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State House passes payday-lending bill despite objections

Associated Press — Fri, 25 Jan 2013 13:24:27 +0000

JACKSON — The Mississippi House has voted to let payday lending businesses keep operating in the state beyond 2015, despite objections by some lawmakers that the shops congregate in poor neighborhoods and take advantage of people who might not be financially savvy. Supporters say the businesses provide easy access to cash for people who might [...]

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All American closes on another acquisition

MBJ Staff — Tue, 18 Dec 2012 17:58:40 +0000

MADISON — All American Check Cashing has completed the acquisition of Payday Solutions, LLC, of Denham Springs, La. Terms were not disclosed. This marks the fifth merger and acquisition for All American this year and increases the total number of retail stores in Mississippi and Louisiana from 32 at the beginning of 2012 to 41. [...]

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Software company adding at least 100 jobs for Brazilian contract

Associated Press — Wed, 31 Oct 2012 12:09:05 +0000

OXFORD — A Mississippi software firm will add at least 100 jobs thanks to a Brazilian contract. FNC, which makes software to streamline mortgage lending, said it would do work for Cetip, a Brazilian firm that holds financial securities for others. FNC’s software will help Brazilian banks manage documents, cut costs and help original lenders [...]

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All-American makes another Louisiana purchase

MBJ Staff — Wed, 03 Oct 2012 12:18:24 +0000

MADISON — All American Check Cashing has completed the acquisition of Cash 4 Checks of Covington, La. Terms were not disclosed. This marks the third merger and acquisition for All American this year. The acquisition of Cash 4 Checks will be in name only — according to All-American there will be no change in the [...]

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