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FedEx Int’l Priority, US Residential Volumes Fuel Strong Q2 Results

PYMNTS

domestic residential package services, in addition to pricing initiatives throughout all transportation segments, fueled increased operating results. Management said the company is not offering a fiscal 2021 earnings forecast, and noted that the capital spending outlook for the year stays at $5.1 FedEx reported on Friday (Dec.

US 262
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Payroc Combines With NXGEN, Payscape, BluePay Canada To Serve 46 Countries

PYMNTS

The operation will carry an enhanced, innovative Payroc brand, offering full-service global merchant acquirer services and payments processing in 46 countries. Private equity firm Parthenon Capital sponsored the merger. “We NXGEN and Payscape merged in May in a deal also backed by Parthenon Capital.

Illinois 100
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High Times Plans Brick-And-Mortar Locations

PYMNTS

They will operate under the logo and name of High Times. But the last stages before it reaches a consumer, so delivery, retail, and of course just continuing to connect consumers to the great cannabis brands that are out there.” Illinois, for its part, became the newest state to legalize weed on Jan. Hightimes Holding Corp.

Las Vegas 131
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Brookfield Asset Earmarks $5 Billion To Help Struggling Mall Retailers

PYMNTS

We believe this is a critical component to getting the economy moving again, and we would like to partner with companies and entrepreneurs that can draw on our capital and expertise to stabilize and grow their business,” Bloom said, according to CNBC. mall owner General Growth Properties (GGP) in 2018.

Las Vegas 141
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Figure CEO: Figure Pay, National Bank Charter Will Boost Financial Inclusion

PYMNTS

He pointed to brands and merchants like Dunkin and Dollar General, marked by underserved populations that could benefit by better economics than has been seen with prepaid cards or payday lending. Figure, said Cagney, can offer some of its products in New Yok — but not in, say, Illinois. Enter Figure Pay – And The Barbell Effect .

National 215
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Metromile Drives Home $191.5M In Funding

PYMNTS

Canada’s Intact Financial and China Pacific Insurance, New Enterprise Associates, First Round Capital, Mitsui and SV Angel. Metromile is ready to rev up, having acquired licenses to operate in all of Uncle Sam’s 50 states, despite currently underwriting policies in only four right now: New Jersey, Oregon, Pennsylvania and Virginia.

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Banking's Total Return Top 5: 2014 Edition

Jeff For Banks

capital appreciation and dividends. Open Bank (OTCQB: OPBK) Open Bank commenced operations in 2005 as First Standard Bank in the Koreatown section of Los Angeles. The lion''s share of their growth, profitability, and capital have come since their re-branding to Open Bank in 2010. Congratulations to them.