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US Local Governments And The Slow Death Of The Check

PYMNTS

State agencies handle disbursements for property refunds, public programs, taxes and more, and many are still clinging to paper checks as part of their processes, even as they adopt ACH or direct debit payments. The same is true for business entities on other tax programs. Texas and Oregon do not share such plans.

Oregon 131
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Bitcoin Daily: Brazil Debuts Blockchain Solution For Gov’t Bids; BitFunder CEO Gets 14 Months For Crypto Fraud

PYMNTS

Design and Cayenne Technology reportedly created the Online Bid Solution (SOL), which is said to be a technology based on the blockchain. And the operator of BitFunder, a defunct trading platform that was denominated in bitcoin, and WeExchange was sentenced for obstruction of justice as well as securities fraud, CoinDesk reported.

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The top-performing community banks of 2021

Independent Banker

Whether it’s products and services, technology strategies or employee benefits, independent community banks decide on their own terms what’s best for their business and their customers. 3-yr average pre-tax ROA. Cumberland Security Bank, Inc. First Security Bank of Deer Lodge. pre-tax ROA: 3.08%. Philadelphia.

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Why State And Local Governments Struggle To Shred The Paper Check

PYMNTS

Fifty-one percent of United States consumers stated in the most recent PYMNTS Disbursements Satisfaction Report that they would prefer to receive tax refunds, child support payments and other government payments through instant payout methods. Instant payments are lauded for their convenience, ease and most importantly, for their speed.

Idaho 130
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The ICBA 22/23 executive committee is all in

Independent Banker

When the 2022/23 ICBA board of directors was introduced at ICBA LIVE in San Antonio, Texas, there was a palpable sense of excitement in the air. Treasurer Sarah Getzlaff, CEO, Security First Bank of North Dakota, New Salem, N.D. For instance, ICBA is calling for congressional hearings on the credit union tax exemption.

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Small banks: Big challenges and big opportunities

Abrigo

Takeaway 3 With effective technology, the bank can continue to grow its portfolio without necessarily adding staff. At the same time, asset-based liquidity options at some community banks have been constrained by large unrealized losses in available-for-sale securities. I don’t want my veteran bankers writing a credit memo,” he said.

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Digital License Plates Vie For Place In Connected Car Ecosystem

PYMNTS

The plates also offer geo-fencing technology that, at least for now, is meant to track “government or business vehicles,” though it could soon help with automated parking and serve as a conduit for marketing tasks. Besides California, states such as Arizona, Texas and Florida are moving toward use of digital license plates.

Michigan 139