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 Justice Department Indicts 80 in Massive Online Fraud Scheme

PYMNTS

As reported, many of those indicted are Nigerian nationals. Separately, in Oregon, Portland Public Schools is, according to The Oregonian , “on track” to recover $2.9 Late this past week, on Thursday (Aug. The indictment was unsealed by the U.S. Attorney’s Office for the Central District of California. billion stolen by victims.

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Shipping Inconsistencies Plague Nonessential eCommerce

PYMNTS

Indie bookstore Powell’s in Portland, Oregon couldn’t guarantee that the order would be processed until seven to 14 days. At half of the total eCommerce volume, its distribution center can deliver on time when operating normally, but the company has committed to an inconsistent set of priorities as necessary in this crisis.

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Macy’s Is Hiring 80,000 Employees For The Holidays

PYMNTS

These positions are located in Goodyear, Arizona; Cheshire, Connecticut; Tulsa, Oklahoma; Portland, Tennessee; and Martinsburg, West Virginia, as well as in product-specific fulfillment centers in Sacramento, California; Stone Mountain, Georgia; Secaucus, New Jersey; and Joppa, Maryland.

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Vacation Rental Home Startup Vacasa Isn’t Just An Airbnb Knockoff

PYMNTS

First, according to Breon, Vacasa tends to operate in smaller towns and more affluent communities, where people have vacation or second homes, as opposed to larger cities and urban centers, where Airbnb typically dominates the market. One difference between us and Airbnb is we actually follow local zoning laws,” Breon said.

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The 2023 GonzoBanker Awards

Gonzobanker

Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank. The Holy Crap Operational Risk Award – goes to the growing threat of ransomware with bank technology vendors. and Summit Financial Group, Inc.

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A Continued Decline in Housing Inventory

TrustBank

A closer look at the data by metro regions in which Washington Trust Bank primarily operates shows that this decrease in available listings is occurring locally as well. National Home Price NSA Index reported a 13.2% The active listing count by metro region has also declined when compared to the previous 4 year average.

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Banking's Top 5 Total Return to Shareholders: 2024 Edition

Jeff For Banks

#2 Northeast Bank (NasdaqGM: NBN) Northeast Bank is a full-service bank headquartered in Portland, Maine that had $3.9 It offers personal and business services to the Maine market, and sports a national lending platform which purchases and originates commercial loans, mostly secured by real estate, and SBA loans, on a nationwide basis.