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

UPS Teams With CVS For Drone Delivery Of Prescriptions 

PYMNTS

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.

Silicon Valley Is Losing Its Luster With Millennials

PYMNTS

Reuters noted that other cities around the country including Boston, Austin, Texas and Raleigh, North Carolina may be attractive to millenials.

Uber Expands ‘Ride Pass’ Monthly Subscription

PYMNTS

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.

ALDI Expands Online Grocery Delivery To All US Stores

PYMNTS

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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IBM Finalizes Red Hat Acquisition

PYMNTS

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.

Home Selling Platform Opendoor Seeks To Raise $200M

PYMNTS

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.

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

PYMNTS

Verizon will be bringing its 5G technology to 30 U.S. cities by the end of the year, according to reports. The wireless giant didn’t specify the cities or the method of deployment, but it did say it would include extremely fast millimeter wave radios. “It’s

AT&T Jumps On The 5G Bandwagon

PYMNTS

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.

UPS Takes Steps To Launch Drone Deliveries

PYMNTS

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.

Carvana Opens Largest Car Vending Machine In Tempe

PYMNTS

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.

Dollar General Moves Toward Convenience

PYMNTS

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.

Carvana Brings Car Vending Machine To Tampa

PYMNTS

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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Are Consumers Ready To Buy And Sell Homes Online?

PYMNTS

markets as Atlanta, Charlotte, Dallas-Fort Worth and Raleigh-Durham, and has plans for more domestic expansion in the coming 12 months.

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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.

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

PYMNTS

South Korea is taking an early lead in deployment of 5G , with three of the country’s telecoms recently deploying the service.

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

PYMNTS

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.

Lowes And b8ta Collaborate On Smart-Home Shopping

PYMNTS

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.

And Then There Were 20 — The Amazon HQ2 Finalists

PYMNTS

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.

How DTC Bike Brands Match Riders With The Perfect Fit

PYMNTS

Their last bike in the 90s may have been a Schwinn, Raleigh or Diamondback – and it was heavy. Buying a bike can be a time-consuming and confusing task for a consumer. They might drive to a brick-and-mortar store, where they may be overwhelmed with a wide range of models on display.

Amazon Expands Amazon Home Services To Twenty New Metro Areas

PYMNTS

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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Verizon 5G Network Launch Foreshadows Mobile Commerce Changes

PYMNTS

Score one for the Midwest: Verizon said this week (March 13) it will launch its 5G network in Chicago and Minneapolis on April 11.

5G, Biometrics Lead The Way At Mobile World Congress

PYMNTS

The next glimpse of the future of mobile commerce – and all its offshoots – took place this past week in Barcelona, where the product demonstrations and speakers’ comments at the Mobile World Congress (MWC) offered solid ideas about the development of 5G, the new wave of biometrics and other such areas. The annual gathering wrapped up on Friday (March 1), but the ideas and devices from that conference will certainly help shape the near- and long-term futures of digital commerce and payments. One the main themes of the conference, perhaps, was expressed by Jonathan Davidson, wireless executive at Cisco Systems. According to The New York Times and other reports, he said during the gathering that “5G was ready for prime time, and would enable new applications in augmented reality, healthcare and industrial factories.”. 5G Expansion. Indeed, new evidence recently emerged about the deployment of the latest generation of mobile technology – one that promises to bring significant changes to retail and payments thanks to bandwidth expansion and faster processing, along with new challenges and questions as early 5G case studies loom. As PYMNTS reported in late February , right before the kickoff of the Mobile World Congress, Verizon will bring its 5G technology to 30 U.S. cities by the end of 2019. T-Mobile has also said it plans to launch 5G in 30 cities. 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. Tech Convergence. At the conference in Spain this past week, “the consensus message seems to be that with the worlds of artificial intelligence, machine learning and cloud computing aligning, the momentum behind 5G is almost irresistible,” according to another conference report. For example, Mickey (Hiroshi) Mikitani, CEO of Japan-based Rakuten , told conference attendees that “we are building the first end-to-end, fully virtualized, cloud-based 5G network. New services can be deployed in a very nimble manner. We don’t have specialized hardware. Everything is software and virtualized and put in the cloud.”. More specifically, the conference demonstrated that the increasing energy behind what we at PYMNTS will gingerly call the foldable phone movement. In late February – amid growing concerns about the slowing sales of smartphones worldwide – Samsung officially unveiled its Galaxy Fold , a device designed to act as a smartphone or small tablet depending on consumer need. Foldable phones are among the freshest trends in the smartphone industry, as demonstrated at CES earlier this year. In fact, with smartphone sales slowing, hardware makers are hoping the deployment of 5G and the introduction of new smartphone models will spark fresh growth. At the MWC earlier this week, other companies showed off their own foldable phone plans. For instance, according to CNET , the show featured looks “at the Huawei Mate X , the company’s ( Huawei’s ) first foldable phone. While the Galaxy Fold looks like two phones stacked together, Huawei takes a more streamlined approach with the Mate X, and the result is a foldable phone that’s a bit more seamless.”. Biometric Innovation. Biometrics, too, took some of the conference spotlight in Barcelona, as fingerprints, faces and other such metrics move further into the mainstream of payments and commerce, with more biometric initiatives making their way from the drawing board. Perhaps the conference star of biometrics and mobile technology was LG Electronics. A phone called G8 ThinQ employs light sensors to scan the veins in a user’s hand or to recognize their face in order to unlock the device. The front-facing camera can scan in three dimensions, which should make it more secure than other biometric security measures, such as using fingerprints to unlock a phone. According to Reuters , LG product evangelist David Montanya explained at a launch event that the G8 ThinQ technology would be more secure than the Face ID feature in Apple’s iPhone X, because there is less than one chance in a billion that one person’s vein structure will match someone else’s. Much like CES, what happens at the Mobile World Congress helps to set the agenda for the rest of the year in payments and commerce. By this time next year, you can bet there will be an even bigger focus on 5G at the MWC – and perhaps some solid use cases and case studies that speak to exactly how that mobile technology will influence retail and online transactions. Innovation 5G biometrics digital commerce Editors' Picks mobile commerce mobile devices Mobile World Congress News Security Smartphones Technology

Relias Teams Up For Healthcare Payroll, Workforce Management

PYMNTS

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.

At credit unions, focus on customer experience reigns

Abrigo

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.

Bringing The Video Store Back In The Age Of Netflix

PYMNTS

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

PYMNTS

“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.

A Lesson in Poise & Professionalism….PART 2

Your Full Potential

You’ve now been waiting 30 minutes or so and have moved a couple of paces forward in this gargantuan line of people trying to get to Raleigh, NC. You’ve also been hearing that flights to Raleigh are full for at least the next couple of days. “A Lesson in Poise Professionalism….PART

Carvana And Its Discontents

PYMNTS

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.

Retail Pulse: Rent The Runway Opens San Francisco Store; Crate & Barrel Plans Restaurant

PYMNTS

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. To break into the brick-and-mortar world, some digitally native retailers have opened shops inside department stores. However, they are also turning to their own stand-alone locations for larger spaces.

b8ta Brings Smart Home Smarts To Lowe’s Via Mini-Stores

PYMNTS

markets, including New York City, San Francisco, Los Angeles, Dallas, Philadelphia, Boston, Miami, Tampa, Raleigh, Charlotte and Washington, D.C. Smart homes can make a lot of consumers feel dumb. Simply asking Alexa to turn up the music or turn down the heat sounds easy, but the prospect of setting it all up can be daunting, especially when customers may not be sure what to expect from the final experience and whether that is what they really want for their homes.