{ "jurisdiction_id": "US-MS", "jurisdiction": "United States – Mississippi", "url": "https://payments.gi/jurisdictions/united-states-mississippi/", "generator": "render_jid v13.3.0", "date_modified": "2026-08-11", "schema_version": "world-payments-v1", "counts": { "modules": 14, "sourced_findings": 74, "source_register": 130 }, "modules": [ { "code": "W1a", "name": "Licensing, Authorisation & Market Access", "confidence": "Confirmed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-mississippi/#w1a-licensing-authorisation-market-access", "standing_position": "Mississippi regulates money transmission through the Department of Banking and Consumer Finance (DBCF) Nonbank Division under the new Money Transmission Modernization Act (MTMA, HB1428/SB2507), effective July 1, 2025, which repealed the legacy Mississippi Money Transmitters Act (Miss. Code Ann. §75-15-1 et seq.). No separate EMI/PI charter exists; non-bank transmitters use the MTL route via NMLS while depository institutions operate under DBCF/OCC/FDIC bank charters. 2026-session amendments extended MTL licensure to virtual-currency kiosk operators.", "findings": [ { "finding": null, "instrument_type": "Money Transmission Modernization Act (MTMA)", "source": "https://billstatus.ls.state.ms.us/documents/2025/html/HB/1400-1499/HB1428SG.htm", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Money Transmission Modernization Act (MTMA)", "source": "https://www.csbs.org/state-pending-enacted-mtma-legislation", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Money Transmission Modernization Act (MTMA)", "source": "https://billstatus.ls.state.ms.us/documents/2025/html/SB/2500-2599/SB2507PS.htm", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Money Transmission Modernization Act (MTMA)", "source": "https://billstatus.ls.state.ms.us/documents/2025/html/HB/1400-1499/HB1428SG.htm", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Money Transmission Modernization Act (MTMA)", "source": "https://billstatus.ls.state.ms.us/documents/2025/html/SB/2500-2599/SB2507IN.htm", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Legacy Mississippi Money Transmitters Act", "source": "https://dbcf.ms.gov/consumer-finance/", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Money Transmission Modernization Act (MTMA)", "source": "https://www.fintechlawblog.com/2025/05/05/united-states-the-continuing-shift-to-modern-money-transmission-laws/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "Mississippi Virtual Currency Kiosk Consumer Protection Act", "source": "https://legiscan.com/MS/bill/HB1625/2026", "source_url": null, "source_tier": "1", "retrieved_at": null } ] }, { "code": "W1b", "name": "Conduct, Safeguarding & Financial Promotions", "confidence": "Confirmed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-mississippi/#w1b-conduct-safeguarding-financial-promotions", "standing_position": "Safeguarding under Mississippi's money-transmission regime is bond- and permissible-investment-based rather than trust/segregation-based. The 2026 legislative session added the first dedicated conduct/cybersecurity duties for licensees (Data Security for Money Transmitters Act) and the first payment-channel-specific consumer disclosure/fraud-warning regime (virtual currency kiosks).", "findings": [ { "finding": null, "instrument_type": "Money Transmission Modernization Act (MTMA)", "source": "https://billstatus.ls.state.ms.us/documents/2025/html/SB/2500-2599/SB2507PS.htm", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Legacy Mississippi Money Transmitters Act", "source": "https://law.justia.com/codes/mississippi/title-75/chapter-15/section-75-15-11/", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Data Security for Money Transmitters Act", "source": "https://legiscan.com/MS/amendment/HB1596/id/271918", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Money Transmission Modernization Act (MTMA)", "source": "https://billstatus.ls.state.ms.us/documents/2026/html/HB/1500-1599/HB1596PS.htm", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Virtual Currency Kiosk Consumer Access and Protection Act (failed companion bill)", "source": "https://billstatus.ls.state.ms.us/documents/2026/html/HB/1200-1299/HB1264IN.htm", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Mississippi Virtual Currency Kiosk Consumer Protection Act", "source": "https://legiscan.com/MS/bill/HB1625/2026", "source_url": null, "source_tier": "1", "retrieved_at": null } ] }, { "code": "W2", "name": "Stablecoins & Digital Money", "confidence": "Confirmed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-mississippi/#w2-stablecoins-digital-money", "standing_position": "Mississippi has no enacted state stablecoin-issuance statute. State-level activity is limited to defeated CBDC-restriction/\"Blockchain Basics\" bills and the 2026 virtual-currency-kiosk licensing laws; the operative framework for any MS-touching stablecoin activity is the federal GENIUS Act regime now being implemented by the OCC, FDIC, FinCEN and OFAC.", "findings": [ { "finding": null, "instrument_type": "GENIUS Act (federal)", "source": "https://occ.treas.gov/news-issuances/bulletins/2026/bulletin-2026-3.html", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "GENIUS Act (federal, OCC rulemaking)", "source": "https://www.federalregister.gov/documents/2026/03/02/2026-04089/implementing-the-guiding-and-establishing-national-innovation-for-us-stablecoins-act-for-the", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "GENIUS Act (federal, FDIC rulemaking)", "source": "https://www.federalregister.gov/documents/2025/12/19/2025-23510/approval-requirements-for-issuance-of-payment-stablecoins-by-subsidiaries-of-fdic-supervised-insured", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "GENIUS Act (federal, FinCEN/OFAC rulemaking)", "source": "https://www.federalregister.gov/documents/2026/04/10/2026-06963/permitted-payment-stablecoin-issuer-anti-money-launderingcountering-the-financing-of-terrorism", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Blockchain Basics Act (failed)", "source": "https://legiscan.com/MS/text/HB1214/id/2928458", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Blockchain Basics Act (reintroduced, failed)", "source": "https://billstatus.ls.state.ms.us/documents/2025/html/HB/1500-1599/HB1590IN.htm", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Mississippi Virtual Currency Kiosk Consumer Protection Act", "source": "https://legiscan.com/MS/bill/HB1625/2026", "source_url": null, "source_tier": "1", "retrieved_at": null } ] }, { "code": "W3", "name": "Operational Resilience & Critical Infrastructure", "confidence": "High", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-mississippi/#w3-operational-resilience-critical-infrastructure", "standing_position": "Mississippi lacks a dedicated operational-resilience regime; resilience obligations arise from DBCF's general examination authority, the newly enacted licensee-specific Data Security for Money Transmitters Act (2026), and the state's general data-breach notification statute, with no equivalent to a DORA-style critical-third-party oversight framework identified.", "findings": [ { "finding": null, "instrument_type": "Data Security for Money Transmitters Act", "source": "https://legiscan.com/MS/amendment/HB1596/id/271918", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "DBCF supervisory mandate", "source": "https://dbcf.ms.gov/", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Mississippi data breach notification law (Miss. Code §75-24-29)", "source": "https://www.perkinscoie.com/en/news-insights/security-breach-notification-chart-mississippi.html", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Mississippi data breach notification law (Miss. Code §75-24-29)", "source": "https://pivitstrategy.com/mississippi-cybersecurity-laws-you-should-know-2026/", "source_url": null, "source_tier": "3", "retrieved_at": null } ] }, { "code": "W4", "name": "Scheme & Network Compliance", "confidence": "High", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-mississippi/#w4-scheme-network-compliance", "standing_position": "Mississippi permits private-sector card surcharging up to federal/card-network caps but uniquely bars government entities from surcharging electronic payments; there is no separate state interchange-fee statute, leaving Visa/Mastercard rulebooks, the federal Durbin Amendment, and national interchange antitrust litigation as the operative scheme-compliance framework.", "findings": [ { "finding": null, "instrument_type": "State surcharge policy", "source": "https://merchantcostconsulting.com/lower-credit-card-processing-fees/mississippi-surcharge-laws/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "Miss. Code §17-25-1 (as amended by SB2035)", "source": "https://billstatus.ls.state.ms.us/documents/2020/html/SB/2001-2099/SB2035IN.htm", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Durbin Amendment (15 U.S.C. §1693o-2, federal)", "source": "https://uscode.house.gov/view.xhtml?req=%28title%3A15+section%3A1693o-2+edition%3Aprelim%29", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "In re Payment Card Interchange Fee antitrust settlement (national)", "source": "https://www.americanbar.org/groups/antitrust_law/resources/newsletters/in-re-payment-card-interchange-fee-merchant-discount-antitrust-litigation/", "source_url": null, "source_tier": "2", "retrieved_at": null }, { "finding": null, "instrument_type": "PCI DSS (scheme rule)", "source": "https://pivitstrategy.com/mississippi-cybersecurity-laws-you-should-know-2026/", "source_url": null, "source_tier": "3", "retrieved_at": null } ] }, { "code": "W5", "name": "Payment Corridor Dynamics", "confidence": "Assessed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-mississippi/#w5-payment-corridor-dynamics", "standing_position": "Mississippi's corridor exposure runs mainly through domestic ACH/wire/FedNow rails accessed via its community banks, plus CDFI-mediated financial-inclusion channels in the Delta; state-specific instant-payment adoption is emerging but modest relative to national community-bank uptake.", "findings": [ { "finding": null, "instrument_type": "FedNow (federal instant-payments rail)", "source": "https://www.nerdwallet.com/banking/learn/banks-that-use-fednow", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "FedNow (federal instant-payments rail)", "source": "https://www.frbservices.org/news/fed360/issues/071625/fednow-service-two-years-growth-innovation", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "FedNow (federal instant-payments rail)", "source": "https://www.independentbanker.org/w/5-ways-community-banks-can-take-advantage-of-fednow", "source_url": null, "source_tier": "2", "retrieved_at": null }, { "finding": null, "instrument_type": "CDFI corridor access", "source": "https://www.mississippifreepress.org/banking-on-justice-climbing-out-of-poverty-in-the-mississippi-delta/", "source_url": null, "source_tier": "3", "retrieved_at": null } ] }, { "code": "W6", "name": "Industry Structure & Commercial Dynamics", "confidence": "Assessed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-mississippi/#w6-industry-structure-commercial-dynamics", "standing_position": "Mississippi's banking sector is dominated by a small set of regional/community banks - Trustmark, Renasant, Hancock Whitney, and formerly Cadence Bank - with Huntington Bancshares' 2025-26 acquisition of Cadence installing a new #1 bank in the state by deposits, while CDFI credit unions such as Hope fill gaps in underserved rural markets.", "findings": [ { "finding": null, "instrument_type": "Bank M&A", "source": "https://ir.huntington.com/news-presentations/press-releases/detail/951/huntington-bancshares-incorporated-to-acquire-cadence-bank", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Bank M&A", "source": "https://bizfayetteville.com/printstory/5195", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "Bank M&A", "source": "https://msbusinessjournal.com/cadence-bank-acquired-in-major-transaction/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "Industry advocacy coalition", "source": "https://magnoliatribune.com/2025/08/29/protecting-main-streets-money-strengthening-mississippis-banks/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "CDFI market structure", "source": "https://www.mississippifreepress.org/banking-on-justice-climbing-out-of-poverty-in-the-mississippi-delta/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "Venture/fintech ecosystem", "source": "https://www.ellty.com/blog/mississippi-investors", "source_url": null, "source_tier": "4", "retrieved_at": null } ] }, { "code": "W7", "name": "Legal & Litigation", "confidence": "High", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-mississippi/#w7-legal-litigation", "standing_position": "Mississippi payments-adjacent litigation centers on consumer-protection/usury enforcement under the Mississippi Consumer Protection Act and on multistate tribal-lending/payday settlements affecting Mississippi borrowers; the DBCF Commissioner holds cease-and-desist and license-revocation authority reviewable through the Hinds County Chancery Court.", "findings": [ { "finding": null, "instrument_type": "Mississippi Consumer Protection Act (Miss. Code §§75-24-1 to -29)", "source": "https://mississippilegalservicesauthority.com/mississippi-consumer-protection-law/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "Mississippi Consumer Protection Act (Miss. Code §75-24-20)", "source": "https://www.butlersnow.com/wp-content/uploads/2015/09/UNFAIR-AND-DECEPTIVE-TRADE-PRACTICES-STATUTES-AND-DAMAGES-_-HOW-TO-PREVENT-AND-DEFEND-DISRUPTIVE-CHALLENGES-TO-YOUR-CLIENTS-BUSINESS-PRACTICES.pdf", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "Multistate tribal-lending class settlement", "source": "https://topclassactions.com/lawsuit-settlements/closed-settlements/65m-big-picture-loans-interest-rates-class-action-settlement/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "Legacy Mississippi Money Transmitters Act (enforcement provisions)", "source": "https://dbcf.ms.gov/wp-content/uploads/2020/06/Mississippi-Money-Transmitter-Act-PDF.pdf", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "AG Consumer Protection Division enforcement", "source": "https://attorneygenerallynnfitch.com/divisions/consumer-protection/", "source_url": null, "source_tier": "1", "retrieved_at": null } ] }, { "code": "W8", "name": "Merchant Acquiring & Risk", "confidence": "High", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-mississippi/#w8-merchant-acquiring-risk", "standing_position": "Mississippi has no dedicated merchant-acquiring statute; acquiring practices are governed by card-network rules and the state's permissive-but-disclosure-conditioned surcharge regime, with the notable feature that government entities (unlike most permissive states) are barred from surcharging.", "findings": [ { "finding": null, "instrument_type": "State surcharge policy", "source": "https://merchantcostconsulting.com/lower-credit-card-processing-fees/mississippi-surcharge-laws/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "Durbin Amendment (federal)", "source": "https://ebizcharge.com/blog/credit-card-surcharging-a-state-by-state-legal-analysis/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "Card network surcharge caps", "source": "https://merchantcostconsulting.com/lower-credit-card-processing-fees/credit-card-surcharge-laws-by-state/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "Mississippi Department of Finance and Administration Administrative Rule", "source": "https://www.getflexpoint.com/credit-card-surcharging-us-states/mississippi", "source_url": null, "source_tier": "2", "retrieved_at": null } ] }, { "code": "W9", "name": "Product Innovation & Market Development", "confidence": "Assessed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-mississippi/#w9-product-innovation-market-development", "standing_position": "Innovation activity in Mississippi centers on state-backed venture/seed capital (InvestMS/SSBCI) rather than large homegrown payments products, alongside early community-bank FedNow adoption and a newly enacted virtual-currency-kiosk licensing regime.", "findings": [ { "finding": null, "instrument_type": "InvestMS / SSBCI venture program", "source": "https://investms.ms/", "source_url": null, "source_tier": "2", "retrieved_at": null }, { "finding": null, "instrument_type": "InvestMS / SSBCI venture program", "source": "https://mississippi.org/state-small-business-credit-initiative/", "source_url": null, "source_tier": "2", "retrieved_at": null }, { "finding": null, "instrument_type": "Bank-affiliated venture arm", "source": "https://www.ellty.com/blog/mississippi-investors", "source_url": null, "source_tier": "4", "retrieved_at": null }, { "finding": null, "instrument_type": "Mississippi Virtual Currency Kiosk Consumer Protection Act", "source": "https://legiscan.com/MS/bill/HB1625/2026", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "FedNow adoption", "source": "https://www.nerdwallet.com/banking/learn/banks-that-use-fednow", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "Blockchain Basics Act (failed)", "source": "https://billstatus.ls.state.ms.us/documents/2025/html/HB/1500-1599/HB1590IN.htm", "source_url": null, "source_tier": "1", "retrieved_at": null } ] }, { "code": "W10", "name": "Consumer Protection & APP Fraud", "confidence": "Confirmed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-mississippi/#w10-consumer-protection-app-fraud", "standing_position": "Consumer protection runs through the Mississippi Consumer Protection Act enforced by the AG's Consumer Protection Division; there is no MS-specific APP-fraud reimbursement mandate, but the 2026 virtual-currency-kiosk laws introduce the state's first payment-channel-specific fraud-warning requirements.", "findings": [ { "finding": null, "instrument_type": "Mississippi Consumer Protection Act (Miss. Code §§75-24-1 et seq.)", "source": "https://attorneygenerallynnfitch.com/divisions/consumer-protection/", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Mississippi Consumer Protection Act (Miss. Code §75-24-15)", "source": "https://mississippilegalservicesauthority.com/mississippi-consumer-protection-law/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "Virtual currency kiosk fraud-warning provisions", "source": "https://billstatus.ls.state.ms.us/documents/2026/html/HB/1200-1299/HB1264IN.htm", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Mississippi data breach notification law (Miss. Code §75-24-29)", "source": "https://www.perkinscoie.com/en/news-insights/security-breach-notification-chart-mississippi.html", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "Virtual currency kiosk fee-cap provisions", "source": "https://billstatus.ls.state.ms.us/documents/2026/html/HB/1200-1299/HB1264IN.htm", "source_url": null, "source_tier": "1", "retrieved_at": null } ] }, { "code": "W11", "name": "AML/CFT & Financial Crime", "confidence": "Assessed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-mississippi/#w11-aml-cft-financial-crime", "standing_position": "Mississippi's payments AML/CFT posture is anchored in the federal Bank Secrecy Act framework applied to state-licensed money transmitters as money services businesses, with DBCF licensing serving as the state's compliance gateway; no independent state AML regime exists beyond MTL registration. This module carries the Sentinel.gi payments-context position rather than original illicit-finance analysis.", "findings": [ { "finding": null, "instrument_type": "sentinel.dbcf-supervisory-touchpoint", "source": "https://dbcf.ms.gov/", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": "Mississippi operates entirely within the federal BSA/AML framework administered by FinCEN and OFAC; state adds licensing via the Dept. of Banking & Consumer Finance (money transmitters) and Mississippi Gaming Commission (casino BSA compliance). No independent state AML statute or beneficial-ownership registry exists; corporate registry function sits with the Secretary of State.", "instrument_type": "assessment", "source": "FIM (sentinel.gi) per-JID baseline profile — United States — Mississippi", "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": "Gap: sourcing-thinness", "instrument_type": "gap", "source": "FIM (sentinel.gi) gaps_register_cumulative (issue FIM-BASE-GAP-001)", "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": "Gap: enforcement-absence", "instrument_type": "gap", "source": "FIM (sentinel.gi) gaps_register_cumulative (issue FIM-BASE-GAP-002)", "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": "Gap: absent-field-provenance", "instrument_type": "gap", "source": "FIM (sentinel.gi) gaps_register_cumulative (issue FIM-BASE-GAP-003)", "source_url": null, "source_tier": null, "retrieved_at": null }, { "finding": "Sanctions: OFAC licence-change", "instrument_type": "sanctions_change", "source": "FIM (sentinel.gi) sanctions_change_register (issue FIM-BASE-SANC-002)", "source_url": null, "source_tier": "1", "retrieved_at": null } ] }, { "code": "W12", "name": "Correspondent Banking, Settlement & Access", "confidence": "Assessed", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-mississippi/#w12-correspondent-banking-settlement-access", "standing_position": "Correspondent-banking and settlement access in Mississippi is shaped by rural banking-desert dynamics in the Delta (mitigated by CDFI credit unions), deposit-insurance-reform advocacy from the state's largest regional banks, and community-bank access to Federal Reserve settlement rails, rather than any state-specific correspondent-banking statute.", "findings": [ { "finding": null, "instrument_type": "Deposit insurance reform advocacy", "source": "https://ir.cadencebank.com/2025-08-25-Protecting-Main-Streets-Money,-Strengthening-Mississippis-Banks", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "Rural settlement access / banking desert", "source": "https://www.mississippifreepress.org/banking-on-justice-climbing-out-of-poverty-in-the-mississippi-delta/", "source_url": null, "source_tier": "3", "retrieved_at": null }, { "finding": null, "instrument_type": "Correspondent banking de-risking (federal/CRS analysis)", "source": "https://www.congress.gov/crs-product/IF10873", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "FedNow settlement access", "source": "https://www.nerdwallet.com/banking/learn/banks-that-use-fednow", "source_url": null, "source_tier": "3", "retrieved_at": null } ] }, { "code": "W13", "name": "Commercial Intelligence & Fintech", "confidence": "High", "moved_this_cycle": true, "url": "https://payments.gi/jurisdictions/united-states-mississippi/#w13-commercial-intelligence-fintech", "standing_position": "The dominant Mississippi-relevant commercial event in the trailing 12 months is Huntington Bancshares' acquisition of Cadence Bank; state-level venture activity remains modest and concentrated in InvestMS-backed seed rounds and bank-affiliated venture arms.", "findings": [ { "finding": null, "instrument_type": "commercial_event: M&A", "source": "https://ir.huntington.com/news-presentations/press-releases/detail/951/huntington-bancshares-incorporated-to-acquire-cadence-bank", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "commercial_event: M&A", "source": "https://www.sec.gov/Archives/edgar/data/0000750577/000095017025007011/hwc-ex99_1.htm", "source_url": null, "source_tier": "1", "retrieved_at": null }, { "finding": null, "instrument_type": "commercial_event: funding round", "source": "https://www.ellty.com/blog/mississippi-investors", "source_url": null, "source_tier": "4", "retrieved_at": null }, { "finding": null, "instrument_type": "commercial_event: state venture program", "source": "https://investms.ms/", "source_url": null, "source_tier": "2", "retrieved_at": null } ] } ] }