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NCR Looks To Buy ATM Operator Cardtronics For $1.7 Billion

PYMNTS

He added that Cardtronics’ debit network complements NCR’s payments platform and the combined new entity will offer a comprehensive connection of retail and bank customers “while capitalizing on the banking industry’s transition toward infrastructure outsourcing.”. Other investors include Blackrock Institutional Trust and Vanguard Group.

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How Collectives Aim To Make Cities Into Blockchain Centers

PYMNTS

A group called the Austin Blockchain Collective , for instance, is looking to establish the Texas city as a hub for blockchain innovation. It also has crypto investment funds such as Multicoin Capital and Adamant Capital. The organization has also created working groups to bring companies together that have common interests.

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Neiman Marcus Emerges From Chapter 11

PYMNTS

“While the unprecedented business disruption caused by COVID-19 has presented many challenges, it has also given us the opportunity to reimagine our platform and improve our business,” said Neiman Marcus Group CEO Geoffroy van Raemdonck in a statement. “We Bankruptcy Court for the Southern District of Texas, Houston Division.

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Leena AI Raises $30M To Accelerate Development Of Conversational AI Chatbots For HR

CB Insights

The round drew participation from Greycroft, Bessemer Venture Partners, and B Capital Group. The platform integrates with internal HR systems, such as SAP, Oracle, and Workday, and is used by more than 100 customers, including HDFC Bank, Al-Jazeera, Reserve Bank of India, Odessa, and Houston Methodist. Want the full post?

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15 Minutes With … Jimmy Rasmussen

Independent Banker

Rasmussen: Yes, it is an honor to serve the Group 3 Banks in Texas, southern New Mexico and northern Louisiana for three more years. Group 3 includes the smallest banks in the state with the majority in rural areas. Finally, I focus on economic news in our markets, which include five communities south of Houston.

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Airline Industry Caught In Late Payment Spats

PYMNTS

CNBC reported last week that Airbus is withholding deliveries of A330 passenger jets to Chinese conglomerate HNA Group , claiming its customer is late on payments. “The suppliers are saying, ‘Houston, we have a problem, we need to slow down,'” said AlixPartners Managing Director Eric Bernardini in an interview with WSJ.

Industry 101
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Rescuing The Restaurant Business From App Decline

PYMNTS

Then add in services like Group, LivingSocial, and Restaurant.com, which provide deep discount offers at restaurants throughout the city and suburbs,” said Eddie Fahmy, long-time restaurateur and president at A2Z Restaurant Consulting. It’s a new concept that means both parties win.”.

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