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Huntington Teams With TCF Financial In $22 Billion Bank Merger

PYMNTS

regional banks. . He added that the two companies are stronger together and in a better position “to support our customers and drive economic growth in the communities we serve.” . The newly-combined company will operate under the Huntington name and brand. term shareholder value.

Detroit 237
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COVID-19 Efforts Top PayPal Global Impact Report

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the California-based online payments system, on Monday (April 27) released its annual Global Impact Report , which typically highlights the firm’s progress on advancing profitability, promoting a diverse workforce, minimizing pollution and operating responsibly. PayPal Holdings Inc.,

Report 168
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These Are Your Most Profitable Cash Management Clients

South State Correspondent

The value driver in cash management is that it is usually some sort of operating account at the bank. As such, operating accounts have low-interest rate sensitivity. We have also included the IBIS World 2024 risk ratings to provide some context for the credit and operating risk of the counterparty.

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Apple To Shutter 30 More US Stores Again Amid Pandemic

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As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. Their reclosures reportedly are a negative barometer of the ease with which retail operations are able to resume throughout the country.

Apple 131
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Is Amazon’s Delivery ‘Purge’ A Boon To Last-Mile Rivals?

PYMNTS

As reported last week, Bear Down Logistics is no longer working with Amazon, with the firm cutting hundreds of jobs in the wake of that severance, and effectively ceasing operations across five states. There are another 120 workers slated to be let go in Michigan. “We Amazon tends to look for little impact through the industry.

Michigan 196
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Visa’s Authorize.Net To Provide SMBs With Offer On Super Bowl Sunday

PYMNTS

The Authorize.net offer extends Visa’s commitment to digitally enable businesses and helps alleviate burdens by minimizing some recurring operational costs. Those efforts include helping the Tampa SMB community get ready for the big game.

Tampa 211
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Credit Issues Stalk Malls And Anchor Tenants

PYMNTS

This creates an exciting opportunity for the communities that surround these properties.”. Writing in NJ Biz, Linfante points to the mall anchors and other tenants that have already closed, expressed financial concerns or filed for bankruptcy that will lead to significant challenges will be faced by regional malls.

NJ 132