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First Citizens, CIT Group Merger Will Create $100B Bank

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“This is a transformational partnership for First Citizens and CIT, designed to create long-term value for all of our constituents, including our stockholders, our customers, our associates and our communities,” said Frank Holding Jr. chairman and CEO of First Citizens, roles he will keep in the combined company. .

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UPS Uses Drones To Deliver Prescriptions

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and the United Parcel Service ( UPS ) will deliver prescription medications by drone to a Florida retirement community starting in May, the companies announced in a press release Monday (April 27). retirement community with more than 135,000 residents. One flew to a customer’s home; the other to a retirement community.

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Epic Games Again Asks Judge To Reinstate ‘Fortnite’ To Apple’s App Store

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In a court filing, Epic said of its 350 million registered Fortnite players, 116 million have accessed the survival-shooter game through Apple’s iOS operating system, the WSJ reported. Apple has driven a stake in the ‘Fortnite’ community,” Epic said in its filing. Of those players, Epic said 63 percent only play “Fortnite” this way.

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Apple To Shutter 30 More US Stores Again Amid Pandemic

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A representative of the tech company said, per the report, “Due to current COVID-19 conditions in some of the communities we serve, we are temporarily closing stores in these areas. Their reclosures reportedly are a negative barometer of the ease with which retail operations are able to resume throughout the country.

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Tech Center: Charlotte On The Edge of Tech Greatness

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Just west of the Research Triangle in North Carolina, Charlotte’s technology industry has been slowly growing over the past few years. With this news, we decided to focus our Tech Center on the up-and-coming North Carolina city. million over the course of the next three years to build up a FinTech hub in Charlotte.

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Funding Round Could Give AvidXchange $2B Valuation

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Founded in 2000 by CEO Michael Praeger, the Charlotte, North Carolina-based firm provides software that automates payments, invoicing and accounting for small and mid-sized businesses (SMBs). Nashville community bank Studio Bank was the first FI to adopt the AvidPay solution. The company announced on Thursday (Dec.

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Branching Out: Physical Locations Boost CUs' Digital Plans

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The pandemic has cost more than 300,000 lives in the United States alone, and it has also challenged many institutions — such as credit unions (CUs) — that were never designed to operate on a primarily remote basis. Canada’s largest community credit union has announced that it is expanding its commercial network.