman of the National Credit Union Administration, has joined the board of Mutual of Omaha Bank in Nebraska. law-regulation breaking_news community-banking

Omaha 61

Buffett Hungry For Banking Stake In India?

PYMNTS

Is India proving a lure, once again, for the “Oracle of Omaha?” ” Reuters reported that the famed value investor ’s favored investment vehicle, Berkshire Hathaway , is eyeing taking a 10 percent stake in India’s Kotak Mahindra Bank.

Omaha 230

Berkshire Spends $4B For Stake In JPMorgan Chase

PYMNTS

Berkshire Hathaway , the Omaha, Nebraska conglomerate owned by Warren Buffett, spent $4 billion in the third quarter for a stake in JPMorgan Chase, giving it big stakes in three of the four largest U.S.

Omaha 203

CFPB Fines FNBO $32M Over ‘Illegal’ Credit Card Practices

PYMNTS

The CFPB will collect more than $32 million in fines from First National Bank of Omaha over credit card practices the regulator found to be deceptive. In the case most recently settled, the CFPB contends that First National Bank of Omaha deceived consumers about options like debt cancellation and a credit-monitoring program, on two counts. The bank has $18 billion in assets, is based in Omaha, NE, and is a unit of First National of Nebraska Inc.

Omaha 126

Costs of bitcoin; Bank ends NRA connection

BankThink

Bank of America warns of “substantial” costs from cybercurrencies; First National Bank of Omaha knuckles under to a “barrage” of complaints. Morning scan Cryptocurrencies Gender issues SIFIs Living wills

Omaha 40

TD Ameritrade Enables Voice Trading Via Alexa

PYMNTS

TD Ameritrade, the Omaha, Nebraska online brokerage, announced Wednesday (Oct. 24) that it has enhanced its Alexa skill, enabling customers to place trades via voice commands.

Omaha 170

TD Ameritrade Integrates With Tencent’s WeChat

PYMNTS

TD Ameritrade, the Omaha, Nebraska online brokerage, announced Monday (December 3) that it is the first U.S.-based based brokerage to integrate with Tencent’s WeChat messaging system, which is wildly popular in China. In a press release issued Monday (December 3), TD Ameritrade said that users can do research, access the markets and get support through WeChat, which recently reached 1 billion in monthly active users. “We

Omaha 125

Client Note: Warren Buffet And Cyber Insurance, Bad Earnings And The Weather, Meal Kits Via Retail, Pharmacogenomics, And More

CB Insights

Today, we discuss a not smart meal kit strategy, the Oracle of Omaha, Milli Vanilli, and more, including: Is an insurance company getting into drugs? Are public company execs blaming bad results on the weather more? Warren Buffett ain’t digging cyber insurance. Meal kit partnerships with grocers make little sense. Lending Club’s product innovation focus. Nvidia isn’t into crypto mining. Is pharmacogenomics making a comeback, and will Clover Health make its own drugs?

Omaha 45

PayPal, Kiva Team To Launch New Tools For Small Business Month

PYMNTS

The events will take place in Atlanta, Chicago, Houston, Minneapolis, Omaha, Oakland, Portland (Ore.), PayPal has announced the launch of its inaugural PayPal Small Business Month, aimed at bringing a new level of engagement to small and underserved businesses and their communities.

Tools 136

Ben Pankonin named “Executive of the Year” by SPN

Social Assurance

Pankonin received the award during a ceremony held May 2, 2017, at the Omaha Design Center in Omaha, Neb. “We LINCOLN, Neb. (May May 2017) – Ben Pankonin, CEO and co-founder of Lincoln-based Social Assurance, was recently named Silicon Prairie News 2017 Executive of the Year.

Omaha 52

A Shift in the Vendor Landscape

Gonzobanker

For PSCU credit unions that are processing debit cards on FDR Wilmington and credit cards on FDR Omaha, the option now exists for debit and credit to be on one platform – FDR Omaha. Although PSCU has had FDR Omaha debit available for some time, very few customers are using the platform.

Omaha 79

i2c Brings Former Macaluso Group EVP Dargan On Board For VP Role

PYMNTS

In other recent hiring and expansion details, the company said earlier this year that it had opened an operations center in Omaha, Nebraska. In an announcement on Tuesday (Aug. 7), integrated commerce and smart payments firm i2c said it had appointed Ted Dargan to the role of vice president and head of global strategic partnerships. He will be responsible for generating new business opportunities through strategic partner channels.

Omaha 100

Amazon Healthcare Venture Still Seeking CEO

PYMNTS

Potential candidates have been interviewing by phone, as well as in Berkshire’s hometown of Omaha, Nebraska, and in New York, where JPMorgan is based, according to sources. The healthcare venture formed by Amazon , Berkshire Hathaway and JPMorgan Chase is having a hard time finding a CEO.

Omaha 144

BoA Turns Up Heat On Gun Makers

PYMNTS

As a result, United and Delta airlines, Metlife and six car rental brands have pulled discount deals they used to offer to NRA members, while the First National Bank of Omaha announced it will stop issuing an NRA-branded Visa card. Bank of America is taking a closer to look at its clients that make guns after the shooting at a high school in Parkland, Florida that killed 17 people. “We

Omaha 116

Cobalt FCU to Switch to State Charter and Add Additional Counties

Keith Leggett's Credit Union Watch

The Omaha World-Herald is reporting that Cobalt Federal Credit Union, headquartered in Papillion, NE, plans to switch from a federal to a state charter. The former SAC Federal Credit Union will become an Iowa chartered credit union. As an Iowa state charter, the credit union will add Lancaster and Dodge Counties in Nebraska to its field of membership (FOM). The State of Iowa and the National Credit Union Administration have approved the proposed charter change.

Iowa 40

Warren Buffett, American Express Reaping Platinum Card Rewards

PYMNTS

At the end of the day, we feel good about our performance because we have a very diversified business platform,” Chenault told FOX Business ’ Liz Claman at the annual Berkshire Hathaway shareholder meeting in Omaha, Nebraska, which was also attended by Warren Buffett, American Express’s largest shareholder.

Omaha 100

Cabela’s Up On The Block And The Bids Are Coming In

PYMNTS

The Omaha World Herald is also reporting that since Nordstrom sold its credit card business to TD Bank last year, Cabela’s has been operating as the only U.S. When rumors of sales and acquisitions start popping up, it’s usually in a given retailer’s best interest to play their cards close to the chest and avoid spooking investors and markets alike.

Omaha 152

Warren Buffett: Economy May Be Softer Than People Think

PYMNTS

No less than the Sage of Omaha thinks it might be. Is the U.S. economy weaker than some of the data might show? In an interview with CNNMoney on Friday (Nov. 11), the world’s second richest man (and he didn’t get there by lack of insight) said that the latest GDP numbers, which show the economy growing at 2.9 percent on an annualized basis, demonstrate that in fact, the economy is “softer than I think people think it is …. I don’t mean it’s weak, but it’s softer than people think.”.

Omaha 130

Credit Card Charge-Offs Reach Highest Rate Since 2009

PYMNTS

Omaha-based First National Bank rounded out the top three at 4.21 Moody’s Investors Service reported Thursday (June 8) that credit card charge-offs — debts that are so delinquent that lending institutions have basically given up on collecting them — are at their highest rate since 2009 , possibly due to loosening lending standards. Synchrony Financial saw the highest charge-off rate at 5.4 percent, up from 4.84 percent the previous year. Capital One wasn’t far behind at 5.31

Cards 148

OpenGov’s Growth Partly Thanks To President Trump

PYMNTS

Other local governments using OpenGov include Omaha, Neb.; OpenGov, the Redwood City, Calif. company that makes software used by local governments to keep financial records that are transparent, has been gaining traction and credits some of that to the election of President Donald Trump.

Omaha 109

Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

PYMNTS

In September , Amazon and Whole Foods Market brought the service to Ann Arbor, Detroit, Jacksonville, Milwaukee, Madison, Omaha, St. Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback.

Retail 172

CFPB Consumer Advisory Board to meet on June 18

CFPB Monitor

The CFPB has announced that a summer meeting of its Consumer Advisory Board is scheduled for June 18, 2015 in Omaha, Nebraska. Barbara S. Mishkin. Director Cordray is slated to attend the meeting.

Omaha 52

Unleashing Innovation with Application Modernization at #G2I2018

Perficient Financial Servies

Join us for an interactive session “Unleash Innovation with Application Modernization ” led by experts from the National Geospatial-Intelligence Agency (NGA), TD Ameritrade and First National Bank of Omaha (FNBO).

What banks can learn from Wal-Mart

Chris Skinner

were put in charge of Wal-Mart’s entire domestic e-commerce operation, overseeing more than 15,000 employees in Silicon Valley, Boston, Omaha, and its home office in Arkansas. I picked up Bloomberg Business Week at the airport this week, attracted by the cover.

Core Bank (NE/KS) Offers 23-Month CD Special, 3.00% APY

Deposit Accounts

Availability: Branches in Omaha and Kansas City area, but all Nebraska and Kansas residents who can come into a branch may apply. The opening deposit for either CD Special in Omaha is $10k, while the same CD Special in Kansas requires a minimum $25k deposit. Headquartered in Omaha, Nebraska, Core Bank’s original market area was the Omaha metropolitan area. In 2013, Omaha State Bank and Centennial Bank merged, rebranding as Core Bank. | About Us. Forum. Banks.

Omaha 13

Buffett On Driverless Tech, Amazon and Wells Fargo

PYMNTS

Over 30,000 Berkshire Hathaway shareholders met in Omaha, Nebraska, this past weekend to gain insight on a number of topics from chairman and CEO Warren Buffett. The event kicked off to a disappointing start as the multinational conglomerate reported a miss for the first quarter of 2017. Profits fell 27 percent to $4.06 billion, or $2,469 per share, down from Reuters’ forecast of $4.37

Omaha 109

The Roil Over B2B Payments Rails

PYMNTS

Omaha, Nebraska — Buffet’s birthplace — was the home of the First Transcontinental Railroad , which made railroads an important part of the Omaha economy. B2B payments innovators and Warren Buffet have something in common: They are both obsessed with rails.

Prairie Cloudware Previews its Payments Gateway that Helps Banks Deliver Digital Services

NetBanker

HQ: Omaha, Nebraska. This post is part of our live coverage of FinovateSpring 2015. Making its way to the stage is the team from Prairie Cloudware , with its Digital Payments Guardian.

Omaha 81

This Week’s Reads: Cloud, Millennials, iPhone

Banking 2020

Hackathon Helps Omaha Bank Land Tech Talent – American Banker. Below are interesting stories the Banking.com staff has been reading over the past week. Why giving mobile apps banking info isn’t as risky as it seems – CSO. Why Two Banks Are Turning To The Cloud – Forbes. How Millennials Spend – The Atlantic. Looking Out for Customers’ Financial Well-Being Is Table Stakes for Banks – Gallup Blog.

Omaha 44