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Branching Out: Physical Locations Boost CUs' Digital Plans

PYMNTS

Vancity said it has agreed to collaborate with North Carolina-based nCino to implement the latter’s Bank Operating System, which will replace its 15-year-old network. The new cloud-based system can help FIs manage loans from origination and review to renewal and modification.

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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.

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Community banks are thriving in Texas

Independent Banker

With the record growth of San Antonio, Houston and Austin, southern Texas is becoming a hub for business. The Houston metro took the 10th spot with a 20.3% It includes Hewlett Packard Enterprise, which is moving its headquarters to the Houston area. Capitalizing on an area’s growing popularity. Photo by Dennis Burnett.

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How QSRs Bring Mobile And Digital Payments To The Table

PYMNTS

In addition, AlipayHK users can tap into a quick response (QR) code-based system for special rewards. Jennifer Tan, chief executive officer of Alipay Payment Services (HK) Limited, said per reports in April that she expects mobile payment systems to continue to grow in popularity.

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Instacart Delivery Coming To Half Of Sam’s Club Locations

PYMNTS

Now $600 million better capitalized, the grocery delivery service as of today (Oct. Markets included in Instacart’s larger footprint will include New Jersey, Indianapolis and Houston, among others, according to the company. It’s been a good week for Instacart. Both are notably cheaper than Amazon Prime’s $119 a year.

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

“Verizon launched the world’s first commercial 5G Ultra Wideband network in October 2018 with the rollout of 5G Home broadband internet service in Houston, Los Angeles, Sacramento and Indianapolis,” the company said. 5G Potential. A glimpse of the 5G future recently came from the Mobile World Congress in Barcelona.

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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. Without the windfall of profit accrued to banks in 2022 because of faster-than-expected rate increases, banks will need to be better allocators of capital.