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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. The group, to be known as Alloy Labs Alliance, according to a press release , is being managed by FinTech Forge. Here In The States.

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Uber Launching Taxi-Hailing Service In Nagoya

PYMNTS

Uber said it is working with Fuji Taxi Group, which has been in the region for more than 60 years. The cars could be owned and operated by fleet managers outside of Uber , noted the report. The company has recently let go of about 400 test drivers and shuttered its Arizona self-driving business.

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Uber Freight Rolls Out Platform For Shippers To Access Its Network

PYMNTS

21) that it is rolling out a platform to enable shippers to tap into the company’s network and manage shipments from a personal computer. In May, Uber Freight launched its autonomous truck deliveries , with the first hauls driven in tandem with both human drivers and self-driving trucks completed in Arizona.

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Wells Fargo To Overhaul Auto Lending Unit

PYMNTS

According to a news report in Reuters , citing an internal memo, with the restructuring, Wells Fargo will phase out 57 regional offices in the U.S. and get rid of the regional manager positions in the impacted offices. The credit underwriting staffers and salespeople will stay in the local markets with new management.

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Nuro Raises $940M From SoftBank For Robotic Delivery

PYMNTS

It also licensed its self-driving technology to Ike, an autonomous trucking company, and rolled out the first unmanned delivery service in Arizona. The company plans to use the funding to expand its delivery service into new regions, forge partnerships, expand its fleet and enhance its self-driving technology.

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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! Technology Management Breaking the Bank? price/book multiple.

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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.