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

PYMNTS

“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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FreshBooks Unveils Initiative To Link Accounting Professionals With SMBs

PYMNTS

FreshBooks Accounting Professionals Program members will get access to a community, customized training and education, innovative technology and tools, and dedicated support. 2 small business accounting software in America, is headquartered in Toronto, Canada and has offices in Raleigh, North Carolina as well as Amsterdam, Netherlands.

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Integrated Financial finds new buyer in Capital Bancorp

American Banker

Last year, the Raleigh, N.C.-based based Integrated called off a deal to sell itself to MVB Financial after bank stocks took a hit in the aftermath of the regional bank failures. Capital hopes to expand its government-guaranteed lending with the transaction.

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UPS Teams With CVS For Drone Delivery Of Prescriptions 

PYMNTS

1) drone deliveries were to a CVS customer’s home and to a different customer in a nearby retirement community. 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. The Friday (Nov. Both flights launched from a CVS store in Cary, N.C.

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Carvana Opens Largest Car Vending Machine In Tempe

PYMNTS

Raleigh (N.C.), We’re incredibly proud to be a part of the metro Phoenix community,” said Ernie Garcia, founder and CEO of Carvana, in a press release announcing the launch of its latest vending machine. Tempe joins 11 other cities that have Carvana vending machines, including Houston, Austin, San Antonio, Dallas, Nashville (Tenn.),

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Banking's Top 5 Total Return to Shareholders: 2024 Edition

Jeff For Banks

Although one might argue that First Citizens BancShares of Raleigh is a SIFI as it had $220 billion of total assets, roughly the size of Silicon Valley Bank when it failed. The bank consists of two segments: 1) the traditional community bank, and 2) CCBX, which is its Banking as a Service (BaaS) division started in 2018.

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And Then There Were 20 — The Amazon HQ2 Finalists

PYMNTS

Raleigh, North Carolina. Through this process, we learned about many new communities across North America that we will consider as locations for future infrastructure investment and job creation.”. Montgomery County, Maryland. Nashville, Tennessee. Newark, New Jersey. New York City, New York. Northern Virginia, Virginia.

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