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Strong revenue growth powered First Horizon in Memphis to a 7% increase in third-quarter earnings. consumer-finance tn breaking_news national-regional MORE
In addition to its partnership with Mastercard, Evolve Bank & Trust, the Memphis-based lender, will provide a free checking account and debit card. Branch , the digital bank startup, is branching out. The Minneapolis-based company has partnered with Mastercard to offer consumers access to their funds through their Branch Mastercard debit cards by adding it to mobile wallets, including Apple Pay, from the Branch mobile app. . MORE
It has been involved in companies like Memphis Meat, Beyond Meat, Kite Hill, Geltor, Good Dot, Aleph Farms, Supermeat, Mosa Meat, New Wave and Zero Egg. “We Novameat, a Spanish food startup that wants to bring plant-based meat alternatives to the public, has gotten an investment from New Crop Capital to bring its 3D printed plant-based steaks to market, according to a report by TechCrunch. MORE
I’ll be traveling to Memphis to visit Vining Sparks and CRA Partners. “Your character, integrity and strong reputations will continue to serve you well.”. With the 10th anniversary of the Wall Street financial crisis just behind us, let us not forget the wrongdoings of the nation’s largest and most systemically important banks—wrongdoings that led to the Great Recession and the undoing of one too many American dreams. MORE
The Memphis-based delivery company has instead seen a massive upswing in low-margin personal home deliveries as people start to shift to eCommerce during the pandemic. With home deliveries surging, FedEx may be looking to acquire stake in German delivery firm Hermes , according to the Handelsblatt newspaper, as reported by Reuters. MORE
In fact, Trip Miller, managing partner at Memphis-based Gullane Capital Partners and a longtime FedEx shareholder, said the pilot shortage will hit FedEx hardest in about three to five years. “We FedEx is paying retirement-age pilots bonuses of as much as $110,000 to keep them flying during the holiday season. MORE
First Horizon National in Memphis, Tenn., reports solid quarterly results on the strength of revenue growth. breaking_news performance earnings-national-regional-banks tn national-regional MORE
Baptist Memorial Health Care in Memphis, Tenn., is among the first to enable real-time payment posting into Epic systems and a single deposit that reconciles daily with the Baptist Memorial system. Real-time payments Healthcare industry Bill pay MORE
First Tennessee Bank in Memphis has recruited a quartet of executives for its expanding specialty banking lines that serve the franchising, healthcare, music, and transportation industries. breaking_news commercial-lending people tn national-regional MORE
WMA president Scott Mills spoke at the Sawyers & Jacobs 2019 Bank Tech Summit in Memphis, Tennessee about how fintech accelerators and incubators can be of service to community financial institutions. MORE
In June, the retailer unveiled a new fulfillment center in Memphis. After closing its doors earlier in the year, a former Sam’s Club store outside of Chicago will become a fulfillment center for eCommerce orders. The new facility will be the second distribution hub of its kind in the U.S., the Chicago Tribune reported. Once completed, the new center will serve as a regional hub for Sam’s Club online orders and will cover several hundred miles around Chicago. MORE
First Tennessee Bank in Memphis said Tuesday that has promoted three executives in its Middle Atlantic region. breaking_news people corporate-governance tn community-banking MORE
First Tennessee Bank in Memphis is giving veteran regional leader Pam Fansler an unusual retirement present: a chairmanship. people womenin-banking tn community-banking MORE
According to a report in USA Today in August, the service was available in Atlanta and Augusta, Georgia; Knoxville, Memphis, and Nashville, Tennessee; Little Rock, Arkansas, as well as other cities and regions. 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. MORE
In Memphis, Tennessee, rents were up 6 percent, while rent climbed around 5 percent in Phoenix, Detroit and Cleveland, per the news outlet. MORE
The new cities are Memphis, Tennessee; New York City, New York; Jacksonville, Florida; Dallas, Texas; St. Ride-hailing company Uber is expanding its Ride Pass program, a subscription service that lets riders pay a monthly fee for discounted rides on all Uber platforms, including electric bikes, scooters, UberX, Uber Pool and Express Pool, according to reports. When the program was first introduced last year, the cost was $14.99 per month. MORE
When state and federal regulators closed Trust Company Bank in Memphis, Tenn., on Friday, it was only the second U.S. bank failure this year. breaking_news community-banking dealmaking-strategy fdic consolidation tn law-regulation MORE
The project has to be approved in the proposed test cities, including Memphis, where it has the go-ahead from Mayor Jim Strickland. FedEx plans to start testing a delivery robot this summer for “last-mile” home deliveries, and has partnered with Walmart, Pizza Hut and others to try out the technology, according to reports. MORE
A unit of First Horizon National in Memphis, Tenn., has agreed to buy Coastal Securities, a Houston firm that trades, securitizes and analyzes Small Business Administration loans. breaking_news dealmaking-strategy national-regional MORE
First Horizon National in Memphis, Tenn., reported improved quarterly earnings that reflected higher revenue. breaking_news consumer-finance commercial-lending performance tn national-regional MORE
Artificial Intelligence Education Carnegie Mellon Google Deepmind Harvard University IARPA Oxford University University of Memphis University of WashingtonArtificial Intelligence is one of the most exciting fields of growing technology. There are incredible advancements in AI happening on a regular basis. Many of the top universities around the world are involving themselves in some very interesting and exciting AI projects. These projects cover a pretty wide range of. MORE
cities such as Charlotte, North Carolina and Memphis, Tennessee. In today’s top retail news, GoFor Industries has debuted a “Shop Local” effort in some U.S. cities, while certain CVS Pharmacy stores in six additional states will get COVID-19 vaccines to qualified populations. MORE
Tri-State Bank of Memphis in Tennessee has hired Christine Munson, formerly of First Tennessee Bank, as its chief executive. breaking_news people womenin-banking tn community-banking MORE
The Memphis company is looking to take out more costs than initially planned due to the economic uncertainty brought on by the coronavirus pandemic. MORE
First Horizon in Memphis, Tenn., and Wintrust Financial in Rosemont, Ill., have agreed to buy more than $1.2 billion in franchise loans from GE Capital. breaking_news national-regional tn dealmaking-strategy MORE
Bryan Jordan, chairman and chief executive of First Horizon National in Memphis, Tenn., M&A activity has slowed this year, and D. doesn't see that changing anytime soon. breaking_news national-regional dealmaking-strategy MORE
The Memphis company's forecast for the remainder of the year calls for cost saves from a branch-reduction effort that's gaining momentum as online and mobile banking grow and monthly visits to branches plummet. consumer-finance dealmaking-strategy bank-technology performance m-a commercial-lending mobile national-regional MORE
Kavita Shelat, a member of Baker Donelson’s Financial Services Group in Memphis, advises financial institutions in her article HMDA Data for Small Business Loans? In December of 2016, the Consumer Financial Protection Bureau’s associate directors of the Office of Fair Lending expressed a new shift in priorities that will increase focus on small business lending, among other loan types. MORE
Sources have said that the Japanese conglomerate is reportedly in talks about funding Alto Pharmacy , a pharmaceutical delivery startup; Creator , which is focused on robotic burger-making; and Memphis Meats, a maker of lab-grown meat. SoftBank’s Vision Fund, Memphis Meats and Alto Pharmacy all declined to comment, while Creator did not immediately respond to a request for comment. Investments Alto Pharmacy Creator Memphis Meats News SoftBank Group Corp. SoftBank Group Corp. MORE
A COVID-19 vaccine has at last been approved in the U.S. for distribution. That is undeniably good news. The not so good news? MORE
Nashville, Tennessee; Memphis, Tennessee; Charlotte, North Carolina; and Baltimore, Maryland, according to a Wednesday (Feb. Ottawa, Canada-based logistics marketplace GoFor Industries has rolled out a “Shop Local” initiative in Washington, D.C.; MORE
Sources have said that the Japanese conglomerate is reportedly in talks about funding Alto Pharmacy , a pharmaceutical delivery startup; Creator , which is focused on robotic burger-making; and Memphis Meats, a maker of lab-grown meat. SoftBank’s Vision Fund, Memphis Meats and Alto Pharmacy all declined to comment, while Creator did not immediately respond to a request for comment. Investments Alto Pharmacy Creator Memphis Meats News SoftBank Group Corp. SoftBank Group Corp. MORE
Cargill has backed lab-grown meat startup Memphis Meats (Aug’17), pea protein producer PURIS (Jan’18), and Calysta (Feb’16 and May’17), a company designing methane-based proteins. Tyson has invested in Memphis Meats (Jan’18) and Beyond Meat (Oct’16 and Dec’17), and most recently announced an investment in Israel-based clean meat startup Future Meat Technologies (May’18). MORE
First Tennessee Bank in Memphis announced Wednesday that it will commit $1 million to Operation Hope’s new HOPE Fund to offer free financial literacy education in low-income communities. breaking_news consumer-finance tn national-regional MORE
So far the only city it has launched in is Memphis — though Nashville and eventually urban areas across the U.S. That expansion will take some doing, as FIX’s future depends on masterful management of the very high-touch logistics system it has created, one that is managed from what the company describes as a “state-of-the-art production facility” at its headquarters in Memphis. MORE
But 24 cities experienced vacancy rates that exceeded 12 percent, with the inclusion of Buffalo, Memphis and Albuquerque. Some geographies are coping with the upheaval in retail better than others, as vacancies in U.S. shopping malls reach an eight-year high. Reis data indicates that the proportion of units sitting empty in some cities – with the inclusion of Birmingham, Alabama and Indianapolis, Indiana – is roughly four times higher than San Francisco, the Financial Times reported. MORE
Memphis Related Topics American Banker
MARCH 4, 2016
Tri-State Bank of Memphis in Tennessee has hired Christine Munson, formerly of First Tennessee Bank, as its chief executive. breaking_news people womenin-banking tn community-banking
PYMNTS
OCTOBER 27, 2019
Sources have said that the Japanese conglomerate is reportedly in talks about funding Alto Pharmacy , a pharmaceutical delivery startup; Creator , which is focused on robotic burger-making; and Memphis Meats, a maker of lab-grown meat. SoftBank’s Vision Fund, Memphis Meats and Alto Pharmacy all declined to comment, while Creator did not immediately respond to a request for comment. Investments Alto Pharmacy Creator Memphis Meats News SoftBank Group Corp. SoftBank Group Corp.
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PYMNTS
OCTOBER 27, 2019
Sources have said that the Japanese conglomerate is reportedly in talks about funding Alto Pharmacy , a pharmaceutical delivery startup; Creator , which is focused on robotic burger-making; and Memphis Meats, a maker of lab-grown meat. SoftBank’s Vision Fund, Memphis Meats and Alto Pharmacy all declined to comment, while Creator did not immediately respond to a request for comment. Investments Alto Pharmacy Creator Memphis Meats News SoftBank Group Corp. SoftBank Group Corp.
Payments Source
AUGUST 31, 2020
Baptist Memorial Health Care in Memphis, Tenn., is among the first to enable real-time payment posting into Epic systems and a single deposit that reconciles daily with the Baptist Memorial system. Real-time payments Healthcare industry Bill pay
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Dataconomy
SEPTEMBER 20, 2017
Artificial Intelligence Education Carnegie Mellon Google Deepmind Harvard University IARPA Oxford University University of Memphis University of WashingtonArtificial Intelligence is one of the most exciting fields of growing technology. There are incredible advancements in AI happening on a regular basis. Many of the top universities around the world are involving themselves in some very interesting and exciting AI projects. These projects cover a pretty wide range of.
American Banker
OCTOBER 23, 2020
The Memphis company is looking to take out more costs than initially planned due to the economic uncertainty brought on by the coronavirus pandemic.
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American Banker
OCTOBER 11, 2016
First Tennessee Bank in Memphis said Tuesday that has promoted three executives in its Middle Atlantic region. breaking_news people corporate-governance tn community-banking
American Banker
NOVEMBER 21, 2016
First Tennessee Bank in Memphis is giving veteran regional leader Pam Fansler an unusual retirement present: a chairmanship. people womenin-banking tn community-banking
American Banker
OCTOBER 14, 2016
Strong revenue growth powered First Horizon in Memphis to a 7% increase in third-quarter earnings. consumer-finance tn breaking_news national-regional
American Banker
JULY 15, 2016
First Horizon National in Memphis, Tenn., reports solid quarterly results on the strength of revenue growth. breaking_news performance earnings-national-regional-banks tn national-regional
American Banker
OCTOBER 27, 2016
A unit of First Horizon National in Memphis, Tenn., has agreed to buy Coastal Securities, a Houston firm that trades, securitizes and analyzes Small Business Administration loans. breaking_news dealmaking-strategy national-regional
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American Banker
SEPTEMBER 28, 2016
First Tennessee Bank in Memphis announced Wednesday that it will commit $1 million to Operation Hope’s new HOPE Fund to offer free financial literacy education in low-income communities. breaking_news consumer-finance tn national-regional
PYMNTS
FEBRUARY 24, 2021
cities such as Charlotte, North Carolina and Memphis, Tennessee. In today’s top retail news, GoFor Industries has debuted a “Shop Local” effort in some U.S. cities, while certain CVS Pharmacy stores in six additional states will get COVID-19 vaccines to qualified populations.
American Banker
SEPTEMBER 13, 2016
Bryan Jordan, chairman and chief executive of First Horizon National in Memphis, Tenn., M&A activity has slowed this year, and D. doesn't see that changing anytime soon. breaking_news national-regional dealmaking-strategy
American Banker
APRIL 15, 2016
First Horizon National in Memphis, Tenn., reported improved quarterly earnings that reflected higher revenue. breaking_news consumer-finance commercial-lending performance tn national-regional
American Banker
OCTOBER 18, 2016
First Tennessee Bank in Memphis has recruited a quartet of executives for its expanding specialty banking lines that serve the franchising, healthcare, music, and transportation industries. breaking_news commercial-lending people tn national-regional
American Banker
APRIL 29, 2016
When state and federal regulators closed Trust Company Bank in Memphis, Tenn., on Friday, it was only the second U.S. bank failure this year. breaking_news community-banking dealmaking-strategy fdic consolidation tn law-regulation
PYMNTS
FEBRUARY 8, 2021
In Memphis, Tennessee, rents were up 6 percent, while rent climbed around 5 percent in Phoenix, Detroit and Cleveland, per the news outlet.
American Banker
JUNE 27, 2016
First Horizon in Memphis, Tenn., and Wintrust Financial in Rosemont, Ill., have agreed to buy more than $1.2 billion in franchise loans from GE Capital. breaking_news national-regional tn dealmaking-strategy
William Mills
NOVEMBER 21, 2019
WMA president Scott Mills spoke at the Sawyers & Jacobs 2019 Bank Tech Summit in Memphis, Tennessee about how fintech accelerators and incubators can be of service to community financial institutions.
PYMNTS
MAY 27, 2020
The Memphis-based delivery company has instead seen a massive upswing in low-margin personal home deliveries as people start to shift to eCommerce during the pandemic. With home deliveries surging, FedEx may be looking to acquire stake in German delivery firm Hermes , according to the Handelsblatt newspaper, as reported by Reuters.
PYMNTS
JUNE 16, 2020
In addition to its partnership with Mastercard, Evolve Bank & Trust, the Memphis-based lender, will provide a free checking account and debit card. Branch , the digital bank startup, is branching out. The Minneapolis-based company has partnered with Mastercard to offer consumers access to their funds through their Branch Mastercard debit cards by adding it to mobile wallets, including Apple Pay, from the Branch mobile app. .
PYMNTS
DECEMBER 14, 2020
A COVID-19 vaccine has at last been approved in the U.S. for distribution. That is undeniably good news. The not so good news?
PYMNTS
OCTOBER 3, 2019
But 24 cities experienced vacancy rates that exceeded 12 percent, with the inclusion of Buffalo, Memphis and Albuquerque. Some geographies are coping with the upheaval in retail better than others, as vacancies in U.S. shopping malls reach an eight-year high. Reis data indicates that the proportion of units sitting empty in some cities – with the inclusion of Birmingham, Alabama and Indianapolis, Indiana – is roughly four times higher than San Francisco, the Financial Times reported.
PYMNTS
OCTOBER 30, 2019
So far the only city it has launched in is Memphis — though Nashville and eventually urban areas across the U.S. That expansion will take some doing, as FIX’s future depends on masterful management of the very high-touch logistics system it has created, one that is managed from what the company describes as a “state-of-the-art production facility” at its headquarters in Memphis.
American Banker
APRIL 15, 2016
The Memphis company's forecast for the remainder of the year calls for cost saves from a branch-reduction effort that's gaining momentum as online and mobile banking grow and monthly visits to branches plummet. consumer-finance dealmaking-strategy bank-technology performance m-a commercial-lending mobile national-regional
PYMNTS
SEPTEMBER 6, 2019
It has been involved in companies like Memphis Meat, Beyond Meat, Kite Hill, Geltor, Good Dot, Aleph Farms, Supermeat, Mosa Meat, New Wave and Zero Egg. “We Novameat, a Spanish food startup that wants to bring plant-based meat alternatives to the public, has gotten an investment from New Crop Capital to bring its 3D printed plant-based steaks to market, according to a report by TechCrunch.
PYMNTS
MARCH 26, 2019
The new cities are Memphis, Tennessee; New York City, New York; Jacksonville, Florida; Dallas, Texas; St. Ride-hailing company Uber is expanding its Ride Pass program, a subscription service that lets riders pay a monthly fee for discounted rides on all Uber platforms, including electric bikes, scooters, UberX, Uber Pool and Express Pool, according to reports. When the program was first introduced last year, the cost was $14.99 per month.
PYMNTS
FEBRUARY 27, 2019
The project has to be approved in the proposed test cities, including Memphis, where it has the go-ahead from Mayor Jim Strickland. FedEx plans to start testing a delivery robot this summer for “last-mile” home deliveries, and has partnered with Walmart, Pizza Hut and others to try out the technology, according to reports.
PYMNTS
SEPTEMBER 14, 2018
According to a report in USA Today in August, the service was available in Atlanta and Augusta, Georgia; Knoxville, Memphis, and Nashville, Tennessee; Little Rock, Arkansas, as well as other cities and regions. 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.
PYMNTS
AUGUST 16, 2018
In June, the retailer unveiled a new fulfillment center in Memphis. After closing its doors earlier in the year, a former Sam’s Club store outside of Chicago will become a fulfillment center for eCommerce orders. The new facility will be the second distribution hub of its kind in the U.S., the Chicago Tribune reported. Once completed, the new center will serve as a regional hub for Sam’s Club online orders and will cover several hundred miles around Chicago.
Abrigo
JULY 11, 2017
Kavita Shelat, a member of Baker Donelson’s Financial Services Group in Memphis, advises financial institutions in her article HMDA Data for Small Business Loans? In December of 2016, the Consumer Financial Protection Bureau’s associate directors of the Office of Fair Lending expressed a new shift in priorities that will increase focus on small business lending, among other loan types.
PYMNTS
OCTOBER 4, 2018
In fact, Trip Miller, managing partner at Memphis-based Gullane Capital Partners and a longtime FedEx shareholder, said the pilot shortage will hit FedEx hardest in about three to five years. “We FedEx is paying retirement-age pilots bonuses of as much as $110,000 to keep them flying during the holiday season.
Independent Banker
SEPTEMBER 30, 2018
I’ll be traveling to Memphis to visit Vining Sparks and CRA Partners. “Your character, integrity and strong reputations will continue to serve you well.”. With the 10th anniversary of the Wall Street financial crisis just behind us, let us not forget the wrongdoings of the nation’s largest and most systemically important banks—wrongdoings that led to the Great Recession and the undoing of one too many American dreams.
CB Insights
MAY 10, 2018
Cargill has backed lab-grown meat startup Memphis Meats (Aug’17), pea protein producer PURIS (Jan’18), and Calysta (Feb’16 and May’17), a company designing methane-based proteins. Tyson has invested in Memphis Meats (Jan’18) and Beyond Meat (Oct’16 and Dec’17), and most recently announced an investment in Israel-based clean meat startup Future Meat Technologies (May’18).
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