Georgia’s smallest bank has new tech and big dreams

BankInovation

Retail Banking Barwick Bank Celent community banks Finastra Georgia Mobile banking Phoenix Fusion PremiumThe transformation of Barwick Bank began in 2019 with a note left in Chad Bowling’s unlocked Range Rover.

Esports Venue Coming To Mall of Georgia

PYMNTS

Allied Esports and Simon announced that the Mall of Georgia, located in Buford, Georgia, will host the companies’ initial esports venue, according to a press release. As the largest shopping destination in the southeastern United States, the Mall of Georgia includes more than 200 stores. “We’ve Allied Esports’ new esports facility is a perfect complement to the mix of shopping, dining and entertainment options at [the] Mall of Georgia ,” said General Manager John DiCioccio.

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Georgia Tech Data Breach Leaves 1.3M Exposed

PYMNTS

The Georgia Institute of Technology confirmed that it suffered a data breach that has exposed the personal information of 1.3 “A central Georgia Tech database was accessed by an unknown outside entity. Georgia Tech’s cybersecurity team is conducting a thorough forensic investigation to determine precisely what information was extracted from the system, which may include names, addresses, Social Security numbers and birthdates,” the school revealed in a press release.

Georgia Looks At Reopening Some Businesses This Week

PYMNTS

Georgia Gov. But Kemp’s ideas for reopening are aligned fairly well with the government’s proposed rules , including 14 days of declining virus cases, of which Georgia will have had 10 on Friday if that continues. Kemp acknowledged that Georgia has been in the lower range of the country’s testing stats, with just 84,000 set through Monday. Economy business Coronavirus COVID-19 economy Georgia governor News recovery reopening social distancing What's Hot

Bitcoin ATMs Sprout in Georgia

Bank Innovation

Bitcoin ATM network Coinsource on Thursday installed 20 new bitcoin ATMs in the Peach State. Of the 20 machines, 18 are in Atlanta and the other two are in Athens. The ATMs come as demand for the cryptocurrency in the region is on a rise, the company said. In a statement to Atlanta Business Chronicle, […]. Cryptocurrency Exclusive ATM Bitcoin cryptocurrencies

Georgia’s Push To Reopen Falls Flat As Consumers Stay Home

PYMNTS

began to get its early actual data (as opposed to theoretical predictions) as Alaska, Georgia, North Dakota, South Carolina, Tennessee and Texas and all began lifting some of the stricter parts of the social distancing regulations to allow slightly more social mobility, according to CNN. Georgia has snapped up most of the nation’s focus over the last week, however, as Gov. Coronavirus COVID-19 economy Georgia News recovery reopening social distancing What's Hot

Proposed Georgia bank secures conditional regulatory approval

American Banker

FDIC Capital De novo institutions GeorgiaCraft Bank, which plans to open this summer, is in the final stage of raising $30 million in initial capital.

Investor group to buy Georgia Banking Company

American Banker

Capital M&A Growth strategies Georgia Community banksBartow Morgan Jr., who ran Brand Banking when it was sold to Renasant, also plans to raise $150 million to expand the seller's products and services.

Georgia's Own Credit Union CDs Remain Competitive

BankDeals

Georgia's Own Credit Union's CDs remain competitive: the 2-, 3-, 4-, and 5-year CD APYs rank near or at the top of their respective term-length categories

Organizers plan new bank in Georgia

American Banker

Capital Community banking De novo institutions GeorgiaA former market president for State Bank Financial would serve as CEO of the proposed Classic City Bank.

First Bancshares to enter southern Georgia with acquisition

American Banker

The Mississippi company will also top $4 billion in assets when it buys Southwest Georgia Financial. Community banking M&A Growth strategies Mississippi Georgia

Walmart Revamps Delivery Service With Georgia Pilot

PYMNTS

But the retailer is now testing a delivery service with employees at a store in Georgia, Reuters reported. A spokesperson for Walmart told Reuters that the retailer did conclude its first delivery experiment in 2018, but that the company is “encouraged by what we’re seeing” at its store in Georgia. After announcing an experimental plan last year for store employees to deliver online orders following their shifts for extra pay, Walmart has since retreated from the original pilot.

Former MidSouth chief named CFO of Oconee in Georgia

American Banker

Community banking Recruiting C-suite GeorgiaJim McLemore has a new job just three months after orchestrating MidSouth's sale to Hancock Whitney.

Georgia's Own Credit Union CDs Remain Competitive

BankDeals

Georgia's Own Credit Union's CDs remain competitive: the 2-, 3-, 4-, and 5-year CD APYs rank near or at the top of their respective term-length categories

William Mills Agency Donates $10,000 to ALS Association of Georgia

William Mills

William Mills Agency (WMA), the largest independent public relations and marketing firm specializing in the financial industry, announced today a $10,000 donation to the ALS Association of Georgia. The ALS Association of Georgia is the only nationally affiliated, not-for-profit health organization dedicated solely to Amyotrophic Lateral Sclerosis (Lou Gehrig’s Disease). About The ALS Association Georgia Chapter. News Release ALS Association of Georgia William Mills Agency

Technology Association of Georgia Hosts Inaugural Event: FinTech South

William Mills

– Co ntent centered on ‘Disrupting and Delivering a Better Customer Experience’ by focusing on what’s happening next in fintech – Atlanta is a leader in transactions, a processing powerhouse, and home to global fintech companies and start-ups, which makes it the ideal city to host the Technology Association of Georgia ’s (TAG) first annual FinTech South conference. Blog Industry Events fintech fintech south TAG fintech ADVANCE awards Technology Association of Georgia

“Transaction Alley” In The Spotlight at 2019 Technology Association of Georgia’s (TAG) FinTech South

William Mills

With more than 70 percent of all transactions going through Georgia fintech companies, it’s no surprise that the Technology Association of Georgia’s (TAG) annual FinTech South event continues to grow in size and influence, but seeing Georgia Governor Brian Kemp address more than 1500 attendees in the building that just recently hosted global, high profile events like the MLS Cup, NCAA Football National Championship and the Super Bowl illustrates just how far it’s come.

CBA of Georgia Spring Meetings: Change Continues to Impact Community Banks

William Mills

The Community Bankers Association of Georgia (CBA) held its annual spring meetings in cities across the state which this year included Macon, Hoschton and Albany (pronounced ALL-benie if you’re not from around these parts). The meetings also support the mission of the CBA which is the preservation and development of local, independent community banks in Georgia as well as the philosophy of hometown banking.

CBA of Georgia Spring Meetings: Change Continues to Impact Community Banks

William Mills

The Community Bankers Association of Georgia (CBA) held its annual spring meetings in cities across the state which this year included Macon, Hoschton and Albany (pronounced ALL-benie if you’re not from around these parts). The meetings also support the mission of the CBA which is the preservation and development of local, independent community banks in Georgia as well as the philosophy of hometown banking.

Why 6 credit unions are partnering to access better payment solutions

Bank Innovation

Carousel Innovation Strategy Payments Premium Coastal Credit Union Cornerstone Advisors Georgia's Own Credit Union Payrailz Teachers Credit Union VenmoAs credit unions look to improve their technology on smaller budgets, one solution is to band together and pool assets. On Thursday, six credit unions did exactly that to improve their online payment capabilities through an investment in the digital payments company Payrailz.

Georgia Banks Plan $33M Merger

American Banker

million in cash for the $184 million-asset Independence Bank of Georgia in Braselton. The $685 million-asset Pinnacle Financial in Elberton, Ga., said in a press release Friday that it will pay $32.8 breaking_news community-banking dealmaking-strategy

Walmart Expands Healthcare Services

PYMNTS

Walmart 's partnership with insurance startup Clover Health to aid Georgia seniors marks the retail giant's foray into privately-managed Medicare Advantage plans, Bloomberg reported. Walmart Clover Health Georgia Healthcare Medicare News partnerships walmart What's Hot

Wirex receives Georgia-based license, pursues US expansion

The Paypers

Payments company Wirex has received its first money transmission license in the US from the State of Georgia Department of Banking and Finance

Colony entering eastern Georgia with deal for Cadence loan book

American Banker

The company is buying a homebuilder finance portfolio with $47 million in loans and $80 million in commitments. Homebuilders Community banking M&A Growth strategies

Gaming Disbursements, Fitness Studios, Georgia’s Reopening Top This Week’s News

PYMNTS

We have deep dives gaming disbursements and fitness studios in addition to Georgia’s move to reopen. Georgia’s Push To Reopen Falls Flat As Consumers Stay Home . Georgia Governor Brian Kemp has pushed the most aggressive and comprehensive slate of mandatory reopenings in the United States to date. News ABC Financial Digital Gaming Georgia Lyft PayPal Peloton PPP loans Snap Square Uber Weekender

Georgia’s Big COVID Comeback – And The Question No One’s Asking

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It’s also a question that now has an official answer, at least in some states – most notably Georgia, where the comeback is officially slated to start on Friday (April 24). “I think this is the right approach at the right time,” Georgia Republican Gov. Georgia will allow hair salons, nail salons, massage therapists, bowling alleys and gyms to open again at week’s end, with restrictions on the in-store density of consumers.

Georgia Governor Defends Reopening Decision After Trump’s Criticism

PYMNTS

Georgia Governor Brian Kemp, who was against COVID-19 stay-at-home mandates from the start, is preparing to open the state on Friday (April 24), despite the advice of medical experts, President Trump and even some of his own constituents. I told the governor … I disagree strongly with his decision to open certain facilities which are in violation of the Phase 1 guidelines for the incredible people of Georgia,” Trump said. “… but he has to do what he thinks is right.”

Piedmont Bancorp looks to add scale around Atlanta with WestStar purchase

American Banker

The Georgia company will add nearly $200 million in assets as part of the acquisition. Community banking M&A Growth strategies Georgia

Worldpay and Georgia Tech’s ATDC Financial Technology Partnership Yielding Strong Results

Let's Talk Payments

million in funding ATLANTA (April, 11, 2016): A year after launching an accelerator program focused on helping entrepreneurs in Georgia’s growing financial. 8 startups in program have already raised $16.8 Accelerators Fintech Funding Innovation Insights Money Transfer Payments aFundia Freeing Returns Groundfloor insights Split TradeRocket US

How Georgia became responsible for 70% of the worldâ??s financial transactions

Bobsguide

It is undeniable that the world is more connected than ever. While language, culture, history, and many other factors still separate people, the tightly interwoven economies of nearly every nation on Earth has created an atmosphere of mutual cooperation and international interest that is

Georgia plans launching ecommerce platform

The Paypers

(The Paypers) Georgia has plans to boost the ecommerce industry of the country by launching one of its biggest electronic commerce platforms in May 2018

Bank of Georgia starts accepting JCB cards

The Paypers

(The Paypers) JCB International and Bank of Georgia have announced that Bank of Georgia has started to accept JCB cards across the country

Bank of Georgia secures USD 50 mln trade finance facility with Citi

The Paypers

Bank of Georgia has signed a USD 50 million one-year trade finance facility with US-based bank Citigroup

US 12

Google Phone Data Reveals Mixed Stay-Home Compliance

PYMNTS

Georgia reopened the state ahead of most of the U.S., Coronavirus brazil Georgia Google News reopening Singapore U.S Phone data complied by Google’s parent Alphabet shows that many people initially ignored stay-home mandates but were increasingly compliant in April, according to a Reuters report on Friday (May 1). As the coronavirus curve flattened in the U.S.

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Regulators Close Small Bank in Georgia in 4th Failure of Year

American Banker

The Georgia Department of Banking and Finance closed the $21.4 million-asset Woodbury Banking Company on Friday, marking this year's fourth bank failure. breaking_news community-banking fdic law-regulation