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Shift4 targets more acquisitions

Payments Dive

With corporate valuations on the decline, the Allentown, Pennsylvania-based payment processor is targeting more growth this year in new sectors and additional regions. "We’re going into a climate now where we might find some opportunities that are great strategic fits," CEO Jared Isaacman said.

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i2c, Sightline Team Up For Cashless Cross-Channel Gaming 

PYMNTS

Its client roster includes MGM Resorts, Caesars Resorts, and Hard Rock Hotel and Casino; the Oregon and Pennsylvania state lotteries; Churchill Downs; Golden Nugget online; and DraftKings, FanDuel, William Hill, and Rush Street sports, among others. Founded in 2010, Sightline has experienced 744 percent revenue growth since 2015.

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Midwest Retailer Meijer Signs With Instacart For Grocery Delivery

PYMNTS

Online delivery platform Instacart is teaming up with regional Midwest retailer Meijer to provide same-day delivery of groceries. The program is launching initially at Aldi’s 60-plus Georgia stores, with plans to expand to more than 570 locations in California, Illinois, Pennsylvania and Florida. 3) press release.

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JPMorgan Bucks The Trend, To Open 50 New Branches In Philadelphia

PYMNTS

bank based on deposits and branches, reported CNBC, although there are areas and regions where the bank isn’t dominant. In Pennsylvania, for example, Wells Fargo , PNC and Citizens are the leading banks. The move is part of an earlier plan it announced in January, in which it said it would open 400 branches around the U.S.

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Crowdfunding, Deferred Loan Payments Jumpstart SMB Relief

PYMNTS

to help bailing out their SMB customers, with some regional financial institutions (FIs) already taking action. Pennsylvania Offers State-Level Support. Below is a roundup of some of the most recently announced measures. Fed Calls On Small Banks. Federal Reserve this week called on small banks around the U.S.

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OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

Many of the issues which the OCC will be focusing on ring true for all banks regardless of regulator and region. The OCC on Oct. • Traditional control processes (such as audit, loan review, internal controls and due diligence).

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Community Bank History: Peoples National Bank, Hallstead, Pennsylvania

Jeff For Banks

Community banks tout themselves as better than national and regional banks because of how close they are to their communities. And so it went in Hallstead, growing gradually, as towns tended to do in rural Pennsylvania, with bank loans funded by local depositors supporting the growth.