PSCU Tapped by Vermont’s NEFCU as Processing Partner

PYMNTS

New England Federal Credit Union (NEFCU), Vermont’s largest financial institution, has chosen credit union service organization PSCU for credit and debit card processing support and services, according to a press release emailed to PYMNTS on Tuesday (Nov.

PSCU’s Lumin Teams With Vermont Credit Union To Provide Digital Banking

PYMNTS

PSCU’s Lumin Digital has signed the Vermont State Employees Credit Union (VSECU) to a multi-year digital banking and cloud computing agreement, Lumin announced on Wednesday (Feb.

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Vermont Federal Credit Union expands to cover full state

American Banker

Credit unions

Vermont: Daring To Be Different, To The Surprise Of No One

PYMNTS

As anyone who has ever ventured to Vermont can affirm, it’s a very particular place for some very particular people. Despite being nearly geographically identical to its neighbor to the east , New Hampshire, Vermont is very much its own place. Store front businesses in Vermont ha ve done a bit better than in regional counterparts in three out of the four categories tracked, but then again, the region itself was fairly lagging behind the overall nation.

Vermont exempts bank partners from loan solicitation license for commercial loans

CFPB Monitor

We have been following closely efforts by state regulators, state legislatures and the courts to restrict, or in some cases prohibit, bank model lending programs, so the recent guidance from the Vermont Department of Financial Regulation (“Department”) is welcome news. State CFS Monitor State Licensing loan solicitation vermont

NEFCU adds 14 counties to field of membership

American Banker

The Vermont-based credit union received the OK from federal regulators to add 650,000 potential members to its FOM, an increase of 15%. Growth strategies Consumer banking New Hampshire Field of membership Vermont

Berkshire Hills Buys Wealth-Management Business in Vermont

American Banker

The $9 billion-asset company said in a press release Monday that it bought the business assets of Ronald N. Lazzaro in Rutland, Vt., a financial planning an investment services firm. breaking_news community-banking wealth-management vt dealmaking-strategy

Berkshires Hills Buys Wealth-Management Business in Vermont

American Banker

The $9 billion-asset company said in a press release Monday that it bought the business assets of Ronald N. Lazzaro in Rutland, Vt., a financial planning an investment services firm. breaking_news community-banking wealth-management vt dealmaking-strategy

Vermont federal district court rules CFPA does not provide private right of action for alleged usurious loans; denies motion to dismiss EFTA claim

CFPB Monitor

A Vermont federal district court recently issued a decision ruling on the defendants’ motion to dismiss a class action involving allegations that an online tribal lending venture violated federal and state law because of alleged usurious interest rates and other allegedly unlawful features. Jeremy T. Rosenblum.

Millbury National Bank Offers Kasasa Cash and Saver in the Northeast

BankDeals

Millbury National Bank's Kasasa Cash and Kasasa Saver are available in Connecticut, Maine, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont

Peoples in Ohio to expand eastward with Premier acquisition

American Banker

It also announced it's buying a leasing company in Vermont. ]]. Peoples Bancorp will pay $292 million for the West Virginia company. Community banking M&A Growth strategies Equipment ABS

BlockFi in SEC Crosshairs for High-Yield Crypto Accounts

PYMNTS

Kentucky did something similar, while Texas, Alabama and Vermont each told BlockFi the company must prove its product should be offered in those states. The U.S. Securities and Exchange Commission (SEC) are looking into BlockFi Inc.

Bernie Sanders taunts Jamie Dimon again after CEO jabs socialism

American Banker

The Vermont senator lashed out at the JPMorgan Chase chief on Twitter after Dimon criticized socialism in an op-ed published earlier this week in Time magazine.

01.09.18 Your morning briefing

Payments Source

Today: Toyota demos driverless delivery; Venezuela plans oil cryptocurrency; Bango teams with Netflix in Mexico; Vermont may tax cryptocurrency. The information you need to start your day, from PaymentsSource and around the Web. Briefing

New Jersey Shore To Open Memorial Day Weekend

PYMNTS

Last week, a Vermont judge granted the state a temporary restraining order against Club Fitness of Vermont owner Sean Manovill who opened his gym despite Gov. Residents itching to visit the New Jersey shore over the Memorial Day weekend can break out bathing suits and head to the beach.

11.1.17 Your morning briefing

Payments Source

Today: New York and Vermont penalize Hilton over breaches; Microsoft pushes fintech in Japan; Dilbert's Scott Adams plans an IPO; Singapore approves a virtual currency card; GameStop ties rewards to subscription payments. The information you need to start your day, from PaymentsSource and around the Web.

What The LTA-350 Cash Recycler Delivers. from The People Who Know

ATM Marketplace

A case study featuring National Iron Bank, The Bank of Greenwich and Vermont State Employees Credit Union that talks to why competitive users have made the switch and why new users have been compelled to try the groundbreaking technology of the LTA-350 from BranchServ

Google Slapped With Antitrust Lawsuit Filed By Coalition Of 38 States

PYMNTS

A coalition of 38 state attorneys general filed an antitrust lawsuit against Google , accusing the search giant of engaging in anti-competitive practices, the Associated Press (AP) reported on Thursday (Dec. The federal lawsuit was filed in Washington, D.C.

FTNI Helps VIP Beverage Distributors Add Mobile Payments 

PYMNTS

30) announced that beverage-focused tech platform Vermont Information Processing (VIP) will use its ETran Mobile payment services to power VIPPAY, its mobile payment offering for brewers, distributors, wineries and soft drink bottlers. . FinTech Financial Transmission Network, Inc.

Berkshire Hills in Mass. to Buy Wealth Management Firm

American Banker

has agreed to buy the assets and certain liabilities a wealth management firm in Vermont. Berkshire Hills Bancorp in Pittsfield, Mass., breaking_news community-banking m-a ma vt dealmaking-strategy

US Hits Biden’s 70 Pct COVID Vax Goal

PYMNTS

Vermont, Hawaii, Massachusetts and Connecticut lead the way where more than 80 percent of adults have gotten at least one vaccine shot. It’s a month later than President Joe Biden had hoped, but 70 percent of U.S.

Payments Orchestration Helps Online Merchants Find, Plug Fraud Vulnerabilities

PYMNTS

It’s not too far-fetched to see a session coming from Vermont, but the browser is in Russian, which is why the platform approach and seeing — in McHale’s estimation that “the pieces of a transaction fit,” — can take the mystery out of a transaction’s legitimacy.

Fraud 251

Does NCUA’s Restructuring Plan Make CentsSense?

New York's State of Mind

Region 1 overseas the following states: federally insured credit unions in Connecticut, Maine, Massachusetts, Michigan, New Hampshire, New York, Rhode Island, Vermont, and Wisconsin. NCUA announced Friday that it plans to shut down Region 1 as part of a restructuring of its operations. Region 3, based in Atlanta, is also marked for death.

Square Partners With POWDR To Offer Ski Resorts Contactless Transactions

PYMNTS

Over the last year, POWDR has been working to bring Square hardware, software and payments to its mountains, the release stated, including Boreal, Soda Springs and Woodward Tahoe in California; Copper Mountain and Eldora in Colorado; Killington, Vermont; Lee Canyon, Nevada; Mt.

Jobless Claims Below 600,000 For Third Consecutive Week

PYMNTS

States with the highest insured unemployment rates in the week ending April 10 were Nevada (5.9), Connecticut (5.3), Alaska (4.9), New York (4.6), Illinois (4.3), Vermont (4.1), Rhode Island (4.0), Pennsylvania (3.9), District of Columbia (3.7), and New Mexico (3.7). .

Instacart Adds EBT SNAP Payment Option To Three More Merchants

PYMNTS

Price Chopper/Market 32 now accepts EBT SNAP online in New York, and has expansion plans in the coming weeks to Connecticut, Massachusetts, New Hampshire, Pennsylvania and Vermont. .

American Airlines Offers Preflight COVID Tests For US Destinations

PYMNTS

States and territories that currently have COVID-19 travel restrictions include Alaska, Connecticut, District of Columbia, Chicago, Hawaii, Maine, Maryland, Massachusetts, New Hampshire, New York, Pennsylvania, Puerto Rico, Rhode Island and Vermont. American Airlines on Tuesday (Dec.

Uber Eats Updates Its App To Pay Tab While Dining In

PYMNTS

The dine-in payment feature will launch in Atlanta, Boston, Chicago, Indianapolis, Philadelphia, New York City, Vermont, and Washington, D.C. Uber Eats has introduced a contactless ordering feature that will work when diners are eating in a restaurant as the fight against COVID-19 continues.

Last Labor Report Before Election Shows Drop In US Jobless Claims

PYMNTS

Seasonally adjusted initial unemployment claims dipped to 751,000 the week ending Oct. 24, some 40,000 lower than the previous week's revised levels, according to the Thursday (Oct. 29) report from the U.S. Department of Labor (DOL). The previous week's revised level was upped 4,000 from 787,000 to 791,000. The seasonally adjusted insured unemployment rate dropped 0.5 percent from the previous week's revised rate to 5.3 percent for the week ending Oct. The previous week's rate was revised from 5.8

Tech Firms Want Moderation, Not Bans, On Facial Recognition

PYMNTS

Vermont Sen. Tech companies want to get ahead of the law when it comes to facial recognition , seeking to restrict its use but also making sure the most severe regulations don’t come to pass, according to The Wall Street Journal.

The Supreme Court’s Most Important Banking Decision

New York's State of Mind

The most important banking decision the Supreme Court made in this year’s term, which ended yesterday, may well be its decision not to take up a case decided by the Court of Appeals for the Second Circuit which oversees New York, Connecticut and Vermont.

Democrats Want Probe Of Possible Uber-Grubhub Merger

PYMNTS

Fellow Democratic Senators Patrick Leahy of Vermont, Richard Blumenthal of Connecticut and Cory Booker of New Jersey also signed onto Klobuchar’s letter. Amy Klobuchar (D-Min.)

Former FTC Commissioner To Head Up Microsoft Privacy Position

PYMNTS

In addition to Brill’s former government experience, Brill served in North Carolina and Vermont’s Department of Justice in their Consumer Protection and Antitrust divisions. To help button up its privacy offerings, Microsoft has made the decision to hire Julie Brill. As a former Obama nominee, Brill previously served as a commissioner for the FTC since 2010.

UPS Seeks Faster, Greener Package Delivery, Orders ‘Electric Vertical Takeoff’ Aircraft

PYMNTS

That’s the thinking behind a new order partnership between UPS and Vermont-based Beta Technologies, that will bring at least 10 — and possibly up to 150 — state-of-the-art electric-powered vertical takeoff aircraft into the package delivery firm’s fleet starting in 2024.

Grocery Roundup: Food Supply Under Federal Review

PYMNTS

Walmart Pilots Bagless Initiative in Vermont. 22), the superstore is piloting a “bagless” program in Vermont. The events of the past year have showcased many businesses’ resilience, but not all were able to make it through unscathed.