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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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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 million ($193.5

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The day that digital currency started

Tomorrow's Transactions

Well, look East, where the first reports have appeared concerning the Digital Currency/Electronic Payment (DC/EP) system being tested in four cities: Shenzen, Chengdu, Suzhou and Xiong’an. DC/EP is the Chinese Central Bank Digital Currency (CBDC). Why do I think more people should be celebrating the Mondex Silver Jubilee?

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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 branchless community bank operates in the Wilmington-Philadelphia market.

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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. Biggest Branch ITM User Award : The Security Guard. Following up from a booth visit with “Dear [Wrong Name]…”.

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37 Corporate Innovation Labs In Finance

CB Insights

DBS leaders expect to see more than 5,000 people actively innovating DBS’ services and operations at DAX each year. It operates two labs, one in Washington DC and the other in New York City, which focus on ventures that can have a significant business impact in the short term (from six months to three years). Founded: 2014.

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AI Will Put 10 Million Jobs At High Risk — More Than Were Eliminated By The Great Recession

CB Insights

Early-stage food-preparation startups using robotics and AI are proliferating, and operating in both B2B and B2C models. Its self-checkout and ordering process is gaining popularity, and Eatsa has expanded beyond San Francisco to New York and Washington DC. Robot-run warehouses are already in operation. in funding.