CFPB Monitor

FEBRUARY 23, 2021

The New York Department of Financial Services (DFS) recently announced that it has entered into an agreement with Hunt Mortgage , a licensed mortgage banker, to address the DFS’s findings that there was a “demonstrable lack of lending to minorities and in majority-minority neighborhoods in Western and Central New York by Hunt Mortgage.”

New York 78

New York Lending Report Policies 78

Bank Innovation

AUGUST 17, 2017

Silicon Valley, New York City, and Boston all have thriving fintech communities, and are definitely worth a trip for the invested fintech entrepreneur, but the U.S. These cities boast strong tech communities, talent pools, good coffee, and cheaper rents. is already seeing a cluster of other fintech hubs emerge.

New York City 365

New York City Fintech Georgia Boston 365

Abrigo

JANUARY 22, 2015

According to a recent survey from four Federal Reserve Banks, small regional and community banks have the highest approval rate for small business loans. The 2014 Small Business Credit Survey was a joint operation conducted by the Federal Reserve Banks of New York, Atlanta, Cleveland and Philadelphia.

Community Bank 150

Community Bank Community Regional Cleveland 150

Perficient

FEBRUARY 10, 2021

While the Centers for Disease Control and Prevention(CDC ) recommends healthcare consumers over 65 get vaccinated, few communications have targeted these groups or provided understanding and navigation to how to access the vaccine in their community. How are you reaching them?

New York City 484

New York City social media Community System 484

PYMNTS

OCTOBER 3, 2017

billion financing infusion from a group of lenders led by JPMorgan Chase, toy and game retailer Toys R Us is announcing new steps in its post-bankruptcy restructuring. In recent retail news, Chain Store Age reported Monday (Oct. The new customer touchpoint will “get merchandise into shoppers’ hands faster,” according to the article. “As

US 116

US Online New York Retail 116

Jack Henry

JULY 26, 2019

Each year, the New York Federal Reserve releases a valuable survey that sheds light on the mindset of business owners and their borrowing preferences. Here are the key takeaways from the 2019 survey.

Online 60

Online New York Survey Lending 60

PYMNTS

JANUARY 26, 2021

In today’s top retail news, the U.S. Plus, a new Federal Reserve Bank of New York study finds that individuals anticipate that the economy will rebound by next year. division has filed for Chapter 11 bankruptcy in New Jersey. “In From Community Hubs To In-Store Theater, Retailers Double Down In Digital At NRF.

Retail 239

Retail US New Jersey New York 239

PYMNTS

AUGUST 24, 2020

Ninety-four percent of consumers believe companies need to do more than just earn profits — they expect them to give back to social causes in their communities and in the world at large. Casely also recently partnered with HeadCount , a New York-based nonpartisan organization that promotes voter registration through music.

Online 142

Online Rhode Island New York Retail 142

PopularBank

MAY 1, 2020

Dear Customers, Partners and Community Members, Thank you for being part of our Popular Bank family. In these uncertain times, we are all working together to navigate our new normal. While these are unprecedented times, our long-standing commitment to you and our communities has prepared us well.

Community 95

Community New Jersey Meeting US 95

PYMNTS

APRIL 13, 2020

In what appears to be an unprecedented move, an industry trade association is stepping in to help restart a retail community hit hard by the COVID-19 pandemic. Last week, The Toy Association , which produces the mega-sized New York Toy Fair, announced plans for “ Toy Fair Everywhere.” Two additional weeks are planned for Aug.

New York 255

New York Dallas Community Industry 255

PYMNTS

OCTOBER 1, 2020

As the digital revolution continues to transform the way shoppers pay for things amid the COVID-19 pandemic, Mastercard announced a free online tool to help entrepreneurs future-proof their companies. Fortunately, Cadore quickly pivoted her business to focus on online sales and partnerships with online retailers.

Tools 262

Tools Cards Guidelines Online 262

PYMNTS

JANUARY 29, 2020

Borrower protection initiatives have taken aim at predatory lenders, both online and brick-and-mortar, with legislators at the state and federal levels addressing concerns that include a lack of transparency and sky-high fees and interest rates. small businesses had sought a loan online, compared to just 19 percent that did so in 2017.

Lending 136

Lending New York Online New Jersey 136

PYMNTS

JUNE 17, 2019

It offers delivery or convenient pickup locations in the community as it has partnerships with breweries, libraries and workplaces. There is not a lot of noise like in Boston and New York. As a result, he says it’s an ideal petri dish for experimenting with new technology, a product or a service.

Rhode Island 122

Rhode Island Marketing Online New Hampshire 122

Independent Banker

NOVEMBER 30, 2021

As more customers moved online, fraudsters took advantage of new and increasingly inventive opportunities to commit remote authentication fraud. Experts say community banks can use education, biometrics and solid cybersecurity practices to fight this growing area of crime. New account fraud. Online U.S.

Fraud 160

Fraud Strategy Community Bank New York City 160

PYMNTS

FEBRUARY 2, 2021

Visa , which is the official payment technology partner of the National Football League (NFL), will provide small- to medium-sized businesses (SMBs) with a one-day offer that will waive some of the costs connected with getting online and taking digital payments on Super Bowl Sunday (Feb. 7), according to a Tuesday (Feb.

Tampa 211

Tampa San Francisco New York Miami 211

Abrigo

FEBRUARY 8, 2024

Takeaway 2 Client fraud education at financial institutions should include takeaways that explain how to protect themselves from phishing and tips for staying secure online. While interacting with friends and family online can be a fun pastime, social platforms are a feeding ground for fraudsters. Stay up to date with fraud prevention.

Fraud 195

Fraud Resources social media Software 195

PYMNTS

DECEMBER 10, 2020

The New York- and Paris-based company has been a favorite of several high-end brands, and bills itself as a “social selling solution (B2B) enabling brands to activate their network of social sellers with a turnkey business to inspire on social media, sell online and connect with consumers anytime, anywhere.”

social media 257

social media Video Branding Online 257

PYMNTS

NOVEMBER 13, 2020

The sale is subject to the go-ahead from the United States Bankruptcy Court for the Southern District of New York. Its total gross revenue in FY 2019 exceeded $747 million, of which roughly $53 million can be attributed to the online shopping channel. 16, and an auction is scheduled for Nov. Century 21 stores announced on Sept.

United States 126

United States New York New Jersey social media 126

PYMNTS

OCTOBER 1, 2020

Online shopping software firm Easyship has become part of the Shopify Plus Technology Partner Program, which provides retailers with access to business solutions, according to a Thursday (Oct. 1) announcement.

New York 165

New York Retail Community Software 165

PYMNTS

FEBRUARY 5, 2020

Though independent books have seen their revenue tick up in recent years, many people credit that to rebuilding their shops into community hubs where people don’t just come to buy books, but also to interact with other book lovers. And many of those independent bookstore patrons still also shop on Amazon.

Online 141

Online eBook New York Study 141

PYMNTS

MARCH 7, 2020

As recently as Wednesday, Austin Public Health stated that ‘there’s no evidence that closing SXSW or any other gatherings will make the community safer.’ Festival organizers said they were exploring options for rescheduling and could potentially provide an online experience.

Austin 141

Austin New York Dallas Texas 141

Abrigo

DECEMBER 18, 2023

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. But that might not be the best move for your financial institution or your community. You might also like this webinar on credit department housekeeping. is robust.

Risk Management 221

Risk Management Management Lending Capital 221

PYMNTS

MAY 27, 2020

As The Wall Street Journal reported, the eatery hoped to avert a complete liquidation of its 98 locations in New York, the Mid-Atlantic, California, Illinois and Florida with a proposed $3 million sale of the business to Aurify Brands LLC. More than half of its revenue came from the New York City area, according to a court filing.

Florida 131

Florida New York New York City Delaware 131

PYMNTS

JULY 5, 2020

billion for Whole Foods , the online retail giant is planning to open its second automated-checkout grocery store in Seattle’s Eastside neighborhood and is hiring managers for a third store in the city’s Capitol Hill district, The Seattle Times reported. Amazon must like the supermarket business. Three years after it paid $13.4

Seattle 220

Seattle San Francisco US Chicago 220

PYMNTS

FEBRUARY 13, 2020

Cashless stores have received some pushback in the past, such as in New York City , where criticism of the model led to the city’s council to pass a ban on stores not allowing cash to be used. The growth was due to the prominence of online shopping and other cashless modes of payment.

Cards 153

Cards New York City New York Community 153

PYMNTS

JUNE 10, 2019

Airbnb is reportedly complying with a New York City subpoena that wants information about some of its listings, according to reports. The online housing marketplace is giving anonymized data on hosts and listings from the start of last year through Feb. 18 of this year. Before she was at Apple, Ahrendts was the CEO of Burberry.

New York City 178

New York City Apple New York Branding 178

PYMNTS

APRIL 8, 2020

An old computer system and too few employees are making it hard for the Small Business Administration (SBA) to meet the high demand for coronavirus relief loans, according to a report in the New York Times on Tuesday (April 7). Further, community banks are nearly out of cash.

Meeting 217

Meeting New Jersey New York Community Bank 217

PYMNTS

JANUARY 10, 2017

Sometimes, like in New York’s SoHo area , the area has gentrified out of the reach of the working and lower-class residents, who now find themselves in a neighborhood where the local supermarket has been displaced by boutique food markets and artisanal cheese shops. SNAP online . Is there any way out of that?

Online 100

Online Chicago New York Mississippi 100

PYMNTS

JULY 1, 2019

Additionally, the firm, which was once wholly located in a Brooklyn apartment and was an almost entirely one-woman show (for the first few years Blank picked every plant the firm shipped, and every artisanal planter) now has four retail outlets (two in New York, two in LA) and 70 employees. And the goal, with the now $7.8

Online 109

Online New York Millennials Branding 109

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. And in New Albany, Miss., By Ed Avis.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

APRIL 15, 2020

The San Francisco-based online marketplace for lodging said the financing will ensure it can continue investing in the company and its hosts and guests in more than 220 countries amid the coronavirus pandemic. “We Airbnb Inc. 5, according to a report by CityLab.Com last week. and Chicago, the survey revealed.

San Francisco 137

San Francisco New York City Seattle Chicago 137

PYMNTS

APRIL 10, 2020

The surge of applicants has forced some states to hire more staff, expand calling hours and ease the filing process, the news service reported. One of the solutions some states, such as New Hampshire and New York, have adopted is to have applicants apply on specific days of the week based on their name.

New Hampshire 242

New Hampshire Maryland Massachusetts Boston 242

PYMNTS

NOVEMBER 9, 2018

Uppercase Co-founder and CEO Yashar Nejati said that anyone can start a brand online, but when brands arrive at a certain threshold – about $10 million or more in sales – it’s time for them to take the next step: “That usually means opening up brick and mortar,” Nejati told PYMNTS in an interview. Pop-Up Retail Trends. Pop-Up Shop Design.

Los Angeles 144

Los Angeles New York Branding Retail 144

PYMNTS

JANUARY 18, 2021

The New York Times reported that remote work has meant many San Franciscans have fled the Bay area. Unlike many communities, San Francisco has not seen an increase in online sales tax. In fact, residential rents in San Francisco have fallen by 27 percent from a year ago, and the office vacancy rate has risen to 16.7

San Francisco 141

San Francisco Taxes New York California 141

PYMNTS

APRIL 16, 2020

Due to increasing customer demand for household goods, grocery and personal healthcare delivery, Instacart said it has rolled out a new prescription delivery service with Costco. When their prescriptions are ready, shoppers will get a text message from their Costco pharmacy.

Illinois 161

Illinois California Washington New York 161

PYMNTS

SEPTEMBER 10, 2019

Superbia Credit Union will offer products such as loans for transgender people in the process of transitioning, said Myles Meyers, founder of New York-based Superbia Services Inc., The charter means that online service could launch in early 2020. And this is where it all starts to change for the community.”.

Michigan 102

Michigan Oakland Community New York 102

PYMNTS

JANUARY 19, 2018

A popular eCommerce retailer, which has been called the “Costco for millennials,” is attracting potential investors, according to The New York Post. With warehouses in New Jersey, Dallas, Las Vegas and Atlanta, Boxed offers bulk-sized products similar to those found at big warehouse retailers like Costco Wholesale.

Millennials 128

Millennials Las Vegas New Jersey New York 128