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Walmart Teams With Ford, Postmates For Delivery Program

PYMNTS

According to the blog post, the retailer currently has grocery delivery available in almost 100 metro regions and β€œis continuing to innovate to find new ways to serve customers – better, faster and easier.”. households. Walmart U.S. So, we are on a mission to do more than keep a little extra money in their pockets.

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BB&T And SunTrust To Merge

PYMNTS

BBT ) announced a $66 billion merger Thursday (February 7), combining the two regional banks. The new combined entity will be based in Charlotte, N.C., The board and executive management team will be evenly split between both banks. SunTrust Banks Inc. ( STI ) and BB&T Corp. ( bank based on assets and deposits.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Popular projects for 2023 include online loan and deposit onboarding utilizing third-party data to speed the process, compliance-as-a-service, payments, card controls, service case management, leveraging data for customer insights, and providing open banking APIs to customers. Sectors like office, retail, and hospitality, are even worse.

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Belk Works On Building Its New Legacy

PYMNTS

Small and regional β€” outside of the Southeastern United States, most people haven’t heard of it. About a year and a half after the chain was sold off to a private equity group, Charlotte-based Belk is opening up new stores, though less well-performing ones are being shuttered. It’s growing.

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Morning Scan: BofA's Stress Test Team; Hedge Funds Sue Puerto Rico GDB

American Banker

BofA has fallen short on the test three of the past five years, and the bank has opted this year to employ a manager, not a numbers cruncher, to lead the team working to satisfy the complicated and controversial post-crisis regulation. The Charlotte, N.C., firm was the…

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The Great Grocery Race Shifts Into High Gear

PYMNTS

The players are many β€” but in the last year and a half, Walmart, Amazon and Kroger have managed to pull ahead in the earliest rounds of the race in terms of the breadth and depth of their enhanced offerings for consumers. Jet will also factor in locality when deciding which products are featured in its assortment for that region.

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How to Offset an Evaporating Data Center

Gonzobanker

Attracting and keeping technology talent at a regionally based financial institution is a constant struggle. Industry-specific tech talent is consolidating and migrating to programmer and megabank community hotspots in San Jose, Seattle, San Francisco, Boston, Raleigh, Charlotte, Atlanta and Phoenix. Tech Talent Famine.

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