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CRE risk management: Navigating hazards and opportunities

Abrigo

WATCH Takeaway 1 Banks and credit unions are critical sources of capital for businesses in their communities, so how institutions assess CRE credits matters. Takeaway 2 Advisors recommend that financial institutions look behind some of the headlines and examine their own markets before ruling out CRE altogether.

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Tracksmith: Taking DTC Running From Heartbreak Hill To The Global Market

PYMNTS

3 in the best running cities in the U.S., you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world. Taylor said marketing activities reflect his current scale as a small D2C brand. And although Runner’s World magazine had the nerve to rank it No. Taylor founded Tracksmith in 2014.

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Popular Bank appoints Adam Dejak to lead Popular Mortgage

PopularBank

We are thrilled to welcome Adam Dejak as National Director of Residential Lending for Popular Mortgage. Based in New York, Adam will oversee our residential mortgage lending 1 business and will be responsible for driving growth and development of the entire program, cultivating talent, and continuing to expand our mortgage loan options.

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B2B FinTech Firms Brace For Growth With New VC

PYMNTS

Reports in the Financial Times earlier this week revealed that investors are advising startups to hold on to cash and gather reserves to remain stable amid any market uncertainties. With on-demand services like Airbnb landing a greater share of the business travel market, other players looking to compete are coming in fast.

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Logistics Startup Darkstore Scores $1.4M Seed

PYMNTS

million in a seed funding round led by VC firm PivotNorth Capital. On the delivery end, Darkstore has partnered with a spread of startups and local and national courier and major shipping companies to then ship out same-day. Darkstore already operates in San Francisco, Phoenix and New York City.

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Investors Haven’t Forgotten About Alternative SMB Finance

PYMNTS

By now, the alternative lending market is hardly new, and investor appetite for startups in the space seems to have waned. This week, alternative finance companies raised more than $77 million in venture capital funding, accounting for nearly 70 percent of total funds raised by B2B FinTech startups this week.

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Team USA Launches Omnichannel Strategy For Olympic Retail

PYMNTS

Through a pop-up store in New York City, consumers are able to browse and buy gear from official Olympic sponsors, such as Nike, Swatch and Oakley. In addition to running Team USA’s pop-up shop — and eCommerce site — Fanatics is a major player in the licensed sports apparel market, selling fan merchandise for U.S.

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