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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. The Houston metro took the 10th spot with a 20.3% It includes Hewlett Packard Enterprise, which is moving its headquarters to the Houston area. billion to the state’s GDP in 2019, according to state records.

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Inside Chipotle’s Decade Of Digital-First Ordering Innovation

PYMNTS

The company has partnered with autonomous technology firm Nuro with plans to put driverless delivery vehicles to work in Houston, Texas, by the end of 2019. The company will deploy delivery-focused kitchen management solutions from ConnectSmart to more than 900 locations in these two global markets.

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CVS Health Unveils Atlanta HealthHUBs; Target’s Digital Sales Rise Despite Slow Growth

PYMNTS

Retailers are aiming to help consumers manage chronic diseases as well as their overall health and wellness through new brick-and-mortar experiences. CVS Health started to test out HealthHUB locations last year in Houston to “overwhelming customer satisfaction” per the announcement. percent higher in comparison to the 5.7

Atlanta 131
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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

Its fourth-quarter earnings report, released at the end of February, showed a revenue jump of 88 percent from 2019 to $1.1 This year we expect another year of market-leading growth. In 2019, we increased GPU by $750. Our cohort growth was broad based with many markets crossing key milestones.”. New Markets.

Company 130
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Wegmans To Open In Brooklyn; Whole Foods Brings Eateries To 500th Store

PYMNTS

The 74,000 square-foot space, which is scheduled to open in the fall, will feature a second-floor mezzanine complete with almost 100 seats for a market café. Even so, the report notes, “The move will be a big test of whether Wegmans can duplicate the phenomenal success it’s had in smaller locales in the crowded New York market.”

New York 100
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Top 63 Online Digital Banks for U.S. Consumers (Nov 2023)

Fintech Labs Insights

The legacy players held their market share by providing digital services deemed “good enough” to retain customers loath to switch banks. 2,500 $992 16 Betterment 498 2008 NYC 1,930,000 $435 17 Wealthfront 453 2011 SF 1,964,000 $274 18 Petal 404 2016 NYC 340,000 $992 19 Braid 390 2019 SF 12,000 $0 20 M1 Finance 371 2015 Chicago 1,230,000 2.2

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The Walmart Amazon Whole Paycheck Tracker: The Delivery Edition 

PYMNTS

And they have a big job ahead of them in 2019 — with expectations they will drop off roughly 275 million packages between Thanksgiving and Christmas, more than double last year’s number. And finally, in unexpected outcomes … Surprise of the Week: Amazon’s Heading To NYC After All . Surprise of the Week: The Bad Santa Sweater .