American Banker

OCTOBER 31, 2023

A $35 million capital bump from a once-hostile investor group may have helped the Philadelphia bank avoid collapse. Still, it reported $30 million of quarterly operating losses and heavy securities risk in a recently filed call report.

Philadelphia 36

Philadelphia Capital Groups Security 36

South State Correspondent

MAY 22, 2024

It is in locations like San Francisco and Miami but less so in Philadelphia. Attendance in Philadelphia is relatively low, yet office demand has held up, and delinquencies remain controlled. While net operating income and debt service coverage will be down from most banks’ underwriting, the loans remain current.

Lending 195

Lending Marketing Philadelphia San Francisco 195

PYMNTS

MARCH 23, 2020

It’s too soon to tell how the coronavirus crisis will impact corporates’ financial and payment operations, but while analysts continue to raise the alert about consumer payments fraud, the risk of B2B payments fraud persists, particularly as more employees work from home. Payroll Professionals Inc.

Philadelphia 178

Philadelphia Fraud Taxes Survey 178

PYMNTS

AUGUST 11, 2020

One business owners said he felt as if he were dealing with an entity almost like “a gangster operation.”.

Lending 237

Lending Regulation Philadelphia New York 237

PYMNTS

NOVEMBER 11, 2020

The new license from the nation’s central bank will let it have independence in making and directly operating financial services there, along with accessing new kinds of financing. MercadoLibre will work on growing its collection of credit offerings after gaining a license to run as a financial institution in Brazil.

Philadelphia 165

Philadelphia Fintech National Payments 165

PYMNTS

MAY 29, 2020

“Within the Uber app, you’ll be able to request this trip as you would any on-demand ride, while setting multiple stops as needed throughout your journey,” Niraj Patel, Uber’s director of rider operations, said in a statement. Dallas, Houston, Miami, Orlando, Tampa Bay, Philadelphia, Phoenix, Tacoma and Seattle beginning June 2, Uber said.

San Francisco 208

San Francisco Tampa US Phoenix 208

PYMNTS

APRIL 10, 2019

Steve Kessel, who as a senior vice president helms the physical store operations for Amazon, reportedly said last month that the expansion of payment options would take place at the stores, but no timeline was available as of this writing. Other cities mulling doing the same include New York and Chicago, among others.

New Jersey 144

New Jersey Philadelphia United States Chicago 144

PYMNTS

MARCH 3, 2020

Amazon has established smaller warehouses around Dallas, Phoenix, Philadelphia and Orlando to make its same-day deliveries faster. . We’re proud of the fact that our Same-Day services are driven in partnership with local communities where we operate and made possible by the people who live there.

Phoenix 175

Phoenix Philadelphia Dallas Community 175

PYMNTS

NOVEMBER 5, 2020

Philadelphia-based goPuff, which bills itself as a kind of catch-all service for helping customers with various everyday shopping needs, is hoping to use the announcement to enter into the California market, the blog post stated. Digital delivery service goPuff will acquire BevMo , a specialty beverage retailer based on the U.S.

Los Angeles 165

Los Angeles California Philadelphia Arizona 165

PYMNTS

JULY 19, 2020

Despite trimming jobs and minimizing operations as COVID-19 spread earlier this year, large U.S. New York magazine publisher and operator of several news websites, Vox Media , plans to lay off 6 percent of its workforce. companies now say that’s not enough. Now, Christou said, it could last years.

Company 175

Company US Philadelphia New York 175

PYMNTS

MARCH 11, 2020

OTG operates 350 restaurants and shops in 10 airports, including in Minneapolis, Washington D.C., Philadelphia and Toronto. There are now 26 Go stores in operation in the U.S. We can’t wait to hear how travelers like the experience,” Kumar added.

San Francisco 130

San Francisco Minneapolis Philadelphia Seattle 130

PYMNTS

MARCH 11, 2020

Other states and cities have passed similar laws, including New Jersey, Massachusetts, New York City and Philadelphia. We know that some have raised concerns about the socioeconomic implications of operating a cashless business,” Meyer said in a blog post. “By The Massachusetts law was passed almost four decades ago.

Delaware 132

Delaware New Jersey Massachusetts New York City 132

PYMNTS

JANUARY 8, 2020

Philadelphia-based Amino Payments launched in 2017, and was co-founded by Luttrell, Chris Chapman and David Bookspan. The company works with over 100,000 agencies, advertisers and media companies. It combines blockchain, advertising and payment technologies to enforce transparency in online advertising.

New York City 130

New York City blockchain Philadelphia New York 130

PYMNTS

MAY 20, 2020

restaurants have permanently shuttered operations, and more than 110,000 anticipated closing their doors in April, according to recent estimates from the National Restaurant Association. Many eateries are thus reimagining their operations to offer guests touch-free ordering and payment experiences. Approximately 30,000 U.S.

Payments 191

Payments Los Angeles New York City Indiana 191

PYMNTS

DECEMBER 27, 2018

During a recent meeting of the Troop Support division of the Defense Logistics Agency (DLA) in Philadelphia, hosted by the Troop Support’s Continuous Process Improvement (CPI) office, CPI management analyst Elijah Londo talked about what blockchain could bring to the table. The potential is absolutely enormous,” Londo said.

blockchain 148

blockchain Philadelphia Data Meeting 148

PYMNTS

MAY 3, 2019

Founded by Blue Apron ’s former Senior Directors of Operations Matt Davis and Sam McIntire, Mosaic’s first line of products boasts six vegetarian bowls: the Tuscan Pesto Bowl, the Greek Jackfruit Bowl, the Peanut Tofu Bowl, the Miso Tempeh Bowl, the Harvest Beet Bowl and the Smoky Southwest Bowl. per meal, while a 12-meal box costs $8.99

Baltimore 113

Baltimore New York City Delaware New Jersey 113

PYMNTS

DECEMBER 6, 2018

The eCommerce giant operates a cashless Amazon Books store at Garden State Plaza, a mall in Paramus, N.J. New York City and Philadelphia are also reportedly considering similar bans. We know that some have raised concerns about the socioeconomic implications of operating a cashless business,” Meyer said in a blog post. “By

NJ 133

NJ New York City New Jersey Philadelphia 133

PYMNTS

MAY 5, 2019

Reuters reported strikes are scheduled in San Francisco, Chicago, Los Angeles, San Diego, Philadelphia and Washington D.C. Drivers in jurisdictions where Uber runs its own operations are eligible for the bonus, the ride-hailing company said in the filing. Drivers in New York aren’t the only ones planning to strike.

San Diego 129

San Diego Los Angeles New York San Francisco 129

PYMNTS

NOVEMBER 28, 2018

Headlines this past week state that Modern Terminals, the second-largest container operator based in Hong Kong, has joined TradeLens. The latest announcement brings the port operator and terminal count to 20, and encompass 234 docks across five continents, noted CCN.com.

blockchain 153

blockchain South Carolina Philadelphia Operations 153

PYMNTS

MAY 24, 2016

eBay has announced its intention to grab up Ticketbis, a Spanish online ticketing platform that operates in 47 markets. The firm primarily operates in Southern Europe, Latin America and Asia. The firm primarily operates in Southern Europe, Latin America and Asia. StubHub’s main base of operations remains in the U.S.,

Philadelphia 100

Philadelphia Operations Maine America 100

PYMNTS

SEPTEMBER 17, 2020

16) that it’s signed an exclusive multiyear arrangement with the New York Giants NFL team, making DraftKings the franchise’s “official sports betting, iGaming and daily fantasy operator.” DraftKings already has similar arrangements with three NBA franchises: the Boston Celtics, Indiana Pacers and Philadelphia 76ers.

Online 168

Online Indiana New York Nevada 168

PYMNTS

DECEMBER 12, 2019

Drivers will be able to access Mercedes-Benz vehicles in Philadelphia and Nashville with the launch, the company said in an announcement. Earlier this year, for instance, Toyota announced the official launch of KINTO , a new company to manage and operate its car subscription service. Other trends are also at play.

Nashville 130

Nashville Philadelphia United States Trends 130

PYMNTS

MAY 22, 2020

Put forth by a consortium of Philadelphia-area advocacy groups and academics, a Regenerator is a kind of public-private partnership that will coordinate available resources and find new ones to help individual businesses survive. “The It’s called Main Street Regenerators.

Maine 138

Maine Philadelphia Community Groups 138

PYMNTS

JUNE 20, 2016

Effective Friday (June 17), Favor has officially pulled out of Chicago, Philadelphia, Atlanta, Miami and Washington, D.C. — Favor continues to operate in 18 cities, and according to Bath, the ratings for Favor’s service in those areas consistently reached the five-star mark.

Philadelphia 100

Philadelphia Miami Austin Atlanta 100

PYMNTS

JULY 15, 2019

Philadelphia-based eatery Tiffin is suing Grubhub for that. We operate in a dynamic, hyper-competitive sector that has changed dramatically in the past few years and will continue to do so. Grubhub’s shares dipped on the news. Grubhub maintains that antitrust concerns are not an issue.

New York City 101

New York City New York Philadelphia Online 101

Independent Banker

JANUARY 31, 2022

which operates $12 billion-asset OceanFirst Bank N.A. Although the SBA already operates a microlending program, the underwriting standards are similar regardless of whether it is a $5,000 or $50,000 loan. in Toms River, N.J. Jenny Bennett, market president at $850 million-asset Summit Bank in Eugene, Ore., saw something similar.

Lending 150

Lending Community Community Bank Compliance 150

PYMNTS

AUGUST 10, 2018

According to the report among the 94 partners for the IBM and Maersk venture dubbed TradeLens are shippers Pacific International Lines and Hamburg Süd; customs authorities in the Netherlands, Saudi Arabia, Singapore, Australia and Peru; and port operators in Philadelphia, Hong Kong, Rotterdam, Halifax, Nova Scotia, and Bilbao, Spain, reported CNET.

blockchain 102

blockchain Philadelphia Operations Industry 102

PYMNTS

APRIL 11, 2016

Macy’s, Best Buy and Kohl’s have all recently stepped up same-day delivery options that were in testing mode to full-scale operations in some locations. Best Buy has also recently added NYC, as well as Atlanta, Boston, Chicago, Dallas, Houston, Las Vegas, Los Angeles, Miami, Philadelphia, Seattle and Washington, D.C.

Los Angeles 100

Los Angeles Las Vegas Houston San Francisco 100

Independent Banker

JUNE 30, 2022

We worked with them with loans to buy equipment and vehicles for delivery and the beginning operational cash needs of the business,” Bunnell says. Rowland with Greg Bynum, president and chief operating officer. Second Federal Savings & Loan Association of Philadelphia. Philadelphia. Wrentham Co-operative Bank.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

DECEMBER 3, 2019

News has emerged, via Bloomberg , that Singapore-based automotive subscription operation Carro has gained the top automotive investment banker for HSBC in Asia as the company’s new chief financial officer. Drivers will be able to access Mercedes-Benz vehicles in Philadelphia and Nashville with the launch, the company said in an announcement.

Nashville 130

Nashville Tennessee Philadelphia Branding 130

PYMNTS

JANUARY 9, 2020

Carro, which operates in Singapore, Thailand and Indonesia, said more than $500 million worth of vehicles were sold last year on its platform, up from $250 million in 2017 and $120 million the year before.”. Answering that challenge will be among the main goals of subscription commerce operators in 2020.

Nashville 130

Nashville Tennessee Philadelphia Video 130

PYMNTS

APRIL 28, 2018

The earnings report comes amid efforts on the part of the coffee chain operator to repair its reputation after the arrest of two black men in one of its stores in Philadelphia. A customer filmed the incident, in which the men were waiting for a friend to arrive, which went viral and resulted in calls to boycott Starbucks.

US 130

US Philadelphia Training America 130

Abrigo

AUGUST 28, 2022

Adams, supervising examiner at the Federal Reserve Bank of Philadelphia, pricing is a key underwriting factor that should be addressed as part of a sound loan policy. Considerations of Loan-Pricing Models What are some considerations related to loan-pricing models for an institution's loan origination system (LOS) ? According to James L.

Software 195

Software Lending Capital Philadelphia 195

PYMNTS

JUNE 1, 2020

Look at what independent bookstores did during the pandemic – as in-store operations, they have warded off Amazon mostly by fulfilling orders in stores (immediate gratification) and meeting consumers’ emotional need to buy from a seller other than Amazon. If expertise is lacking, SMBs can reach out to local universities.

Maine 136

Maine Philadelphia Retail Exercises 136

PYMNTS

MARCH 21, 2019

Among the latest to do so is Philadelphia, where one city councilor noted that rejecting cash has a discriminatory impact. In this month’s feature story, Smith discussed how the smart technology provides robust customer data that can help eTailers better run their kiosk operations, and enable an omnichannel shopping experience.

Retail 148

Retail Philadelphia Data Technology 148

PYMNTS

JUNE 17, 2019

And there are plans to expand the service to additional markets in the coming months, including Boston, Chicago and Philadelphia. More than 400 Dunkin’ restaurants throughout New York City’s five boroughs are now offering delivery through Seamless, Grubhub’s New York brand.

New York City 109

New York City New York Philadelphia Metro 109

Abrigo

JANUARY 13, 2016

Sageworks recently announced its lineup for regional User Groups in 2016 , including events in Atlanta, Philadelphia, Los Angeles and Dallas. Customer Panel – hear from clients who use the applications in their day to day operations. If a bank or credit union is considering these events…what should they expect to learn?

Analysis 150

Analysis Groups Los Angeles Philadelphia 150