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Bitcoin Daily: North Carolina Looks To Blockchain For Economic Boost; S. Korea’s LG To Use Blockchain For School Lunch Supply Chain

PYMNTS

North Carolina Lieutenant Governor Dan Forest announced the launch of the North Carolina Blockchain Initiative to study the technology, virtual assets, smart contracts and digital tokens. And LG CNS, a subsidiary of South Korean conglomerate LG Corp. , And LG CNS, a subsidiary of South Korean conglomerate LG Corp. ,

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Huntington targets Carolinas for commercial banking push

American Banker

The Ohio-based regional bank has laid out an ambitious expansion blueprint, including new health care asset-based lending, a Native American financial services unit and a push into commercial banking in North Carolina and South Carolina.

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Digital Currency Law Signed in North Carolina

American Banker

Pat McCrory on Wednesday signed the North Carolina Money Transmitters Act, as requested by the state banking commissioner's office.

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New York To Sunbelt State Tourists: Stay Home

PYMNTS

At the news conference, Cuomo called out several states with surging infection rates whose residents would be included in the quarantine should they travel to the Tri-State area, including Alabama, Arkansas, Arizona, Florida, North Carolina, South Carolina, Washington, Utah and Texas.

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Truist hastens cost-cutting, delays core conversion

American Banker

The North Carolina regional created by the merger of BB&T and SunTrust is saving money by shedding office space and reworking vendor contracts, but it was forced to put its systems integration on hold for up to a year to prioritize tech upgrades tied to the pandemic.

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Grocers Struggle To Meet Panicked Demand In US, UK

PYMNTS

Walmart has seen grocery delivery outages in places like Tennessee, Nevada, North Carolina and Georgia, among other regions. Many companies are scrambling to add staff or servers to handle all the web traffic. Amazon Prime Now delivery has also been forced to curtail its service because of shortages on store shelves.

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Apple To Shutter 30 More US Stores Again Amid Pandemic

PYMNTS

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. Apple had previously reclosed shops in Arizona, Florida, North Carolina and South Carolina for similar reasons.

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