article thumbnail

Are Robots Last-Mile Delivery’s Future?

PYMNTS

To provide retailers with an automated option for last-mile deliveries, shipping carriers are entering the world of robotics technology. According to the announcement, the company plans to experiment with the bot in markets such as Memphis, Tenn. — “pending final city approvals.”. along with DEKA Founder Dean Kamen (of Segway fame).

Memphis 175
article thumbnail

Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

billion, on an 82 percent increase in retail sales. The analyst community balked at longer-term questions about the company’s liquidity even though 2019 was the company’s sixth straight year of triple-digit revenue growth with over 177,000 cars delivered and just shy of $4 billion in revenue. Oklahoma City, and Memphis.

Company 130
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Who were ICBA’s Top Lenders of 2022?

Independent Banker

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. First Community Bank of the Heartland, Inc.

article thumbnail

Excited To Help People

Independent Banker

Retail outlets: 11. Its staff had about 40 people, many of its procedures were manual, and its competition was stiff with about five community banks as head-to-head rivals. Gowen chose to add insurance and retail brokerage services to diversify the bank’s revenue streams and more fully serve its customers. Jim Gowen Sr.

St. Louis 105
article thumbnail

At the Speed of Tech

Independent Banker

—Jason Lord, Sunmark Community Bank. SunMark Community Bank. Retail locations: Four. At SunMark Community Bank in Hawkinsville, Ga., There’s really no typical day for Jason Lord, an information security officer at SunMark Community Bank in Hawkinsville, Ga. Photo by Audra Melton. By Judith Sears. Founded: 1949.