article thumbnail

Scottsdale Community Bank: Making microloans

Independent Banker

Inspired by the entrepreneurship of lemonade stands, Scottsdale Community Bank created a microloan program. Photo by Brandon Sullivan De novo Scottsdale Community Bank set out to provide microloans to small and mid-size businesses, family organizations and nonprofits—a project that was inspired by the humble lemonade stand.

article thumbnail

Community Banks Accelerate FinTech Integrations

PYMNTS

For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

ALDI Plans 70 New Store Openings In Expansion Push

PYMNTS

The value grocery chain also said it intended to come into the greater Phoenix market and continue to support Gulf Coast store growth with a new Alabama distribution center, according to a Tuesday (July 21) announcement. As it stands, the company operates 180 retail locations in Florida as well as Alabama.

Alabama 159
article thumbnail

Uber, Lime Pause Some Ridesharing Services

PYMNTS

Uber’s Senior VP of Rides and Platform Andrew Macdonald said in a statement, “Our goal is to help flatten the curve on community spread in the cities we serve.”. And as it continues monitoring coronavirus developments, Waymo is pausing its Waymo One service in Metro Phoenix with trained drivers, the company said in a series of tweets.

Phoenix 140
article thumbnail

eScooter Startup Lime Exits 12 Markets, Fires 14 Pct. Of Staff

PYMNTS

Lime is striving to reach profitability in 2020 and is laying off about 14 percent of its workforce — roughly 100 people — and ceasing operations in 12 markets, according to reports on Thursday (Jan. These market closures have an effect not just on riders, but on our whole Lime community.

article thumbnail

Lyft Rolls Out Vehicle Partitions In Health Safety Program

PYMNTS

Los Angeles, Seattle, Boston, Phoenix, Dallas and New York City. Our community is counting on us to put their health and safety first,” said Angie Westbrock, vice president of global operations and head of Lyft’s COVID-19 Response Task Force, in a prepared statement. “By The company said it sells them to drivers at no profit.

article thumbnail

Amazon Speeds Up Deliveries In Four Cities

PYMNTS

Amazon has established smaller warehouses around Dallas, Phoenix, Philadelphia and Orlando to make its same-day deliveries faster. . We’re proud of the fact that our Same-Day services are driven in partnership with local communities where we operate and made possible by the people who live there.

Phoenix 175