Atlanta Fed: Real GDP Estimated To Fall 52.8 Pct In Q2

PYMNTS

percent in the second quarter, according to the Federal Reserve Bank of Atlanta’s GDPNow as of Monday (June 1). The Atlanta Fed said the next GDPNow update will be on Thursday (June 4). In addition, the Atlanta Fed said it won’t support the GDPNow app as of Friday (June 5).

Atlanta Fed raises flags about fintech's impact on financial inclusion

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Fintech Federal Reserve Bank of Atlanta Financial inclusion Cash

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Atlanta Fed: GDP Could Tumble By 43 Pct In Q2

PYMNTS

Just when the economy can’t take any more bad news, the Federal Reserve Bank of Atlanta is predicting the national gross domestic product (GDP) is expected to drop by nearly 43 percent in the second quarter, CNBC reported. GDPNow is not an official forecast of the Atlanta Fed.

Walmart Plans More Health Clinics In Atlanta Area

PYMNTS

Walmart will open up at least six more health clinics in the greater Atlanta area by the end of the year, according to CNBC. Walmart atlanta health clinics Healthcare News Retail walmart What's Hot

Armored Truck Spills $175K Onto Atlanta Highway

PYMNTS

Drivers on Interstate 285 in Atlanta likely thought they had come into some quick cash when $175,000 recently fell out of an armored truck. Security & Fraud armored truck atlanta Cash Drivers felony misdemeanor money News police Theft What's Hot

Atlanta Fed raises flags about fintech's impact on financial inclusion

American Banker

Fintech Federal Reserve Bank of Atlanta Financial inclusion Cash

Consumer Uncertainty Overshadows Georgia’s Reopening, Atlanta Fed Chief Says

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Raphael Bostic , president of the Atlanta Federal Reserve, called Georgia’s reopening rollout a “mixed bag” in which only parts of the state were eager to go back out.

Atlanta Fed Warns Recovery Could Stall As Outbreaks Surge

PYMNTS

Raphael Bostic , the president of the Federal Reserve Bank of Atlanta, whose reach extends into the south caught up in the resurgence of COVID-19 cases, said business reopening has leveled off. The uptick in U.S.

Prime Members In San Francisco And Atlanta Get Free Whole Foods Delivery

PYMNTS

Adding to the sundry benefits of Prime, Amazon is launching free two-hour delivery of Whole Foods groceries in Atlanta and San Francisco through Prime Now. We’re happy to bring our customers in San Francisco and Atlanta the convenience of free two-hour delivery through Prime Now and access to thousands of natural and organic groceries and locally sourced favorites,” John Mackey, Whole Foods Market co-founder and CEO, said in a statement.

KFC Brings Beyond Meat Chicken To Atlanta Location

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The franchise is located close to Atlanta’s SunTrust Park stadium, Vox reported. The QSR chain also said it will consider feedback from Atlanta customers as it looks to a broader pilot or potential national rollout. In a deal that is said to make KFC the first fast-food restaurant to offer plant-based chicken, one of the quick-service restaurant (QSR)’s locations will begin offering meatless chicken from Beyond Meat.

William Mills Agency Offers Atlanta Fintech Event Calendar

William Mills

The City of Atlanta and surrounding suburbs is a hub for the financial technology industry, and Atlanta is hosting more and more trade shows and conferences in the fintech space,” said Scott Mills, President, William Mills Agency. The post William Mills Agency Offers Atlanta Fintech Event Calendar appeared first on Financial PR and Marketing Agency & Financial Public Relations.

Why Atlanta is setting up savings accounts for kindergartners

American Banker

ESG Politics and policy College savings plans

Another new bank proposed for Atlanta

American Banker

If successful, the bank would become the third to open in the Atlanta area in recent years. Organizers have applied to form Craft Bank. Community banking De novo institutions Capital Georgia

3 Reasons Why Fintech is Thriving in Atlanta

William Mills

Metro Atlanta has established itself as a major hub for the fintech (financial technology) industry. According to the American Transaction Processors Coalition, more than 70 percent of all payments on a global scale currently pass through companies headquartered in metro Atlanta, earning the city the moniker “Transaction Alley.” Here are three reasons why the fintech industry is thriving in Atlanta: Incubators and accelerators.

CVS Health Unveils Atlanta HealthHUBs; Target’s Digital Sales Rise Despite Slow Growth

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Retailers are aiming to help consumers manage chronic diseases as well as their overall health and wellness through new brick-and-mortar experiences.

Capital One plans expansion in Atlanta

American Banker

Workforce management Technology Credit cards

A more diverse Visa takes shape in Atlanta

American Banker

Diversity and equality Payments Career advancement Workplace culture Women in Banking Recruiting

SouthState goes big in Atlanta with deal for Atlantic Capital

American Banker

M&A Commercial banking Community banks

CFPB to Open Southeast Regional Office in Atlanta

CFPB Monitor

to Atlanta, Georgia in late 2019. that will be surrendered after the southeast regional team is moved to Atlanta. The CFPB stated that Atlanta was selected as “the city that best enables the Bureau to fulfill its statutory mission and enhance its collaboration with its regulatory partners, while being as efficient as possible.” CFPB General CFPB Monitor Atlanta CFPB southeast regional office

Today In Payments: Atlanta Fed Warns Outbreaks Could Stall Recovery; Big Tech CEOs To Testify In Antitrust Probe

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Atlanta Fed Warns Recovery Could Stall As Outbreaks Surge. In today’s top news, a Federal Reserve official warns the surge in coronavirus cases could dampen economic recovery, and the CEOs of the four biggest tech companies will testify before Congress.

Construction loan buildup in Atlanta

ABA Community Banking

SNL Report: Cranes in Atlanta conjures up memories of the past Mortgage/CRE. 1Mortgage/CRE

Atlanta Postal Credit Union Long-Term CDs Offer Good Rates

BankDeals

Atlanta Postal Credit Union (GA) has two competitive long-term Jumbo CDs: 48-month (1.70% APY) and 60-month (1.85% APY). Minimum deposit is $100k

Vendor consolidation continues with Fiserv deal for Atlanta firm

Payments Source

The core-tech vendor Fiserv has agreed to buy Online Banking Solutions in Atlanta. M&A Technology

Perficient Named one of Atlanta’s 2020 Best Places to Work

Perficient

That’s why we’re excited to announce that we have been named a 2020 Best Places to Work by the Atlanta Business Journal! The Atlanta Best Places to Work program is run by the Atlanta Business Chronicle each year to recognize the most outstanding companies in the area.

Accelerating Atlanta: How the South's Fintech Hub Attracts New Talent

Payments Source

Atlanta is flush with payment processors that handle more than 70% of the nation's transactions. These players now plan to expand their reach even further, hoping to make the southern city a fintech hub to rival Silicon Valley and New York. disruptors mobile online debit-prepaid retail-acquiring global digital-currency processing atms technology

Retail Pulse: Nike Opens Atlanta SNKRS Pop-Up; FAO Schwarz Plans London Store

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The company recently opened a SNKRS Pop-Up shop in Atlanta — as the city gears up for Sunday’s Super Bowl game between the Patriots and the Rams — that will remain in the city until March. Items available for sale will range from the Air Force 1 drops to The Ten Collection — items that Nike said in an online post are “specific to Atlanta’s vibe.” Big brands are opening pop-up shops chock full of digital commerce technology and experiences for fans, and Nike is no exception.

London, Atlanta fintech firms create 'Davos of Payments' forum

Payments Source

officials have agreed to create a payments forum featuring leaders from the tech hubs of London and Atlanta. Citing the need to expand Transatlantic commerce, U.K. and U.S. Digital payments U.K.

Top 5 Emerging Fintech Hubs in The U.S.

Bank Innovation

Exclusive Operations Payments ACH Atlanta Bitcoin BitPay cryptocurrencies data analytics First Performance Global Ingo Money Mobile Payments mobile wallets NCR online payments payments Top 5 Emerging Fintech Hubs WorldPaySilicon Valley, New York City, and Boston all have thriving fintech communities, and are definitely worth a trip for the invested fintech entrepreneur, but the U.S. is already seeing a cluster of other fintech hubs emerge.

FDIC has tough task persuading unbanked to deposit stimulus checks

American Banker

FDIC City of Houston, TX Unbanked City of Atlanta, GA Financial inclusion

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Georgia Banking strikes deal to expand in Atlanta suburbs

American Banker

Community banking M&A

Fed's focus on racial justice is 'political advocacy,' GOP senator says

American Banker

Diversity and equality Racism Pat Toomey Federal Reserve Bank of Atlanta Federal Reserve Bank of Boston

FleetCor taps insider interim after CFO resigns

Payments Dive

The Atlanta-based payments company said Charles Freund, its CFO since September 2020, is resigning to become CFO of an unidentified private-equity backed software company

Atlanta Fed President Lockhart to Step Down

American Banker

WASHINGTON – Dennis Lockhart, president of the Federal Reserve Bank of Atlanta, has announced his resignation, effective Feb. 28, 2017. breaking_news people fed sailthru-no-lead law-regulation

Colony to gain access to Atlanta suburbs with SouthCrest acquisition

American Banker

M&A Growth strategies Community banks

Pinnacle hires Synovus exec to open first office in Atlanta

American Banker

The Tennessee company said that Rob Garcia will be in charge of building a commercial banking team in the city. Community banking M&A Growth strategies Tennessee Georgia