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

PYMNTS

As for easing the path toward financial innovation, there’d always been some consideration of seeking a national banking charter, noted Cagney, especially as the company began building blockchain and blockchain applications over the past few years. Figure, said Cagney, can offer some of its products in New Yok — but not in, say, Illinois.

National 215
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Spilling Business Beans

Independent Banker

However, an innovative program run by the U.S. In Illinois, a loan participation plan by a community bank “insourced” jobs to the local area from overseas. In 2011, the company purchased a Costa Rica-based company with the intention of moving its operations to Rockford, Ill. million of their $5.1 million financing to the state.

Oregon 70
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Banking for Good

Jeff For Banks

Nine hundred thousand dollars was over 4% of ASB's total operating expense in 2018. Providence Bank and Trust in South Holland, Illinois also pledged to tithe since its founding in 2004. Because it is the natural evolution of a mixed economy that tilts more heavily towards capitalism than socialism. Are There Others?

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Tech Center: Chicago On Deck

PYMNTS

PYMNTS: What do you think makes Chicago (or Illinois as a whole) an attractive location for both entrepreneurs and investors? Is there anything people may find surprising about operating a business here? MH: People should know that Chicago offers a level of skill and innovation equal to any other place globally.

Chicago 114
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How to keep good employees

Independent Banker

Often, innovation and creativity soar when we allow employees to be curious and explore new ways of thinking.”. Power skills allow bank teams to add value beyond any automated or intelligence system, operate in a digital environment and continually adapt to new ways of working and new technologies.”.

How To 91
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Building Momentum: 12 Early-Stage Construction Tech Startups To Watch

CB Insights

Select Investors : AlphaPrime Ventures, August Capital, Gaspar Global Ventures. Select Investors: Azure Capital Partners, Emergence Capital Partners, Techstars. Headquarters: Chicago, Illinois. Select Investors: Elevation Partners, Maxfield Capital, Ritchie Bros. Headquarters: New York, New York. Work Today.