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Alacriti Launches RTP Solution For Financial Institutions

PYMNTS

Alacriti is rolling out a new solution that will link banks and credit unions (CUs) with the burgeoning work of real-time payments, or RTP. The New Jersey-based FinTech on Thursday (Oct. Consumer and business demand for instant, 24x7, any-to-any payment experiences is here. 22) unveiled its Cosmos for RTP solution.

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OnDeck’s ODX Digitizes Investors Bank SMB Lending Platform

PYMNTS

New Jersey-based financial institution Investors Bank has announced a collaboration with online small business lending firm OnDeck to digitize its own small to medium-sized business (SMB) lending operations. The companies announced their collaboration in a press release Monday (Oct.

Lending 101
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Popular Bank Implements Branch Realignment in the New York Metro Region to Enhance Focus on Communities and Small Business Support

PopularBank

Popular Bank is optimizing its resources to better support the changing customer experience and enhance our offering to consumers and small businesses. Customers will continue to have access to Popular’s digital banking tools, as well as the 55,000 ATMs within the AllPoint Network 1 across the United States.

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Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations

PYMNTS

John Cronin, an analyst at Goodbody’s, told the Financial Times that by using banking partnerships, Amazon could “significantly extend” its SMB lending platform, “without any associated credit risk of regulatory obligations (in the context of capital and liquidity and so forth).”.

Austin 131
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Walmart Bot Strategy Is Not To Use Them

PYMNTS

The company is about to dump millions into tech upgrades, but the real investment it’s making is in human capital. Walmart has “started to invent the future of shopping again,” using technology to empower associates and improve the customer experience, McMillon told 14,000 associates during the company’s 47 th Annual Shareholders Meeting.

Strategy 109
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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. picks up Bancorp of New Jersey, Inc. Best of luck in the next chapter, Chris!

Idaho 148
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The 2022 GonzoBanker Awards

Gonzobanker

2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. The Smarter Bank Customer Experience Award.

Community 216