First Citizens to Buy Cordia Bancorp in Virginia

American Banker

First Citizens BancShares in Raleigh, N.C., has agreed to buy Cordia Bancorp in Midlothian, Va. breaking_news community-banking m-a va nc dealmaking-strategy

First Citizens in N.C. Wrestles with Online Banking Problems

American Banker

Customers of First Citizens Bank in Raleigh, N.C., have been unable to access their accounts online since the company upgraded its digital platform on Monday. breaking_news bank-technology consumer-finance atm nc national-regional

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F.N.B. Taps More Yadkin Execs to Key North Carolina Posts

American Banker

in Pittsburgh has selected more executives from Yadkin Financial in Raleigh, N.C., F.N.B. to take on leadership roles for its new markets in the Carolinas. dealmaking-strategy breaking_news people corporate-governance nc sc community-banking

F.N.B. Appoints Yadkin CEO to Board After Acquisition

American Banker

in Pittsburgh will add the president and chief executive of Yadkin Financial to its board after buying the Raleigh, N.C., F.N.B. company. breaking_news people corporate-governance pa national-regional

Acquisition, Loss-Share Termination Cut Into First Citizens' Profit

American Banker

First Citizens BancShares reported a sharp decline in quarterly profit that largely reflected merger-related costs and the Raleigh, N.C., company's exit from loss-sharing agreements. breaking_news national-regional earnings-community-banks performance nc dealmaking-strategy

First Citizens in N.C. Terminates Five Loss-Share Agreements

American Banker

First Citizens BancShares in Raleigh, N.C., has terminated five of its nine loss-share agreements with the Federal Deposit Insurance Corp. breaking_news dealmaking-strategy fdic m-a nc national-regional

First Citizens in N.C. Posts Higher Profit on One-Time Gains

American Banker

First Citizens BancShares in Raleigh, N.C., reported higher quarterly profit that reflected a couple of one-time gains. dealmaking-strategy national-regional breaking_news earnings-community-banks performance nc community-banking

FreshBooks Unveils Initiative To Link Accounting Professionals With SMBs


2 small business accounting software in America, is headquartered in Toronto, Canada and has offices in Raleigh, North Carolina as well as Amsterdam, Netherlands. To connect modern accounting firms with small businesses, FreshBooks rolled out its FreshBooks Accounting Professionals Program.

ALDI Expands Online Grocery Delivery To All US Stores


According to Chain Store Age , the German supermarket company will use its partnership with Instacart to roll out the service to 75 major markets, including San Diego, New York City, Miami, Raleigh and Minneapolis. ALDI has announced that it is expanding its online grocery delivery service to all of its stores in the United States.

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PayRails Expands Credit Union Collaboration Initiative


From there, the company consisted of six CUSOs: Coastal Credit Union (Raleigh, NC), Farmers Insurance Federal Credit Union (Los Angeles, CA), Georgia’s Own Credit Union (Atlanta, GA), Meritrust Credit Union (Wichita, KS), Teachers Credit Union (South Bend, IN) and TwinStar Credit Union (Lacey, WA). Payrailz announced the addition of four new investors to its credit union-sponsored payments CUSO, CU Railz.

Silicon Valley Is Losing Its Luster With Millennials


Reuters noted that other cities around the country including Boston, Austin, Texas and Raleigh, North Carolina may be attractive to millenials. Silicon Valley is losing its luster with young adults, as recent polling shows millennials are gearing up to leave the San Francisco area at an increased rate.

Uber Expands ‘Ride Pass’ Monthly Subscription


Louis, Missouri; San Diego, California; Raleigh-Durham, North Carolina; Seattle, Washington; Portland, Oregon; San Antonio, Texas; Nashville, Tennessee; Las Vegas, Nevada; New Orleans, Louisiana and Phoenix, Arizona. 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.

UPS Teams With CVS For Drone Delivery Of Prescriptions 


UPSFF and Matternet have already completed more than 1,500 revenue-generating drone deliveries at WakeMed Hospital in Raleigh, N.C. UPS on Tuesday (Nov. 5) announced that its drone delivery subsidiary, UPS Flight Forward (UPSFF), has completed the first residential drone deliveries to consumers of CVS prescription medications. . The Friday (Nov. 1) drone deliveries were to a CVS customer’s home and to a different customer in a nearby retirement community.

AT&T Jumps On The 5G Bandwagon


Oklahoma City, New Orleans, Raleigh, N.C., AT&T has announced that it will be offering a 5G smartphone from Samsung in the first half of 2019. “5G 5G is going to be about more than just a network. Customers will eventually be able to connect in near real-time to unforeseen possibilities,” David Christopher, president of AT&T Mobility and Entertainment, said in a press release. Together with Samsung, we plan to bring the best in technology and innovation to our customers.

Home Selling Platform Opendoor Seeks To Raise $200M


markets as Atlanta, Raleigh-Durham and Dallas-Fort Worth. One month after home selling platform Knock raised $400 million in a Series B round, rival Opendoor is reportedly looking for $200 million in funding. The company, which filed documents in Delaware that mentioned a “Series E-2,” is looking for a valuation of $3.7 billion, according to reports. It is reportedly unclear from the paperwork, which has a date of Feb.

Verizon Plans Rollout Of 5G In 30 U.S. Cities In 2019


As for AT&T, it reportedly launched 5G service in these cities: Houston, Texas; Dallas, Texas; Atlanta, Texas; Waco, Texas; Charlotte, North Carolina; Raleigh, North Carolina; Oklahoma City, Oklahoma; Jacksonville, Florida; Louisville, Kentucky; New Orleans, Louisiana; Indianapolis, Indiana and San Antonio, Texas. Verizon will be bringing its 5G technology to 30 U.S. cities by the end of the year, according to reports.

Carvana Opens Largest Car Vending Machine In Tempe


Raleigh (N.C.), Carvana , the eCommerce platform for buying and selling used cars , announced Wednesday (June 20) that it has launched its largest Car Vending Machine to date, located in the company’s hometown of Tempe, Arizona. In a press release , Carvana said the machine stands nine stories high, is all glass and holds as many as 34 vehicles. It’s the third Car Vending Machine launch in June, with Tempe the 12th location for the vending machines.

IBM Finalizes Red Hat Acquisition


It was also noted that IBM will keep Red Hat’s Raleigh, North Carolina headquarters along with its brands, facilities and practices. As it looks to bolster its cloud computing business, International Business Machines Corp. IBM) has closed its $34 billion acquisition of Red Hat Inc. IBM had agreed to purchase the software company in October, which marks the largest acquisition in the company’s history of over 100 years, Reuters reported.

Dollar General Moves Toward Convenience


If all goes well, the company hopes to build another location in Raleigh, N.C. Dollar General has more big plans. But this time, the low-cost retailer’s big plans are to go a bit smaller. In early 2017 , Dollar General plans to open a smaller-concept convenience store in downtown Nashville, Tenn. The store, reportedly named DGX, will take up a 3,400-square-foot floor space and will serve urban consumers looking for a quick and easy shopping experience.

UPS Takes Steps To Launch Drone Deliveries


In March, UPS initiated the first FAA-sanctioned use of a drone as part of a delivery agreement at WakeMed’s flagship hospital and campus in Raleigh, N.C. UPS announced that it has applied for a certification to operate commercial drone flights. The company applied to the U.S. Federal Aviation Administration (FAA) for Part 135 certification under a subsidiary business called UPS Flight Forward.

Carvana Brings Car Vending Machine To Tampa


Carvana already has car vending machines in cities such as Houston, Nashville and Raleigh. Marking its second car vending machine in Florida, Carvana has rolled out a new one in Tampa. The machine is eight stories tall and holds up to 32 vehicles, the company said in an announcement. The machine is the eighth of its kind in the U.S. The idea behind the machines is to allow consumers to skip the car dealership and use Carvana’s website to shop through 10,000 vehicles.

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Startup CrediVia Chooses William Mills Agency for Public Relations, Content Marketing

William Mills

Based in Raleigh, N.C., ATLANTA, Sept. 5, 2018 – William Mills Agency, the largest independent public relations and marketing firm specializing in. the financial industry, has announced that it is providing public relations and content marketing services to CrediVia.

Lowe’s And Microsoft Partner To Expand In-Store AR


Lowe’s stores in Seattle and Raleigh, NC, were the first two testing zones for the HoloLens. Augmented reality went from being a sort of fringe part of retail to a very important new way for retailers to try to net up conversion, particularly those in the business of selling home goods or home improvement products. IKEA is into it, Wayfair has been exploring a variety of options and even HSN seems to be getting in on the act.

At credit unions, focus on customer experience reigns


The Raleigh, North Carolina-based CU serves nearly two million members including state employees, public school employees and county employees, as well as their immediate families. Consider your worst customer service experience. Perhaps it began by waiting in a needlessly long line, leaving you aggravated before you reach the front.

Lowes And b8ta Collaborate On Smart-Home Shopping


markets, including New York City, San Francisco, Los Angeles, Dallas, Philadelphia, Boston, Miami, Tampa, Raleigh, Charlotte and Washington, D.C. After running a three-store pilot approximately one year ago, home improvement and appliance chain Lowe’s has announced news it will partner with software-powered electronics retailer b8ta to launch its “Smart Home powered by b8ta” connected-home shopping experience. The collaboration will be available in 70 Lowe’s storefronts nationwide.

Amazon Expands Amazon Home Services To Twenty New Metro Areas


In a press release , the eCommerce giant said the new cities include Indianapolis, IN; Las Vegas, NV; San Antonio, TX; Ann Arbor, MI; Cleveland, OH; Milwaukee, WI; Boulder, CO; Raleigh, NC; Trenton, NJ; and more. Amazon announced Monday (Nov. 14) it has expanded its Amazon Home Services into 20 new metropolitan markets around the country.

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And Then There Were 20 — The Amazon HQ2 Finalists


Raleigh, North Carolina. The finalists are in, and Amazon has chosen its list of the 20 cities still in the running to be the home of its second headquarters (HQ2), according to Bloomberg reports. Austin, Boston, New York and D.C. all made the cut, as did some surprises like Columbus, Ohio. Amazon first solicited proposals for its new HQ2 in September 2017.

Relias Teams Up For Healthcare Payroll, Workforce Management


Partnering with DATIS HR Cloud is another way we fulfill that promise, and we are delighted that they will be joining us in Raleigh this fall for Impact Nation 2018.”. Human services technology provider DATIS HR Cloud has announced in a press release a partnership with Relias to provide a more holistic workforce management experience for healthcare organizations.

Are Consumers Ready To Buy And Sell Homes Online?


markets as Atlanta, Charlotte, Dallas-Fort Worth and Raleigh-Durham, and has plans for more domestic expansion in the coming 12 months. Way back in the day (which, in 21st century digital economy terms, probably means a decade or so), smart and important people used to express well-informed skepticism about the prospect of selling clothes, cars and even groceries via online or mobile channels.

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What’s The Reward For Early 5G Deployment? Asia Will Soon Find Out


Right before Christmas, AT&T reportedly launched 5G service in these cities: Houston, Texas; Dallas, Texas; Atlanta, Texas; Waco, Texas; Charlotte, North Carolina; Raleigh, North Carolina; Oklahoma City, Oklahoma; Jacksonville, Florida; Louisville, Kentucky; New Orleans, Louisiana; Indianapolis, Indiana and San Antonio, Texas. South Korea is taking an early lead in deployment of 5G , with three of the country’s telecoms recently deploying the service.

Bringing The Video Store Back In The Age Of Netflix


But the Alamo — in its latest location in Raleigh, North Carolina — is betting that a little nostalgia can go a long way when it comes to entertainment and has thus decided to build the city’s “newest (and only) video rental store.”. The dream is that the Raleigh pilot will be successful enough to expand Video Vortex into a full-scale chain.

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Yum! Brands On How Delivery, Digital And Takeout Are Their Future


“This quarter, we celebrated openings in New York, Chicago and Raleigh, and look forward to more high-profile openings later this year, including our first company cantina in Manhattan.

Car Vending Machine Company Carvana Goes Up Against Wall Street


Miami is Carvana’s 24th car vending machine location to date — joining Nashville, San Antonio, Houston, Austin, Dallas, Raleigh, Jacksonville, Tampa, Charlotte, Washington, D.C., Wall Street is a tough master, especially for eCommerce companies. Just ask Carvana, the leading online automotive seller and a major force in changing the way people buy cars. Its fourth-quarter earnings report, released at the end of February, showed a revenue jump of 88 percent from 2019 to $1.1

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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes


As for AT&T, it reportedly launched 5G service in these cities: Houston, Texas; Dallas, Texas; Atlanta, Texas; Waco, Texas; Charlotte, North Carolina; Raleigh, North Carolina; Oklahoma City, Oklahoma; Jacksonville, Florida; Louisville, Kentucky; New Orleans, Louisiana; Indianapolis, Indiana and San Antonio, Texas. Score one for the Midwest: Verizon said this week (March 13) it will launch its 5G network in Chicago and Minneapolis on April 11.

Carvana And Its Discontents


cities: Tempe (Arizona), Houston, Austin, San Antonio, Dallas, Nashville (Tennessee), Raleigh (North Carolina), Charlotte (North Carolina), Jacksonville (Florida), Tampa (Florida), Orlando (Florida) and Washington, D.C. For cool concepts, it is hard to do much better than Carvana.