Arizona deal is 11th credit union takeover of bank this year
American Banker
NOVEMBER 7, 2023
Federal Credit Union in Yuma said it would acquire West Valley National Bank in a bid to expand into Phoenix and Las Vegas.
National Small Business Week Celebrates the American Entrepreneurial Spirit
Abrigo
APRIL 28, 2016
Small Business Administration What creates two out of three net new American jobs; produces close to half of our nation’s goods and services (nonfarm private GDP); and can be found, coast to coast, in every small town, big city and rural enclave? Tune in all week for live-streaming , beginning at 7:30 p.m. Every business starts small.
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5 reasons your financial institution should attend the ThinkBIG 2024 conference
Abrigo
JANUARY 30, 2024
The ThinkBIG 2024 conference is June 3-6 in Phoenix, Arizona, and with 99% of last year’s attendees saying they would recommend the conference to others, Abrigo expects another large crowd. Consistently rated a top industry event by attendees, ThinkBIG brought together 650 people from banks, credit unions, and partners in 2023.
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Finastra onboards 25 financial institutions onto cloud-based core banking solution
BankInovation
AUGUST 23, 2021
Financial services software provider Finastra onboarded 25 clients onto its cloud-based core banking solution, Fusion Phoenix, during the 2021 fiscal year.
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First National Bank of Manchester selects Finastra for core banking upgrades
The Paypers
SEPTEMBER 30, 2021
UK-based banking architecture provider Finastra has announced that First National Bank of Manchester (FNBM) has selected Fusion Phoenix as its new core banking solution.
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Pizza Hut Is Now Delivering Beer With Pizzas
PYMNTS
DECEMBER 5, 2017
The company announced the test delivery service is live in the Phoenix, Arizona, area for consumers aged 21 and older, and will be offering six-packs of Budweiser, Bud Light, Shocktop and locally brewed craft beer during its initial phase. Wine delivery is slated for availability in January.
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Uber, Lime Pause Some Ridesharing Services
PYMNTS
MARCH 17, 2020
That option has now been deactivated in users’ apps in the two nations. And as it continues monitoring coronavirus developments, Waymo is pausing its Waymo One service in Metro Phoenix with trained drivers, the company said in a series of tweets. North America is responsible for the lion’s share of the ridesharing company’s revenue.
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Opendoor Trims Employees And Perks
PYMNTS
JUNE 30, 2019
It has also asked between 200 and 300 people in offices across the country to relocate to its Phoenix location, said the people, all of whom asked not to be identified because the company is private.”. A company spokesperson told Bloomberg that Opendoor was “streamlining operations in our Phoenix office” as a way to improve customer service.
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Five At Five: Amazon To Offer Yext On Alexa Devices
PYMNTS
JULY 25, 2018
The standard was built with 10 multi-national corporate firms and 12 leading banks. Waymo To Offer Self-Driving Rides To Walmart Customers In Phoenix. The autonomous vehicle subsidiary of Alphabet said it plans to offer self-driving rides to Walmart customers in the Phoenix area to pick up online grocery orders.
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Tuesday Morning Seeks Chapter 11 Bankruptcy Protection
PYMNTS
MAY 27, 2020
It has asked the bankruptcy court to give the go-ahead to close a minimum of 132 locations in phase one and ultimately the Phoenix distribution center that serves those locations. The retailer, which was started in 1974 and is based in Texas, has roughly 700 locations throughout the nation.
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Scottsdale Community Bank: Making microloans
Independent Banker
JANUARY 31, 2023
We are a dynamic bank for a dynamic community, and we conduct business in one of the fastest-growing areas of the nation,” Weisz says. “We Expanding the lemonade stand Something So Worth It—a nonprofit organization in Phoenix, Ariz., Besides using the latest technology, Scottsdale Community Bank relies on truly personal service.
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Alphabet-Backed Healthcare Startup, One Medical, To IPO
PYMNTS
JANUARY 5, 2020
According to the filing , One Medical has nine locations — Boston, Chicago, Los Angeles, New York, Phoenix, San Diego, the San Francisco Bay Area, Seattle and Washington, D.C. trillion in 2018, as measured by Kaiser Family Foundation analysis of National Health Expenditure data.
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eScooter Startup Lime Exits 12 Markets, Fires 14 Pct. Of Staff
PYMNTS
JANUARY 10, 2020
Lime is shuttering operations in Atlanta, Phoenix, San Diego, and San Antonio in the US; Linz, Austria in Europe; and Bogotá, Buenos Aires, Montevideo, Lima, Puerto Vallarta, Rio de Janeiro, and São Paulo in Latin America. LimePass will be released in cities across the nation, as well as in New Zealand and Australia.
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New Chipotle Stores To Feature Drive-Throughs, Walk-Up Windows
PYMNTS
DECEMBER 19, 2019
Chipotle stated that its restaurant location in Chicago, Phoenix, Cincinnati, San Diego and Newport Beach will participate in the debut, CNBC reported. Both its new and existing locations will be involved in the restaurant design trial as well, prior to determining which design will roll out nationally.
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GPS Order Tracking Helps Fuel New Retail Innovation
PYMNTS
DECEMBER 10, 2019
The feature was tested in San Diego, Phoenix, Dallas and Austin, and was made available across the country on Oct. 3, National Sandwich Day; 18,512 pickles given away on Nov. 14, National Pickle Day; and 100,925 free sides earned on this past Cyber Monday (Dec. Checkout is the same as always, and everyone can track the order.
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Starbucks Opening Two New Locations To Boost Minority Business
PYMNTS
MAY 30, 2017
Starbucks announced that it will open stores in Dallas, Texas and Trenton, New Jersey as part of its program to invest in at least 15 underserved communities across the nation by 2018. Starbucks has opened six similar stores so far, including in Ferguson, Missouri, central Phoenix, and East Baltimore.
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The Antiques Market Bids Heavy On eCommerce
PYMNTS
MARCH 31, 2020
We do print ads locally, and we have a newsletter that goes to about 2,000 customers, but now we have a chance to be more national and even international,” Steffenson noted. In fact, many of the company’s best customers are from China. “We Will this change the way people buy antiques?
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Coronavirus Update: Target Increases Pay, Provides Bonuses; Asda To Bring Over 5,000 Workers Onboard
PYMNTS
MARCH 20, 2020
The vehicles that don’t have drivers are used in an experimental program in Phoenix for ridesharing customers in addition to local delivery offerings. The company has operations in multiple nations such as the United Kingdom and Australia.
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CFPB December 2016 complaint report highlights debt collection complaints, complaints from Arizona consumers
CFPB Monitor
DECEMBER 28, 2016
The report also highlights complaints from consumers in Arizona and the Phoenix metro area. General findings include the following: As of December 1, 2016, the CFPB handled approximately 1,058,100 complaints nationally, including approximately 23,100 complaints in November 2016.
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Logistics Startup Darkstore Scores $1.4M Seed
PYMNTS
APRIL 13, 2017
On the delivery end, Darkstore has partnered with a spread of startups and local and national courier and major shipping companies to then ship out same-day. Darkstore already operates in San Francisco, Phoenix and New York City. Darkstore has grown its order volume 120 percent month-over-month, founder Lee Hnetinka told TechCrunch.
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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023
South State Correspondent
JANUARY 4, 2023
Charlotte, Houston, Phoenix, New York, Austin, Denver, Orlando, Miami, and Nashville, many banks have not adjusted pricing or their credit appetite. Many community banks have an inherent strategic advantage in bringing a new product to market faster than a national bank, yet they squander their position.
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Virtual Cards Can Be Valuable For Analog Industries
PYMNTS
SEPTEMBER 23, 2019
In an interview with PYMNTS , Karin Rush and Linnet Phoenix of DPR Construction explain how virtual cards and purchasing card technologies keep its network of subcontractors from avoiding financial hardship by speeding up payment and expense reimbursement. How Virtual and Purchasing Cards Can Help.
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4,000 Years In, Bringing Innovation To Mead (Yes, Mead)
PYMNTS
DECEMBER 4, 2019
And rising to meet the nation’s rising need for mead are Jeff and Jen Herbert, who 10 years ago started on the path to being one of America’s premier mead makers — a journey that as of last year saw their business, Arizona-based Superstition Meadery , bring in $2.7 million in revenue.
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137 Who Will Use Self-Driving Cars?
PYMNTS
OCTOBER 18, 2019
Last week, Waymo, Alphabet’s autonomous vehicle business, announced that completely driverless Waymo cars are on the way – at least for customers in the suburbs of Phoenix. Similar sentiments were expressed in a study from the NAMIC (National Association of Mutual Insurance Companies). And this is not a one-off.
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Western Alliance's 3Q Profit Boosted by Ariz., So. Calif. Loan Growth
American Banker
OCTOBER 24, 2016
in Phoenix. Loan growth in Arizona and Southern California led to improved third-quarter profit at Western Alliance Bancorp.
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Hertz And Avis Eye Uber Impact, With Rough Road Ahead
PYMNTS
AUGUST 10, 2017
The National Automobile Dealer’s Association used vehicle price index had seen pressure since early 2017, with some stabilization in recent months, as measured by other indices such as those presented by Black Book and JD Power. Beyond the rental price lumpiness, other trends show the ride may not be smooth ahead.
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Morning Scan: Wells Claws Back Bonuses; Goldman Goes Flexible
American Banker
SEPTEMBER 28, 2016
Deutsche sells insurer: Deutsche Bank, which is under heavy pressure to raise capital, said Wednesday it sold its Abbey Life insurance unit to Phoenix Group Holdings for $1.22 Breaking News This Morning. The bank's stock, which hit a 33-year low earlier this week, as it faces a potential $14 billion penalty in the U.S.
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Education: By Popular Demand
Independent Banker
JULY 29, 2016
These in-depth and timely professional development programs are designed exclusively for community bankers and led by nationally recognized industry experts who know the issues community banks grapple with. It is the only nationally recognized leadership event designed especially for middle- and upper-level community bank executives.
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Morning Scan: Prosper's Layoffs Show Marketplace Lender Backlash
American Banker
MAY 4, 2016
The company will close a Utah office that's assigned to making loans for medical procedures, as it will make cuts totaling about 14% of its workforce, which is based in both San Francisco and Phoenix. Prosper's chief risk officer is being…
Retail Bedfellows Roundup: Walmart Feeds On The Go, Starbucks Sips Tea With AB InBev
PYMNTS
JUNE 10, 2016
Uber will experiment in the Phoenix area, while Lyft will get going in Denver. Instead of making the products that each brand is internationally famous for, they’ll be distilling their respective strengths to make a new drink to sweep the nation’s taste buds: ready-to-drink tea. for the time being.
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A Deep Dive into the Distribution of the FICO Score Across the US
FICO
NOVEMBER 11, 2019
So, while the average FICO® Score is increasing over time at the national level, what about at the state or city level? While 31 states (and the District of Columbia) have an average score higher than the national average of 706, we generally see that the Midwest and New England states have the highest average FICO® Scores.
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40 The 35 Biggest Banking, Mortgage & BankTech Events in 2023
Fintech Labs Insights
JULY 11, 2023
Our other calendars: Fintech conferences, events and trade shows Insurtech conferences, events and trade shows Payments & Card Industry conferences, events and trade shows Investment Advisor Technology conferences, events and trade shows Banking & Bank Technology Conference Calendar Event Name Location Start End Vencent Fintech Summit Little (..)
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East Africa M&A Moment: June 2015
Bankelele
JUNE 24, 2015
And today, Uganda’s National Social Security Fund has bought a 2.44% stake in Equity Bank Group from Helios Investors at Kshs 50 per share – and the new deal is worth ~$50 million. - National Bank management said it has not been briefed on any merger plans with its State-owned rival Consolidated Bank.
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My Maiden Voyage to the ‘Acquire or Be Acquired’ Conference
Gonzobanker
FEBRUARY 18, 2015
I think ever since GonzoBanker’s mother ship, Cornerstone Advisors , was founded over 13 years ago, Bank Director has hosted its “Acquire or Be Acquired” conference (or, as all the regulars call it, “AOBA”) in our back yard here in sunny Scottsdale or Phoenix, Ariz. Well, my partner Steve Williams and I finally broke down and attended.
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Android of the Auto Industry? How Baidu May Race Ahead Of Google, Tesla, And Others In Autonomous Vehicles
CB Insights
JUNE 11, 2018
Additionally, when naming the national champions of AI in November, the Chinese Ministry of Science and Technology designated Baidu as the leader in autonomous driving. The other national champions include Baidu’s tech peers Alibaba and Tencent — designated as leaders in smart cities and healthcare, respectively.
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Data Dive, Columbus Edition: Square, PayPal And One Brave Bank Teller
PYMNTS
OCTOBER 8, 2018
The Phoenix Suns Get a Payments Assist from PayPal. But one that Phoenix Suns fans will not have to live through for much longer, because as of this week, the basketball team has inked a deal with PayPal to bring the omnichannel experience courtside. The horror.
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Walmart, Target Take On Amazon With Faster Fulfillment
PYMNTS
MAY 15, 2019
The company also said the service will come to customers of Walmart.com in Las Vegas and Phoenix first and will then roll out to shoppers in Southern California. A National Retail Federation survey found that nearly 40 percent of people want their orders delivered for free and within two days. per the company.
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164 A Bank Analyst Makes Recommendations. I Make a List.
Jeff For Banks
JUNE 28, 2018
My apologies to Metro Phoenix Bank ($181 million in assets, 1.88%/11.83% ROA/ROE). Southfield, MI FSDK - First Citizens National Bank of Upper Sandusky, Upper Sandusky, OH BOCH - Bank of Commerce Holding, Sacramento, CA Who else should be on the list? Personal bias, I know. The results are in the table below.
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67 iBuyers – Whose Side Are They On?
TrustBank
DECEMBER 21, 2021
of the national market, and an even more significant share of the market in several cities including Phoenix, AZ (5.7%), Atlanta, GA (5.3%), and Charlotte, NC (5.3%). National Home Price NSA Index reported a 19.5% billion in the second quarter of 2021. According to the data, iBuyers represented 1.0% and 0.5%, respectively.
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The 2019 GonzoBanker Awards
Gonzobanker
DECEMBER 20, 2019
Consumers was the first big credit union to deploy the Phoenix core system and this year was the first big go-live of the Lumin digital banking system. Niche Payments Acquisition Award – Goes to City National Bank for its acquisition of FilmTrak. It’s game on.
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Zillow’s Slow Roll To A Real Estate Ecosystem
PYMNTS
AUGUST 15, 2018
About a week after Zillow announced it was moving in on rental payments, it followed up with the news that it would be acquiring Mortgage Lenders of America (a national mortgage lender headquartered in Overland Park, Kansas), subject to final approval of the deal terms and a greenlight from regulators. A New Move On Mortgages.
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Top 5 Decision Management Posts of 2022: AI and Digital Jane
FICO
JANUARY 11, 2023
On the United Nations International Day of Women and Girls in Science , FICO’s Louise Lunn discussed one of the real challenges in AI, fighting the bias that can be coded into the models themselves. Along with these discussions, we introduced a character we call Digital Jane. Here are the top 5 posts from 2022.
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52 What Are Smart Cities?
CB Insights
JANUARY 9, 2019
Bill Gates’ investment firm Cascade Investment has bought a stake in 24,800 acres outside of Phoenix, Arizona, which will become a new smart city. The United Nations Economic Commission for Europe (UNECE) has established a global initiative called the United Smart Cities (USC) program. Government Initiatives.
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78 46 Corporations Working On Autonomous Vehicles
CB Insights
SEPTEMBER 4, 2018
After Tesla made data from the car public in its defense, the US National Transportation Safety Board stripped Tesla of its role in the investigation into the crash, launching a feud and setting back expectations for Tesla’s self-driving car project. The project formally became Waymo in December 2016.
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