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NCR Widens Regional Service With Purchase Of Midwest POS

PYMNTS

announced the acquisition of Midwest POS Solutions to expand its presence in Kentucky and Indiana, as detailed in a press release on Monday (Oct. The acquisition will expand NCR’s service to 1,000 restaurants in the region. NCR said it will operate three local offices with the Midwest POS staff and management. “We

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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

” As a regulatory body, the OCC said it will focus on the following to address the increasing risk: • Execution of bank strategic plans and management of strategic risk. • Liquidity risk management and adequacy of contingency funding plans. • Vendor and third-party management processes. The OCC on Oct.

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Belk Works On Building Its New Legacy

PYMNTS

Small and regional — outside of the Southeastern United States, most people haven’t heard of it. In Kentucky right now, Belk is building out a location in what was a Macy’s. There can only be one in the modern, southern style game, and Belk more or less owns that market. Most brands can’t do exactly what Belk has done.

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Samsung Pay Launches In China

PYMNTS

Apple Pay’s competition in China just got a bit steeper, as Samsung has officially rolled out Samsung Pay in the region. Samsung announced the launch of its mobile payments service that is now available through a deal with China UnionPay — the same method Apple used to bring its mobile payments option into market.

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Where Pharmacy Giants Walgreens, CVS, Walmart, And Rite Aid Are Placing Private Market Bets

CB Insights

We used the CB Insights Business Social Graph to visualize where these top 4 pharmacy retailers have made private market investments and acquisitions. Walgreens’ private market activity is more pharmacy-centered than Walmart’s. Green lines represent investments; red lines represent acquisitions. Please click to enlarge.

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Ensure your community bank is inclusive

Independent Banker

Paige Kindle, product marketing specialist at $402 million-asset Consumer Financial Services Bank in Benton, Ky., Last August, for example, it became the first financial institution in its region to take part in the Eighth of August Parade, a festival celebrating the emancipation of enslaved people in Paducah, Ky. “[We]