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NCR Looks To Buy ATM Operator Cardtronics For $1.7 Billion

PYMNTS

Retail and hospitality technology firm NCR Corporation is looking to acquire ATM operator Cardtronics for $39 per share, or about $1.7 Cardtronics, based in Houston, Texas, specializes in managing ATMS and self-service financial kiosks. 11) press release. .

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Texas Capital Bank Abandons Merger with Independent Bank

Banking Exchange

The impact of the COVID-19 pandemic has heavily impacted the two banks’ plans to combine operations Management Feature Financial Trends Lines of Business M&A Feature3 Operational Risk Covid19 Human Resources PPP.

Texas 78
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TAB Bank Expands With $46M Acquisition Deal For BAMFi’s Capital Division 

PYMNTS

TAB Bank is acquiring BAMFi’s BAM Capital Division in a $46 million deal, TAB announced on Tuesday (Nov. As part of the acquisition, BAM’s office in Dallas, Texas will be retained by TAB Bank , including both operations and staff. This is the digital bank’s fourth acquisition of a working capital loan portfolio.

Capital 130
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JD Sports Purchases California-Based Shoe Palace

PYMNTS

Overall cash consideration for the purchase of the company is $325 million, which is subject to “customary cash/debt and working capital adjustments,” of which $100 million has been deferred and will be paid on different dates over the 12 months to come. California-based Shoe Palace was started in 1993 by the Mersho family.

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B2B Investors Reveal Their Appetite For ResTech

PYMNTS

Coatue, BoxGroup, Conversion Capital, Soma Capital, Backend Capital and more than 50 startup founders also participated. Outrider has developed an autonomous distribution yard truck that aims to propel the adoption of self-operating vehicles within the supply chain.

Capital 181
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MoneyGram Extends Relationship With Walmart

PYMNTS

through March 2024, the Texas-based company announced on Tuesday (Oct. In July, the company reported that its online transaction volume grew 106 percent year over year during the second quarter, as the firm capitalized on a digital transformation that began long before the pandemic. . million in Q2. “As

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Commercial Credit Trends – Where to Tread Carefully

South State Correspondent

This data is critical for pricing, capital allocation, and marketing. The operative question is when commercial PODs will show a spike. As can be seen, Arizona and Texas have the largest increases in credit risk, while Minnesota and Maine are the most stable. Once again, it is time to play more defense.

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