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The Detroit, Mich.-based based online-only bank, Ally Financial, had 120,000 new deposit customers in the first quarter on 2019, CEO Jeff Brown said on the bank's 1Q earnings call Thursday, bringing the Ally’s total depositor count to 1.77 million — a 20% YoY increase. CFO Jennifer LaClair said new customers accounted for 56% of Ally's balance […]. Capital Exclusive Experience & Design? MORE
JPMorgan Chase, drawing from its experience in the Motor City, has created a $125 million program designed to help community development financial institutions make bigger investments in impoverished neighborhoods. national-regional strategic-alternatives dealmaking-strategy MORE
Institutions see opportunity in Detroit, reversing trend of shrinking branch footprint Management M&A. 1Management MORE
The Detroit-based parent company of Rocket Mortgage and Quicken Loans listed the size of its initial public offering as $100 million and says it made a profit the past three years. Mortgages IPOs Quicken Loans MORE
15 Percent of the Detroit Lions Gridiron Club members who’ve tested their new order-ahead app so far. Today In Data Detroit Lions Dunkin’ Donuts mobile apps News parking meters payments data QSRs Today in Data trafficMaking life simpler for consumers is usually the task of companies that have to build the technology that enables that simplicity. Challenges aside, the technological streamlining beat goes on, pretty much wherever you look. MORE
For example, investigative reporters from Detroit’s WXYZ found tractor trailers lined up around the street trying to deliver and pick up packages at the U.S. Postal Service Detroit Network Distribution Center in Allen Park. MORE
Detroit MI: Autobooks, a financial technology company that builds cash management tools to help small business owners, announced the closing of a $5.5 million Series A financing round led by. Funding News news US MORE
Did you miss my webinar with the Detroit Adobe Experience Meetup on Sling RepoInit ? Sling RepoInit is a newer technology which enables projects to set up permissions, configurations and content via OSGi configurations in a purpose-built grammar. Check out the presentation deck and recording to see how RepoInit could be useful on your project. Watch the Recording. Adobe Experience Management Adobe Experience Manager Apache Sling webinar MORE
For those in the Detroit area, the Perficient office in Livonia is hosting the SouthEast Michigan Atlassian User Group (AUG) on April 24th. The AUG commonly meets in the Livonia/Detroit Perficient office for the Tuesday evening event, followed by an encore presentation at lunch the following day in Ann Arbor at the Ithaka office. The SouthEast Michigan AUG meets the last Tuesday of every other month for the 2018 year. MORE
Originations in the third quarter are on pace to double what the Detroit lender reported a quarter earlier, adding more high-yielding loans to the balance sheet. MORE
Intel subsidiary Mobileye is working on updates for its autonomous vehicle program, planning to launch test fleets in Detroit, Tokyo, Paris and Shanghai, TechCrunch reported. MORE
In other self-driving news, Reuters is reporting that Waymo, a company under the umbrella of Alphabet, which owns Google, has picked a Detroit factory to make self-driving cars. Waymo’s CEO John Krafcik said the company was teaming up with American Axle & Manufacturing to redo a Detroit factory, with the aim of it being operational by the middle of 2019. Tesla CEO Elon Musk said he will launch the company’s robotaxi program by 2020, according to reports. “I MORE
Discover Ranks highest in credit card customer satisfaction for third consecutive year DETROIT: 18 August 2016 — At least one in five credit card customers are carrying the wrong card, Cards Commerce Credit Unions News Payments Asia Europe insights US MORE
Perficient is excited to announce that our Detroit office has officially been named a 2020 Top Workplace in Michigan! So what makes our Detroit office a top workplace? What else makes Detroit a great place to work? MORE
If there is one reason retailers must move forward with a mobile app strategy it’s this: consumers not paying in cash spend an average of 13 percent more when it’s a mobile payment experience MORE
This partnership will provide us the opportunity for deeper investments in our communities, more jobs in Detroit, an increased commitment in Minneapolis and a better experience for our customers,” Torgow said. “We MORE
The company was started by Dan Gilbert , a Detroit billionaire and now the chairman and majority owner of the NBA’s Cleveland Cavaliers. Gilbert has been credited with revitalizing Detroit, and joined Warren Buffett and Bill and Melinda Gates’ “Giving Pledge” to donate most of their wealth to charity. IPO Dan Gilbert Detroit home sales ipo mortgage lender News pandemic quicken loans What's Hot MORE
The Seattle startup went so far as to open a Detroit office to cozy up to the auto industry. Mighty AI spent much of its first five years building software that helps self-driving cars recognize real-world objects. Then last February, Mighty AI’s sales team received an unusual request: Instead of identifying pedestrians and cars, could they track […]. Bloomberg Exclusive Mobile Operations Payments Premium Amazon artificial intelligence cashless MORE
But you wouldn’t know it by looking at the lineup of this year’s North American International Auto Show in Detroit. High-riding, gas-guzzling, wide-bodied SUVs were more popular among U.S. and international drivers than ever in 2016. Half of the 20 new models unveiled this year were sedans, station wagons and coupes. Which seems odd, since SUVs, trucks and crossover models by far outsold traditional car models in 2016. MORE
The Detroit-area credit union is offering consumers within five zip codes free trips to voting sites on Election Day. Elections Election 2020 Michigan Lyft MORE
First Independence Bank was founded 50 years ago to help rebuild Detroit's economy in the wake of damaging urban violence. Today, in a new era of economic hardship due to the coronavirus pandemic, and protests and unrest in response to incidents of racial injustice, minority depository institutions continue to have a unique role in serving distressed communities. The post Podcast: Minority Banks and Financial Inclusion appeared first on ABA Banking Journal. MORE
The Detroit regional relied on smaller teams, flexible deadlines and tightly defined tasks to convert the systems of Chemical Financial and rebrand. M&A Coronavirus Growth strategies Integrations MORE
The Detroit automaker says it will stick to car loans and steer clear of mortgage lending if regulators approve its application to establish an industrial bank. MORE
The automobile maker, one of the “Big Three” in Detroit, has been casting a wide net for autonomous vehicle tech, and wants to keep pace with rivals in Detroit. Merchant Innovation automakers Autonomous vehicles AutoX china Detroit Fiat Chrysler Innovation News partnerships robotaxi Self-Driving Cars tech companies Waymo What's Hot MORE
Oakland, San Jose, San Francisco, Detroit, Austin, Boston and Chicago. Detroit. Amazon is opening a 1 million-square-foot warehouse in metro Detroit and plans to hire 1,000 employees to fill it. Amazon Amazon Concord Amazon Detroit Amazon Headquarters Amazon Jobs Amazon Mexico City Amazon offices Amazon San Diego Amazon warehouses ecommerce eCommerce giant international News Retail Whole Foods MORE
What I've heard multiple times is, ‘Why did [the bank] think I was in Detroit? I've never been to Detroit. MORE
The Detroit, Mich.-based Ally Financial is reigning in its appetite for new business growth, a pivot that has prompted a mutual termination of its pending CardWorks acquisition as it retreats to focus on its existing business lines, CEO Jeffrey Brown said on the company’s second-quarter earnings call today. based Ally, which has $182.5 billion in assets, […]. Carousel Corporate Banking Innovation Strategy Lending Premium Retail Banking Ally Financial CardWorks coronavirus pandemic MORE
But Detroit-based Ally, which has no branches, was the one of the earliest digital-only banking players, rolling out a product suite a decade ago when it rebranded from General Motors Acceptance Corporation. With the rise of digital-only challenger banks, it’s easy to overlook Ally Bank. MORE
The campaign will also offer financial literacy programs, produced in partnership with WFCU’s NFL partner, the Detroit Lions. Credit Unions AI CO-OP Financial Services Credit Union Tracker credit unions Detroit Lions disaster relief hurricane michael Innovations federal credit union League of southeastern credit Unions machine learning Main Feature natural disaster News predictive analytics Tracker Series voice MORE
The team was set to participate in home games against Vancouver, Dallas, Arizona and Detroit. As the pandemic continues to disrupt everyday life the world over, many consumers want refunds on things they paid for but aren’t able to use. For example, sports teams are offering fans reimbursements for games that won’t be played amid the pandemic. MORE
Detroit Lions Add Mobile Order-Ahead to the Playbook. To tackle the issue, the Detroit Lions are exploring whether mobile order-ahead for pickup can remove that pain for fans seated in its Gridiron Club section, as well as drive traffic to the four new restaurants available at the club. Mobile Order Ahead Detroit Lions Featured News food pickup mobile order ahead MOBILE ORDER-AHEAD TRACKER Mobile ordering Tracker Series MORE
The Detroit company said that David Provost, former CEO of Chemical Financial, will become its CEO. Regional banks Growth strategies Succession planning MORE
Mobileye Expands Self-Driving Vehicle Tests To Detroit, Tokyo, Paris, Shanghai. Mobileye, an Intel subsidiary, is working on revisions for its self-driving vehicle effort, as it reportedly intends to roll out test fleets in Shanghai, Paris, Tokyo and Detroit. MORE
He then moved to Detroit to help his friend open a commercial recording studio and took on a position teaching music. The Perficient team gave a presentation on an upcoming Campus Program that our Detroit office would be hosting. Development Interviews Life at Perficient Platforms and Technology AEM AEM+React career change Career Growth coding Detroit Individual Impact Music new hire react technical consulting wellness Work Life Balance MORE
The Detroit company will provide grants over the next three years to promote homeownership and help small businesseses struggling to recover from the pandemic and civil unrest. Ally Financial Non-profits Under-served populations MORE
Detroit Related Topics PYMNTS
JANUARY 11, 2021
Intel subsidiary Mobileye is working on updates for its autonomous vehicle program, planning to launch test fleets in Detroit, Tokyo, Paris and Shanghai, TechCrunch reported.
Perficient
NOVEMBER 9, 2020
Perficient is excited to announce that our Detroit office has officially been named a 2020 Top Workplace in Michigan! So what makes our Detroit office a top workplace? What else makes Detroit a great place to work?
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PYMNTS
MARCH 16, 2018
Detroit Lions Add Mobile Order-Ahead to the Playbook. To tackle the issue, the Detroit Lions are exploring whether mobile order-ahead for pickup can remove that pain for fans seated in its Gridiron Club section, as well as drive traffic to the four new restaurants available at the club. Mobile Order Ahead Detroit Lions Featured News food pickup mobile order ahead MOBILE ORDER-AHEAD TRACKER Mobile ordering Tracker Series
Mobile Payments Today
AUGUST 4, 2016
If there is one reason retailers must move forward with a mobile app strategy it’s this: consumers not paying in cash spend an average of 13 percent more when it’s a mobile payment experience
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PYMNTS
APRIL 23, 2019
In other self-driving news, Reuters is reporting that Waymo, a company under the umbrella of Alphabet, which owns Google, has picked a Detroit factory to make self-driving cars. Waymo’s CEO John Krafcik said the company was teaming up with American Axle & Manufacturing to redo a Detroit factory, with the aim of it being operational by the middle of 2019. Tesla CEO Elon Musk said he will launch the company’s robotaxi program by 2020, according to reports. “I
Perficient Data & Analytics
APRIL 23, 2018
For those in the Detroit area, the Perficient office in Livonia is hosting the SouthEast Michigan Atlassian User Group (AUG) on April 24th. The AUG commonly meets in the Livonia/Detroit Perficient office for the Tuesday evening event, followed by an encore presentation at lunch the following day in Ann Arbor at the Ithaka office. The SouthEast Michigan AUG meets the last Tuesday of every other month for the 2018 year.
PYMNTS
JANUARY 12, 2021
Mobileye Expands Self-Driving Vehicle Tests To Detroit, Tokyo, Paris, Shanghai. Mobileye, an Intel subsidiary, is working on revisions for its self-driving vehicle effort, as it reportedly intends to roll out test fleets in Shanghai, Paris, Tokyo and Detroit.
Perficient
JULY 13, 2020
Did you miss my webinar with the Detroit Adobe Experience Meetup on Sling RepoInit ? Sling RepoInit is a newer technology which enables projects to set up permissions, configurations and content via OSGi configurations in a purpose-built grammar. Check out the presentation deck and recording to see how RepoInit could be useful on your project. Watch the Recording. Adobe Experience Management Adobe Experience Manager Apache Sling webinar
PYMNTS
FEBRUARY 10, 2020
The automobile maker, one of the “Big Three” in Detroit, has been casting a wide net for autonomous vehicle tech, and wants to keep pace with rivals in Detroit. Merchant Innovation automakers Autonomous vehicles AutoX china Detroit Fiat Chrysler Innovation News partnerships robotaxi Self-Driving Cars tech companies Waymo What's Hot
PYMNTS
JUNE 11, 2020
The company was started by Dan Gilbert , a Detroit billionaire and now the chairman and majority owner of the NBA’s Cleveland Cavaliers. Gilbert has been credited with revitalizing Detroit, and joined Warren Buffett and Bill and Melinda Gates’ “Giving Pledge” to donate most of their wealth to charity. IPO Dan Gilbert Detroit home sales ipo mortgage lender News pandemic quicken loans What's Hot
American Banker
APRIL 5, 2016
JPMorgan Chase, drawing from its experience in the Motor City, has created a $125 million program designed to help community development financial institutions make bigger investments in impoverished neighborhoods. national-regional strategic-alternatives dealmaking-strategy
PYMNTS
SEPTEMBER 15, 2017
Oakland, San Jose, San Francisco, Detroit, Austin, Boston and Chicago. Detroit. Amazon is opening a 1 million-square-foot warehouse in metro Detroit and plans to hire 1,000 employees to fill it. Amazon Amazon Concord Amazon Detroit Amazon Headquarters Amazon Jobs Amazon Mexico City Amazon offices Amazon San Diego Amazon warehouses ecommerce eCommerce giant international News Retail Whole Foods
PYMNTS
NOVEMBER 14, 2018
The campaign will also offer financial literacy programs, produced in partnership with WFCU’s NFL partner, the Detroit Lions. Credit Unions AI CO-OP Financial Services Credit Union Tracker credit unions Detroit Lions disaster relief hurricane michael Innovations federal credit union League of southeastern credit Unions machine learning Main Feature natural disaster News predictive analytics Tracker Series voice
PYMNTS
MARCH 16, 2018
15 Percent of the Detroit Lions Gridiron Club members who’ve tested their new order-ahead app so far. Today In Data Detroit Lions Dunkin’ Donuts mobile apps News parking meters payments data QSRs Today in Data trafficMaking life simpler for consumers is usually the task of companies that have to build the technology that enables that simplicity. Challenges aside, the technological streamlining beat goes on, pretty much wherever you look.
American Banker
OCTOBER 20, 2020
The Detroit-area credit union is offering consumers within five zip codes free trips to voting sites on Election Day. Elections Election 2020 Michigan Lyft
Bank Innovation
SEPTEMBER 5, 2019
But Detroit-based Ally, which has no branches, was the one of the earliest digital-only banking players, rolling out a product suite a decade ago when it rebranded from General Motors Acceptance Corporation. With the rise of digital-only challenger banks, it’s easy to overlook Ally Bank.
American Banker
OCTOBER 26, 2020
The Detroit company said that David Provost, former CEO of Chemical Financial, will become its CEO. Regional banks Growth strategies Succession planning
American Banker
AUGUST 17, 2020
The Detroit regional relied on smaller teams, flexible deadlines and tightly defined tasks to convert the systems of Chemical Financial and rebrand. M&A Coronavirus Growth strategies Integrations
American Banker
DECEMBER 17, 2020
The Detroit automaker says it will stick to car loans and steer clear of mortgage lending if regulators approve its application to establish an industrial bank.
Bank Innovation
APRIL 19, 2019
The Detroit, Mich.-based based online-only bank, Ally Financial, had 120,000 new deposit customers in the first quarter on 2019, CEO Jeff Brown said on the bank's 1Q earnings call Thursday, bringing the Ally’s total depositor count to 1.77 million — a 20% YoY increase. CFO Jennifer LaClair said new customers accounted for 56% of Ally's balance […]. Capital Exclusive Experience & Design?
Perficient
JUNE 26, 2020
He then moved to Detroit to help his friend open a commercial recording studio and took on a position teaching music. The Perficient team gave a presentation on an upcoming Campus Program that our Detroit office would be hosting. Development Interviews Life at Perficient Platforms and Technology AEM AEM+React career change Career Growth coding Detroit Individual Impact Music new hire react technical consulting wellness Work Life Balance
ABA Community Banking
DECEMBER 2, 2016
Institutions see opportunity in Detroit, reversing trend of shrinking branch footprint Management M&A. 1Management
Bank Innovation
JANUARY 22, 2019
The Seattle startup went so far as to open a Detroit office to cozy up to the auto industry. Mighty AI spent much of its first five years building software that helps self-driving cars recognize real-world objects. Then last February, Mighty AI’s sales team received an unusual request: Instead of identifying pedestrians and cars, could they track […]. Bloomberg Exclusive Mobile Operations Payments Premium Amazon artificial intelligence cashless
American Banker
SEPTEMBER 15, 2020
Originations in the third quarter are on pace to double what the Detroit lender reported a quarter earlier, adding more high-yielding loans to the balance sheet.
American Banker
JULY 8, 2020
The Detroit-based parent company of Rocket Mortgage and Quicken Loans listed the size of its initial public offering as $100 million and says it made a profit the past three years. Mortgages IPOs Quicken Loans
American Banker
JULY 16, 2020
The Detroit lender disclosed that the consumer bureau had sent a civil investigative demand to Rocket Homes Real Estate for potential violations of the Real Estate Settlement Procedures Act. Rocket Loans Mortgages RESPA IPOs Enforcement actions Real estate CFPB Quicken Loans
American Banker
SEPTEMBER 24, 2020
The Detroit company will provide grants over the next three years to promote homeownership and help small businesseses struggling to recover from the pandemic and civil unrest. Ally Financial Non-profits Under-served populations
Let's Talk Payments
MARCH 14, 2017
Detroit MI: Autobooks, a financial technology company that builds cash management tools to help small business owners, announced the closing of a $5.5 million Series A financing round led by. Funding News news US
BankInovation
JULY 17, 2020
The Detroit, Mich.-based Ally Financial is reigning in its appetite for new business growth, a pivot that has prompted a mutual termination of its pending CardWorks acquisition as it retreats to focus on its existing business lines, CEO Jeffrey Brown said on the company’s second-quarter earnings call today. based Ally, which has $182.5 billion in assets, […]. Carousel Corporate Banking Innovation Strategy Lending Premium Retail Banking Ally Financial CardWorks coronavirus pandemic
Let's Talk Payments
AUGUST 20, 2016
Discover Ranks highest in credit card customer satisfaction for third consecutive year DETROIT: 18 August 2016 — At least one in five credit card customers are carrying the wrong card, Cards Commerce Credit Unions News Payments Asia Europe insights US
PYMNTS
DECEMBER 14, 2020
This partnership will provide us the opportunity for deeper investments in our communities, more jobs in Detroit, an increased commitment in Minneapolis and a better experience for our customers,” Torgow said. “We
PYMNTS
DECEMBER 23, 2020
For example, investigative reporters from Detroit’s WXYZ found tractor trailers lined up around the street trying to deliver and pick up packages at the U.S. Postal Service Detroit Network Distribution Center in Allen Park.
ABA Community Banking
JUNE 17, 2020
First Independence Bank was founded 50 years ago to help rebuild Detroit's economy in the wake of damaging urban violence. Today, in a new era of economic hardship due to the coronavirus pandemic, and protests and unrest in response to incidents of racial injustice, minority depository institutions continue to have a unique role in serving distressed communities. The post Podcast: Minority Banks and Financial Inclusion appeared first on ABA Banking Journal.
PYMNTS
DECEMBER 7, 2020
What I've heard multiple times is, ‘Why did [the bank] think I was in Detroit? I've never been to Detroit.
PYMNTS
MAY 29, 2020
The team was set to participate in home games against Vancouver, Dallas, Arizona and Detroit. As the pandemic continues to disrupt everyday life the world over, many consumers want refunds on things they paid for but aren’t able to use. For example, sports teams are offering fans reimbursements for games that won’t be played amid the pandemic.
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