Bank Innovation

MARCH 8, 2016

The Philadelphia-based company announced yesterday it would acquire CardConnect, a payments processing platform. CardConnect is currently majority owned by FTV Capital, a growth equity investor in payments companies. FinTech Acquisition Corp., created to acquire a fintech company, has fulfilled its mission. FinTech Acquisition Corp.

Fintech 150

Fintech Philadelphia Capital Payments 150

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

PYMNTS

OCTOBER 8, 2020

Philadelphia-based goPuff , which bills itself as a catch-all service to help people with everyday needs, has raised $380 million in funding, according to a report from FinSMEs. billion, and the leading investors were Accel and D1 Capital Partners. Luxor Capital and SoftBank Vision Fund also participated.

Philadelphia 166

Philadelphia Capital Report Innovation 166

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

PYMNTS

AUGUST 11, 2020

The network said recent government actions against players in the industry include a July 28 FBI raid and related Securities and Exchange Commission lawsuit against Par Funding of Philadelphia; a Federal Trade Commission (FTC) suit against RCG Advances of New York; and an FTC suit against Yellowstone Capital of New York — have been sued by the Federal (..)

Lending 237

Lending Regulation Philadelphia New York 237

PYMNTS

MARCH 1, 2020

Health tech startup Accolade , with headquarters in Seattle and Philadelphia, filed with the Security and Exchange Commission (SEC) to raise $100 million for an initial public offering (IPO) on Friday (Feb. Investors include Andreessen Horowitz, Carrick Capital Partners, Madrona Venture Group and McKesson Ventures, among others. .

Mobile 165

Mobile Philadelphia Seattle Washington 165

Abrigo

AUGUST 28, 2022

One overall benefit of effective loan pricing is that it is one of the many ways a financial institution can optimize capital. 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. According to James L.

Software 195

Software Lending Philadelphia Capital 195

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 federal role will extend beyond capital,” Katz noted. And that access to capital is critical.

Maine 138

Maine Philadelphia Community Groups 138

American Banker

OCTOBER 23, 2020

The bank said the move will give it more flexibility for raising capital.

Philadelphia 31

Philadelphia Company Capital Pennsylvania 31

Abrigo

MARCH 9, 2017

Community Development Financial Institution (CDFI) loan funds help to promote healthy communities by providing early-stage credit, capital, and financial services to small businesses, affordable housing and community facilities developers, community organizations, and other types of borrowers. communities where capital tends to be scarce.

Community 246

Community San Francisco Capital Philadelphia 246

Filene

OCTOBER 19, 2016

It was also a great forum for the Coast Capital team to engage with peers within the organization and across the industry. Next, browse the programs and services available from Filene impact. Filene Feedback | Linda Young. The content from the event was directly relevant to our organization’s corporate objectives.

Philadelphia 28

Philadelphia social media Innovation Digital Strategies 28

Independent Banker

JANUARY 31, 2022

ICBA has raised a concern that if the government is looking to increase access to credit, especially for startups and entrepreneurs, it should figure out ways to remove compliance burdens and barriers to small business products so that those entities can get access to capital. Terms were up to five years at an interest rate of 2.0%

Lending 150

Lending Community Community Bank Compliance 150

Abrigo

JANUARY 29, 2016

One overall benefit of effective loan pricing is that it is one of the many ways a financial institution can optimize capital. 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. According to James L.

Capital 150

Capital Philadelphia Policies Strategy 150

PYMNTS

AUGUST 16, 2018

Cinemark has 50 theaters in 27 markets, including in New York, Philadelphia, Chicago, Los Angeles and San Francisco. This is probably a move to get broader distribution of film content,” said Leo Kulp, an analyst with RBC Capital Markets. Netflix had been discussed as a potential buyer of Landmark for a similar reason.”

Los Angeles 101

Los Angeles San Francisco Philadelphia Chicago 101

Jeff For Banks

JANUARY 18, 2014

He was just in Philadelphia on January 3rd delivering his last public speech and he nostalgically proclaimed that “the recovery remains incomplete,” which will qualify his comment for the understatement of the year award. and Janney Capital Markets at 2.1% Businesses are still cautious in capital spending.

Philadelphia 83

Philadelphia Policies US Marketing 83

PYMNTS

DECEMBER 3, 2019

Ernest Chew, who heads the British lender’s capital goods and automotive investment banking team in the region, will join Carro as its chief financial officer in February,” the news service said, citing unnamed sources. According to the report , the deal comes as Carro raised some $30 million in fresh capital.

Nashville 130

Nashville Tennessee Philadelphia Branding 130

PYMNTS

SEPTEMBER 5, 2019

The company has raised a total of $288 million in funding from venture capital and private equity backers, including Great Hill Partners, Greycroft, PWP Growth Equity, Sandbridge Capital, Industry Ventures and Canaan. Look to the Ritz-Carlton in Philadelphia for the freshest evidence of that. Indeed, in its recent U.S.

Retail 123

Retail New York New York City Philadelphia 123

PYMNTS

JANUARY 9, 2020

According to the report , the deal comes as Carro raised some $30 million in fresh capital. Drivers will be able to access Mercedes-Benz vehicles in Philadelphia and Nashville with the launch, the company said in an announcement. With the pilot, Mercedes-Benz is launching three tiers: Signature, Reserve and Premier.

Nashville 130

Nashville Tennessee Philadelphia Video 130

PYMNTS

FEBRUARY 9, 2017

ChargeItSpot , a secure phone charging station provider, is helping retailers like Neiman Marcus, Nordstrom and Under Armour capitalize on the dying cell phones of customers and their need to find a place to charge up.

Philadelphia 100

Philadelphia Survey Retail Analytics 100

PYMNTS

OCTOBER 26, 2017

“A significant amount of uncertainty remains regarding the financial and operational impacts from Equifax’s breach,” RBC Capital Markets analyst Gary Bisbee said in a note on Monday, as he cut his recommendation on the stock to “hold” from “buy.”. Since the breach, Equifax shares are down about 24 percent.

Philadelphia 100

Philadelphia Security Report Capital 100

PYMNTS

JUNE 12, 2018

In the early days of online lending, the big appeal was access to funds for potential borrowers with few, if any, options for securing capital. They all had a pretty tough time and took losses a lot more than expected,” said Henry Song, a portfolio manager at Diamond Hill Capital Management Inc. ” Will those securities pay?

Lending 116

Lending Security Philadelphia Dallas 116

PYMNTS

MARCH 11, 2020

This belief is based on “the Company’s operating plan, that current working capital and expected continued inventory and capital expenditure financing is sufficient to fund operations and satisfy the Company’s obligations.”. Ontario (L.A.), Oklahoma City, and Memphis. It is only part of a stepped-up marketing effort.

Company 130

Company Miami San Antonio Oklahoma City 130

PYMNTS

OCTOBER 11, 2019

on the global financial cycle, this would help reduce the volatility of capital flows to emerging market economies.”. By reducing the influence of the U.S. The move toward truly cashless, we note, is a long way off, if at all. What Lies Ahead.

National 183

National Philadelphia Policies Examples 183

Abrigo

JANUARY 22, 2015

The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia. Firms seeking credit had varying purposes for doing so, but among the most popular were expanding their business, funding day-to-day operations and replacing capital assets.

Community Bank 150

Community Bank Community Regional Cleveland 150

PYMNTS

APRIL 7, 2017

CS: That’s easy: The Uber of X is a shared service that leverages unused capital to provide a community service. We want to put that unused capital to use to the economic benefit of the owners. Also, launch Truxx in Philadelphia, Atlanta and Louisville. Truxx is a great example. PYMNTS: What are Truxx’s 2017 goals?

Louisville 116

Louisville Philadelphia Atlanta Retail 116

PYMNTS

JULY 26, 2018

Reuters , citing comments that Co-founder Thomas Griesel made to a German newspaper, reported that the company wants to capitalize on a growing demand for ready-made meals. “We Drivers will be able to access Mercedes-Benz vehicles in Philadelphia and Nashville with the launch, the company said in an announcement.

Marketing 110

Marketing Software Nashville Tennessee 110

PYMNTS

DECEMBER 21, 2018

About 1,200 miles, one time zone and significant differences in climate and culture separate New Orleans and Philadelphia, but on Monday and Tuesday nights, that distance can seem much smaller. Some pop-ups-turned-permanent-restaurants have celebrity chefs involved with them, and others had to rely on Kickstarter to get the capital to scale.

San Francisco 167

San Francisco ATM Retail Philadelphia 167

Jeff For Banks

MAY 4, 2020

Even churches are closed and the new reality had me watching Easter church services from the Cathedral Basilica in Philadelphia on a website. For most of us here around Philadelphia, the stay at home restrictions began on March 13th, which was Montgomery County‘s date. Restaurants are closed. Theaters are closed.

Marketing 78

Marketing Philadelphia Community Bank US 78

PYMNTS

JULY 27, 2018

” A recent analysis by KeyBanc Capital Markets confirmed that picture – while there is some item overlap between what a consumer can find on Amazon and what they can find in a Five Below, the customer who shops at Five Below is deriving unique value from their chosen shopping venue.

New York 100

New York New York City Branding Philadelphia 100

Jeff For Banks

DECEMBER 8, 2022

As Philadelphia Fed President Harker said recently: “Inflation is known to shoot up like a rocket and then come down like a feather.” The problem is that we are not ready as an economy to turn on a dime away from fossil fuels and businesses are reluctant to make the necessary capital investments to drill for more oil.

Marketing 78

Marketing Policies Philadelphia Community Bank 78

PYMNTS

FEBRUARY 3, 2018

The game will be the main event for most people, particularly for fans in Boston and Philadelphia, as both cities are known for being ever so slightly fanatical about their sports teams. [GO But not everyone. I’m ready to make some serious cash.”. This from St. She’s not alone. All the inventory [selling] out is not good news.

Minneapolis 101

Minneapolis Minnesota Philadelphia Boston 101

CB Insights

APRIL 17, 2018

For the third consecutive year, we worked with The New York Times to identify and rank the top 100 venture capital professionals from around the globe. Below are the detailed profiles of the Top 20 Venture Capital Partners. PROFILES OF THE TOP 20 VENTURE CAPITAL PARTNERS. Current Firm: First Round Capital (Founding Partner).

San Francisco 71

San Francisco CA Capital Operations 71

Jeff For Banks

DECEMBER 22, 2013

capital appreciation and dividends. Texas Capital Bancshares, Inc. Nasdaq: MRLN) Continuing the theme of niche banks, Marlin is a direct lender providing financing to business so they can acquire new equipment and technology while preserving capital. The branchless community bank operates in the Wilmington-Philadelphia market.

Community Bank 86

Community Bank Atlanta Community Strategy 86

Fintech Labs Insights

SEPTEMBER 30, 2016

Based in Conshohocken, Pennsylvania, with an office in San Diego, California eMoneyAdvisor was named one of the Best Places to Work in Philadelphia by the Philadelphia Business Journal. and one of the Best Places to Work in San Diego by the San Diego Business Journal. trillion in assets.

San Diego 12

San Diego Management North Carolina Philadelphia 12

CB Insights

MARCH 22, 2018

Dockless systems require less hardware for securing and managing inventory, translating into lower capital costs, expanded geographical reach, and lower costs for consumers. The city of Philadelphia has successfully piloted a program using electronic benefit transfer cards to provide subsidies for bike-share users.

System 52

System Baltimore US Operations 52

Independent Banker

JANUARY 26, 2016

Woody says community banks should carefully consider each activity the Federal Reserve allows financial holding companies to pursue, but they also should carefully acquire the expertise they need to capitalize on new activities. For community banks, building an outstanding team of current and future executive talent is crucial.

Community Bank 70

Community Bank Community San Diego Strategy 70

Jeff For Banks

JANUARY 19, 2013

Higher wage earners will see an increase in the top tax bracket, from 35% to 39.6%, and an increase in their capital gains and investment income levels from 15% to 20%. Dorothy Jaworski economic update economy First Fed of Bucks County First Federal of Bucks County guest post Jeff Marsico Kafafian Group Philadelphia economy'

Taxes 71

Taxes Philadelphia DC New Jersey 71