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Top News In Payments: Bank Closings Hit Rural Areas; Kaspersky Highlights Rise Of Fake Notifications

PYMNTS

In today’s top payments news, more than half of the 3,114 counties in the United States lost bank branches from 2012 to 2017. Over half of the 3,114 counties in the United States lost bank branches from 2012 to 2017, with rural areas feeling the brunt of the closures per Federal Reserve research. for $4 billion.

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Starbucks Hits 16.3M Mobile Users, Eyes Expanded Delivery

PYMNTS

After a disappointing holiday quarter in 2017, the pressure was on Starbucks , which reported its most recent quarterly earnings yesterday (Jan. Overall, sales were up 3 percent, and transactions were up 1 percent in the Asia-Pacific region as a whole. By the numbers, Starbucks delivered. Earnings came in at $.68 As of Tuesday (Jan.

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Amazon Tracker: Cities Clamor To Become Amazon’s Home Away From Home

PYMNTS

On Thursday, an Amazon spokesperson told Forbes the company does not engage in surge pricing, nor does it allow product prices to fluctuate based on region or delivery location. So far, however, the candidates (including Toronto, Boston, Washington, Atlanta, Dallas and Denver) seem to suffer from the same shortcomings. Prime Now, Eh?

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Data Dive, Fall Chill Edition: Fraudsters, Sears And India’s Data Privacy Laws

PYMNTS

fans traveling to Boston for the start of the World Series will want to pack — and possibly purchase for the first time — sweaters, as this week will be an excellent opportunity to enjoy New England’s crisp fall weather. In payments and commerce this week, a fall chill also rolled through. Gift Cards’ New Unfavorable Fans.

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Tech Center: Charlotte On The Edge of Tech Greatness

PYMNTS

The North Carolina Technology Association’s 2017 State of Technology Industry Report found that Charlotte and the Research Triangle area account for 60 percent of the state’s tech sector. Is there anything people may find surprising about operating a business there?

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2021 GonzoBanker Awards

Gonzobanker

Lots of tech and operations to clean up, it appears, but no solid bank is better qualified than the team from Minneapolis. From nowhere, sizable regional players are being created. Performance and multiples continue to be solid, outperforming most regional banks. Acronym of the Year. Has to be M-O-E. Has it worked?

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. Even as the regulation pendulum swings back toward more limited oversight, how investment banks operate is fundamentally changing. By 2017, it had much of this codified in its own internal software.