Remove Arkansas Remove Management Remove Marketing Remove Security
article thumbnail

US DOJ Charges 14 With $28M In PPP Fraud

PYMNTS

In Arkansas, a project manager employed by a major retailer has pleaded guilty to bank fraud charges for filing fraudulent bank loan applications seeking more than $8 million in PPP loans. Benjamin Hayford, 32, of Centerton, Arkansas, is scheduled to be sentenced on Nov.

Fraud 276
article thumbnail

Fear Climbs That Small Banks Are Taking On Too Much CRE Loan Risk

PYMNTS

Bank OZK , the Arkansas lender, saw its stocks plunge late last week after it took a more than $45 million write-down on two commercial real estate loans, stoking fears that small banks in the U.S. You do hear talk in the market that some banks have become really aggressive on some deals.”

Insiders

Sign Up for our Newsletter

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

article thumbnail

The Power Problem Holding Back Supply Chain Digitization

PYMNTS

The technology is often considered a game-changer for supply chain management and logistics operations, able to both elevate the efficiency of operations while connecting corporates to real-time data for deep business intelligence and analytics. Digitization is a big trend, and data is the new currency. “But The Chicken-and-Egg Conundrum.

Arkansas 142
article thumbnail

Retail Pulse: Walmart Tests ‘Great Workplace,’ Sainsbury’s Opens Cashierless Store

PYMNTS

Brick-and-mortar retailers are changing the way they manage their workforces in the age of Amazon: Walmart , for instance, is testing multiple versions of a new team structure called the “Great Workplace” in some of its locations. billion for its stores in comparison to $1.63 billion in the year prior. In Other Brick-And-Mortar News.

Retail 100
article thumbnail

Top 5 Total Return to Shareholders: #4 Bank of the Ozarks

Jeff For Banks

But he held firm that the regulatory environment, changing customer preferences, and the pace and expense of technology were driving the market towards bigger is better. Bank of the Ozarks began in 1903 as a small community bank in Jasper, Arkansas, and by 1937, included an additional bank in Ozark, Arkansas.

article thumbnail

Walmart Makes Cash Cheap, Banks Balk At Bitcoin And Startups Struggle To Profit

PYMNTS

Last week, earnings managed to steal the front and center show. Amazon, Google, Microsoft, PayPal, Starbucks and MoneyGram all dropped their latest round of performance data on the markets — and investors and analysts were exuberant and/or terrified, depending on how closely those results conformed to what they thought was going to happen.

Bitcoin 117
article thumbnail

Watch 10 Fintech Startups Pitch at FIS Demo Day 2020 (April 14)

Fintech Labs Insights

In the past 5 years, FIS’s accelerator has helped 57 startups find product/market fit in the difficult-to-get-started fintech world. Cirrus Secure 7-minute demo @FIS Fintech Accelerator Demo Day. Cirrus Secure. Description: Secure document portal for lenders. HQ: Little Rock, Arkansas. HQ: Denver, CO.

Fintech 15