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Clear Mountain Bank reaches new heights

Independent Banker

The West Virginia community bank is helping small-business customers get the financing they need while continually seeking new ideas to plan for its own future. Clear Mountain Bank is embracing flexibility, innovation and collaboration as it continues its ascent as a small-business connector in West Virginia. By Mindy Charski.

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Capital One Treasury Head: AI and ML Driving Customer Experience Improvements

Bank Innovation

Phil Beck, Head of Treasury Management at Capital One, is almost a year into his job at the McLean, Virginia-based bank, where his focus has been getting commercial banking up to speed with the digital economy.

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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

PYMNTS

PYMNTS explores these stories and others in this week’s Payment Rail Innovation Tracker. In a sign that RTP adoption is now spreading beyond the biggest banks, Chesapeake Bank , based in Virginia, has looped into The Clearing House’s Real-Time Payments (RTP) network. RTP Gains Community Bank Traction.

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Rakuten’s 5G Launch Postponed By Three Months

PYMNTS

On Thursday (May 14), the firm reported growing operating losses at its mobile business. On Wednesday (May 13), PYMNTS reported that Rakuten plans to acquire InnoEye, an engineering technology company based in Virginia. Terms of the deal were not disclosed.

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Walgreens And Wing Team Up For Drone Delivery

PYMNTS

Wing is the first drone operator to be certified by the Federal Aviation Administration as an air carrier, and the drone delivery service will be available to eligible residents in Christiansburg, Virginia, starting in October. . Department of Transportation’s Integration Pilot Program, starting in 2016.

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Drone Delivery Makes Steady Progress

PYMNTS

Questions still abound about privacy and public adoption of the technology, but according to a new report from the World Economic Forum ( WEF ) the pandemic might be on the verge of producing a “golden age” of drones. “At sentiment on the technology hasn’t been measured recently. Yet, the public jury on drones is still out.

Virginia 168
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7-Eleven Launches Beer Delivery In Select US Markets

PYMNTS

Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. stores with the technology this year. We’re always looking to innovate and disrupt,” Singh said. Customers can place their beer orders via the 7Now app. Worth, Texas; Los Angeles, California; Miami-Ft.

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