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Midwest BankCentre incorporates new tech with success of digital offshoot

Bank Innovation

Rising Bank, the digital offshoot of St. Louis-based Midwest BankCentre, gained $130 million in deposits in 2019. With the success of the stand-alone digital bank, which launched in January 2019, Midwest BankCentre is now incorporating new technologies into its traditional online banking.

St. Louis 259
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Why a community bank in Missouri is investing in core banking startup Neocova

Bank Innovation

Together with a group of other community banks, Bank of St. Elizabeth recently invested in Neocova, a St. Louis-based core banking startup that targets […]. Elizabeth, a Missouri-based community bank with $150 million in assets, investing in a core banking startup is critical for its future.

Missouri 221
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Square Expands To Offer Retail Online Store, Improved POS App

PYMNTS

Square has two new offerings: the revamped Square Online Store and Square For Retail, introduced in an announcement by the company on Wednesday (March 20). With the new Square Online Store, we’re excited to integrate Weebly technology and bring the Square omnichannel experience to everything from retail businesses to restaurants.”.

Retail 196
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Survey: 46 Pct Of Americans Are At High Risk Of Layoffs

PYMNTS

More than 66 million jobs across fields such as retail, food service and sales are at a high risk of layoffs because of the coronavirus ‘ widespread decimation of the American economy and work culture, according to Yahoo Finance , citing a St. Louis Fed economist.

St. Louis 108
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Gold’s Gym Files For Chapter 11 Bankruptcy

PYMNTS

including Texas, Oklahoma, St. Louis and Carolina gyms, through March 31. In April, Gold’s announced on its Facebook page that it was permanently closing 30 gyms, mainly in the St. Louis, Alabama and Colorado Springs markets. The closings were extended because they are not considered an essential business.

St. Louis 144
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Transactions: Edward Jones partners with Citi for BaaS

BankInovation

Louis-based company will also integrate Citi Alliance, the bank’s lending service, into its platform to provide loans to its customers, according to an Edward Jones release. Wealth management company Edward Jones selected Citibank on Aug. 15 to provide bank accounts to its more than 8 million clients.

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Uber Connect Expands For Holiday Package Delivery

PYMNTS

Paul, Nashville, New Jersey, the New York City suburbs, Raleigh-Durham, Richmond, Portland, Salt Lake City, Seattle, St. Louis, Tucson and Upstate New York. To help keep up, UPS started imposing shipping restrictions on some large retailers.

St. Louis 242