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Macy’s To Open New Ohio Distribution Center

PYMNTS

It looks like Macy’s will be doing some new building in in central Ohio, thanks to an awareness of some state tax incentives. According to reports , Macy’s will open a new regional distribution center in the Rickenbacker Airport area that is expected to create 410 jobs when it opens in Fall 2019.

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Scammers Prove Corporate Payments Fraud Comes In All Shapes And Sizes

PYMNTS

percent more financial crimes occur in cities where corporate accounting fraud has been reported , according to a new research report from Ohio State and Indiana University exploring the correlation between corporate fraud and local financially motivated crimes, reports in The Lantern said.

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Sageworks’ speakers tackle tough banking topics

Abrigo

Sageworks consultants have hosted and spoken at roughly two dozen regional and national events and industry conferences attended by hundreds of banking and credit union executives, regulators and industry professionals. See upcoming regional and national events hosted or attended by Sageworks here.

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Amazon Air Expands In A Bid To Better Manage Shipping Logistics

PYMNTS

In a move to better control shipping and logistics, Amazon has been expanding Amazon Air, with 50 new planes and numerous regional hubs, according to a report by CNBC. and this year it’s opening regional hubs in Texas, Ohio, and expanding one in Illinois. The expansion includes a $1.5

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Auto lending up more than 30 percent at credit unions since 2012

Abrigo

Regionally, the rocket-like momentum remains clear. have increased their auto lending portfolios by more than $21 billion, the largest jump of any region. Navy Federal Credit Union, aside from being the largest single CU in the South with more than $62 billion in assets, also unsurprisingly leads the region in both new auto loans ($4.5

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Wages At Smaller Firms Reach Record High 

PYMNTS

Small business job gains have flattened in the second half of the year as labor markets prove very tight,” said James Diffley, chief regional economist at IHS Markit. “In The Southern region led small business growth. Ohio ranked seventh and Michigan 10th, both up over 0.4 Job growth increased by 0.06 percent mid-year to 4.13

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Kroger, Ocado Announce Two New Customer Fulfillment Centers

PYMNTS

Kroger and Ocado , one of the world’s largest online grocery retailers, have announced that Central Florida and the Mid-Atlantic will be the next regions for Kroger’s two newest customer fulfillment centers (CFC) in the U.S. In November, Kroger announced its first CFC would be built in Monroe, Ohio, which is outside of Cincinnati.

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