Bank Innovation

FEBRUARY 22, 2019

Chicago-based Northern Trust is seeking a "digital investment advice product owner" […]. When a money manager that controls $1.1 trillion decides to build a new digital product, the effort deserves attention. But what exactly does Northern Trust Corp.

Chicago 170

Chicago Management Operations Capital 170

PYMNTS

MARCH 15, 2019

Score one for the Midwest: Verizon said this week (March 13) it will launch its 5G network in Chicago and Minneapolis on April 11. The announcement from the mobile network provider serves as the latest demonstration that 5G is coming, and that retailers and payment services providers should get ready to operate in the 5G world.

Mobile 168

Mobile Indianapolis North Carolina Minneapolis 168

PYMNTS

SEPTEMBER 29, 2020

Alternative payments platform AeroPay is looking to accelerate its growth after closing a seed round of capital led by a top FinTech investment firm. The Chicago-based FinTech announced on Tuesday (Sept. 29) that it had inked a funding deal with Continental Investors. The amount was not disclosed.

Colorado 158

Colorado Chicago Fintech Innovation 158

PYMNTS

AUGUST 20, 2020

What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? Millions of smaller businesses are grappling with the impacts of the pandemic.

Maine 218

Maine Lending Pennsylvania Boston 218

PYMNTS

JULY 18, 2017

Headway Capital , which provides online flexible credit lines of up to $50,000 for­­ U.S. The Chicago-based provider uses predictive analytics and digital decisioning to understand customers and make optimal decisions, mitigating fraud and risk.

Analytics 145

Analytics Capital Fraud Chicago 145

PYMNTS

OCTOBER 19, 2018

The drop boxes will be in six cities — New York, San Francisco, Los Angeles, Chicago, Miami and Washington, D.C. — Currently, the company has five locations — in Chicago, New York, San Francisco, Los Angeles and Washington, D.C. Rent the Runway announced that it is setting up drop boxes at 15 WeWork locations across the U.S.

Los Angeles 135

Los Angeles San Francisco Chicago Washington 135

PYMNTS

JULY 8, 2020

Chicago-based GoHealth has filed to raise $750 million in an initial public offering (IPO) of its Class A common stock, according to an amendment to its registration seen by Seeking Alpha. Thus far, the company has received $869 million from investors, with one of them being Centerbridge Capital Partners. The company wants to sell 39.5

Chicago 150

Chicago Online Operations Software 150

PYMNTS

MARCH 27, 2018

We are pleased to have reached an agreement and are excited about combining Brookfield’s access to large-scale capital and deep operating expertise across multiple real estate sectors with GGP’s portfolio of irreplaceable retail assets,” Brookfield Property Partners CEO Brian Kingston said in a statement, according to CNBC.

Chicago 122

Chicago Retail Operations Capital 122

PYMNTS

OCTOBER 5, 2016

Labor saving devices and minimum wage hikes from 2000 to 2008 did not result in a significant drop in the food service sector, according to DePaul University and the Federal Reserve Bank of Chicago. As a result, most operators do not want to assume the investment risk. Jobs in the leisure industry will increase by 0.6

Chicago 161

Chicago National Industry Operations 161

PYMNTS

FEBRUARY 14, 2020

If one company took 50 days to complete deliveries from China to Chicago last year, it may procure 60 days in advance this year. He explained that organizations will lengthen their lead times or expand buffer stock as a result of their past experiences. The problem is, one year won’t be identical to the next.

Analytics 248

Analytics Data Management Chicago 248

PYMNTS

FEBRUARY 4, 2019

A tech publication , citing the company, reported that the funding round was led by GV, the venture capital arm of Google and Foundation Capital. To date, the startup has brought in $42 million in venture funding, some of which came in when the company was operating as HomeSuite.

Los Angeles 128

Los Angeles New York City Chicago Google 128

PYMNTS

DECEMBER 6, 2019

Chicago’s Leaf Trade saw $4.5 Further, Leaf Trade plans to invest in its engineering and data science operation, the company noted. According to reports , Kaszek Ventures led the funding, while Ribbit Capital also participated. Leaf Trade. based uncapped has announced $13.16

Fintech 133

Fintech Capital Lending Report 133

PYMNTS

FEBRUARY 13, 2020

Chicago’s Signature Bank recently debuted a new accounts payable solution for its business customers designed to offer companies choice in how they pay suppliers while streamlining processes. Supply chain finance, he said, can be an effective way to meet the needs of both AP and AR operations.

Payments 161

Payments Management Chicago Meeting 161

PYMNTS

FEBRUARY 11, 2020

Yesterday, the smaller-scale fulfillment company closed $40 million in Series C funding, led by Activant Capital, bringing its total capital raised to $70 million. That’s where Deliverr comes in,” said Steve Sarracino, founding partner of Activant Capital, in a statement.

San Francisco 131

San Francisco Capital Retail Chicago 131

PYMNTS

AUGUST 26, 2019

capital goods were up in July, but shipments were down by the most in about three years. In terms of the headline numbers, Commerce Department data showed that non-defense capital goods orders were up 0.4 In terms of the headline numbers, Commerce Department data showed that non-defense capital goods orders were up 0.4

US 108

US Capital Chicago Data 108

PYMNTS

DECEMBER 21, 2020

RealPage, of Richardson, Texas, said it expects to continue operations with the same leadership team. “We In addition, RealPage’s board has “has unanimously approved the agreement,” and urges RealPage stockholders to approve the deal at a planned special meeting of RealPage stockholders related to the transaction, the release said.

Software 159

Software Chicago Texas Leadership 159

PYMNTS

APRIL 16, 2019

Today, Upstart is a profitable firm, which means it didn’t need to raise $50 million to fund operations. Banks, Girouard said, are natural partners for Upstart, because as competitors they will always carry a massive advantage to the race that he said any startup would be hard-pressed to overcome — low cost of capital.

Kansas City 223

Kansas City Lending Omaha Kansas 223

PYMNTS

MARCH 25, 2019

Those controversies have notably played out in San Francisco , though other cities, including Chicago and Los Angeles, are going through them at their own pace. And investors are still pouring capital into companies operating in the sector.

Los Angeles 135

Los Angeles Payments San Francisco Chicago 135

PYMNTS

DECEMBER 11, 2017

One of the largest shopping center owners and operators in the U.S., Chicago-based GGP turned down the $23-per-share cash and stock offer on Nov. Shopping mall owners and operators have seen a downturn in sales and foot traffic with the rise of eCommerce. per share, representing a market capitalization of $22.2

Chicago 100

Chicago Retail Operations Capital 100

PYMNTS

APRIL 13, 2017

million in a seed funding round led by VC firm PivotNorth Capital. With the latest seed funding round, Darkstore has reportedly set a new goal to hit $110 million in product fulfillment and is expanding into three new markets: Los Angeles, Seattle and Chicago. Darkstore already operates in San Francisco, Phoenix and New York City.

San Francisco 100

San Francisco Los Angeles New York City Phoenix 100

PYMNTS

OCTOBER 15, 2018

One mall located outside of Chicago, for instance, lost a Carson’s store and also has a Sears. Marx Realty and Benenson Capital, the owners of the Cross County Shopping Center in New York, however, told the paper that they are not concerned about the loss of Sears. Simon, the major U.S.

Las Vegas 179

Las Vegas Retail Chicago New York 179

PYMNTS

AUGUST 6, 2019

The company said it received $75 million in new capital from Hilco Global and the Gordon Brothers Group to keep the lights on during the bankruptcy protection proceedings. The company said that it was going to close stores in Las Vegas, Seattle, Chicago and other smaller places, as well as seven warehouse locations, and focus on key stores.

New York 108

New York Branding Las Vegas Seattle 108

PYMNTS

DECEMBER 13, 2017

Chicago-based derivatives exchange Cboe Global Markets launched its bitcoin futures on Sunday, and CME Group is expected to launch its own on Dec. Just two days after the first bitcoin futures launched on the U.S. stock exchange, the digital currency was recorded at this price on the Luxembourg-based bitcoin exchange, Bitstamp.

Bitcoin 123

Bitcoin cryptocurrency Data Community Bank 123

Abrigo

JULY 20, 2021

However, note that in August, the SBA is transitioning its Fiscal Transfer Agent (FTA) for the 7(a) loan program from Colson Services to Guidehouse, a Chicago-based management consulting firm that will migrate the technology programs to SBA’s Capital Access Financial System (CAFS).

Lending 195

Lending FDIC Capital Risk Management 195

Abrigo

JULY 20, 2021

However, note that in August, the SBA is transitioning its Fiscal Transfer Agent (FTA) for the 7(a) loan program from Colson Services to Guidehouse, a Chicago-based management consulting firm that will migrate the technology programs to SBA’s Capital Access Financial System (CAFS).

Lending 195

Lending FDIC Capital Risk Management 195

Cisco

DECEMBER 13, 2022

By creating sustainable financial offers, prioritizing green investment mechanisms and reallocation of capital, financing sustainable programs, and tracking the carbon footprint tracking of transactions, FIs can incentivize the integration of sustainability criteria into financial services decision-making.

Industry 137

Industry San Jose New York City Resources 137

PYMNTS

NOVEMBER 3, 2020

Some of this growth is being driven by sign-ups to digital media subscription services like The New York Times and Chicago Tribune , with the former experiencing 14 percent growth in its most recent quarter. Budget travel services providers are also capitalizing on the model, with London-based BeRightBack saying its 49.99

New York 175

New York United States Denver Chicago 175

Independent Banker

NOVEMBER 30, 2022

And in 2021, she became one of three founding general partners of Black Tech Nation Ventures (BTN.vc), a venture capital fund for tech startups led by Black and diverse leaders. The venture capital fund itself is one of a very small percentage of majority Black-owned venture capital funds operating in the U.S.

Company 110

Company Community National Maryland 110

PYMNTS

APRIL 15, 2020

The April Mobile Order-Ahead Tracker® explores the latest digital ordering developments, including measures that restaurants and delivery apps are taking to continue operating during the pandemic, how some of these steps have backfired and how quick-service restaurants (QSRs) are battling the uptick in fraud attempts.

Mobile 153

Mobile Fraud Illinois Chicago 153

PYMNTS

NOVEMBER 14, 2018

The Seattle-based eCommerce operator and cloud computing provider decided to build in both Crystal City, an urban area in North Virginia near Washington, D.C., Meanwhile, in at least one city that Amazon turned down (Chicago), creative marketing types exacted a bit of benign revenge on the company via its own technology.

New York City 122

New York City New York Virginia Chicago 122

PYMNTS

MARCH 11, 2020

This belief is based on “the Company’s operating plan, that current working capital and expected continued inventory and capital expenditure financing is sufficient to fund operations and satisfy the Company’s obligations.”. Ontario (L.A.), Oklahoma City, and Memphis. It is only part of a stepped-up marketing effort.

Company 130

Company Miami San Antonio Oklahoma City 130

PYMNTS

AUGUST 14, 2019

So as a consequence they kind of held their sales OK, but their margins crashed, their operating profit crashed, their expense rate ballooned. To keep the lights on during the bankruptcy process, the company said it received $75 million in new capital from Hilco Global and the Gordon Brothers Group. The Department Store 2019 Blues.

Las Vegas 164

Las Vegas New York Conference Report 164

PYMNTS

APRIL 16, 2020

Not only do industry giants have innate name recognition, but they also have colossal advertising budgets and access to cutting-edge mobile ordering technology and features that small operations cannot match. The new coronavirus, COVID-19, has only made this competition fiercer.

Fraud 130

Fraud Chicago Resources Mobile 130

PYMNTS

MAY 31, 2018

The paper reported that, in May, the online retailer “added two directors to its 11-member board that were nominated by activist investor Starboard Capital. Cars.com, based in Chicago, launched in 1998 and became a public company in 2017 in its spin-off from TV broadcaster and digital media firm Tegna. and autoscout24.de.

Indiana 105

Indiana social media Online Illinois 105

PYMNTS

SEPTEMBER 23, 2016

Korean Air’s board of directors approved a 60 billion won ($54 million) loan to Hanjin in an effort to help it continue daily operations. the Las Vegas-based gambling giant that owns and operates over 50 hotels and casinos around the world, has offered to boost its bankruptcy contribution by more than $1.2 and is saddled with $5.37

Las Vegas 100

Las Vegas Delaware Chicago New York 100

BankUnderground

DECEMBER 4, 2024

Two factors have contributed to this booming popularity – the longstanding efforts by Chicago Board Options Exchange (CBOE) to encourage greater retail participation in S&P 500 options and the increase in risk-taking behaviour especially among retail investors. Bowen Xiao works in the Bank’s Banking Capital Policy Division.

Marketing 124

Marketing Risk Management Retail Capital 124

Independent Banker

NOVEMBER 30, 2022

An entrepreneur with a background in accounting and finance, CEO and chairman of the board Thomas Swenson set up Montana Business Capital Corporation in 1998 with a focus on job creation and economic development lending. One just completed her CPA exam, passed a mortgage underwriter training program and ran the Chicago Marathon. “We

Community Bank 169

Community Bank Community Montana Leadership 169