PYMNTS

SEPTEMBER 23, 2020

FIS has partnered with The Clearing House (TCH), the operator of the nation’s payments system infrastructure to provide instant settlements to small to mid-sized banks and credit unions (CUs) and their customers. First Bank of St. Louis, one of the largest privately-owned banks in the U.S.,

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PYMNTS

JANUARY 15, 2019

central bank, is getting a bit worried about sharing some of the financial infrastructure with tech upstarts such as OnDeck Capital and Kabbage , a sense of caution that the newswire said puts the bank “at odds with other regulators looking to bring [those firms] into the fold.”. Reuters reported early Monday (Jan.

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Independent Banker

APRIL 30, 2022

Ashley Horner (right), senior vice president and SBA loan administrator, shown with portfolio manager Melanie Elmore, says Summit Bank is on track to make $30 million in SBA loans this year. billion in capital to businesses across its traditional products: 7(a), 504 and microloan programs. Photo: Jon Christopher Meyers.

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PYMNTS

AUGUST 25, 2016

Mobile Payments Startup OPER Raises $750,000. Louis-based startup has defied the odds and raised $750,000 during a slowdown in funding for Fintech startups. Serra Ventures, which provided the financing, is showing confidence in OPER — short for order, pay, earn, redeem — a mobile payments and rewards platform.

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Abrigo

APRIL 22, 2024

The piece covers: The small business lending market and its role in communities and the economy Traditional depository institutions’ changing market share in small business lending The challenges (financial and operational) of small business lending for banks, credit unions, and borrowers. Louis Fed : [S]mall-business loans—i.e.,

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PYMNTS

OCTOBER 12, 2018

And Starbucks has a new investor : Pershing Square Capital Management, the activist hedge fund controlled by activist investor William Ackman, now has about a 1.1 In September , Amazon and Whole Foods Market brought the service to Ann Arbor, Detroit, Jacksonville, Milwaukee, Madison, Omaha, St. percent stake in Starbucks.

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PYMNTS

NOVEMBER 13, 2017

The competition in India for digital payments dominance got that much more competitive this week with the announcement that PayPal has officially launched domestic operations in India. Louis, James Bullard, offered a warning of his own: U.S. PayPal’s India Push. For us, the marathon has just begun.”.

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