article thumbnail

Community Banks Debut FinTech Alliance

PYMNTS

To that end, news came earlier this week in the United States that a dozen community and regional banks have formed a group aimed at exploring the opportunities amid FinTech offerings. Arizona, which launched a “sandbox” earlier this year, said last week that there is a new participant in that FinTech-driven initiative.

article thumbnail

Nuro Raises $940M From SoftBank For Robotic Delivery

PYMNTS

In a press release , the company said that to date, it has raised more than $1 billion from SoftBank, Greylock Partners and Gaorong Capital. It also licensed its self-driving technology to Ike, an autonomous trucking company, and rolled out the first unmanned delivery service in Arizona. It will also bring on more employees.

Arizona 100
Insiders

Sign Up for our Newsletter

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

article thumbnail

Stuck in the middle: Addressing the gap in senior housing with financial solutions.

PopularBank

And as soon-to-be retirees explore housing options in Florida, Arizona, the Carolinas and other popular retirement states, a higher cost of living and a shortage of middle-market senior housing are raising concerns for those ready to embark on a fixed income lifestyle. Consider strategic acquisition. appeared first on Blog Popular Bank.

article thumbnail

The Bank Legacy Is Dead: Long Live the Fintech Collision

Gonzobanker

It’s been a long two years since bankers and investment bankers nationwide made their annual pilgrimage to the Arizona desert for the Acquire or Be Acquired conference – and ohhh man, a completely different world has emerged since the January 2020 get-together! Let’s put COVID aside for a minute. price/book multiple.

Fintech 167
article thumbnail

Bank Shareholder Liquidity Matters

Jeff For Banks

Annually 1,500 bankers and those that advise them gather in the Arizona desert for Bank Director's Acquire or Be Acquired (AOBA) conference. Suncrest started in 2008 with a $19 million capital raise, and did three small follow-ons of $5, $8, and $7 million to support growth. Suncrest sold in 2022 to CVB Financial Corp.

article thumbnail

Retail Pulse: Stop & Shop To Deploy Autonomous Vehicles; Chico’s FAS Plans To Close 250 Stores

PYMNTS

Grocers are using autonomous vehicles to help bring fresh food to the doorsteps of consumers, and news came this week that another retailer plans to use the technology: Approximately one month after Kroger announced that it had started to use autonomous vehicles in Arizona, Stop & Shop is intending to use them in the Bay State.

Retail 129
article thumbnail

The eCommerce Bachelor: Which City Will Get The Rose?

PYMNTS

As New Mexico’s capital city, Albuquerque naturally put in a bid, but the state’s more southern offering may prove more interesting, as it straddles the U.S.-Mexico Proponents note that, between Doña Ana County itself and the nearby El Paso region and Juarez, the region could more than satisfy the eCommerce giant’s stated requirements.