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Truist keeps downsizing with deal to sell asset-management business

American Banker

The North Carolina bank agreed to offload Sterling Capital Management to Guardian Capital Group in Toronto. It's the latest step in the effort to simplify Truist.

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A Bank Automation Summit Preview: Dissecting the Intersection of Real-time Payments and Automation

Perficient

Perficient is looking forward to joining this conversation with other financial services and payments experts at the upcoming Bank Automation Summit in Charlotte, North Carolina on March 2-3. With all this considered, key strategic topics like buy vs. build, risk, and operational readiness cannot be ignored.

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Perficient to Present at Fintech Generations 2021

Perficient

While Fintech Generations was historically an in-person conference in Charlotte, North Carolina, this year’s event, similar to 2020, will be virtual and is expected to attract more than 1,000 attendees. Bridgit Chayt, SVP Director Commercial Payments & Treasury Management, Fifth Third Bank.

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Database Management Startup Fluree Snags $4.7M For Blockchain Tech

PYMNTS

Fluree, a database management startup based in North Carolina, has raised $4.7 something you can’t do with current databases or other data management technologies,” he said. “It million in a funding round to develop blockchain and integrate it into its database technology, according to a report.

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Truist moves speedily to implement its $750 million cost-cutting plan

American Banker

Six weeks after unveiling a broad restructuring plan, the North Carolina bank said it has already taken several steps to lower expenses, and that various cost-reduction initiatives are on parallel paths.

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Pizza Hut Israel Plans Drone Delivery Trial

PYMNTS

Levanon is the managing director of Dragontail Systems, the technology firm coordinating Pizza Hut’s drone trial. Headquartered in North Carolina, Flytrex aims to train personnel needed to remotely guide drones that are not fully autonomous.

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Branch Business: The Banks Opening New Locations Across the US

Banking Exchange

Merchants & Marine is expanding in Mississippi, while Woodforest National Bank is growing in North Carolina Management Feature M&A Feature3.