PYMNTS

SEPTEMBER 27, 2019

Speaking before Congressman Stephen Lynch of Massachusetts, senior member of the House Committee on Financial Services, and the rest of the committee, witnesses from the Fed and other areas of the payments community offered their support to FedNow — but not without caveats. Accessibility Beyond Big Banks.

Payments 174

Payments Kansas City Community Bank Community 174

PYMNTS

JUNE 15, 2020

Six former eBay employees have been charged with cyberstalking a Massachusetts couple who publish a newsletter that company executives viewed as critical of the California eCommerce corporation, according to a press release from U.S. Attorney Andrew Lelling in Boston.

San Jose 182

San Jose California New York City Massachusetts 182

PYMNTS

NOVEMBER 26, 2019

Ron Wyden of Oregon, Chris Van Hollen of Maryland, Ed Markey of Massachusetts, Chris Coons of Delaware and Gary Peters of Michigan sent a letter Wednesday (Nov. Personal data can be exploited by foreign intelligence services to amplify the impact of espionage and influence operations,” the letter said.

Delaware 140

Delaware Oregon Maryland Video 140

PYMNTS

MAY 14, 2020

As it works to address the pandemic with testing, CVS Health plans to open over 50 COVID-19 testing sites at designated CVS Pharmacy drive-thru locations throughout Connecticut, Florida, Arizona, Pennsylvania and Massachusetts. CVS Health President and CEO Larry J.

Connecticut 131

Connecticut Arizona Pennsylvania Massachusetts 131

PYMNTS

JULY 24, 2019

In banking, “too big to fail” has become shorthand for financial firms of scale and reach so significant that any operational or financial difficulties may have ripple effects on the economy at large. The size, he said, doesn’t mean the merged entity will be good for consumers or communities in which the new firm will be located.

Community 130

Community Massachusetts United States California 130

PYMNTS

NOVEMBER 26, 2019

Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. As SMBs seek opportunities to expand their operations, and reach new customers and markets, they will need the right spend and workforce tools to ensure funds are spent appropriately.

Tools 141

Tools Boston Cards Management 141

American Banker

SEPTEMBER 21, 2023

The bank units would keep their current names and operate independently but pool resources to improve efficiency. The parent companies of Cape Cod 5 and Fidelity Bank have agreed to combine under a multibank holding company called Mutual Bancorp.

Massachusetts 80

Massachusetts Company Resources Operations 80

PYMNTS

NOVEMBER 26, 2019

Ron Wyden of Oregon, Chris Van Hollen of Maryland, Ed Markey of Massachusetts, Chris Coons of Delaware and Gary Peters of Michigan sent a letter Wednesday (Nov. Personal data can be exploited by foreign intelligence services to amplify the impact of espionage and influence operations,” the letter said.

Delaware 130

Delaware Oregon Maryland Video 130

PYMNTS

OCTOBER 17, 2018

On October 4, the Massachusetts Cannabis Control Commission (CCC) issued its final four recreational marijuana licenses to businesses, meaning legal marijuana will soon be available for purchase. Massachusetts joins a handful of states, including Colorado, Washington and Maine, that have taken steps to legalize recreational marijuana.

Colorado 126

Colorado Massachusetts US Industry 126

PYMNTS

NOVEMBER 26, 2019

Bank Branch Closings Take Toll On Rural Communities. Rural communities with lower incomes or a higher percentage of minorities experienced the most closings, losing 1,553 bank branches in 794 counties, a decline of 14 percent. Urban areas, however, lost only 9 percent of offices in 802 communities. for $4 billion.

United States 130

United States Community Payments Massachusetts 130

PYMNTS

JUNE 15, 2020

While our lending business has served Main Street small businesses for years, we knew that as our sellers and their communities were facing deep economic uncertainty, we could play a meaningful role in disbursing stimulus funds,” said Jacqueline Reses , the head of Square Capital, in a statement. “In

Capital 141

Capital San Francisco New Jersey Massachusetts 141

PYMNTS

JUNE 17, 2016

The company’s operations in North America, Australia, Europe, the Middle East and Africa are now returning profits, Financial Times reported. “We According to Kalanick, Uber’s China operation is currently funded thorough profits, investment money and direct investment from backers. its most profitable market.

Marketing 100

Marketing San Francisco Massachusetts California 100

PYMNTS

AUGUST 1, 2019

Really, the focus is on building the right type of community. The Lenfest Institute’s mission is to develop and support sustainable business models for local journalism,” said the institute’s Director of Operations Ken Herts. “We Also in January, the social media giant opened a 130,000-square-foot office in Cambridge , Massachusetts.

Los Angeles 108

Los Angeles social media Detroit New York 108

PYMNTS

JUNE 10, 2016

“Amazon is always looking for the best and brightest software engineers to join our team,” said Dave Glick, VP of operations technology for Amazon. So do the college communities of University of California, Santa Barbara and University of Cincinnati.

Minnesota 100

Minnesota Minneapolis Texas Long Beach 100

CFPB Monitor

NOVEMBER 16, 2021

6247-A) to the New York Community Reinvestment Act (NYCRA) that expand the NYCRA’s coverage to non-depository mortgage lenders. New York now joins a small group of states, including Illinois and Massachusetts, that apply CRA-type laws to non-depository mortgage lenders. The amendments are effective November 1, 2022.

New York 78

New York Community Regulation Data 78

PYMNTS

NOVEMBER 11, 2019

From an operational and risk perspective, we’ve handled the inflows smoothly, and without comprising our credit underwriting standards.”. The 350,000-square-foot facility is planned for Westborough, Massachusetts, a community roughly 35 miles west of Boston. Amazon’s Big Robotics Investment . India, the U.K.

Apple 101

Apple Massachusetts Data Cards 101

PYMNTS

FEBRUARY 7, 2020

Beyond 7-Eleven, Retail Business Services (RBS), the services company of Ahold Delhaize , announced in November that it was experimenting with a new frictionless store technology at its Massachusetts office. Staples is thinking creatively with a new store format that spotlights coworking, podcasting and community events.

Retail 143

Retail Dallas Massachusetts Technology 143

PYMNTS

MARCH 23, 2020

And as Logie noted, in Massachusetts, amid the self-quarantining, as businesses shutter and restaurants embrace takeout and delivery, and shop shelves are bare, life on Cape Cod has become a “day by day, week by week situation.”. As of right now, states have varied their approaches to battling COVID-19. Looking Toward The Other Side.

New York 183

New York Course Massachusetts Industry 183

PYMNTS

NOVEMBER 20, 2019

Ron Wyden of Oregon, Chris Van Hollen of Maryland, Ed Markey of Massachusetts, Chris Coons of Delaware and Gary Peters of Michigan sent a letter Wednesday (Nov. Personal data can be exploited by foreign intelligence services to amplify the impact of espionage and influence operations,” the letter said.

Data 100

Data Delaware Video Oregon 100

American Banker

NOVEMBER 17, 2016

Abington Bank in Massachusetts is planning to merge with Holbrook Co-operative Bank in Massachusetts.

Massachusetts 28

Massachusetts Operations Community Bank Community 28

Gonzobanker

DECEMBER 14, 2023

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. We are in awe. Seriously in awe.

Fintech 191

Fintech Community Regional Technology 191

PYMNTS

MARCH 17, 2020

The DEO “seeks concepts and an operator to program the space to boost innovation and entrepreneurship, demonstrate creative placemaking and feature the Made in Fairfax Network. The law opens up much more territory to these operations, which had only been permitted in areas zoned for industry.

Retail 135

Retail Arlington San Francisco Milwaukee 135

Independent Banker

OCTOBER 1, 2022

College-bound high school students in Massachusetts were asked to complete essays about the intrinsic value of community banks for a chance to win a scholarship from North Easton Savings Bank. They help a community to work towards a common goal of bettering everyone’s lives, which is a quality many larger banks lack.”. “We

Community Bank 91

Community Bank Community Minnesota Massachusetts 91

American Banker

AUGUST 13, 2020

The Massachusetts company is laying off more than 40 employees with a focus on people working in its retail banking operations.

Massachusetts 57

Massachusetts Retail Operations Company 57

PYMNTS

APRIL 18, 2018

Amazon , of course, with heft and scale, has entered the market in a big way: Late last year the eCommerce giant began signing contracts with apartment operators to install Amazon Lockers in those locations. Apartment communities and colleges are proving to be early adopters of the package concierge system. “A

System 101

System Massachusetts Course Community 101

Jeff For Banks

APRIL 30, 2022

Me: Commercial Real Estate loans are the most profitable product in a community bank's arsenal and have been through various interest rate environments. This was the conversation I had with a senior lender of a client at the Massachusetts Bankers' Association annual convention. The much sought after "operating account."

Lending 78

Lending Massachusetts Taxes Community Bank 78

American Banker

JUNE 20, 2024

The banks would continue to operate separately. PeoplesBank and Cornerstone Bank entered into an agreement to combine their holding companies in a deal slated to close early in 2025.

Massachusetts 36

Massachusetts Company Operations Community Bank 36

PYMNTS

MARCH 2, 2018

Frankly, whenever miners arrive, communities aren’t so willing to roll out a red carpet — because, as neighbors go, miners are kind of a fizzle. Read, bitcoin is something of a public nuisance for the community, as miners have started showing up in droves to set up companies that can make use of the town’s unusually low power costs.

Bitcoin 104

Bitcoin cryptocurrency Taxes Community 104

South State Correspondent

MARCH 15, 2023

Some form of this ratio will likely be applied to the national and regional banks, which means larger community banks will also be judged by this ratio. Banks often ignore this risk, particularly those with limited geographical footprints where community members talk. This should be a standard operating procedure at every bank.

social media 195

social media FDIC Branding Management 195

PYMNTS

MARCH 4, 2019

Council member and bill sponsor Ritchie Torres has said the ban is a way to make sure lower income communities, and those of color, are not shut out of marketplaces. And those stakeholders include ATM operators. The debate will likely get increased scrutiny and input from stakeholders. … and the Case Against Cashless.

Retail 129

Retail New York City New York New Jersey 129

PYMNTS

SEPTEMBER 27, 2016

One where grocery stores, restaurants and eCommerce can deliver anything and everything to your home almost instantly by drone, payments are automatic, doctors do house calls, people communicate by FaceTime and most of the labor force works remotely. The picture is no less odd than a driverless car. But, so what?

Mobile 100

Mobile Payments Los Angeles California 100

PYMNTS

MARCH 22, 2017

And while the vision of appealing to a mature palate was clear to Marvil and Jones, when it came to actualizing their business idea, the strenuous process would take them down a long, winding road that started with mapping out the scale of their operation before finding the right real estate. “We Growing Thirst for Suds. as of December 2015.

Maine 100

Maine Portland Massachusetts Denver 100

PYMNTS

NOVEMBER 29, 2019

The Greater Boston Food Bank (GBFB) is among the nonprofits working to feed local communities this holiday season is the which provides food services to 190 towns as well as cities in the eastern Massachusetts region. 25) that it will sell its StubHub ticketing operations to online ticket reseller Viagogo Entertainment Inc.

Google 129

Google Mobile Data Capital 129

Independent Banker

JANUARY 26, 2016

As community banks attempt to grow funding for expanding their loan portfolios, most turn to a tried-and-true method: They promote a certificate of deposit “special.” Community banks can significantly improve how they price and sell time deposits to produce more funding volumes with less negative impact to profitability.

Omaha 70

Omaha Community Community Bank Massachusetts 70

PYMNTS

MAY 30, 2018

Shiseido also recently acquired Massachusetts-based artificial skin technology startup Olivo Labs and California-based personalization solution provider MATCHCo. The developer community within the report is separated into three categories: shopping and payments, operations and marketing.

Data 110

Data Branding Online social media 110

Jeff For Banks

MARCH 3, 2018

Six years ago I asked in a blog post Will Plain Vanilla Kill Community Banking ? They can be a strategic shift of your franchise, a new product line, or a new operating environment. billion in assets Massachusetts bank developed Zrent so it's landlord customers could more efficiently collect rent from tenants. A 26% decline.

Apple 64

Apple Millennials Massachusetts FDIC 64

Jeff For Banks

DECEMBER 10, 2024

By way of comparison, we do a quarterly flip book for Massachusetts that shows all MA banks cost of funds was 2.48%. The bank consists of two segments: 1) the traditional community bank, and 2) CCBX, which is its Banking as a Service (BaaS) division started in 2018. But not that much higher. million in net income for an ROA of 0.73%.

Las Vegas 69

Las Vegas Lending Community Bank North Carolina 69