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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. MORE
Ally Financial in Detroit has agreed to pay $52 million to settle probes and claims related to its role as the underwriter for subprime mortgage backed securities in 2006 and 2007. breaking_news national-regional law-regulation auto mortgage mi consumer-finance MORE
Since 2016, Detroit city police have been building out an interconnected network of high-definition surveillance cameras that stream live video from gas stations, liquor stores and other all-night businesses to a central police command center. 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
Urban Partnership Bank serves primarily lower- to moderate-income neighborhoods on Chicago’s south and west sides as well as in Detroit. In addition to operating a branch in Detroit and eight in Chicago, the bank opened one inside a Walmart store about a year ago. “In MORE
The service was available in Chicago, Detroit and Ann Arbor, Michigan as of July. To get more electric vehicles on the road, General Motors wants the Trump administration to get behind an effort to increase the sale of electric vehicles (EVs). 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 traffic 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 MORE
Huntington Bancshares has partnered with the owner of the NBA's Detroit Pistons to provide $25 million in financial support in Flint, Mich., in response to the city's drinking water crisis. breaking_news consumer-finance m-a small-business mortgage mi oh national-regional 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
The company also opened an engineering port in Detroit this year, choosing the city for its “wide pool of skilled tech, design and product talent, as well as its longtime automotive industry legacy.” The Detroit office will be pivotal to the company’s future plans. MORE
Ally Financial in Detroit reached a truce with Lion Point Capital, as it agreed to appoint an independent director in consultation with the activist investor. breaking_news consumer-finance dealmaking-strategy auto strategic-alternatives mi national-regional MORE
Ally Financial has blasted a proxy advisory firm for its recommendation that shareholders vote against the re-election of four of the Detroit company's directors. breaking_news auto consumer-finance mi national-regional MORE
Ally Financial in Detroit has agreed to provide up to $600 million in financial backing for Carvana’s online auto sales. breaking_news consumer-finance auto mi az national-regional 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. 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
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
The company opened an engineering port in Detroit this year. The Detroit office will be pivotal to the company’s future plans. Vroom , an online marketplace for buying and selling vehicles, has raised $254 million in a Series H funding round, according to a release by the company. MORE
Ally Financial in Detroit swung to a profit in the second quarter as a tax benefit outweighed the costs of insurance payouts on hailstorm-damaged vehicles. breaking_news consumer-finance earnings-national-regional-banks auto mi national-regional 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. MORE
Ally Financial reported strong loan and deposit growth in the first quarter, but a shift in the makeup of its automobile loan portfolio force the Detroit company to nearly double its loan-loss provision from a year earlier. breaking_news national-regional performance auto consumer-finance MORE
SoGifted shops will be located in Manhattan’s Herald Square; Atlanta’s Lenox Square; Fashion Show in Las Vegas; Boston’s Northshore; North Star Mall in San Antonio; Twelve Oaks Mall in Detroit; and The Galleria in Ft. 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
• Detroit, Michigan – Flagstar Bank ($4.65 Flagstar Bank, headquartered in Troy, Michigan, just outside of Detroit, offered the largest volume of mortgage loans of the community banks identified, with more than four and a half billion dollars in mortgages. MORE
In fact, we’re growing faster outside the Bay Area than within it, and this year opened new offices and data centers in locations like Detroit, Boulder, Los Angeles, Tennessee, and Alabama,” wrote Google CFO Ruth Porat, according to reports. . 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. MORE
The news comes as the Detroit Lions deployed digital and physical upgrades to kick its dining game up a notch in the midst of significant renovations to the Ford Field stadium. To help keep the prices of food and drinks low, the Mercedes-Benz Stadium in Atlanta is about to become cashless. Only credit cards, debit cards and mobile payments will be accepted at the venue beginning on March 10, Bloomberg reported. 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
The company then quickly extended the service to almost 30 cities, including Los Angeles, Houston and Detroit. Amazon has expanded its two-hour delivery service for Whole Foods customers to almost 30 cities in an attempt to take on Walmart. MORE
Additional funds also came from investors David Hamamoto, the former chairman of Morgans Hotel Group, and Jim Ketai, the owner of Detroit’s Shinola Hotel. MORE
Little Caesars, which is based in Detroit, Michigan, has stores in 24 countries and all 50 U.S. To supply pizza delivery services from 3,600 restaurants in Canada and the United States, Little Caesars Enterprises Inc. will team with DoorDash Inc. 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
Seattle, Miami, New York, Los Angeles, Detroit, Atlanta, Austin, Chicago and Dallas, in addition to 40 locations around the world. Facebook , which is headquartered in Menlo Park, California, opened a new office this week in Boston. MORE
Quicken Loans plans to appeal a recent federal labor ruling that the Detroit lender and other companies owned by Dan Gilbert violated employees' rights. breaking_news law-regulation national-regional mortgage nonbank housing consumer-finance 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. MORE
Detroit Related Topics 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.
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. Tesla CEO Elon Musk said he will launch the company’s robotaxi program by 2020, according to reports. “I
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Perficient Financial Servies
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.
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
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.
PYMNTS
JANUARY 12, 2017
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.
PYMNTS
NOVEMBER 14, 2018
The campaign will also offer financial literacy programs, produced in partnership with WFCU’s NFL partner, the Detroit Lions.
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 traffic
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
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.
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.
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.
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
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 6, 2019
The company opened an engineering port in Detroit this year. The Detroit office will be pivotal to the company’s future plans. Vroom , an online marketplace for buying and selling vehicles, has raised $254 million in a Series H funding round, according to a release by the company.
American Banker
JULY 26, 2016
Ally Financial in Detroit swung to a profit in the second quarter as a tax benefit outweighed the costs of insurance payouts on hailstorm-damaged vehicles. breaking_news consumer-finance earnings-national-regional-banks auto mi national-regional
American Banker
JANUARY 4, 2017
Ally Financial in Detroit has agreed to provide up to $600 million in financial backing for Carvana’s online auto sales. breaking_news consumer-finance auto mi az national-regional
American Banker
NOVEMBER 21, 2016
Ally Financial in Detroit has agreed to pay $52 million to settle probes and claims related to its role as the underwriter for subprime mortgage backed securities in 2006 and 2007. breaking_news national-regional law-regulation auto mortgage mi consumer-finance
American Banker
APRIL 19, 2016
Ally Financial has blasted a proxy advisory firm for its recommendation that shareholders vote against the re-election of four of the Detroit company's directors. breaking_news auto consumer-finance mi national-regional
American Banker
APRIL 12, 2016
Quicken Loans plans to appeal a recent federal labor ruling that the Detroit lender and other companies owned by Dan Gilbert violated employees' rights. breaking_news law-regulation national-regional mortgage nonbank housing consumer-finance
American Banker
MARCH 21, 2016
Ally Financial in Detroit reached a truce with Lion Point Capital, as it agreed to appoint an independent director in consultation with the activist investor. breaking_news consumer-finance dealmaking-strategy auto strategic-alternatives mi national-regional
American Banker
MARCH 30, 2016
Huntington Bancshares has partnered with the owner of the NBA's Detroit Pistons to provide $25 million in financial support in Flint, Mich., in response to the city's drinking water crisis. breaking_news consumer-finance m-a small-business mortgage mi oh national-regional
PYMNTS
JANUARY 6, 2020
Little Caesars, which is based in Detroit, Michigan, has stores in 24 countries and all 50 U.S. To supply pizza delivery services from 3,600 restaurants in Canada and the United States, Little Caesars Enterprises Inc. will team with DoorDash Inc.
American Banker
APRIL 26, 2016
Ally Financial reported strong loan and deposit growth in the first quarter, but a shift in the makeup of its automobile loan portfolio force the Detroit company to nearly double its loan-loss provision from a year earlier. breaking_news national-regional performance auto consumer-finance
PYMNTS
FEBRUARY 10, 2020
with the inclusion of Detroit-area Twelve Oaks Mall and Denver’s Cherry Creek Shopping Center. .
PYMNTS
SEPTEMBER 22, 2019
The company then quickly extended the service to almost 30 cities, including Los Angeles, Houston and Detroit. Amazon has expanded its two-hour delivery service for Whole Foods customers to almost 30 cities in an attempt to take on Walmart.
PYMNTS
MARCH 4, 2019
The news comes as the Detroit Lions deployed digital and physical upgrades to kick its dining game up a notch in the midst of significant renovations to the Ford Field stadium. To help keep the prices of food and drinks low, the Mercedes-Benz Stadium in Atlanta is about to become cashless. Only credit cards, debit cards and mobile payments will be accepted at the venue beginning on March 10, Bloomberg reported.
PYMNTS
DECEMBER 9, 2019
SoGifted shops will be located in Manhattan’s Herald Square; Atlanta’s Lenox Square; Fashion Show in Las Vegas; Boston’s Northshore; North Star Mall in San Antonio; Twelve Oaks Mall in Detroit; and The Galleria in Ft.
PYMNTS
JANUARY 26, 2020
Additional funds also came from investors David Hamamoto, the former chairman of Morgans Hotel Group, and Jim Ketai, the owner of Detroit’s Shinola Hotel.
Abrigo
JANUARY 15, 2015
• Detroit, Michigan – Flagstar Bank ($4.65 Flagstar Bank, headquartered in Troy, Michigan, just outside of Detroit, offered the largest volume of mortgage loans of the community banks identified, with more than four and a half billion dollars in mortgages.
Independent Banker
SEPTEMBER 26, 2014
Urban Partnership Bank serves primarily lower- to moderate-income neighborhoods on Chicago’s south and west sides as well as in Detroit. In addition to operating a branch in Detroit and eight in Chicago, the bank opened one inside a Walmart store about a year ago. “In
PYMNTS
OCTOBER 26, 2018
The service was available in Chicago, Detroit and Ann Arbor, Michigan as of July. To get more electric vehicles on the road, General Motors wants the Trump administration to get behind an effort to increase the sale of electric vehicles (EVs).
PYMNTS
FEBRUARY 17, 2019
In fact, we’re growing faster outside the Bay Area than within it, and this year opened new offices and data centers in locations like Detroit, Boulder, Los Angeles, Tennessee, and Alabama,” wrote Google CFO Ruth Porat, according to reports. .
PYMNTS
JANUARY 16, 2020
The company also opened an engineering port in Detroit this year, choosing the city for its “wide pool of skilled tech, design and product talent, as well as its longtime automotive industry legacy.” The Detroit office will be pivotal to the company’s future plans.
PYMNTS
OCTOBER 11, 2019
Since 2016, Detroit city police have been building out an interconnected network of high-definition surveillance cameras that stream live video from gas stations, liquor stores and other all-night businesses to a central police command center.
PYMNTS
JANUARY 11, 2019
Seattle, Miami, New York, Los Angeles, Detroit, Atlanta, Austin, Chicago and Dallas, in addition to 40 locations around the world. Facebook , which is headquartered in Menlo Park, California, opened a new office this week in Boston.
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