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Top News In Payments: Bank Closings Hit Rural Areas; Kaspersky Highlights Rise Of Fake Notifications

PYMNTS

In today’s top payments news, more than half of the 3,114 counties in the United States lost bank branches from 2012 to 2017. Bank Branch Closings Take Toll On Rural Communities. Urban areas, however, lost only 9 percent of offices in 802 communities. Kaspersky: Fake Push Notifications Have Grown Nearly 70 Pct In 2019.

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Fed Says America Needs Instant Payments As Soon As Possible

PYMNTS

Federal Reserve Board members this week shed some light on the timing and mechanics of FedNow — an always-on, fully interoperable interbank-settlement service that will give rise to instant payments in the United States. The COVID-19 pandemic is taking a tremendous toll on communities across America,” Brainard said.

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Tech Center: New York City Takes on Tech Full Force

PYMNTS

For years, New York City has been at the epicenter of United States’ culture with the fashion and entertainment industries leading the way. With a big focus on technology in Silicon Valley and Boston, New York City slowly made its way to becoming a powerhouse tech player. Being in NYC means knowing your market.

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Tech Center: Charlotte On The Edge of Tech Greatness

PYMNTS

Before we jump into the post, here are a few quick facts about Charlotte and its tech scene: The city had a population of 827,097 in 2015, making it the seventeenth largest city in the United States. Is there anything people may find surprising about operating a business there? Median household income (2015): $53,637.

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Banking's Top 5 Total Return to Shareholders: 2021 Edition

Jeff For Banks

The bank was founded in 2006 and operates 19 full-service branch locations in multi-ethnic communities in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. Live Oak is now the largest SBA 7(a) lender in the United States. (Nasdaq: MCBS) MetroCity Bankshares, Inc., They opened in 2007! But here I go.

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Tapping Sudsy Success on Main Street

PYMNTS

And while the vision of appealing to a mature palate was clear to Marvil and Jones, when it came to actualizing their business idea, the strenuous process would take them down a long, winding road that started with mapping out the scale of their operation before finding the right real estate. “We Growing Thirst for Suds.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

Many of these models target millennials, who now make up the majority of the workforce in the United States, while others (like Tesla’s Supercharger Drive-In) cut across generations to target all types of affluent customers. Vegan fast casual: By Chloe (NYC, Boston, LA, Providence, London). table of contents.