Bank Innovation

APRIL 1, 2019

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.

Customer Experience 186

Customer Experience Capital Virginia Management 186

Bank Innovation

NOVEMBER 8, 2017

The Virginia-based bank announced an abrupt, and permanent, closure of its mortgage and home equity origination business this week, citing that the sector was too competitive for the bank to turn a profit. No more Capital One mortgages. Capital One first acquired its mortgage division in 2009.

Capital 236

Capital Virginia 236

Bank Innovation

APRIL 26, 2019

In Richmond, Virginia, finance job openings grew 31.3% Demand for bankers and financial services workers appears to be waning following a wave of cutbacks at the start of the year. But a few cities are bucking the trend with double-digit growth in finance employment opportunities.

Virginia 170

Virginia Trends Operations Marketing 170

PYMNTS

JANUARY 13, 2020

“Samsung will continue to drive innovation in communications technology while providing optimization services for network deployments that accelerate U.S. market requires scale and innovation for the next generation of wireless technologies. 5G network expansion.”. The advent of 5G and the amount of new spectrum coming into the U.S.

Samsung 130

Samsung Virginia Leadership Innovation 130

PYMNTS

JANUARY 13, 2020

“Samsung will continue to drive innovation in communications technology while providing optimization services for network deployments that accelerate U.S. market requires scale and innovation for the next generation of wireless technologies. 5G network expansion.”. The advent of 5G and the amount of new spectrum coming into the U.S.

Samsung 130

Samsung Virginia Leadership Innovation 130

PYMNTS

MAY 16, 2017

The national home improvement chain partnered with Virginia Tech to develop a futuristic exosuit for its employees. “Our employees ensure our stores are always ready for customers,” said Kyle Nel, executive director of Lowe’s Innovation Labs. Especially in their lower backs.).

Virginia 101

Virginia National Technology Retail 101

PYMNTS

NOVEMBER 15, 2018

But there are also gaps: consumers unbanked , and places where the pace of innovation is pricing out those who can’t afford to be cutting-edge. 217 percent: The increase in searches for home listings in Crystal City, Virginia since Amazon officially announced it as one of two HQ2 locations. percent: Share of U.S.

Data 128

Data Virginia Payments Millennials 128

CFPB Monitor

MARCH 15, 2022

Maryland, New York, North Carolina, Ohio, Pennsylvania, West Virginia, and Colorado. Other state authorities that have launched or threatened “true lender” attacks against bank-model programs include authorities in D.C.,

California 78

California Innovation Utah West Virginia 78

PYMNTS

SEPTEMBER 19, 2019

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.

Virginia 109

Virginia United States Customer Experience Retail 109

PYMNTS

JUNE 23, 2020

At this point, the range of the fuel loyalty program is limited to the Orlando, Florida and Woodbridge, Virginia areas, along with north Texas. Our team is dedicated to continuing 7-Eleven’s legacy of innovation with industry-leading digital solutions. Most recently, that has included our award-winning 7Rewards loyalty platform.”.

Texas 165

Texas Payments Virginia Florida 165

PYMNTS

MARCH 17, 2020

Many municipalities are looking to help by proposing new uses for vacant retail sites, including a citywide initiative in Fairfax, Virginia called Activate Fairfax , where the Department of Economic Initiative is soliciting requests for interest in an abandoned Container Store location.

Retail 135

Retail Arlington San Francisco Milwaukee 135

PYMNTS

MARCH 7, 2018

Montgomery County, Maryland, and Northern Virginia. Officials told the Post the tours in Northern Virginia happened early last week, while the Washington tours occurred in the middle of the week and Amazon workers toured locations in Montgomery County toward the end of last week. They were up in Northern Virginia Monday and Tuesday.

Washington 100

Washington DC Virginia Maryland 100

PYMNTS

MAY 15, 2020

On Wednesday (May 13), PYMNTS reported that Rakuten plans to acquire InnoEye, an engineering technology company based in Virginia. InnoEye CEO Rajeev Gupta said the deal will allow them to contribute to an industry movement and create an “innovative, cloud-based communication platform that is open, scalable and secure.”.

Virginia 132

Virginia Software Mobile Innovation 132

PYMNTS

JUNE 23, 2020

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.

Fraud 266

Fraud Community Bank Virginia Community 266

PYMNTS

JANUARY 20, 2020

Richard Burr from North Carolina and Mark Warner from Virginia have put forward a bill to push back against the dominance of China in 5G by offering to subsidize firms in the U.S. that are working on the innovation. On the security side, Vietnam has its own concerns because there have been hacking attacks, and there’s U.S.

North Carolina 131

North Carolina Virginia Technology Video 131

PYMNTS

JUNE 22, 2020

Cedar also announced what it called an “innovation partnership” with Novant Health. based Novant is a nonprofit network consisting of more than 1,500 physicians and 15 medical centers in North Carolina, Virginia and South Carolina, according to its 2018 audited financial statements. Winston, N.C.-based

South Carolina 228

South Carolina North Carolina New York City New York 228

NCR

SEPTEMBER 20, 2017

For the industry, it’s clear that ongoing innovation and inventive thinking is required to ensure that people with disabilities have just as much choice and control in their financial affairs as all other customers. The post How design and innovation drive accessibility in financial services appeared first on Banking.com.

Innovation 87

Innovation ATM Video Virginia 87

PYMNTS

OCTOBER 1, 2020

“One thing is certain — consumers will continue to seek out digitally-driven experiences regardless of what the future holds,” said Jess Turner, executive vice president of Mastercard’s North America products and innovation, in the announcement. “We Florida; and Texas.

San Francisco 151

San Francisco Maryland Virginia Florida 151

PYMNTS

DECEMBER 11, 2019

The company has properties in Seattle, Houston, Arlington and Tysons Corner, Virginia. To address this, we are accelerating innovative real estate offerings for consumers and developers alike.”. WhyHotel said it will use the capital injection to extend into additional markets.

Arlington 130

Arlington Houston Virginia Capital 130

PYMNTS

JUNE 26, 2020

Because it’s at the fuel pump that Sethia and his team have made their latest customer innovation. It announced this week that it is piloting Fuel Loyalty at participating 7-Eleven stores in North and South Orlando, Florida; North Texas; and Woodbridge, Virginia.

Virginia 245

Virginia Florida Texas Retail 245

CFPB Monitor

APRIL 22, 2019

This Wednesday April 24th, the Federal Deposit Insurance Corporation and Duke University’s Fuqua School of Business and Innovation and Entrepreneurship Initiative will host a conference titled “ Fintech and the Future of Banking ” in Arlington, Virginia.

FDIC 68

FDIC Conference Arlington Fintech 68

PYMNTS

JUNE 28, 2019

Wing is also notable for being the first drone company to get Federal Aviation Administration (FAA) approval , which means the company was allowed to deliver to some cities in Virginia. .

Virginia 125

Virginia United States Regulation Google 125

PYMNTS

JANUARY 8, 2018

Small but mighty, German discount grocer Lidl — a brand known for not only its low prices, but also its innovative store layouts and private labels, including clothing — has already gobbled up 3 percent of local market share since the chain came to Winston-Salem, North Carolina, in June 2017. jobs in the next year.

US 113

US Virginia New Jersey South Carolina 113

PYMNTS

AUGUST 2, 2019

The Federal Reserve orchestrated an official investigation of an Amazon facility in Virginia, kicking off what is expected to be ongoing oversight of cloud providers, people familiar with the matter told The Wall Street Journal on Thursday (Aug 1). Regulators’ influence over non-banks is limited, and banks are left to vet their own vendors.

Regulation 144

Regulation Virginia Google Capital 144

PYMNTS

JANUARY 16, 2020

Virginia-based FinTech firm Far Point closed a $2.6 He said the company is looking forward to “accelerating our strategic collaboration with Ant Financial as a showcase of such innovation.”. Global Blue runs airport kiosks and storefronts that enable shoppers to get sales tax refunds when they return home.

Taxes 130

Taxes New York Virginia Leadership 130

Tech and Finance

JUNE 8, 2017

“Her reputation has been built around her ability to drive regulatory and industry dialogue while developing product and market strategies that integrate with an evolving regulatory and innovation landscape.”. Back then, I was impressed with both their approach to the market, as well as their innovative technology platform.

Virginia 46

Virginia Fintech Marketing Strategies America 46

PYMNTS

MAY 5, 2020

Eight additional states, Idaho, Minnesota, Missouri, Nevada, North Carolina, Texas, West Virginia, Vermont and the District of Columbia, are slated to be added in June. In addition to New York, the program is now available for SNAP recipients in Alabama, Arizona, California, Florida, Iowa, Kentucky, Nebraska, New York, Oregon and Washington.

Online 151

Online District of Columbia West Virginia North Carolina 151

CFPB Monitor

FEBRUARY 16, 2022

As we also reported , the California Department of Financial Protection and Innovation (CADFPI) proposed implementing regulations in September 2020, modifications to its proposal in April 2021, second modifications in August 2021, third modifications in October 2021, and fourth modifications in November 2021.

North Carolina 78

North Carolina Missouri Maryland Mississippi 78

PYMNTS

APRIL 24, 2020

One of those is in Fairfax County, Virginia. Activate will show growth and innovation,” she predicted. “We Economic Development Administration, Moudry led a program to increase investment in innovation clusters across the country. Located outside of Washington, D.C., Fairfax is home to Falls Church, Tysons, Reston and Vienna.

Maine 130

Maine District of Columbia Virginia Community 130

PYMNTS

MAY 2, 2019

Lauderdale, Florida; New York, New York; Norfolk-Portsmouth, Virginia; Orlando-Daytona, Florida; Phoenix, Arizona; Portland, Oregon; Sacramento, California; San Antonio, Texas; San Diego, California; San Francisco, California; Seattle-Tacoma, Washington; St. We’re always looking to innovate and disrupt,” Singh said.

St. Louis 129

St. Louis San Antonio San Diego Los Angeles 129

PYMNTS

SEPTEMBER 8, 2016

Alphabet, Google’s parent company, has announced the first initiative for Project Wing, its drone-delivery project: supplying Virginia Tech students with Chipotle burritos. Back in 2013, the FAA selected Virginia Tech, as part of the Mid-Atlantic Aviation Partnership (MAAP), to be one of six unmanned aircraft test sites.

Google 100

Google Virginia Millennials Course 100

PYMNTS

JULY 17, 2019

Bank and Virginia Credit Union, with additional institutions expected later this year. “We are delighted to be selected by LG as their launch partner for their exciting foray into the payments space,” said Harpreet Chawla, head of innovation for Swych.

North Carolina 108

North Carolina US Virginia Mobile 108

PYMNTS

JULY 1, 2020

Gyms are already experiencing a rocky reopening, with reports of potential coronavirus infections at a West Virginia Planet Fitness location emerging earlier this week. While gyms may feel the strain of sudden declines in revenue, they might be able to create new business strengths with innovative approaches and help from payment partners.

West Virginia 130

West Virginia Virginia Exercises Texas 130

PYMNTS

SEPTEMBER 20, 2019

Walgreens , in one case, plans to pilot drone deliveries in Christiansburg, Virginia starting in October by partnering with Wing, a member of the Alphabet family of companies. Christiansburg was chosen as the test market because Wing has been working with Virginia Tech in nearby Blacksburg to pilot the drone deliveries.

Retail 112

Retail Las Vegas San Diego Virginia 112

Independent Banker

JANUARY 31, 2022

With consumer expectations seeming to evolve faster every year, community banks could consider partnering with a fintech to keep up with technological innovation. Swashbuckling, nimble, well-funded and unapologetically entrepreneurial, fintechs are offering innovations that allow community bankers to dream big in a host of ways.

Community Bank 159

Community Bank Community Fintech Risk Management 159

PYMNTS

JULY 1, 2016

Access Point is rolling out to 300 new locations in five states —Illinois, New York, Pennsylvania, Virginia and Washington — following a successful test drive in Chicago. The lockers are a new innovation from UPS to help keep eCommerce-related costs down while also offering customers a desirable option set.

Pennsylvania 101

Pennsylvania Illinois Virginia United States 101

PYMNTS

JANUARY 15, 2020

Senators Richard Burr from North Carolina and Mark Warner from Virginia have introduced a bill to push back against China’s 5G dominance by offering to subsidize U.S. companies that are working on the technology, according to a report by The Wall Street Journal.

North Carolina 130

North Carolina US Virginia Security 130