Bank Innovation

APRIL 26, 2019

In Richmond, Virginia, finance job openings grew 31.3% Demand for bankers and financial services workers appears to be waning following a wave of cutbacks at the start of the year. But a few cities are bucking the trend with double-digit growth in finance employment opportunities.

Virginia 170

Virginia Trends Operations Marketing 170

PYMNTS

OCTOBER 1, 2019

The Federal Aviation Administration (FAA) announced that the United Parcel Service (UPS) has won the first-of-its-kind air carrier and operator certification to an unmanned aircraft system (UAS, or drone) delivery company, UPS Flight Forward. It’s not going to be a small operation.”.

North Carolina 146

North Carolina US Virginia Operations 146

Abrigo

OCTOBER 29, 2014

Operational Risk: Lastly, the OCC mentioned an increase in operational risk, and its intent to focus on: • Significant growth areas, new products, new or expanded services and changes in strategic direction. The OCC on Oct. The OCC plans to implement the following: • Risk management for new and high growth loan products.

Rhode Island 236

Rhode Island District of Columbia New Jersey West Virginia 236

PYMNTS

JUNE 23, 2020

In a sign that RTP adoption is now spreading beyond the biggest banks, Chesapeake Bank , based in Virginia, has looped into The Clearing House’s Real-Time Payments (RTP) network. First to test the infrastructure will be Siam Cement Public Company, which will adopt the technology for its procurement and supplier payments operations.

Fraud 266

Fraud Community Bank Virginia Community 266

PYMNTS

FEBRUARY 26, 2020

Brink’s, which is based in Richmond, Virginia, said the transaction adds 14 new markets to its realm: the Netherlands, Malaysia , Romania, Belgium, Ireland, Kuwait, the Czech Republic, the Philippines, the Dominican Republic, Cyprus, Indonesia, Lithuania, Estonia and Latvia. and several smaller markets. “The

Virginia 175

Virginia New York Operations Capital 175

PYMNTS

APRIL 24, 2019

With the FAA approval Wing will be able to make drone deliveries in an area of southwest Virginia. The report noted the exact locations are still up in the air, but the drones will only be able to operate during the day when the weather is clear.

Virginia 124

Virginia New York Google Operations 124

PYMNTS

MARCH 6, 2018

According to Jordan Tabach-Bank, CEO of The Loan Companies, which operates high-end pawn shops in several locations around the U.S., According to the publication, the financing strategy is helping pawn shops shed their reputation as a source of quick cash for the down-and-out. That’s simply not true.

Virginia 142

Virginia National Strategy Capital 142

PYMNTS

AUGUST 14, 2020

“And it doesn’t fit in with most companies’ operations very well.”. Because with a more durable, sustainable and functional product, it has something to offer a business looking to cost-effectively upgrade its shipping operations. And, he noted, TemperPack is just getting started. A Better Choice For Food And MedTech.

Las Vegas 256

Las Vegas Nevada Virginia Operations 256

PYMNTS

DECEMBER 16, 2020

The massive Nor'easter appears poised to impact some 47 million Americans, with heavy snow expected to blanket parts of the Northeast and freezing rain lashing parts of Central Virginia and North Carolina with ice. The storm comes at the worst possible time, during what would generally be the busiest shipping week of the year.

North Carolina 327

North Carolina Louisiana Arkansas Virginia 327

Perficient

MAY 27, 2022

Since 2014, New York has only allowed crypto companies to operate in the state if they obtain a BitLicense, and even then, licensed companies are limited in the types of digital assets they can sell. Of particular significance is that in Virginia, banks may offer this service in either a fiduciary or non-fiduciary capacity.

cryptocurrency 332

cryptocurrency Regulation Management Bitcoin 332

PYMNTS

DECEMBER 14, 2020

This is bigger than the 2017 spike on operations and on demand.". The expansion includes 10 new states: Georgia, Hawaii, Nevada, New Mexico, Ohio, Oregon, Maryland, West Virginia, Delaware and Rhode Island, according to the release. has surpassed 5,000 locations.

Rhode Island 185

Rhode Island West Virginia Bitcoin Hawaii 185

PYMNTS

JANUARY 18, 2019

Bankruptcy Court for the Eastern District of Virginia, Bloomberg reported. Other companies, however, have made the filing along with “prepackaged plans” to help them remain operating. plans to close following its second bankruptcy. The retailer, which has just under 950 locations, filed for protection from creditors in the U.S.

Virginia 160

Virginia Retail Groups Branding 160

PYMNTS

NOVEMBER 13, 2018

For Amazon , the encouragement includes $1.525 billion in performance-based direct incentives — part of the package that led to the eCommerce operator deciding to base one of its headquarters in Long Island City. Amazon has selected New York City and Northern Virginia as the homes for its second and third headquarters.

New York City 115

New York City Virginia Arlington New York 115

PYMNTS

JANUARY 13, 2019

Walmart , the world’s biggest retailer, is gearing up to bring on 2,000 technology professionals during 2019 to support its operations in stores and online. In addition to battling Amazon in retail, it will now be in a fight for top IT talent in Sunnyvale, California and Northern Virginia, where Walmart has a small tech team.

Arlington 137

Arlington Virginia Retail California 137

PYMNTS

JULY 23, 2020

has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia. The company said the loan, along with cash flow brought in from its continuing operations and the cash it holds, is forecasted to be enough to satisfy its “operational and restructuring” requirements after court approval.

Virginia 140

Virginia United States Retail Operations 140

PYMNTS

OCTOBER 11, 2020

Santander Bank has announced three high-level appointments, two overseeing lending operations and another overseeing marketing, according to a press release. in Information Technology Management from the University of Virginia, according to Santander. Patrick Smith was named head of Small Business Banking. Smith holds a B.S.

Lending 160

Lending New York Virginia Boston 160

PYMNTS

SEPTEMBER 22, 2020

The CEO of a Virginia-based software firm claimed that the Federal Reserve ’s easing of its inflation approach was a factor in his decision to convert the rest of the firm’s money to bitcoin, Bloomberg reported. “We One of the more than 40 investors contended that he initially met those that run the exchange in Delhi.

Bitcoin 170

Bitcoin cryptocurrency Virginia Report 170

PYMNTS

JANUARY 29, 2021

Sports betting is only allowed in Colorado, Illinois, Indiana, Iowa, Nevada, New Hampshire, New Jersey, Pennsylvania, Rhode Island, Tennessee and West Virginia. . Currently in the U.S., online casino games are only allowed in Delaware, Nevada, New Jersey and Pennsylvania.

Google 168

Google Policies Rhode Island West Virginia 168

PYMNTS

JUNE 28, 2019

The company also posted listings for a chief pilot, engineers and operations managers. . Wing is also notable for being the first drone company to get Federal Aviation Administration (FAA) approval , which means the company was allowed to deliver to some cities in Virginia. .

Virginia 125

Virginia United States Regulation Google 125

PYMNTS

AUGUST 13, 2020

Stein Mart said it filed motions with the court that would allow it to stay in operation, including continuing to provide staffers with their wages as well as benefits, with the court’s approval. filed for Chapter 11 in federal bankruptcy court in Virginia. In July, Ascena Retail Group, Inc.

Retail 146

Retail Jacksonville Virginia United States 146

PYMNTS

DECEMBER 10, 2020

filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the Eastern District of Virginia. “This is a pretty marvelous transaction and I just wanted to applaud all of you for putting this together and getting this done,” Judge Huennekens said in a hearing conducted through video and telephone on Tuesday (Dec.

Branding 159

Branding United States Virginia Retail 159

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

NOVEMBER 13, 2020

13) as part of its Q3 results that Monthly Unique Payers (“MUPs”) for its business-to-consumer (B2C) operation surged 64 percent in contrast to Q3 2019. DraftKings rolled out iGaming in West Virginia and mobile sports betting in Illinois in Q3. In a sign of a continued rise in gaming amid the pandemic, DraftKings Inc.

West Virginia 162

West Virginia Illinois Tennessee Virginia 162

PYMNTS

FEBRUARY 13, 2019

Sachin Mehra, Mastercard’s current chief financial operations officer, will succeed Hund-Mejean as CFO on April 1, reporting to Mastercard President and Chief Executive Officer Ajay Banga. In a press release , Mastercard said that after more than a decade as CFO Martina Hund-Mejean will retire in the spring.

Risk Management 128

Risk Management Virginia New York Leadership 128

PYMNTS

MARCH 17, 2020

Many municipalities are looking to help by proposing new uses for vacant retail sites, including a citywide initiative in Fairfax, Virginia called Activate Fairfax , where the Department of Economic Initiative is soliciting requests for interest in an abandoned Container Store location.

Retail 135

Retail Arlington San Francisco Milwaukee 135

PYMNTS

JUNE 9, 2020

Its operating loss swelled to $291 million, 34 percent of sales, up from $2.6 At the start of the year, Signet operated 2,900 stores in every state sporting about a dozen names. Signet also operates JamesAllen.com. CEO Virginia Drosos put the best face on the results. That’s down from $1.4 million, or 0.2 million, a 6.7

Virginia 132

Virginia Operations Meeting Branding 132

PYMNTS

SEPTEMBER 24, 2020

Instacart, which operates in the U.S. The news follows Instacart’s agreement earlier this month to add the 7-Eleven convenience store chain to its online ordering platform, with plans to initially start making deliveries from 750 stores across the country in a first phase covering Virginia, Maryland, Washington, D.C.,

San Francisco 143

San Francisco Oklahoma Maryland Virginia 143

PYMNTS

AUGUST 4, 2020

The chain also operates stores in New Jersey, Delaware, Maryland, Virginia and Washington, D.C. In addition, Wawa has announced its plans to add a drive-through feature to a new store under construction in Westhampton, New Jersey. Wawa offers freshly prepared foods, beverages, coffee, fuel and surcharge-free ATMs.

New Jersey 155

New Jersey Delaware Maryland Pennsylvania 155

PYMNTS

SEPTEMBER 30, 2019

Federal Bureau of Investigation (FBI) was deployed to Kenya to investigate the matter after accounts payable department professionals for Fairfax County, Virginia received an email claiming to be from Dell Computers, requesting that the county reroute pending payments to a different, Ohio-based account. Between Aug. 8 and Sept.

Ohio 142

Ohio Operations Virginia Report 142

Independent Banker

NOVEMBER 13, 2014

Pulse is an excellent way to keep abreast with topics of interest to the bank and individual, whether operations, lending or business development. Featured General Highlighting Marketing & Sales Operations & Management Social Media Matters' IB: What can you get in LinkedIn that you can’t get from Facebook or Twitter?

Virginia 70

Virginia social media Community Groups 70

PYMNTS

FEBRUARY 18, 2020

Bankruptcy Court in Richmond, Virginia. The company expects to operate its business in the normal course during this process,” Pier 1 said in its statement. Wells Fargo National Association and Pathlight Capital LP will allow the company to operate while finalizing sales. million and listed total debt of $258.3

Fort Worth 130

Fort Worth Virginia Texas America 130

PYMNTS

SEPTEMBER 19, 2019

Wing is the first drone operator to be certified by the Federal Aviation Administration as an air carrier, and the drone delivery service will be available to eligible residents in Christiansburg, Virginia, starting in October. . 19 release. . Department of Transportation’s Integration Pilot Program, starting in 2016.

Virginia 109

Virginia United States Customer Experience Retail 109

PYMNTS

NOVEMBER 10, 2016

News earlier this week of a management shakeup at the unit, where two leaders were reported by the Wall Street Journal as being “pushed out” from the project as infighting marked internal struggles, might suggest some difficulties within the operation or at least its direction.

Virginia 128

Virginia Google Report Technology 128

Abrigo

SEPTEMBER 7, 2023

District Court case in Virginia. Often, those alerts mostly likely are routed to the operations area of the financial institution. The operations area should communicate with the BSA/AML area if this function is failing. The plaintiff is a construction company that fell victim to ACH fraud initiated by business email compromise.

Fraud 221

Fraud Training System Trends 221

Abrigo

DECEMBER 16, 2019

MST Loan Loss Analyzer (which Summit uses) and Sageworks ALLL , Abrigo’s Allowance for Loan and Lease Losses (ALLL)/CECL solutions, have been identified by the ABA as best-in-class solutions that meet the operational needs of financial institutions as they prepare for CECL compliance deadlines. Assess data first, then move to methodology.

West Virginia 195

West Virginia Virginia Data Community 195

PYMNTS

JULY 15, 2020

“While we’re certainly not the first business to require face coverings, we know this is a simple step everyone can take for their safety and the safety of others in our facilities,” said Walmart’s Chief Operating Officer Dacona Smith and Lance de la Rosa, chief operating officer at Sam’s Club, in a statement.

Virginia 141

Virginia Policies Community National 141

PYMNTS

OCTOBER 20, 2019

The pilot program is being run in Christianburg, Virginia. The company also posted listings for a chief pilot, engineers and operations managers. . The first customers to get a delivery were Michael and Kelly Collver, who got a “cough and cold” pack, which included bottled water, Emergen-C, Tylenol and other cold-related products. .

Virginia 105

Virginia Regulation Management Company 105