PYMNTS

SEPTEMBER 24, 2018

CNBC, citing an interview JPMorgan Chase Chief Executive Jamie Dimon had with Jim Cramer on Squawk Alley, reported the company is gearing up to open 50 new branches in Philadelphia, Delaware and southern New Jersey during the course of the next five years. in an effort to strengthen its retail business. .”

Philadelphia 133

Philadelphia Trends Delaware New Jersey 133

Payments Source

FEBRUARY 5, 2019

The pushback on stores that don’t accept cash seems to be gaining momentum, with Philadelphia the latest municipality to consider a law that would ban cash-free shops.

Philadelphia 97

Philadelphia New Jersey Pennsylvania Compliance 97

Payments Dive

SEPTEMBER 18, 2023

Researchers with the Philadelphia Fed’s Consumer Finance Institute also discovered a typical BNPL user’s credit score was more than 50 points lower than a non-user's.

Philadelphia 243

Philadelphia Study 243

Payments Dive

SEPTEMBER 11, 2023

The Federal Reserve’s vice chair for supervision spoke about “responsible innovation” Friday at a Philadelphia Fed fintech conference.

Philadelphia 221

Philadelphia Conference Innovation Fintech 221

Payments Dive

FEBRUARY 23, 2024

Consumers facing financial hardships turned to buy now, pay later services more last year than stable consumers, according to survey results from the Philadelphia Federal Reserve Bank.

Survey 170

Survey Philadelphia 170

CFPB Monitor

APRIL 29, 2019

The CFPB has announced that it will hold a Town Hall to take place in Philadelphia, Pennsylvania beginning at Noon on May 8, 2019. The event will feature remarks from Director Kraninger as well as comments from community groups, industry representatives, and members of the public.

Philadelphia 68

Philadelphia Pennsylvania Policies Community 68

Jeff For Banks

MARCH 5, 2023

Ted Lasso is a fictious coach for a fictitious 2nd division English football (soccer) league. So why was the reigning U.S. soccer league (Major League Soccer-MLS) coach of the year dissing on him? Jim Curtin is a candidate for the U.S. men's national soccer team (USMNT). And he was asked about Lasso in an interview. The context was that U.S.

Philadelphia 78

Philadelphia Wisconsin Leadership Kansas 78

American Banker

OCTOBER 11, 2024

A Philadelphia-area credit union's landmark redlining settlement with the Department of Justice has prompted strong responses from the industry's regulator and its leading trade group.

Philadelphia 83

Philadelphia Regulation Groups Industry 83

American Banker

SEPTEMBER 4, 2024

Patrick Harker, the longest serving regional reserve bank president, will leave office in June 2025. Directors at the Fed bank have started the search for his replacement.

Philadelphia 36

Philadelphia Regional Policies Industry 36

American Banker

NOVEMBER 1, 2024

The buyer said it would pay $127 million in stock to acquire William Penn Bancorp in suburban Bristol, Pennsylvania.

Philadelphia 41

Philadelphia Pennsylvania Community Bank Community 41

American Banker

APRIL 26, 2024

The Philadelphia-based bank's parent company, Republic First Bancshares, had been roiled by a yearslong proxy battle involving activist investors groups and its former CEO.

Philadelphia 92

Philadelphia Groups Company Community Bank 92

American Banker

OCTOBER 11, 2024

million deal with the Justice Department settles allegations of discriminatory lending around Philadelphia. Citadel Federal Credit Union's $6.5 It was the DOJ's first-ever redlining order against a credit union.

Philadelphia 72

Philadelphia Industry Lending 72

American Banker

NOVEMBER 13, 2024

The agency had been on the verge of downgrading Philadelphia-based Republic First Bancorp's CAMELS rating to the lowest level but opted for a less severe remedy after a November 2020 visit.

Philadelphia 36

Philadelphia FDIC Community Bank Community 36

American Banker

FEBRUARY 29, 2024

Citing missed deadlines for an annual meeting and key regulatory filing, the Norcross-Braca group has called off a plan to invest $35 million in the Philadelphia bank.

Philadelphia 85

Philadelphia Capital Meeting Groups 85

American Banker

DECEMBER 16, 2019

Without admitting wrongdoing, the bank has agreed to contribute $10 million to city programs promoting home ownership for low- and moderate-income residents.

Philadelphia 88

Philadelphia Lending 88

Jack Henry

OCTOBER 15, 2020

The US banking industry has been a vital part of our nation all the way back to 1780 when the Bank of Pennsylvania was founded by Philadelphia merchants to fund the American Revolutionary War.

Philadelphia 158

Philadelphia Pennsylvania Community Management 158

American Banker

APRIL 30, 2024

In this month's roundup of top banking news: Navy Federal Credit Union officially launches its overseas banking program, Republic First Bank in Philadelphia falls to capital troubles and investor outrage, deeper looks at talks between Discover and Capital One and more.

Philadelphia 74

Philadelphia Capital Industry Compliance 74

American Banker

MAY 10, 2024

American Heritage Federal Credit Union in Philadelphia plans to acquire three branches and $105 million of deposits from Linkbancorp. The deal is part of a growing number of transactions involving credit unions buying whole banks or portions of their branch networks.

New Jersey 74

New Jersey Philadelphia Operations Community Bank 74

Payments Dive

AUGUST 24, 2017

That question was the focus of a breakout session Tuesday at the fourth annual CONNECT Mobile CX Summit in Philadelphia. The answer is complicated, which is usually the case with emerging technology options.

Philadelphia 199

Philadelphia Mobile Technology 199

American Banker

JULY 6, 2023

Under a written agreement, Quontic pledged not to distribute capital without the permission of its regulators. It's the third enforcement action in five years against the small New York-based bank.

Philadelphia 36

Philadelphia New York Regulation Capital 36

American Banker

SEPTEMBER 23, 2016

In an announcement Friday afternoon, Philadelphia Federal Reserve Bank President Patrick Harker said his regional bank is launching an "Agenda on Poverty and Prosperity" to provide research and recommendations to Fed leaders on the interaction between poverty and economic growth.

Philadelphia 28

Philadelphia Regional Regulation 28

American Banker

JULY 7, 2023

The acquisition of Malvern Bancorp, expected to close this month, would hasten First Bank's efforts to further fortify its footprint stretching from Philadelphia to New York City.

New Jersey 74

New Jersey New York City Philadelphia New York 74

PYMNTS

NOVEMBER 2, 2020

the mall companies, Philadelphia-based PREIT and Tennessee-based CBL & Associates both announced they would be filing for Chapter 11. 1), came from Philadelphia-based PREIT and Tennessee-based CBL & Associates. The top stories today in retail include merchants in the U.K. While in the U.S.,

Branding 151

Branding Philadelphia Retail Tennessee 151

Matt Wilcox Pro

MARCH 18, 2019

As of July 1, cashless stores and restaurants in Philadelphia will be no more. Outside of a few exceptions such as parking lots, hotels, and car rental agencies, the Philadelphia City Council has deemed cashless businesses discriminatory. Existing cashless businesses will not be grandfathered but required to revert.

Philadelphia 113

Philadelphia 113

PYMNTS

MARCH 19, 2019

Philadelphia recently became the first major city to pass a ban on cashless shops; New York, San Francisco, Chicago and Washington are reportedly considering passing similar legislation. The Philadelphia law takes effect in July and will also require most retail outlets to accept physical currency.

New Jersey 125

New Jersey Philadelphia San Francisco Massachusetts 125

American Banker

DECEMBER 22, 2022

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Philadelphia 81

Philadelphia Community Bank Industry Community 81

The Paypers

AUGUST 9, 2024

The Federal Reserve Bank of Philadelphia has ordered Customers Bancorp to resolve critical deficiencies in its anti-money laundering (AML) practices.

Philadelphia 36

Philadelphia 36

PYMNTS

MARCH 11, 2019

That was on display this week in payments and commerce, as cashless jumped forward in Atlanta with a big partnership, only to get the cold shoulder in Philadelphia where it is now banned by law. The city of Philadelphia certainly worried it is …. The Philadelphia measure does have some exceptions.

Philadelphia 123

Philadelphia Data Atlanta Retail 123

American Banker

OCTOBER 17, 2016

has bought the assets of West Capital Management in Philadelphia. WSFS Financial in Wilmington, Del.,

Philadelphia 28

Philadelphia Management Capital Community Bank 28

American Banker

JUNE 1, 2023

An activist investor blasted the appointment of Andrew Cohen, saying he has long served on the Philadelphia bank's board and shares responsibility for its financial troubles.

Philadelphia 69

Philadelphia Community Bank Industry Community 69

American Banker

APRIL 29, 2024

The first bank failure of 2024 will result in the Lancaster, Pennsylvania-based Fulton nearly doubling deposits in Philadelphia, a market it has viewed as strategically important for several years.

Philadelphia 41

Philadelphia Pennsylvania Marketing Community Bank 41

Payments Source

JANUARY 10, 2021

The Mint’s facilities in Denver and Philadelphia worked overtime in the second half of 2020 so that banks and retailers could get more change into customers’ hands.

Denver 83

Denver Philadelphia Retail 83

American Banker

FEBRUARY 24, 2021

The founder of Commerce Bank in New Jersey and Metro Bank in the United Kingdom has served as Republic First's chairman since 2016.

Philadelphia 57

Philadelphia New Jersey Metro Community Bank 57

PYMNTS

AUGUST 17, 2020

A Philadelphia-based mall owner is taking a proactive approach to the digital shift and back-to-school shopping. PREIT (Philadelphia Real Estate Investment Trust) is curating its first eCommerce offering in what it says is a unique avenue to engage consumers from a multi-retail perspective.

Philadelphia 164

Philadelphia Regional United States Community 164

BankDeals

APRIL 1, 2021

Tioga-Franklin Savings Bank offers its competitive Kasasa Cash, Kasasa Cash Back, and Kasasa Savers accounts in the greater Philadelphia metro area.

Philadelphia 90

Philadelphia Metro 90

PYMNTS

JULY 15, 2020

Philadelphia Federal Reserve President Patrick Harker says the mass spikes in coronavirus cases across the U.S. will likely dampen the economy as well, Reuters reported. Harker said the impact could be twofold in its damage.

Philadelphia 184

Philadelphia Texas Report Industry 184

PYMNTS

MARCH 21, 2019

San Francisco is considering following in the footsteps of New Jersey and Philadelphia and banning cashless stores, including Amazon Go, according to a report from CNBC. Many lawmakers say cashless stores are discriminatory toward lower-income individuals, as well as those without bank accounts or credit cards.

San Francisco 149

San Francisco Philadelphia New Jersey Taxes 149