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FIS, The Clearing House Partner To Connect Small, Mid-Sized Lenders To RTP

PYMNTS

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.,

St. Louis 130
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Is commercial lending on the rise?

Independent Banker

What’s driving that for us is the growth of some of our specialty lending businesses,” says Dave Seiler, chief operating officer of First Business Financial Services, Inc., Pent-up demand and access to capital drove record levels of dealmaking last year in both commercial real estate and the mergers and acquisitions (M&A) sector.

Lending 158
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Fed Casting Wary Eye On FinTech Firms’ Infrastructure Access?

PYMNTS

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.

Fintech 148
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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world. The Verizon announcement about the upcoming April launch of the 5G network in the two most important cities in the Midwest (no offense to St.

Mobile 168
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Mobile Payments: Adornments For the U.S., mVisa For The Unbanked In Nigeria

PYMNTS

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.

Mobile 100
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Bringing Omnichannel’s Attention Back To The Curb

PYMNTS

A few years ago, the idea of having items delivered to you in two hours would seem like the future, and Amazon is doing that now,” Kennedy recently told the St. Louis Post-Dispatch. The data show that operating earnings from sales have declined by up to 25 percent as a result of a shift from in-store to online. The Curb Factor

St. Louis 102
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Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

PYMNTS

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.

Retail 116