Tech Center: Charlotte On The Edge of Tech Greatness


Just west of the Research Triangle in North Carolina, Charlotte’s technology industry has been slowly growing over the past few years. million over the course of the next three years to build up a FinTech hub in Charlotte. In this week’s Tech Center tracker, Michael Praeger, CEO of AvidXchange , spoke with PYMNTS about how Charlotte is the next big tech arena on the East Coast. MP: Charlotte offers a quality-of-life benefit that’s unmatched.

Charlotte Russe Closing 95 Stores After Chapter 11 Filing


Charlotte Russe, a retailer aimed toward young women’s fashion, has filed for Chapter 11 bankruptcy protection, according to reports.

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PayPal Scraps Charlotte Expansion Plans, Citing Anti-LGBT Law

Payments Source

is scrapping plans to build an operations center in Charlotte, North Carolina, saying that recent legislation passed in the state undercuts the rights of lesbian, gay, bisexual and transgender people. PayPal Holdings Inc.

Coronavirus Refunds: Students Seek Refunds From NC Universities In Suits; Cardinals To Reimburse Fans For Tickets


UNC Charlotte, UNC Wilmington, UNC Asheville and East Carolina University were reportedly named in complaints that seek to be class actions. The coronavirus pandemic is upsetting normal life the world over, and plenty of consumers want refunds on things they paid for but aren’t able to use.

Charlotte, NC – the next fintech hub?


Charlotte, NC – the next fintech hub? JP Nicols hosts author Brian Patrick Eha on this week's Breaking Banks episode, where they talk about cryptocurrency and bitcoin. on BankNXT. Fintech Payments Podcasts bitcoin Breaking Banks Brett King cryptocurrency Dave Birch JP Nicols Rachel Morrissey

FinTech Startups in Charlotte Present their Innovations to PayCLT

Let's Talk Payments

On May 6th the PayCLT event showcased ten FinTech startups and allowed their founders an opportunity to pitch their companies and answer questions posed by the industry experts in the. Accelerators Cards Commerce Fintech Payments insights US

AI-Powered Fraud Scoring in Emerging Payments [payCLT Event in Charlotte]

Let's Talk Payments

As the series of payCLT events in Charlotte continue to roll out, another one was held on April 15 with Todd Clark, General Manager of First Data’s STAR Network, as the guest speaker. Analytics Apple Pay Commerce Data Analysis EMV Fintech Fraud / Risk Innovation Insights Money Transfer NFC Payments First Data insights US

In Pursuit of a Better Payment System [payCLT Meeting in Charlotte]

Let's Talk Payments

As the payCLT meeting in Charlotte resumed today, Federal Reserve Banks have come up with five strategies for building a faster and safer payment ecosystem. Why pursue a payments improvement. Authentication Banking Cybersecurity Fintech Fraud / Risk Insights insights US

B of A, Wells Tell Charlotte Workers to Stay Home Amid Unrest

American Banker

Big banks in Charlotte, N.C., on Thursday told employees to work from home, following a second night of unrest in the city. breaking_news nc national-regional

Factors Driving Customer Adoption of Mobile Payments [payCLT Event in Charlotte]

Let's Talk Payments

As the series of payCLT events in Charlotte continue to roll out, another one was held on March 4, which covered adoption of mobile payments adoption, a discussion led by. Cards EMV Fraud / Risk Mobile Mobile Wallet insights US

Walmart’s Allswell Goes On Tour; Target To Expand Debut Of New Loyalty Program


Fashion retailer Charlotte Russe , which has over 500 stores in the U.S., Charlotte Russe also has a debtor-in-possession funding commitment for up to $50 million. cities — Phoenix, Denver, Kansas City, Indianapolis and Charlotte.

Bank of Charlotte County in Va. Hires Next Chief

American Banker

said in a press release Friday that Dabney Gilliam, its chief administrative officer, will resign at the end of this month to join Bank of Charlotte County. American National Bankshares in Danville, Va., breaking_news people recruitment va community-banking

Bionic Charlotte’s Web: Could Spiders Produce The Next Super-Strong Material?

CB Insights

The natural strength and toughness of spider silk makes it one of the most complex and fascinating materials on earth. And with a little chemical enhancement, researchers just created a version that’s three times stronger and ten times tougher.

Visa Hiring Third Party To Look Into UK Payment Outage


According to a report in , Charlotte Hogg, Visa’s Europe chief executive, wrote in a letter to the Treasury Select Committee that Visa is undertaking a “rigorous internal review” as well as having a third party investigate the matter. VISA Charlotte Hogg credit cards News Visa Visa Europe Visa Outage Visa UK What's HotVisa is gearing up to hire an outside party to investigate an outage in the U.K. of its card payment services.

EMV in the US: Are We There Yet? [payCLT Event in Charlotte]

Let's Talk Payments

The topic for the February 17th payCLT event was a panel discussion on “EMV: Fact vs. Fiction”. With a diverse set of speakers from various parts of the EMV ecosystem. Cards EMV Mobile NFC Payments insights payCLT US

AvidXchange eyes acquisitions after latest funding round

Bank Innovation

Using accounts payable software, the Charlotte, N.C.-based AvidXchange is eyeing additional acquisitions and scalability after scoring an additional $128 million in equity capital on the heels of its $260 million funding round in January, CEO Michael Praeger told Bank Innovation.

Queen City Fintech Spring 2017 Accelerator Class Kicks off

Let's Talk Payments

Sponsors and Mentors Welcome 12 Companies to the Queen City CHARLOTTE, N.C. More than 100 people, from banking executives to entrepreneurs to civic leaders of Charlotte, gathered at HQ.

With HCS, Ally grows its point-of-sale loan capabilities

Bank Innovation

Ally Bank has confirmed the completion its acquisition of Health Credit Services, a Charlotte-based tech company that partners with medical providers to offer patients financing for products and services that aren’t covered by insurance.

Truist taps clients to help revamp tech   


The Charlotte, N.C.-based Truist Bank, the result of the December SunTrust and BB&T merger, is building out its digital channels through daily customer feedback and regular client sessions at the bank’s innovation labs.

Queen City FinTech Opens Applications for 2017 Accelerator Program

Let's Talk Payments

Charlotte, NC – Queen City Fintech begins accepting applications for its 2017 accelerator program Monday from October 3, 2016. Hundreds of financial technology, or FinTech, startups are expected to apply. Accelerators Fintech News Asia Europe news US

Bank of America Quietly Surpasses 20 Million Mobile Users

Bank Innovation

Charlotte, N.C.-based based Bank of America has passed the 20 million mark in active mobile users. No announcement was made, but a spokeswoman for the bank disclosed to Bank Innovation yesterday that the milestone has been crossed. The bank reported 19.6

Bank of America’s Head of Digital to Speak at Bank Innovation ’17

Bank Innovation

Achtner leads Bank of America’s Digital Banking Practice, responsible for the development and deployment of digital solutions for the Charlotte, N.C.-based Edward “EJ” Achtner, Bank of America‘s Head of Digital Banking – Strategy, Platforms, Innovation, and Partnerships, has joined the Bank Innovation 2017 speaker faculty.

Queen City Fintech Welcomes 2017 Accelerator Class

Let's Talk Payments

Program received applications from over 25 countries Charlotte, NC – Almost 150 applied, only 12 were selected. Is the next PayPal, Lending Tree, or Square among them? We may find. Accelerators Fintech News news US

Things worth reading: 15th March 2017

Chris Skinner

The Future of Digital Payments: Queen City FinTech Demo Day

Let's Talk Payments

On June 1, 2016, the Queen City FinTech Demo Day took place at the Fillmore in Charlotte, NC and gave area industry experts the forum to discuss the latest trends.

Role of Banks in the World of P2P and Digital Wallet Payments: A PayCLT Event

Let's Talk Payments

On Friday June 17, 2016, PayCLT reconvened in The Garage at Packard Place in Charlotte, NC for their bi-weekly meeting where local industry experts gather to discuss the latest trends.

Coronavirus Refunds: Jimmy Buffett Fans To Get Reimbursement Option For Tour


The concert at Charlotte, North Carolina’s PNC Music Pavilion has been rescheduled to April 24, 2021 and the concert at the Boston, Massachusetts Xfinity Center has been rescheduled for Aug.

Sizzle/Fizzle: Snap Earnings Sizzle, Bitcoin Fizzles


Brick and mortar: Takes another hit as Charlotte Russe files for bankruptcy protection, and will shutter almost 20 percent of its 500 locations across the country. Charlotte Russe is in the midst of seeking a buyer, according to reports. Sizzle.

Southeast Fintech Venture Conference Announces Pitch Lineup

Let's Talk Payments

Major FinTech Hubs in the Southeast Represented Charlotte, NC – The inaugural Southeast Fintech Venture Conference Committee has selected the first batch of companies to pitch on November 20th. Fintech News Startups Asia Ceterus Europe Honeyfi LumoXchange Monotto news Payzer Trust Stamp UBack US

Things worth reading: 2nd March 2017

Chris Skinner

B of A Names Former DirecTV Exec to Its Board

American Banker

The Charlotte, N.C., company on Thursday appointed Michael White, former chairman and chief executive at DirecTV, effective immediately. breaking_news people nc national-regional

1200+ Retail Store Closings Announced So Far In 2020


Last year, 9,200 stores closed, including locations like Payless ShoeSource, Fred’s, Gymboree and Charlotte Russe. The new year has not been kind to retail stores around the country, as the trend of accelerating store closings continues, according to a report by Yahoo! Finance.

Retail 239

BNP Paribas Rolls Out New Payment Tracking Service


In a PYMNTS B2B API Tracker from February, Charlotte Hausemer , vice president of innovation and product management for trade and treasury at BNP Paribas, said APIs can be extremely useful in offering enhanced, 24/7 bank access.

Walmart Teams With Postmates To Deliver More Groceries To Homes


In a press release , the companies said Postmates will help power Walmart’s Online Grocery Deliveries starting in Charlotte, North Carolina, and expanding into other markets in the next few months. With the help of Postmates , we’re making grocery shopping even easier by bringing the every day low prices of Walmart right to the front door of customers in Charlotte, with more areas to be added soon.”.

The Finanser’s Week: 27th February – 5th March 2017

Chris Skinner

It will only take you ten minutes, so … The latest news headlines … American Express: mettle fatigue – Financial Times Consumers have more choices than ever for high-end credit cards Mark Carney’s incoming deputy under fire for family links to Barclays Bank – The Telegraph Bank deputy Charlotte Hogg ‘must avoid conflicts of interest’ – BBC Charlotte Hogg, a new Bank of England deputy governor, must avoid conflicts of interest, say MPs.