Remove Management Remove Marketing Remove Metro Remove Security
article thumbnail

Metro Bank UK: 2023’s Next Bank Collapse? | Samsung’s Trackable Card Unveiled | UBS Tests Tokenized Fund on Public Blockchain

Bussman Advisory

This week’s must-know stories: Metro Bank’s Financial Struggles: Will Metro Bank in the UK be 2023’s next banking collapse? UK’s Metro Bank shares plummeted by 31% following reports of its urgent need to raise funds to stabilize its finances. Tokenizing funds can enhance liquidity and market access.

Metro 52
article thumbnail

Disrupting The Security Deposit With Insurance

PYMNTS

metros that time can extend to a decade and beyond. The average security deposit in the U.S. And of course averages can be misleading — in Manhattan that rent average is over $4,000 a month, while in Wichita, Kansas (the least expensive market in the survey) rents are still well below $1,000 at $639 a month.

Security 132
Insiders

Sign Up for our Newsletter

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

article thumbnail

Car Talk: Shift Announces Plans To Go Public

PYMNTS

IAC will change its name to Shift as the transaction proceeds and the Shift management team of CEO and Co-Founder George Arison and Co-CEO Toby Russell will stay in place. “We Securing that capital is even more complicated than the IAC merger. Arison said the move was about adding capital to scale the company.

article thumbnail

Delivering A Secure Seamless Banking Experience In The Age Of COVID-19

PYMNTS

Many CUs are doubling down on their efforts to digitize their services in a secure manner. The 83-year-old CU, which has 16 branches in the metro Phoenix area and holds $1.9 Establishing methods that replace face-to-face banking transactions with secure alternatives is an important need during these changing times, Vas Nunes noted.

Arizona 159
article thumbnail

UK SMB Challenger Bank Competition Ramps Up

PYMNTS

challenger bank Tide is closing in on surpassing the market share of competitor The Co-Operative Bank , reports in AltFi said this week, highlighting the traction that new market entrants are gaining. s small business banking market. Tide’s current customer count means it has 1.5 percent of the U.K.’s

Metro 108
article thumbnail

Rising Delivery Costs Drives Houlihan’s Restaurant To Chapter 11

PYMNTS

York Capital Management and Mike Archer, a former president of Applebee’s and TGI Fridays, bought Houlihan’s in 2015 and now blames the chapter 11 filing on a number of factors, including expensive leases, a tight labor market and “the rapid growth in costly third-party delivery.”. Documents filed in U.S.

Metro 108
article thumbnail

A Continued Decline in Housing Inventory

TrustBank

If you are looking to buy a house, you have likely observed that the real estate market is very competitive, with increased bidding activity leading to higher prices. One reason that the real estate market is so hot is that there is very low housing inventory available. Prices have continued a very strong increase thus far in 2021.

Metro 52