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Penske Announces Launch Of Carsharing Unit

PYMNTS

Transportation company Penske Corporation announced that it is rolling out its new carsharing service in Washington, DC and Arlington, VA, this week. based call center and a local fleet operations team. Penske has also secured reserved parking options at Colonial Parking garages in Washington, DC.

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VW To Test Robotic Chargers For Self-Driving Electric Cars

PYMNTS

Electrify America, a subsidiary of Volkswagen Group of America, has announced a pilot project to test the viability of robotic fast-charging systems for self-driving electric vehicles (EVs), CNBC reported on Monday (Aug. A robotic arm attached to a 150kW DC fast charger would perform the task of plugging into the car’s charge port.

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Cardtronics Posts 22 Percent Revenue Growth

PYMNTS

Cardtronics , the world’s largest ATM owner and operator, revealed that it has exceeded earnings expectations for the third quarter of 2017. The company, which is based out of Houston, TX and operates globally, had total revenues of $402 million in the quarter ending September 30, 2017 – a 22 percent increase from $328.3

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ATMIA Weighs In On Cashless Retail Ban Debate

PYMNTS

And those stakeholders include ATM operators. If the cashless bans do indeed gain traction, companies that seek to introduce cashless retail to the masses, he said, might have to add currency acceptance devices. The debate will likely get increased scrutiny and input from stakeholders. … and the Case Against Cashless.

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Banking's Total Return Top 5: 2013 Edition

Jeff For Banks

versus 68.5%, respectively) and its operating expenses as a percent of average assets compared to peer banks (1.66% versus 3.09%, respectively).So, So, as a branchless bank, BofI has leveraged its significantly lower operating expenses into profit. The Company has posted 19 consecutive quarters of increased net income at September 30.

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GonzoBanker Awards 2017

Gonzobanker

While the Gonzo team loves to celebrate our mid-size entrepreneurial banks who “stick it to the man,” we also need to extend a GonzoBanker salute to Bank of America CEO Brian Moynihan. For 35 years, Wilmers led M&T with creativity, integrity and the “old-school” wisdom of a community banker who created a $26 billion market cap company.

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Battery Breakthrough: How Startups, Tech Giants, And Automakers Could Finally Make EVs Go The Distance

CB Insights

Companies like Porsche, Toshiba, and others are working on battery tech capable of charging in minutes and lasting over 200 miles. Level 3 (L3) “fast charging” takes place at the ~2,200 DC Fast Charging (DCFC) stations in the US, most of which are equipped with ~400V-480V circuits. Electric Vehicles Research Briefing.

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