PopularBank

OCTOBER 13, 2020

The new investment vehicle aims to economically empower Black and Latinx business owners throughout the City of Newark. NWK FAM Fund Seeks to Narrow the Wealth Gap in New Jersey. Backed by prominent Black and Latinx investors, NWK FAM Fund aims to raise $100 million total in investible capital. John Harmon. Carlos Medina.

New Jersey 52

New Jersey Community NJ New York 52

PYMNTS

JANUARY 19, 2018

A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed offers bulk-sized products similar to those found at big warehouse retailers like Costco Wholesale.

Millennials 128

Millennials Las Vegas New Jersey New York 128

PYMNTS

DECEMBER 11, 2017

In the latest round, GIC was joined by Khosla Ventures, Spark Capital, Lightspeed Venture Partners, Founders Fund and Ribbit Capital, among others. In April, Affirm reported it had processed more than 1 million consumer installment loans made by Teaneck, New Jersey-based community financial institution Cross River Bank.

New Jersey 100

New Jersey Capital Apple Google 100

PYMNTS

SEPTEMBER 22, 2020

There’s arguably no more polarizing macroeconomic issue in the retail world than the fate of the American mall. The problems start with how retailers view and serve the customer. REITs are not exactly a source of good or even consistent news these days.

Philadelphia 206

Philadelphia Retail DC Detroit 206

PopularBank

JUNE 10, 2021

Leveraging its institutional depth, Popular Bank works side-by-side with business and retail customers delivering competitive business and retail offerings including Retail and Private Banking , Commercial Lending , Mortgage Services , Association Lending , Healthcare financing , and Middle Market banking.

New Jersey 98

New Jersey New York Florida Community 98

PYMNTS

OCTOBER 25, 2019

Multiple attractions will make the New Jersey mall a destination. Since that time, New Jersey has experienced five governors. the original developer, dropped out as did Colony Capital, its successor. Those include a 1.5 Mills Corp., Triple Five Group then agreed to take over the project in 2011. .

New Jersey 100

New Jersey Groups Apple America 100

PYMNTS

SEPTEMBER 21, 2017

The brick-and-mortar experience of Toys“R”Us most millennials remember from childhood — with its massive supply and aisles upon aisles of toys — is looking likely to become a relic of a bygone era in retail. We haven’t had the capital to do it.”. The selection at Walmart and Target is not as big.”. We know we need to do it.

US 115

US New York City New Jersey New York 115

PYMNTS

JUNE 23, 2016

Retail’s constant chase for growth means that some or even most will never reach their goals. What good news there is usually comes from the top-performing retailers of the day, which makes what PacSun has accomplished a downmarket rarity. Few are inevitably spared the fate in the long run.

New Jersey 101

New Jersey New York Retail Connecticut 101

PYMNTS

NOVEMBER 7, 2018

While most of JD.com’s technologies are still in their testing phase, the company’s head of technology believes it can start to capitalize on these innovations when it can do things at scale. “If If there is no scale, there is saving,” Chen Zhang told a group of reporters in Beijing on Tuesday (November 6). “If

New Jersey 116

New Jersey Google Technology Maine 116

PYMNTS

OCTOBER 18, 2018

Now $600 million better capitalized, the grocery delivery service as of today (Oct. All in, the expansion will see the service enter 1,000 new ZIP codes and over 100 new stores. Markets included in Instacart’s larger footprint will include New Jersey, Indianapolis and Houston, among others, according to the company.

Indianapolis 129

Indianapolis New Jersey Houston Capital 129

PopularBank

MARCH 11, 2020

Leveraging its institutional depth, Popular Bank works side-by-side with business and retail customers delivering competitive business and retail offerings including Retail and Private Banking , Commercial Lending , Mortgage Services , Association Lending , Healthcare financing , and Middle Market banking.

New Jersey 59

New Jersey New York Florida Lending 59

PYMNTS

OCTOBER 12, 2016

The Wayne, New Jersey, company got as far as selecting banks and filing paperwork for an IPO in 2010. and Vornado Realty Trust. That would have let its owners exit after roughly five years — they’ve now held it for more than 11 years, roughly double the typical ownership period for private equity,” according to Bloomberg.

US 100

US New Jersey Operations Capital 100

PYMNTS

APRIL 19, 2018

Standing one’s ground in an Amazon -dominated retail market doesn’t happen by accident. The retailer has announced that it will be adding more than 1,000 new employees to its technology teams this year, increasing the size of its tech department by more than a third. The company is investing $3.4

Vermont 100

Vermont New Jersey Connecticut social media 100

CB Insights

OCTOBER 20, 2017

MongoDB, which provides database management services, is backed by investors including Union Square Ventures, Sequoia Capital, New Enterprise Associates. This latest exit means 4 of New York’s top 10 largest venture capital-backed first exits over the last 6 years have taken place in 2017 year-to-date.

New York 64

New York New Jersey Connecticut Boston 64

PopularBank

OCTOBER 2, 2020

As a designated essential service, we took meaningful actions to strengthen our retail banking controls. We also secured a total of $100,000 for 14 non-profit organizations and small businesses through the FHLBNY Small Business Recovery Grants Program , which serves to provide relief to organizations in New York and New Jersey.

Community 98

Community New York New Jersey Meeting 98

PYMNTS

APRIL 6, 2020

Nonessential retail is highly dependent – in some cases, completely dependent – on eCommerce during the COVID-19 crisis. Knowing that Nike and Amazon were in the process of breaking their sales agreement, we tried a third item: a copy of Thomas Piketty’s new book, “Capital and Ideology.” Therein lies a serious problem.

Louisville 178

Louisville Portland New Jersey Oregon 178

PopularBank

OCTOBER 28, 2020

This realignment in our New York Metro market is consistent with our small business and retail services model in South Florida,” said Popular, Inc. Founded in 1893, Banco Popular de Puerto Rico, Popular’s principal subsidiary, provides retail, mortgage and commercial banking services in Puerto Rico and the U.S. Virgin Islands.

Puerto Rico 52

Puerto Rico New York Metro Community 52

PYMNTS

FEBRUARY 7, 2020

John Cronin, an analyst at Goodbody’s, told the Financial Times that by using banking partnerships, Amazon could “significantly extend” its SMB lending platform, “without any associated credit risk of regulatory obligations (in the context of capital and liquidity and so forth).”.

Austin 131

Austin Lending New York City Omaha 131

CB Insights

FEBRUARY 5, 2020

Gabi , a San Francisco-based digital broker for home and car insurance, raised a $27M Series B led by Mubadala Capital. Capital, AngelList, Burst Capital, Canvas Ventures, CMFG Ventures, Correlation Ventures, Northwestern Mutual Future Ventures, Project A Ventures, and Securian Financial Group also participated in the round. .

San Francisco 42

San Francisco New York Capital New Jersey 42

PYMNTS

FEBRUARY 21, 2019

Domino’s did not break down its technology or eCommerce-related spending for the fourth quarter of 2018, but did report that it spent $120 million in capital expenditures for the full year of 2018. “We

South Carolina 124

South Carolina New Jersey Texas Technology 124

PopularBank

MAY 1, 2020

We are well capitalized and institutionally sound. At this time, we have strengthened our retail banking controls and are taking every precaution within each of our branches. Already, we have expanded branch operation hours in South Florida and expect to do the same in New York and New Jersey in the near future.

Community 95

Community New Jersey Meeting US 95

Fintech Labs Insights

OCTOBER 7, 2015

Capital One Financial Corporation is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N.A., Capital One, N.A. has branches located primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia, and the District of Columbia.

Capital 12

Capital Regulation District of Columbia Virginia 12

PYMNTS

DECEMBER 10, 2018

Analysts at the time called this product “an historic opportunity” to bolster the merchant’s “corroding bottom lines,” and innovators rushed to build new applications to help them seize it. At least, if New Jersey lawmakers have their say. And what was the product? No, not the iPhone, but that would be a good guess.

Branding 184

Branding Cards Payments New Jersey 184

PYMNTS

FEBRUARY 6, 2018

Beset by issues at a New Jersey warehousing facility , falling investor confidence and a churn rate of more than 70 percent among its customers, Blue Apron has become one of last year’s more popular cautionary tales. million was led by August Capital, and those funds follow a $9.2 million in funding.

San Francisco 100

San Francisco New Jersey Capital Marketing 100

Independent Banker

DECEMBER 29, 2015

The bank is undertaking this steady transformation, a blend of operational and cultural change, to capitalize on its comprehensive financial product lines. A key player in this transition is Jason Boling, whose broad job description includes helping develop and implement the $340 million-asset community bank’s retail strategy.

Retail 70

Retail New Jersey Training Compliance 70

PYMNTS

OCTOBER 28, 2016

The average rate of a new bitcoin ATM? Not to make them out to be a toast attraction, but the other kiosks can be checked out in New York, New Jersey, Pennsylvania, Texas, Louisiana and Nevada. This week, he launched a bitcoin gift card integration with certain top retailers through digital wallet iPayYou.io.

Bitcoin 100

Bitcoin ATM Cards Los Angeles 100

PYMNTS

SEPTEMBER 13, 2017

The point, he said, is to make the system run more smoothly simply by making all those 4 billion square feet of inventory visible to buyers, and easy to capitalize on for sellers. From there, it has pegged its expansion around retail hotspots like New York and New Jersey.

Meeting 161

Meeting System New Jersey United States 161

PYMNTS

APRIL 10, 2017

The online retail giant just announced a plan to create over 5,000 new part-time roles over the next year as part of its Virtual Customer Service program — a program that essentially allows employees to work from home in customer service. at the hands of the SEC, bitcoin world was looking for some good news. Yes, we checked.

Bitcoin 108

Bitcoin Data ATM New Jersey 108

PYMNTS

JULY 13, 2017

The eCommerce giant reportedly plans to invest $500 million in the food segment as it capitalizes on increasing Internet penetration in the country. This good news for Amazon probably spells bad news for local rival Flipkart. Amazon has earned governmental favor to start selling groceries on the Indian subcontinent.

Columbus 100

Columbus Delaware New Jersey Maryland 100

Gonzobanker

DECEMBER 20, 2019

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. picks up Bancorp of New Jersey, Inc. So many miles to go, retail bankers!

Idaho 148

Idaho Conference Data Marketing 148

Jeff For Banks

JUNE 2, 2023

//Jeff Marsico remarks to the 2023 New Jersey Bankers' Association Annual Convention: May 19, 2023// Four decades ago, the prolonged savings-and-loan crisis devastated the industry. But, no worries, right, AOCI was excluded in regulatory capital ratio calculations, and we could hide some of that interest rate risk in HTM securities.

FDIC 78

FDIC Community Bank Regulation Lending 78

Jeff For Banks

DECEMBER 12, 2017

Total return includes two components: capital appreciation and dividends. It is the holding company for Home Federal Savings Bank, a $715 million in asset thrift headquartered in Rochester, Minnesota with retail banking and loan production offices in Minnesota, Iowa, and Wisconsin. In 2007, the Bank had $1.1 Then, kaboom!

Minnesota 60

Minnesota West Virginia Virginia Iowa 60

PYMNTS

NOVEMBER 23, 2020

When Miami-based Retail e-Commerce Ventures (REV) recently announced that it purchased the remains of twice-bankrupt RadioShack , it wasn’t some one-off strategy to acquire distressed assets for pennies on the dollar. It’s a plan the company describes as “transforming well-known, distressed retail brands into eCommerce success stories.”

Branding 254

Branding Retail New Jersey Miami 254

Fintech Labs Insights

MAY 5, 2015

DriveWealth plans to use the new capital to help onboard the company’s partners and customers, as part of its goal to “bring affordable investing to everyone, everywhere,” in the words of Robert Cortright, CEO and founder. DriveWealth was founded in May 2012 and is headquartered in Chatham, New Jersey.

San Jose 12

San Jose New Jersey Capital Management 12

PYMNTS

OCTOBER 12, 2018

Brick-and-mortar retailers have closed flagship locations in recent times, but sometimes these landmark stores make a comeback. The new store, which will be located at 30 Rockefeller Plaza, will feature multiple experiential retail components. While $134 million worth of debt comes due for Sears on Monday (Oct.

Retail 116

Retail New York City San Francisco New York 116

PYMNTS

FEBRUARY 26, 2019

“This alliance is the latest initiative by Caesars to capitalize on our database, generate a new revenue stream in a growth market and raise our profile in sports, in part by creating new sports-themed guest experiences at our resorts across the country.” and Australia. .” and Australia.

Online 108

Online Mississippi New Jersey Boston 108

Gonzobanker

DECEMBER 19, 2022

2022 was the year the fintech industry and venture capital firms figured out that banking is harder than everybody thought. Hats off to Thomas Shara at Lakeland and Tony Labozzetta of Provident for architecting the new $25 billion super-community bank in New Jersey. with Coinbase alone attracting $86 billion. Goes to CSI.

Community 216

Community Fintech Industry Innovation 216