How Atlantic Union plans to fill a gap in Virginia's banking market
American Banker
APRIL 1, 2024
Mergers have left Virginia without an independent statewide financial institution. Atlantic Union CEO John Asbury is trying to change that.
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American Banker
APRIL 1, 2024
Mergers have left Virginia without an independent statewide financial institution. Atlantic Union CEO John Asbury is trying to change that.
PYMNTS
AUGUST 24, 2016
23) it has launched its services in Virginia. WorldRemit provides a secure way for Virginia residents to send money to their loved ones around the world. Residents of Virginia now have the power to share money with friends and relatives abroad, 24/7,” commented Brion Nazzaro, director at WorldRemit, in the press release.
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PYMNTS
MAY 4, 2018
Virginia is suing one of the largest online lenders in the U.S. Its parent company, Enova International, reportedly spent more than $100 million in 2017 for marketing. after reportedly charging Virginians millions in interest and fees. According to the lawsuit, NetCredit provided loans to over 47,000 Virginians going back to 2012.
PYMNTS
JUNE 29, 2020
percent on Friday, the highest amount in months, and the company’s market value fell $56 billion. In 2018, as the midterm elections were approaching, Senators Mark Warner of Virginia and Amy Klobuchar of Minnesota sent an open letter to Zuckerberg critiquing his then-new ad policy of requiring those buying ads to note who paid for them.
CFPB Monitor
NOVEMBER 21, 2018
As discussed below, the court’s order is a default judgment in favor of the Virginia AG. Although the AG’s complaint alleged that the interest rates charged on the transactions exceeded Virginia’s usury limits, it did not charge the defendants with violating the state’s usury laws.
PYMNTS
MAY 2, 2019
” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft.
PYMNTS
AUGUST 8, 2018
Amazon and Whole Foods Market announced Wednesday (August 8) the launch of curbside grocery pickup in Sacramento and Virginia Beach. With curbside delivery, Prime members can shop at Whole Foods Market online and pick up their order in thirty minutes without having to get out of their car. A customer can order at 5:00 p.m.,
PYMNTS
AUGUST 22, 2018
Target is expanding its curbside pickup to two new markets: California and Colorado. And Amazon and Whole Foods Market earlier this month announced the launch of curbside grocery pickup in Sacramento and Virginia Beach. With the service, customers order products through Target’s app and drive to the store.
PYMNTS
MARCH 29, 2019
Torc is based in Virginia and was founded in 2005 by CEO Michael Fleming. market,” he said. Torc and other companies developing self-driving technology have attracted attention from venture capitalists and automakers alike as the idea of autonomous trucks inches closer to reality. Fleming said the U.S. Fleming said the U.S.
Banking Exchange
JUNE 14, 2021
BMO Harris Bank’s new premises will cater for mid-market businesses, while Citizens Bank purchases West Virginia branches Community Banking Feature3 Feature Management M&A.
Bank Innovation
APRIL 26, 2019
In Richmond, Virginia, finance job openings grew 31.3% Demand for bankers and financial services workers appears to be waning following a wave of cutbacks at the start of the year. But a few cities are bucking the trend with double-digit growth in finance employment opportunities.
PYMNTS
JANUARY 25, 2021
Canadia's TFI International (TFI) is acquiring Richmond, Virginia-headquartered UPS Freight for $800 million in a deal anticipated to close in the first quarter of 2021. UPS is pulling out of the domestic trucking market to focus on the escalating small package delivery business. billion in 2020 revenue. and Canada.
PYMNTS
OCTOBER 11, 2020
Santander Bank has announced three high-level appointments, two overseeing lending operations and another overseeing marketing, according to a press release. in Information Technology Management from the University of Virginia, according to Santander. Also, Jennifer Mathissen was named chief marketing officer. Smith holds a B.S.
American Banker
JANUARY 3, 2020
Michael Troutman will serve as chief revenue officer at Bay Banks of Virginia, where he will advise management and the board on growth opportunities.
PYMNTS
FEBRUARY 26, 2020
Brink’s, which is based in Richmond, Virginia, said the transaction adds 14 new markets to its realm: the Netherlands, Malaysia , Romania, Belgium, Ireland, Kuwait, the Czech Republic, the Philippines, the Dominican Republic, Cyprus, Indonesia, Lithuania, Estonia and Latvia. and several smaller markets.
Independent Banker
NOVEMBER 13, 2014
There is no reason to discount the positive effect employees can have in the Internet market, provided they exercise the appropriate regulatory and internal protocol standards. Marketing officers will appreciate the data received from company pages, information which will support sales and marketing efforts as well as retention efforts.
PYMNTS
SEPTEMBER 19, 2019
Wing is the first drone operator to be certified by the Federal Aviation Administration as an air carrier, and the drone delivery service will be available to eligible residents in Christiansburg, Virginia, starting in October. . Department of Transportation’s Integration Pilot Program, starting in 2016.
PYMNTS
JANUARY 8, 2018
Small but mighty, German discount grocer Lidl — a brand known for not only its low prices, but also its innovative store layouts and private labels, including clothing — has already gobbled up 3 percent of local market share since the chain came to Winston-Salem, North Carolina, in June 2017. jobs in the next year.
PYMNTS
NOVEMBER 15, 2018
Data: $10 billion: Current value of the global digital identity market. 217 percent: The increase in searches for home listings in Crystal City, Virginia since Amazon officially announced it as one of two HQ2 locations. 46 percent: Share of B2B payments made by check. 24 percent: Share of millennials who are credit union members.
PYMNTS
JULY 30, 2020
Greg McBride, chief financial analyst at Bankrate.com, said the virus spread and economic rollbacks in the weeks since do not bode well for the labor market in the weeks and months ahead. economy’s backslide as some states dealt with a resurgence in coronavirus cases and re-closed businesses.
PYMNTS
DECEMBER 27, 2019
With blackjack and roulette on mobile phones, the growing market for online sports wagering in New Jersey has introduced gamblers to virtual casino games. The market was set up to be incredibly competitive,” Grove said, according to the report, “and that competition is successfully producing a product that’s engaging consumers.”.
PYMNTS
AUGUST 3, 2020
Quincy Krosby , chief market strategist at Prudential Financial in Newark, New Jersey, said it proved there were “pockets of absolute strength in corporate America.”. Though the quarter is still expected to be a historic low in general, 82.1 The number is the highest in the history of Refinitiv IBES data going back to 1994, Reuters reported.
PYMNTS
JANUARY 15, 2020
CVS rolled out three HealthHUB concept stores in Texas close to the conclusion of 2018 and grew the offering to 50 locations in four markets by the end of last year. Dallas-Fort Worth, Boston, Ohio and North Carolina are among the next markets the pharmacy chain is targeting for the growth of HealthHUB in 2020.
PYMNTS
JANUARY 13, 2020
Virginia-based TWS specializes in radio frequency (RF), network design services, installation, testing and optimization for original equipment manufacturers (OEMs) and other companies across the U.S. market requires scale and innovation for the next generation of wireless technologies.
PYMNTS
JANUARY 13, 2020
Virginia-based TWS specializes in radio frequency (RF), network design services, installation, testing and optimization for original equipment manufacturers (OEMs) and other companies across the U.S. market requires scale and innovation for the next generation of wireless technologies.
PYMNTS
MARCH 11, 2020
“We’re always looking for ways to create a more convenient and rewarding shopping experience for our customers that delivers more of what matters to them,” Mark Irby, Publix vice president of Marketing, said in the announcement.
PYMNTS
SEPTEMBER 18, 2019
started offering Juul vaporizers in addition to refill pods in flavors like Virginia tobacco and mint from Sept. Markets in Asia are important for the company to expand its user base, particularly the world’s largest cigarette market of China. The news comes as a report surfaced that Juul Labs Inc.’s Alibaba Group Holding Ltd.’s
Abrigo
JUNE 27, 2023
Key Takeaways Real estate markets are vulnerable to money laundering and fraud because of their transaction size and appreciation over time. The real estate market is enticing to more than just new homeowners or investors. Real estate market AML risks Real estate is a proven, traditional, and well-established marketplace.
PYMNTS
DECEMBER 11, 2019
The company has properties in Seattle, Houston, Arlington and Tysons Corner, Virginia. WhyHotel said it will use the capital injection to extend into additional markets. The alternative accommodation market is a growing trend that was spearheaded by Airbnb , which has plans of going public soon.
PYMNTS
SEPTEMBER 8, 2016
Alphabet, Google’s parent company, has announced the first initiative for Project Wing, its drone-delivery project: supplying Virginia Tech students with Chipotle burritos. Back in 2013, the FAA selected Virginia Tech, as part of the Mid-Atlantic Aviation Partnership (MAAP), to be one of six unmanned aircraft test sites.
PYMNTS
SEPTEMBER 8, 2016
Alphabet, Google’s parent company, has launched Project Wing, a drone-delivery project initially supplying Virginia Tech students with Chipotle burritos. Back in 2013, the FAA selected Virginia Tech, as part of the Mid-Atlantic Aviation Partnership, to be one of six unmanned aircraft test sites. That’s right, we said burritos.
PYMNTS
NOVEMBER 10, 2020
“The startup process for Enhanced Fraud Services was completely seamless, and we began to see the benefits of the service quickly,” said Tim Comeau, manager of payment strategy at the State Department Federal Credit Union in Alexandria, Virginia.
PYMNTS
NOVEMBER 15, 2018
million to a Virginia company to handle “large cash payments for processing cannabis federal taxes.”. It’s important to note that the cannabis market’s struggles to access banking services are not limited to small dispensary storefronts, though they are undoubtedly affected by such legal hurdles.
Tech and Finance
JUNE 8, 2017
Engle’s prior roles at Bank of America include the consumer bank’s chief technology officer, chief information officer of consumer technology and operations, and, most recently, chief information officer of Bank of America’s Global Banking and Markets businesses. In her spare time, she mentors FinTech start-ups in London and the U.S.,
CFPB Monitor
FEBRUARY 25, 2021
The lawsuit was filed in a Virginia federal district court jointly with the Attorneys General of Virginia, Massachusetts, and New York. He stated that “[s]topping these kinds of cash-grab schemes is part of the Bureau’s commitment to addressing racial injustice in the market.”.
PYMNTS
SEPTEMBER 30, 2019
Virginia-based PuroTrader connects approximately 10,000 active luxury cigar sellers — a group primarily made up of retailers, with a smaller share of individual sellers — with collectors interested in making purchases. Small tobacco retailers can therefore struggle to build visibility among consumers when entering new markets.
PYMNTS
MAY 15, 2020
Founded in 1997, the publicly traded company is on a mission to grab a share of a market dominated by competitors such as Alibaba, Amazon, Walmart and Dillard’s, and to drive traffic to its eCommerce and financial services. On Thursday (May 14), the firm reported growing operating losses at its mobile business.
PYMNTS
JUNE 26, 2020
It announced this week that it is piloting Fuel Loyalty at participating 7-Eleven stores in North and South Orlando, Florida; North Texas; and Woodbridge, Virginia. It is starting in the aforementioned test markets and Apple devices and will quickly roll out nationwide and to Android devices. “We
PYMNTS
OCTOBER 1, 2020
In August, Walmart partnered with Instacart to offer same-day delivery across select markets in the U.S. Initially, it will make deliveries from 750 stores nationwide in a first phase covering Virginia; Maryland; Washington, D.C.; and Canada, according to the announcement. Florida; and Texas.
PYMNTS
JUNE 12, 2019
The company will sell the products in states such as Arizona, Washington, Indiana, Kansas, Kentucky, Tennessee, West Virginia and Michigan, among others. released in February, the market could reach $16 billion by the year 2025. The move comes as the grocer aims to contend with Walmart and Amazon by repositioning its business.
PYMNTS
AUGUST 14, 2020
Plastic foam has managed to spend nearly eight decades at the top of the packaging market despite the fact that it’s annoyingly squeaky and crumbles under the slightest pressure. And we also, in the process, became full-blown manufacturers” out of manufacturing facilities in Las Vegas, Nevada and Richmond, Virginia.
PYMNTS
JANUARY 23, 2019
The test flight was held in Manassas, Virginia. Uber has a target date of 2023 to launch Uber Air , while others in the market think it will take far longer for flying taxis to get the blessing of the Federal Aviation Administration. “We The prototype runs on battery and will be able to fly for 50 miles.
PYMNTS
MAY 14, 2019
SoftBank has lost about $16 billion in market value, as Uber fell almost 20 percent below its IPO price. Masayoshi Son, CEO of SoftBank, said the bank controls 90 percent of the ride-hailing market, including shares in Didi Chuxing, Grab and Ola in India. billion) shares.
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