article thumbnail

Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

People’s United Bank, which operates across Connecticut, southeastern New York state, Massachusetts, Vermont, Maine and New Hampshire, recently demonstrated the growing interest of community banks to collaborate with FinTechs to expand their product offering — just as larger national and multinational financial institutions (FIs) do.

Regional 214
article thumbnail

Amid Changing Lifestyles, Homebuying To Continue Torrid Pace?

PYMNTS

million homes on the market. Drilling into the data, NAR said that each of the four regions tracked showed month-over-month and year-over-year growth. In terms of turnaround, properties were on the market for only 21 days. This implies that first-time buyers are being priced out of the market. percent, equating to just 1.5

Survey 227
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Shellfish Industry Tries DTC Strategy

PYMNTS

Take the Connecticut-Long Island oyster ecosystem on Long Island Sound, which is the body of water that defines the border between the two states. The Northeast, where most of the country’s shellfishing takes place, has been hit hard. The process starts with a seed, or baby, oyster about as big as a fingernail.

Industry 157
article thumbnail

OCC outlines risk plan as Northeastern loan growth doubles

Abrigo

The tri-state area (New York, New Jersey and Connecticut) saw the highest growth in the district, an impressive 7 percent. 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. This metric surged from 2 percent as of June 30, 2013, to 4.4

article thumbnail

Zooming In On SMEs’ Financial Weak Spots

PYMNTS

the Upper Plains region — saw a spike in small business bankruptcy rates, while Connecticut saw the largest increase in this metric in the third quarter. As for wholesale, small businesses in this sector saw a plateau of delinquency rates, though some markets saw significant increases in wholesale delinquency rates, researchers stated.

Policies 100
article thumbnail

The Case for Improving Work for People with Disabilities Goes Way Beyond Compliance

PYMNTS

Among the 75% of employees with disabilities who say they have market-worthy ideas, 48% say their ideas went ignored by people with the power to act on them, 57% feel stalled in their careers, and 47% feel they would never achieve a position of power at their company, no matter how high-performing or qualified they are. .”

article thumbnail

Mobile Checkout, Resetting Store Experiences And Fairway Market’s Fight To Stay Relevant In NYC

PYMNTS

Today Fairway operates 15 stores in the New York, New Jersey, Connecticut tri-state area, as well as four liquor stores. And while the firm is avidly embracing reinvention as what it has always done, it is worth noting that reinvention is something that Fairway Market has needed in recent years.

Mobile 130