German American buying Kentucky bank to build its Louisville footprint

American Banker

M&A Consumer banking

Kentucky banks agree to merge

American Banker

Stock Yards Bancorp in Louisville says it would pay $190 million in cash and stock for Kentucky Bancshares. Community banking Kentucky M&A

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PAI appoints new ATM CEO following top-exec departures

Payments Source

Payment Alliance International (PAI) has named Neil Clark as CEO of the company’s ATM business, following the recent exit of three top executives from the Louisville-based ATM operator.

Efficiency now: 8 smart strategy tips

Independent Banker

Andrew Pyles, president and CEO of $350 million-asset Eclipse Bank in Louisville, Ky., Pyles notes that while Louisville, Ky.-based Cybersecurity issues and risks, those can really trip you up,” acknowledges Andrew Pyles, CEO of Eclipse Bank in Louisville, Ky.

Lenderfit Launches SMB Lending Tech In Beta

PYMNTS

Reports in Insider Louisville said the Louisville-based startup launched in beta this week, according to CEO David Taliaferro. Small business lending technology company Lenderfit has rolled out its services in beta, connecting financial institutions to solutions to facilitate small business lending. He told the publication that Lenderfit began as a way to address the small business lending challenges of nonprofit investment firm Access Ventures.

Prime Now Grocery Delivery Expands Across The US

PYMNTS

Amazon and Whole Foods’ Prime Now is now available in Annapolis, North and Central New Jersey, Cleveland, Louisville, Pittsburgh and additional San Francisco locations, according to an announcement. And for our customers in Dayton, Louisville and Omaha, we’re thrilled to also offer the option of grocery pickup.”.

Porter in Ky. Raises $5M, Gets Current on Certain Dividends

American Banker

Porter Bancorp in Louisville, Ky., used part of $5 million it raised in a private placement to become current on interest payments on some debt holdings. breaking_news community-banking capital ky dealmaking-strategy

MainSource to Buy FCB Bancorp in Kentucky

American Banker

has agreed to buy FCB Bancorp in Louisville, Ky., MainSource Financial Group in Greensburg, Ind., for about $56.9 million. The cash-and-stock transaction is expected to close in the second quarter. breaking_news community-banking dealmaking-strategy

Who were ICBA’s Top Lenders of 2022?

Independent Banker

Louisville. The Peoples Bank helped the Jones family of Legacy Dairy in Hiseville, Ky., relaunch their business. From left, Ally Jones; bank chairman, president and CEO Terry L. Bunnell; and Doug, Genelle and Jagger Jones. Photo by Linkes Photography.

Making A Market For Water With A Caffeinated Kick

PYMNTS

The problem, Phocus Co-founder John Mittel discovered while staring into a vending machine while he was still in medical school at the University of Louisville, was all of the other things that one ended up drinking to gain access to the caffeine. Americans are heavy consumers of caffeine.

Taco Bell Parent Yum Brands To Acquire Habit Restaurants

PYMNTS

Gibbs took over the Louisville, Kentucky company this month from former CEO Greg Creed.

AT&T Jumps On The 5G Bandwagon

PYMNTS

Louisville, Ky., AT&T has announced that it will be offering a 5G smartphone from Samsung in the first half of 2019. “5G 5G is going to be about more than just a network. Customers will eventually be able to connect in near real-time to unforeseen possibilities,” David Christopher, president of AT&T Mobility and Entertainment, said in a press release. Together with Samsung, we plan to bring the best in technology and innovation to our customers.

United Airlines, a public relations multiple engine failure.

Long Lasting Ideas

The bare facts: United personnel physically removed a Chinese passenger from an overbooked Chicago-to-Louisville flight, to make room for United employees who needed to be on the flight. If we had to pick the public relations flub of the first four months of 2017, try United Airlines. Calling United’s fiasco, a flub is an extreme understatement. For the airline, this is a public relations multiple engine failure, a public image crash and burn.

Instacart, Walmart Canada Work On Grocery Delivery Pilot

PYMNTS

The offering was said to debut in Houston, Louisville, Nashville and Kroger’s hometown of Cincinnati. To provide customers with same-day grocery delivery, Instacart is working with Walmart Canada on a pilot in Winnipeg and Toronto. Customers will be able to order items from 17 stores with the program, according to reports. Instacart is no stranger to Canada. The company rolled out its services in the country in September of last year.

CFPB postpones field hearing on checking account access to Feb. 3

CFPB Monitor

The hearing, which is to be held in Louisville, Kentucky, was originally scheduled for today. Barbara S. Mishkin. The CFPB has announced that due to inclement weather, it has postponed the field hearing about access to checking accounts until February 3, 2016.

Verizon Plans Rollout Of 5G In 30 U.S. Cities In 2019

PYMNTS

As for AT&T, it reportedly launched 5G service in these cities: Houston, Texas; Dallas, Texas; Atlanta, Texas; Waco, Texas; Charlotte, North Carolina; Raleigh, North Carolina; Oklahoma City, Oklahoma; Jacksonville, Florida; Louisville, Kentucky; New Orleans, Louisiana; Indianapolis, Indiana and San Antonio, Texas. Verizon will be bringing its 5G technology to 30 U.S. cities by the end of the year, according to reports.

Grubhub Spikes 10 Pct Post-CEO Stock Purchase

PYMNTS

the Louisville, Kentucky-based operator of KFC and Taco Bell. “We Grubhub saw its shares increase as much as 10 percent after it was revealed that its CEO purchased almost $1 million of company stock. The information was discovered in a filing with the U.S. Securities & Exchange Commission, showing that Chief Executive Officer Matthew Maloney acquired the stock. Shares were also likely helped by positive comments from one of its partners — Yum! Brands Inc. ,

Hilton Times Square Closure Bruises NYC Tourism Rebound

PYMNTS

That is equivalent to the entire size of hotel markets in Louisville, Ky., It sounds so nice they had to name it twice: New York, New York.

CFPB to hold January 27 field hearing on checking account access

CFPB Monitor

The CFPB has announced that it will hold a field hearing in Louisville, Kentucky about access to checking accounts on January 27, 2016. Barbara S. Mishkin. In October 2014, the CFPB held a forum on checking account screening policies and practices. In his remarks, Director Cordray raised concerns about the accuracy of the reports obtained by banks and credit unions from specialty consumer reporting agencies that are used to determine whether to open a checking account for new customers.

Kroger Rolls Out New Grocery Delivery Offering

PYMNTS

The offering will debut in Houston, Louisville, Nashville and Kroger’s hometown of Cincinnati, Chain Store Age reported. Amid its digital push through its Restock Kroger initiative, Kroger has rolled out a delivery service dubbed Kroger Ship that uses third-party carriers. Kroger Ship is our next step in creating a seamless experience that allows our customers to shop when and how they want,” Chief Digital Officer Yael Cosset said in an announcement.

Why Panera Does Its Own Delivery

PYMNTS

Current CEO Blaine Hurst was the prime mover behind Panera’s first large-scale delivery test in Louisville, Kentucky, four years ago. I said, ‘Just let me finish the Louisville test. Delivery on demand is one of the hallmarks of the mobile/digital era, and so it’s unsurprising the speed at which being able to delivery has become a key differentiator for Panera Bread , which recently rolled out its delivery option nationwide.

Retail Labor Shortage Concerns Deepening

PYMNTS

Central Ohio, Memphis, Tennessee, and Louisville, Kentucky, were all areas with reported shortages last year. A good economy is good news for retailers in a variety of regards. More money in more gainfully employed consumers’ pockets usually equates to more goods and services flying off the shelves — physical, digital or hybrid.

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Shipping Inconsistencies Plague Nonessential eCommerce

PYMNTS

As part of the collaboration, FEMA will gain access to UPS’ central Worldport facilities in Louisville for temporary staging. Nonessential retail is highly dependent – in some cases, completely dependent – on eCommerce during the COVID-19 crisis.

Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

As for AT&T, it reportedly launched 5G service in these cities: Houston, Texas; Dallas, Texas; Atlanta, Texas; Waco, Texas; Charlotte, North Carolina; Raleigh, North Carolina; Oklahoma City, Oklahoma; Jacksonville, Florida; Louisville, Kentucky; New Orleans, Louisiana; Indianapolis, Indiana and San Antonio, Texas. Score one for the Midwest: Verizon said this week (March 13) it will launch its 5G network in Chicago and Minneapolis on April 11.

Kroger Same-Store Sales Miss Views As It Overhauls Stores

PYMNTS

In August, the company rolled out a delivery service called Kroger Ship that uses third-party carriers, which will debut in Houston, Louisville, Nashville and Kroger’s hometown of Cincinnati, Chain Store Age reported at the time. Kroger , the U.S. supermarket chain, posted same-store sales Thursday (Sept. 13) that fell short of Wall Street views, sending the stock lower in trading.

What’s The Reward For Early 5G Deployment? Asia Will Soon Find Out

PYMNTS

Right before Christmas, AT&T reportedly launched 5G service in these cities: Houston, Texas; Dallas, Texas; Atlanta, Texas; Waco, Texas; Charlotte, North Carolina; Raleigh, North Carolina; Oklahoma City, Oklahoma; Jacksonville, Florida; Louisville, Kentucky; New Orleans, Louisiana; Indianapolis, Indiana and San Antonio, Texas. South Korea is taking an early lead in deployment of 5G , with three of the country’s telecoms recently deploying the service.

5G, Biometrics Lead The Way At Mobile World Congress

PYMNTS

As for AT&T, it reportedly launched 5G service in these cities: Houston, Texas; Dallas, Texas; Atlanta, Texas; Waco, Texas; Charlotte, North Carolina; Raleigh, North Carolina; Oklahoma City, Oklahoma; Jacksonville, Florida; Louisville, Kentucky; New Orleans, Louisiana; Indianapolis, Indiana and San Antonio, Texas.

Retail Pulse: FAO Schwarz To Open New Flagship; Amazon Expands Grocery Delivery

PYMNTS

On another note, Amazon and Whole Foods’ Prime Now is now available in Annapolis, North and Central New Jersey, Cleveland, Louisville, Pittsburgh and more areas of San Francisco, according to an announcement. Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback.

Why Thorntons Is Investing In The Loyal C-Store Customer

PYMNTS

Specifically, the Louisville, Kentucky-based Thorntons chain spent much of the late 90s and early 2000s upgrading the convenience experience at its now 192 locations. Traditional convenience store customers aren’t known for, or pursued for, their loyalty. Convenience store buys have historically been viewed as impulsive by nature – the quick candy bar, lotto ticket or pack of smokes (those less of that in the era of anti-tobacco legislation).

Retail Pulse: Brookstone Files For Bankruptcy; Kroger Launches New Delivery Service

PYMNTS

The offering will debut in Houston, Louisville, Nashville and Kroger’s hometown of Cincinnati. . Brookstone , a specialty retailer known for massage chairs and gadgets, used to be a must-see mall retailer. But shopping malls aren’t nearly as busy as they once were, and, with declining foot traffic in U.S. malls, Brookstone is now the latest major brick-and-mortar retailer to announce that it has filed for bankruptcy protection.

Amazon Tracker: By Land, Air, Sea

PYMNTS

As The Wall Street Journal points out, both UPS and FedEx have large delivery hubs close to where Amazon plans to build its own — in nearby Louisville and Memphis, respectively. The second half of January saw Amazon (AMZN) stock up a net 2 percent since its last tracker. On Thursday (Jan. 26) of last week, Amazon stocks neared their all-time high record (set in October 2016), hitting $842.60 in the early afternoon. Since then, prices slid a bit, though they were still up overall.

Uber Of X: Truxx Is The Uber Of Moving

PYMNTS

Also, launch Truxx in Philadelphia, Atlanta and Louisville. Moving large items can be one of the more stressful events in life. Whether it’s time to move into a new apartment or pick up a new toilet at a home improvement store, there are many large items that just do not fit into every car. And sometimes people don’t realize an item won’t fit into their car until they’re already at the store with the purchased item.

Are you doing enough to help customers manage their accounts?

NCR

One respondent, Aleksey Dubrovensky of Louisville, Kentucky, said: “I want a bank to be convenient, secure, and serve me well. With the Consumer Financial Protection Bureau (CFPB) raising concerns that banking customers in the US “continue to experience problems managing their accounts”, it seems that many financial institutions could benefit from refocusing their efforts on delivering the services people want.

Five at Five: Brookstone Ends Era With Bankruptcy

PYMNTS

The supermarket chain launched grocery delivery services using third-party carriers, called Kroger Ship, in several major markets including Houston, Louisville, Nashville and the company’s hometown of Cincinatti. Welcome to the Five at Five, your late look at the payments and commerce news of the day.

The Great Grocery Race Shifts Into High Gear

PYMNTS

In August, the company rolled out a delivery service called Kroger Ship that uses third-party carriers, which will debut in Houston, Louisville, Nashville and Kroger’s hometown of Cincinnati, Chain Store Age reported at the time.

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