PYMNTS
SEPTEMBER 17, 2020
Mastercard said it will invest $500 million in Black communities across the U.S. We have an obligation … to be part of the positive change Black communities so rightly need now," said Ajay Banga , Mastercard CEO. "We over the next five years in a bid to address racial disparities in financial services. This is a time for action.
PYMNTS
FEBRUARY 1, 2019
The company recently opened a SNKRS Pop-Up shop in Atlanta — as the city gears up for Sunday’s Super Bowl game between the Patriots and the Rams — that will remain in the city until March. Big brands are opening pop-up shops chock full of digital commerce technology and experiences for fans, and Nike is no exception.
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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.
PYMNTS
SEPTEMBER 24, 2020
Atlanta-based Greenlight was founded in 2014 and in 2017 issued a debit card — through Community Federal Savings Bank and using a Mastercard International license — that gives parents extensive controls over how children can spend money. For instance, parents can select merchants where kids can spend money.
PYMNTS
SEPTEMBER 14, 2020
USA Today reported the “Uber Eats Contactless Order Feature” allows users to pay the tab with the app while at a restaurant to eliminate the use of bill holders, credit cards and pens. The dine-in payment feature will launch in Atlanta, Boston, Chicago, Indianapolis, Philadelphia, New York City, Vermont, and Washington, D.C.
PYMNTS
OCTOBER 6, 2020
For example, Chime CEO Chris Britt recently said that unlike traditional banks that earn money off of fees and interest from loans, his company’s profits come mostly from card usage. The Atlanta-based company noted in a press release that its Activate Enterprise NextGen ATM platform was designed for speed and ease. On Monday (Oct.
Abrigo
APRIL 25, 2024
Generally, small business loans benefit business owners, they also benefit communities, according to 2021 research for the SBA. A recent Federal Reserve Bank of Atlanta paper estimates a tightening in bank credit supply of 1 percentage point is associated with an 11 percent decline in SMEs' net job creation rate.
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