article thumbnail

Why a community bank in Missouri is investing in core banking startup Neocova

Bank Innovation

Elizabeth, a Missouri-based community bank with $150 million in assets, investing in a core banking startup is critical for its future. For Brice Luetkemeyer, president and CEO of Bank of St. Together with a group of other community banks, Bank of St. Elizabeth recently invested in Neocova, a St.

Missouri 221
article thumbnail

A Missouri bank is using tech to secure large deposits from public entities

Bank Innovation

Bank of Franklin County, a Washington, Mo.-based based bank with $273 million in assets, is using ‘cash sweep’ technology to gain large deposits from public funds without having to put up its own assets as collateral.

Missouri 364
Insiders

Sign Up for our Newsletter

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

article thumbnail

NEW STUDY: Why Fast Food Isn’t Innovating Fast Enough

PYMNTS

In short, customers want innovation, but restaurants, largely, aren’t giving it to them. The Index’s inaugural edition explores why companies in the $230 billion QSR space struggle to innovate, and how they can change that reputation. According to PYMNTS research, most brands in the QSR space are losing the innovation race.

article thumbnail

When QSRs Think Really Outside The Box In The Innovation Race

PYMNTS

The realm of quick service restaurants (QSRs) is and actually always has been a pretty innovative space. The drive-thru window, for example, first met the market in 1947 when it was introduced to the world by Sheldon “Red” Chaney, operator of Red’s Giant Hamburg in Springfield, Missouri. The Rocky Mountain High Cheeseburger.

article thumbnail

Paul Watkins, Director of the CFPB’s Office of Innovation, discusses final innovation policies in Ballard Spahr webinar

CFPB Monitor

Paul Watkins, Director of the CFPB’s Office of Innovation, joined Ballard Spahr partners Alan Kaplinsky and James Kim yesterday for a discussion of the CFPB’s final innovation policies. Companies are encouraged to informally contact the Office of Innovation to discuss potential applications.

article thumbnail

St. Louis Colleagues Rank Perficient a Top Workplace in 2020

Perficient

I am thrilled that our employees in Missouri have once again recognized Perficient as a 2020 Top Workplace in the annual St. Louis Post-Dispatch released the annual list with Perficient being named as one of St. Louis’ best midsize companies to work for. “I Louis Post-Dispatch survey.” ” Jason Hudnall , general manager.

St. Louis 530
article thumbnail

Brex Offers FDIC Insurance, Adds Chief Legal Officer

PYMNTS

a financial services holding company based in Kansas City, Missouri. This partnership aligns with UMB’s strategy of working with best-in-class innovators like Brex.”. Brex said the FDIC insurance on uninvested cash reserves up to $250,000 is the result of a partnership with UMB Financial Corp. ,

FDIC 166