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NCR Looks To Buy ATM Operator Cardtronics For $1.7 Billion

PYMNTS

Retail and hospitality technology firm NCR Corporation is looking to acquire ATM operator Cardtronics for $39 per share, or about $1.7 NCR’s $39 per share all-cash offer topped Apollo Global Management’s earlier bid for $35 per share to acquire Cardtronics, Bloomberg reported. 11) press release. .

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Small business lending insights Vol. 1

Abrigo

The negative correlation of funded business loans to the Fed funds rate is a staggering 86% as businesses weigh their needs for capital against expensive debt and lenders aim to limit risk. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets.

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Today In B2B: NeweggBusiness Adds Payment Terms; Deutsche Expands Cash Management Business

PYMNTS

Today In B2B payments, NeweggBusiness integrates business financing and payment terms via Behalf, while Deutsche Bank expands its cash management offering into Australia. Deutsche Bank Debuts Cash Management In Australia. The company reported in October that expenses for its corporate operation fell 9 percent in Q3.

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Saltbox Opens Co-Warehousing Space For SMBs

PYMNTS

To provide small to medium-sized businesses (SMBs) with co-warehousing and coworking space, Saltbox opened a 27,000-square-foot facility in Atlanta, according to an announcement. The company said Atlanta has a diverse and growing ecosystem, with new firms, new talent, more connectivity, and greater capital.

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NCR Makes Play For Cardtronics Despite Rival Private Equity Deal

PYMNTS

NCR Corporation is the mystery suitor behind a recently-announced bid for Cardtronics , an operator of ATMs in 10 countries, that was submitted even as the company worked to close a previously-announced deal with different suitors, The Wall Street Journal (WSJ) reported. NCR is based in Atlanta. per share in cash,” a Jan.

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BAM Completes $10-Million Investment to Fund Expansion

PYMNTS

BAM Worldwide, a provider of cash management and working capital, e payment solutions to the transportation industry , announced Tuesday (June 6) that it has completed a $10-million investment led by Millstone Capital Partners. BAM provides technology, payments processing and working capital loans to the U.S.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Improving efficiency is like “losing weight” and “working out more.”