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Brink’s Closes $860M Deal For Majority Stake In G4S

PYMNTS

Brink’s, which is based in Richmond, Virginia, said the transaction adds 14 new markets to its realm: the Netherlands, Malaysia , Romania, Belgium, Ireland, Kuwait, the Czech Republic, the Philippines, the Dominican Republic, Cyprus, Indonesia, Lithuania, Estonia and Latvia. and several smaller markets.

Virginia 175
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7-Eleven Launches Beer Delivery In Select US Markets

PYMNTS

Convenience store operator 7-Eleven is launching beer and cider delivery in select U.S. ” According to Fortune , the company will test the service in 18 markets: Austin, Texas; Charlotte, North Carolina; Chicago, Illinois; Dallas-Ft. .” Customers can place their beer orders via the 7Now app.

St. Louis 129
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TemperPack CEO On An eCommerce Shipping Future Free Of Styrofoam

PYMNTS

Plastic foam has managed to spend nearly eight decades at the top of the packaging market despite the fact that it’s annoyingly squeaky and crumbles under the slightest pressure. And it doesn’t fit in with most companies’ operations very well.”. And, he noted, TemperPack is just getting started.

Las Vegas 256
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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

Operational Risk: Lastly, the OCC mentioned an increase in operational risk, and its intent to focus on: • Significant growth areas, new products, new or expanded services and changes in strategic direction. The OCC on Oct. It measures 1-5, with 1 being the best score an institution can receive and 5 the worst).

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Finance Firms Are Hiring in These Cities Following Global Cuts

Bank Innovation

In Richmond, Virginia, finance job openings grew 31.3% Demand for bankers and financial services workers appears to be waning following a wave of cutbacks at the start of the year. But a few cities are bucking the trend with double-digit growth in finance employment opportunities.

Virginia 170
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Santander Adds Three Lending Executives

PYMNTS

Santander Bank has announced three high-level appointments, two overseeing lending operations and another overseeing marketing, according to a press release. in Information Technology Management from the University of Virginia, according to Santander. Also, Jennifer Mathissen was named chief marketing officer.

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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

Since 2014, New York has only allowed crypto companies to operate in the state if they obtain a BitLicense, and even then, licensed companies are limited in the types of digital assets they can sell. Of particular significance is that in Virginia, banks may offer this service in either a fiduciary or non-fiduciary capacity.