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Deutsche Bank, PNC Plan To Reduce Brick-And-Mortar Bank Branch Footprints

PYMNTS

The company recently said it would shutter 180 out of 380 offices in the country, while putting $115 million toward its online client offering and eliminating 1,000 positions. The company has opened a minimum of 13 “solutions centers” in places such as Nashville, Tennessee and Dallas that provide an alternative to the usual bank office.

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Stepping Into 21st Century Hospitality With Apartments And Technology

PYMNTS

When it comes to partnerships, the company works with multifamily property management companies. Beyond Frontdesk, Mint House aims to deliver a hotel-like experience that is trusted and secure as well as built on a suite of amenities powered by technology. It has units in cities such as Charlotte, Tampa, Milwaukee and Columbus.

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Ascend Federal Credit Union On Protecting The Benefits Of ITMs

PYMNTS

We needed a way to open several new branches in Nashville,” he explained. But by extending our operating hours and centralizing the management of our tellers, ITMs are the solution that we chose [instead].”. These perks for both customers and CU management are effective only if the ITMs are safe to use, however.

ATM 154
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Dodd/Frank-CFPB: Small Business Lending Data Collection Rule

Abrigo

The data is intended to help the CFPB enforce fair lending laws and could also be used by the government and small business lenders to identify the needs of businesses, said Michelle Lucci, Abrigo Regulatory Compliance Manager. This will include any online lender, platform lender, fintech – this is going to be everybody.”

Lending 195
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55 US Companies That Became Unicorns In 2018

CB Insights

New York, Boston, Chicago, and Nashville, among other cities, all played host to newly minted unicorns last year. Samsara’s applications include fleet management, collision prevention, and delivery coordination. Company Description: Based in Nashville, Tennessee, SmileDirectClub provides at-home teeth-straightening kits.

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11 Lessons From Startup Chapter 11s

CB Insights

The company struggled with several aspects of its business, including managing the cost of individual meals and ongoing problems with food waste — but it used the money it raised to pursue an aggressive expansion strategy nonetheless. The company tried to scale an online marketplace while opening multiple brick and mortar locations.

Apple 78
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The 2023 GonzoBanker Awards

Gonzobanker

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Importantly, Huntington has continued to focus on digital investments and its strong legacy of product management to remain a progressive regional bank. Nobody is quite sure which side this seesaw will land on.

Fintech 195