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.

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

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

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

Podcast: Church Lending and Other Ways to Renew Urban Neighborhoods

ABA Community Banking

As urban areas across the country grow and change, community development financial institutions like Metro Bank in Louisville, Ky., are meeting the unique needs of these evolving neighborhoods.

Prime Now Grocery Delivery Expands Across The US


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.

Lenderfit Launches SMB Lending Tech In Beta


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.

Taco Bell Parent Yum Brands To Acquire Habit Restaurants


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

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.

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


Verizon will be bringing its 5G technology to 30 U.S. cities by the end of the year, according to reports. The wireless giant didn’t specify the cities or the method of deployment, but it did say it would include extremely fast millimeter wave radios. “It’s

AT&T Jumps On The 5G Bandwagon


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.

Instacart, Walmart Canada Work On Grocery Delivery Pilot


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.

Grubhub Spikes 10 Pct Post-CEO Stock Purchase


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.

Shipping Inconsistencies Plague Nonessential eCommerce


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.

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


South Korea is taking an early lead in deployment of 5G , with three of the country’s telecoms recently deploying the service.

Five at Five: Brookstone Ends Era With Bankruptcy


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.

Why Panera Does Its Own Delivery


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.

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 5G Network Launch Foreshadows Mobile Commerce Changes


Score one for the Midwest: Verizon said this week (March 13) it will launch its 5G network in Chicago and Minneapolis on April 11.

5G, Biometrics Lead The Way At Mobile World Congress


The next glimpse of the future of mobile commerce – and all its offshoots – took place this past week in Barcelona, where the product demonstrations and speakers’ comments at the Mobile World Congress (MWC) offered solid ideas about the development of 5G, the new wave of biometrics and other such areas.

Kroger Rolls Out New Grocery Delivery Offering


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.

Retail Labor Shortage Concerns Deepening


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.

Retail 195

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.

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


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.

Tulsa 172

Kroger Same-Store Sales Miss Views As It Overhauls Stores


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.

Are you doing enough to help customers manage their accounts?


One respondent, Aleksey Dubrovensky of Louisville, Kentucky, said: “I want a bank to be convenient, secure, and serve me well.

Regulation and Compliance: Ready for Review

Independent Banker

national financial services partner for the accounting and consulting firm BKD LLP in Louisville, Ky. “We’re Anticipating what’s new for your community bank’s next field examination. By Karen Hoffman. Benjamin Franklin famously said that “by failing to prepare, you are preparing to fail.”

Uber Of X: Truxx Is The Uber Of Moving


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.

Why Thorntons Is Investing In The Loyal C-Store Customer


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


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


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.

Spring Speculation Has Sprung: Walmart, Amazon, Trump And Target


If last week’s reports are accurate, Walmart is reportedly in early-stage talks to acquire Humana, the 13-million-member health insurance company based in Louisville, Kentucky. Spring, after a long delay, has arrived. It seems to have (mostly) stopped snowing, the April Fools’ Day Easter baskets have been put away, and now it’s time to see what green shoots will peek through and grow. Like, for instance…. Will Walmart Buy Humana?

The Great Grocery Race Shifts Into High Gear


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.

Metro 122

Best Monitoring Tools for Personal Brands:


I have been a big fan of Klear for years, and have been able to use the tool for my social media class with the Louisville Bats last year. I am going to be starting my fifth year teaching social media at UofL, and launching my new Advanced SM strategy class as well this term.

Onovative Raises $1 Million in New Funding

Fintech Labs Insights

” As part of the investment, Onovative relocated from its offices in Jeffersonville, Indiana to its new headquarters in downtown, Louisville, Kentucky. Onovative , which introduced its Core iQ bank marketing software at FinovateSpring earlier this year, has raised $1.2

New(ish) Ideas Edition: Google, JPMorgan Chase And Samsung


Reports are emerging that a Southwest flight scheduled to leave Louisville, Kentucky, was delayed after a Samsung phone caught fire. The top news of the week has, of course, been political scandals of all stripes, but at this point, cataloging it all would actually require an entirely separate Data Dive. We somehow imagine that everyone has had enough already, so we’ll skip happily to the sanguine world of payments and commerce where we had lots of stuff happen last week.