Data Dive, Columbus Edition: Square, PayPal And One Brave Bank Teller

PYMNTS

Today is Columbus Day, a celebration of Christopher Columbus’ “discovery” of Americas 526 years ago. First, Christopher Columbus never actually set foot in North America, so he discovered an America, not the America. In fact, much of what one learned in elementary school about Columbus is a little bit off. And so in celebration of Columbus day, we thought we’d highlight the stories of the week that best embody that spirit of adventure and swashbuckling.

Podcast: How a Community Banker Helped Columbus Discover Modern Architecture

ABA Community Banking

With just 44,000 residents, how did the town of Columbus, Indiana, become one of the nation's leading architectural destinations -- ranked sixth of all U.S. The post Podcast: How a Community Banker Helped Columbus Discover Modern Architecture appeared first on ABA Banking Journal. cities for architectural innovation and design? The answer: a community bank president named J. Irwin Miller.

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Siemens, Bytemark to connect multi-modal transit payments in Columbus, Ohio

Payments Source

Siemens Mobility has announced it’s working with Bytemark, a company Siemens partially owns, to develop a payment solution enabling riders to pay once for a trip across the city using multiple public and private modes of transit, from buses to scooters. Mobile payments Online payments Digital payments Ohio

Ohio Bill Urges Govt. To Adopt Blockchain

PYMNTS

Ohio is hoping its Columbus-based “smart city” efforts will be attractive to the blockchain industry. Blockchain bill bitcoin Columbus cryptocurrency Government House of Represenatives lawmakers News ohio overstock payments Smart City taxes What's HotBlockchain got a boost last week after the Ohio House Of Representatives introduced a bill that would let state government agencies use blockchain technology.

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Organizers propose new bank in Ohio

American Banker

First Bank of Central Ohio would be based near Columbus, where another group opened a bank last year. FDIC Capital De novo institutions Commercial banking Community banks

BofA Will Add 500 New Locations and Redesigns Old Ones With More Tech

Bank Innovation

With these branches, the bank will also move into Cincinnati, Cleveland, and Columbus, Ohio. Bank of America will open 500 new branches in the United States over the course of the next four years, the bank announced today. It will continue to make investments for both physical and digital growth, according to CNBC, and will.Read More. Exclusive Mobile Bank of America BofA branch banking JPMorgan Chase Mobile banking

Kroger Teams With ClusterTruck To Serve Up ‘Ghost Kitchens’

PYMNTS

The Kroger stores slated for the new service are in Indianapolis and greater Columbus, Ohio. The supermarket giant Kroger Co. is launching two “ghost kitchens” in its stores in partnership with Indianapolis-based ClusterTruck , which operates delivery-only restaurants.

TSYS Puts Its TransFirst Assets to Work

Payments Source

billion acquisition of TransFirst, an initiative the Columbus, Ga.-based TSYS is beginning to integrate its $2.4 based processor hopes will substantially extend its ability to serve merchants in the high-pressure arena of multichannel commerce. processing news retail-acquiring

Synovus in Ga. to Buy Specialty Finance Firm

American Banker

Synovus Financial in Columbus, Ga., has agreed to buy Entaire Global Companies in Atlanta. breaking_news national-regional dealmaking-strategy

Huntington Unveils Jobs and Lending Plan for Its Hometown

American Banker

Huntington Bancshares in Columbus, Ohio, said it plans to add 1,000 jobs by 2024 at a new office complex in Columbus and lend $300 million to low- and moderate-income communities in the city over the next five years. breaking_news dealmaking-strategy marketplace-lending commercial-lending small-business oh community-banking national-regional

MCX's CurrentC Pilot to Go Dark June 28

Payments Source

Consumers enrolled in the CurrentC mobile wallet in Columbus, Ohio will be cut off after June 28 when the year-long pilot conducted by Merchant Customer Exchange (MCX) ends. mobile technology processing news retail-acquiring

Synovus Recruits New CFO from SunTrust

American Banker

Synovus Financial in Columbus, Ga., has plucked its next chief financial officer from in-state rival SunTrust Banks. consumer-finance breaking_news people ga recruitment national-regional

Uber's Kalanick Pours $130M Into Ghost Kitchen Properties

PYMNTS

The properties, including closed restaurants, body shops and warehouses and are in cities including Portland, Oregon; Las Vegas, Nevada; Columbus, Ohio; and Nashville, Tennessee.

Huntington Wasting No Time Wringing Profit from FirstMerit Deal

American Banker

Huntington Bancshares in Columbus, Ohio, is wasting no time capitalizing on its purchase of FirstMerit in Akron, Ohio. dealmaking-strategy national-regional

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Fifth Third's Latest Branch Casualty

American Banker

Fifth Third in Cincinnati has closed a branch in downtown Columbus as part of an ongoing streamlining effort. dealmaking-strategy branch-deals consolidation breaking_news national-regional

Bank of Lithuania launches tool to streamline reporting procedures

The Paypers

Bank of Lithuania , together with Columbus Lietuva and Peekdata, introduced a RegTech solution prototype which will automate reporting procedures

Huntington Gains Cyber Expertise by Adding Ex-NSA Agent to Its Board

American Banker

A former cybersecurity expert with the National Security Agency joined the board of directors at Huntington Bancshares in Columbus, Ohio. people oh recruitment national-regional

Kroger Begins Rollout Of Mobile Pay, Loyalty Rewards Card

PYMNTS

The program was introduced in Columbus, Ohio and will start in 10 markets before a nationwide rollout later in the year. The card is currently available in Columbus and Colorado, and is expected to be available for wide use in the spring. Kroger , one of America’s largest supermarket chains, is introducing a new mobile payment option and a loyalty rewards card, according to reports.

Huntington Unveils Jobs and Lending Plan for Its Hometown

American Banker

Huntington Bancshares in Columbus, Ohio, said it plans to add 1,000 jobs by 2024 at a new office complex in Columbus and lend $300 million to low- and moderate-income communities in the city over the next five years. breaking_news dealmaking-strategy marketplace-lending commercial-lending small-business oh community-banking

TSYS Puts Its TransFirst Assets to Work

Payments Source

billion acquisition of TransFirst, an initiative the Columbus, Ga.-based TSYS is beginning to integrate its $2.4 based processor hopes will substantially extend its ability to serve merchants in the high-pressure arena of multichannel commerce. ISO and agent Retailers Payment processing

DoorDash Unveils Latest Growth Strategy: Digital Convenience Stores

PYMNTS

The rollout of DashMart will initially cover eight cities: Chicago, Minneapolis, Columbus, Cincinnati, Dallas, Salt Lake City, the greater Phoenix area and Redwood City, California, wrote Andrew Ladd , director of new verticals at DoorDash, in a piece posted on the company’s website.

Huntington Beats Energy Blues, Reports Increased Profit

American Banker

Huntington Bancshares in Columbus, Ohio, withstood issues in its energy portfolio to report higher quarterly profit. breaking_news oh performance national-regional

Expenses Weigh on Synovus’ Earnings

American Banker

Synovus Financial in Columbus, Ga., reported lower quarterly earnings as salaries and personnel expenses increased. breaking_news dealmaking-strategy performance national-regional

Synovus Profits Rise After 6% Loan Growth

American Banker

Synovus Financial in Columbus, Ga., posted higher third-quarter earnings after booking more loans across several lending categories. breaking_news dealmaking-strategy m-a earnings-community-banks national-regional

Huntington Pours More Sweeteners into FirstMerit Deal

American Banker

Huntington Bancshares in Columbus, Ohio, is significantly raising the ante in philanthropic and community development investments connected to its planned acquisition of FirstMerit. breaking_news dealmaking-strategy m-a small-business mortgage oh national-regional

Synovus Gets Boost from 10% Growth in Investment-Property Loans

American Banker

Synovus Financial in Columbus, Ga., reported higher second-quarter earnings on solid growth in revenue and loans for investment properties. breaking_news dealmaking-strategy ga consumer-finance commercial-lending performance earnings-community-banks housing national-regional

Synovus Gets Boost from 10% Growth in Investment-Property Loans

American Banker

Synovus Financial in Columbus, Ga., reported higher second-quarter earnings on solid growth in revenue and loans for investment properties. breaking_news dealmaking-strategy ga consumer-finance commercial-lending performance earnings-community-banks housing national-regional

Synovus to Settle Check-Kiting Case for $9M

American Banker

Synovus Financial in Columbus, Ga., has agreed to pay nearly $9 million to settle lawsuits that claim the company knew of illegal transactions by one of its clients. breaking_news community-banking enforcement ga national-regional

Amazon Opens NYC Bookstore

PYMNTS

According to a report , the store, which is located in The Shops at Columbus Circle, is 4,000 square feet and is in a mall that was once home to Borders bookstore. The Columbus Circle store in New York City is the first of three retail locations Amazon plans to open in the New York City market. Amazon.com , the eCommerce giant, will open its first bookstore in New York City Thursday (May 25), marking the seventh physical store for the company.

Related’s CEO Predicts People Will Go Back To Offices Before Malls

PYMNTS

Some of the retail properties of Related Companies include The Shops at Columbus Circle and Hudson Yards. In a world after the coronavirus, consumers will have return to work before they go back to the mall per the owner of New York City’s Hudson Yards. “My My guess is we go back to offices first,” Related Companies CEO Jeff Blau recently told CNBC. “I I think retail is going to be a second step. I think retail is going to be much slower to come back.

Payments Exec Joins Board of Texas Capital

American Banker

Watson has been chief information officer at TSYS, a payments processor based in Columbus, Ga., Patricia Watson joined the board of the $19 billion-asset Texas Capital on Friday. since September. breaking_news people bank-technology womenin-banking recruitment tx ga community-banking

Merger Costs Drag Down Huntington's Profit

American Banker

Huntington Bancshares in Columbus, Ohio, reported a second-quarter profit of $175 million, off 11% from the same period in 2015. Part of the reason for the drop was a $21 million charge related to its pending acquisition of FirstMerit in Akron. breaking_news dealmaking-strategy earnings-national-regional-banks performance national-regional

And Then There Were 20 — The Amazon HQ2 Finalists

PYMNTS

all made the cut, as did some surprises like Columbus, Ohio. Columbus, Ohio. The finalists are in, and Amazon has chosen its list of the 20 cities still in the running to be the home of its second headquarters (HQ2), according to Bloomberg reports. Austin, Boston, New York and D.C. Amazon first solicited proposals for its new HQ2 in September 2017.

Amazon Adds More Cities To Whole Foods Delivery

PYMNTS

Amazon also said it has expanded its grocery pickup to Whole Foods Market in Columbus, Ohio. Amazon and Whole Foods Market announced on Wednesday (April 10) that delivery of Whole Foods Market products via Prime Now has been expanded to nine more cities. In a press release , the eCommerce giant said that as of Wednesday, Prime members can shop via Prime Now and get delivery in as fast as an hour.

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Huntington Now Offers Real-Time Payments For Consumers, SMBs

PYMNTS

Through using the RTP network, the Columbus, Ohio-based company will be able to offer receipts and better communication options for payers and payees, including messaging, for both consumer and business customers, the release states. Regional bank holding company Huntington is now using the RTP network, meaning it now has a new real-time payments option to help people get money nearly instantly, according to a press release.