PYMNTS

FEBRUARY 6, 2020

Fairway, a 14-store chain in greater New York City, fell victim to a different dynamic: private equity. Four generations of the family had owned and operated a handful of Fairways in New York City, starting with a fruit-and-vegetable stand that opened in 1933.

New York City 153

New York City New York Regional Colorado 153

PYMNTS

MARCH 23, 2020

In comparison to the weekend of March 8, there were 28 percent fewer open houses during the March 15 weekend in New York City. said in an announcement that it will halt home buying in all 24 markets where Zillow Offers is currently in operation.

Marketing 151

Marketing New York City New York United States 151

PYMNTS

SEPTEMBER 28, 2020

He said the company’s new owners include PIMCO, a California-based global investment management firm, Davidson Kempner Capital Management LP, a global institutional alternative investment management firm headquartered in New York City and Sixth Street Partners, the San Francisco global investment firm.

San Francisco 139

San Francisco New York City Houston Dallas 139

PYMNTS

FEBRUARY 8, 2019

The company recently announced $10 million in venture capital funding, led by GV and Foundation Capital, while Amicus and Pierre Lamond also participated. million in new funding from DGF Investimentos for its small business financing solution, reports in Contxto said this week. Brazil’s Adianta has announced $2.18

Fintech 188

Fintech Capital New York City Analysis 188

PYMNTS

OCTOBER 10, 2018

BuzzFeed is planning to open a toy store in New York City later this fall. New York Post reported that the store, called “Camp,” will be located in an 11,000-square-foot space in Manhattan’s Flatiron District. Freeman, senior managing director at GlassRatner Advisory & Capital Group, recently said.

New York City 116

New York City New York social media Retail 116

PYMNTS

DECEMBER 9, 2019

Macy’s is partnering with the female-led millennial venture capital fund SoGal Ventures to launch an in-store initiative focused on women-owned businesses, Macy’s said in a press release on Thursday (Dec. SoGal was co-founded by Pocket Sun and Elizabeth Galbut in 2016 and is headquartered in New York City. Lauderdale.

Las Vegas 136

Las Vegas San Antonio New York City Detroit 136

PYMNTS

FEBRUARY 4, 2019

A tech publication , citing the company, reported that the funding round was led by GV, the venture capital arm of Google and Foundation Capital. Proceeds from the round of fundraising are slated to improve the company’s technology and expand its service in more cities.

Los Angeles 128

Los Angeles New York City Chicago Google 128

PYMNTS

JULY 5, 2019

The firm has been granted a license to operate in the British capital, CNN reported. London could provide a large opportunity for Ola, as it is one of five cities around the world that comprise almost a quarter of bookings for Uber, in addition to New York City, São Paulo, San Francisco and Los Angeles.

Los Angeles 108

Los Angeles San Francisco New York City New York 108

PYMNTS

DECEMBER 27, 2019

Or maybe a relatively bland extended-stay operation right off the interstate. To learn more about the trend, PYMNTS recently caught up with Kulveer Taggar, co-founder and CEO of Zeus , a digital and mobile-focused operation that puts business travelers into furnished housing that Zeus rents from owners.

Los Angeles 139

Los Angeles San Francisco New York City Trends 139

Cisco

DECEMBER 13, 2022

By creating sustainable financial offers, prioritizing green investment mechanisms and reallocation of capital, financing sustainable programs, and tracking the carbon footprint tracking of transactions, FIs can incentivize the integration of sustainability criteria into financial services decision-making.

Industry 144

Industry San Jose New York City Resources 144

PYMNTS

OCTOBER 12, 2018

News this week surfaced that FAO Schwarz is planning to have a flagship store in New York City once again – this time at Rockefeller Center instead of the Fifth Avenue location where Tom Hanks tapped out “Chopsticks” on a dance-on piano in the 1988 movie “Big.”. percent stake in Starbucks.

Retail 116

Retail New York City San Francisco New York 116

PYMNTS

DECEMBER 14, 2017

In a press release , Kasisto said Oak HC/FT led the fundraising round, with participation from existing investors Propel Venture Partners, Two Sigma Ventures, Commerce Ventures, Mastercard and Partnership Fund for New York City. AI’s adoption in financial services has continued at a rapid pace.

New York City 113

New York City New York Capital Meeting 113

PYMNTS

DECEMBER 15, 2017

Today in PYMNTS’ data, small- and medium-sized businesses (SMBs) have won the alternative financial venture capital (VC) funding rounds, millions of SMBs are in operation in the U.S. — 30 million | Higher end estimation of the number of SMBs in operation in the U.S.

Data 109

Data New York City eBook US 109

PYMNTS

APRIL 13, 2017

million in a seed funding round led by VC firm PivotNorth Capital. With the latest seed funding round, Darkstore has reportedly set a new goal to hit $110 million in product fulfillment and is expanding into three new markets: Los Angeles, Seattle and Chicago. Just recently, the company scored $1.4

San Francisco 100

San Francisco Los Angeles New York City Phoenix 100

PYMNTS

SEPTEMBER 18, 2019

The idea, as explained in a new PYMNTS interview with Adam Levene, founder of a retail technology company called Hero , is to plug the physical store, so to speak, into the larger digital and mobile worlds where consumers are increasingly operating. Some of that fresh capital, he said, is earmarked toward geographical expansion.

How To 176

How To New York City Retail Mobile 176

Abrigo

NOVEMBER 3, 2015

The opportunity cost of one investment over another is sometimes a rough guess, and, in some cases, capital is spent to take advantage of a new opportunity with no clear track record. Cost of capital is a defining concept in business decision-making, but it’s also abstract. They operate from what they think can happen.

Resources 150

Resources Capital New York City Taxes 150

PopularBank

AUGUST 12, 2020

We share FHLBNY’s mission to support our small business and non-profit customers who have been deeply affected by the COVID-19 health crisis,” said Popular Bank Chief Operating Officer Manuel Chinea. Additionally, Non-profit organizations are required to have an annual operating budget of less than $20 million. Salem Missionary Church.

New Jersey 98

New Jersey New York Guidelines New York City 98

Insights on Business

NOVEMBER 8, 2018

Banks are reinventing not only their infrastructure but their operating models, too, in order to win on the battleground of customer experience. Rob Palacios, EVP and Director of TCB Labs at Texas Capital Bank, sat down with Yousef Hashimi from IBM at Money2020 to discuss the banks’ work around AI and their use of the IBM Garage.

Industry 143

Industry San Francisco New York City Fraud 143

PYMNTS

DECEMBER 20, 2019

Tons of capital was raised and spent on new systems and processes. Others are getting into the act, and quickly too, including New York City-based mobile store Bandit, various pop-ups and so-called “phantom kitchens” without seating from quick-service restaurants (QSRs) including Wendy’s and Chick-Fil-A.

Mobile 131

Mobile Fraud New York City Metro 131

PYMNTS

FEBRUARY 6, 2018

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. Last year, it closed a $1 billion venture capital round , according to news reports from Reuters. 1 city for sales of Team USA gear,” Boyle said. The Economics.

Retail 118

Retail Strategy New York City Los Angeles 118

PYMNTS

APRIL 10, 2020

While they will lack the sheer financial clout of federal assistance, they are starting to offer strategies beyond capital infusions that will assist in restarting small business when the crisis passes. Several examples have shown up over the past week. And speed is of the essence.

Maine 141

Maine Seattle San Francisco New York City 141

PYMNTS

FEBRUARY 7, 2020

John Cronin, an analyst at Goodbody’s, told the Financial Times that by using banking partnerships, Amazon could “significantly extend” its SMB lending platform, “without any associated credit risk of regulatory obligations (in the context of capital and liquidity and so forth).”. Big News of the Week: The Central Operations Restructuring.

Austin 131

Austin Lending Omaha New York City 131

Abrigo

APRIL 15, 2015

Most seasoned and talented investors look for EBITDA, which is an acronym for what the company makes from its operations; it excludes non-operational concerns such as taxes and capital structure. Implied in venture investors’ desire for scaleability is the profitable operation of the company’s core system. Read his Blog.

New York City 150

New York City Operations Exercises New York 150

PYMNTS

JANUARY 30, 2020

30) from the Columbia Spectator , which covers news important to students at Columbia University and Barnard College in the global fashion capital of New York City.

Retail 142

Retail New York City New York social media 142

PYMNTS

NOVEMBER 8, 2016

First Data saw a turnaround in its North American global business solutions (GBS) operations in the third quarter of 2016, notching the first positive results in several quarters, and that was fuel for a rally of as much as 12 percent intraday in the company’s stock price. 16 in New York City. billion, from $19.3

America 171

America Data New York City New York 171

PYMNTS

APRIL 23, 2019

The promotion took place in Denver, capital of a state where marijuana is legal for recreational purposes. Recess , a CBD-infused sparkling water company, has announced that it will be available on Uber Eats for delivery to customers in New York City. To drive home the marketing message, the burger was priced at $4.20.

Innovation 122

Innovation Denver New York City Mobile 122

PYMNTS

APRIL 26, 2017

In an interview with Karen Webster, Charlie Moore, president of loan validation platform Global Debt Registry, said that within the last 18 months there has developed a clear need for better investor confidence in online loans — specifically loans being funded by institutional capital across different lending models. .

Lending 101

Lending New York City Online Fraud 101

PopularBank

JUNE 1, 2021

This behavior was driven by regulatory capital regimes, favorable pricing and high competition for product. Notably, increased lender appetite signals a highly anticipated market rebound, as lenders seek to both maintain their current book of business and pursue new inventory. in Q1 2021, the highest percentage ever on record.

New York 52

New York New York City Lending Industry 52

PYMNTS

AUGUST 10, 2018

type rent-to-own operation. “We The idea is that the firms could rent computers and other equipment for employees more cheaply than using capital to buy or lease. Will consumers really give up ownership of phones, computers and other technology products in such a way to make a company like Grover a long-term, profitable operation?

United States 112

United States New York City Retail New York 112

PYMNTS

MARCH 9, 2020

Currently exiting beta in New York City, Fahmy’s new company, DineVite, claims to put the discounts back where they belong — with the restaurant owners. The operative word is control. “I It’s a new concept that means both parties win.”. [Few] would argue that these services make life easy for the consumer.

Miami 130

Miami Los Angeles Austin South Carolina 130

PYMNTS

JUNE 29, 2017

Bank of America has Erica (or will soon), JPMorgan Chase has COIN and Capital One has Eno. On the other side of the planet, DBS Bank (one of the largest banks in Asia) is offering the same functionality to three new markets as it rolls out its all-mobile banking platform digibank in India, Singapore and Indonesia.

Marketing 103

Marketing New York City Training Mobile 103

CB Insights

SEPTEMBER 6, 2017

As internet retailers are expanding their operations into brick-and-mortar operations (think Warby Parker, Argent, Bonobos, and BaubleBar ), venture capitalists are also investing in “physical-first” startups focused on creating new brick-and-mortar business models. Select VC Investors: Otium Capital.

Maine 70

Maine Capital Rhode Island DC 70

Independent Banker

OCTOBER 31, 2021

The standard allowance for loan and lease losses (ALLL) used to account for those losses didn’t offer a timely way to adjust regulatory capital. For those banks, early adoption is an option, but few if any community banks are choosing it, according to James Kendrick, ICBA’s first vice president of accounting and capital policy.

Community Bank 91

Community Bank Community Software New York City 91

PYMNTS

NOVEMBER 19, 2020

Under the terms of the deal, FreshDirect will keep its brand name, be supervised by a seven-member board and continue its independent operations in New York City. Financial terms of the deal, which is expected to close in Q1 of 2021, have not thus far been disclosed. SNAP Customers Flood Into the Digital Grocery Market .

District of Columbia 142

District of Columbia North Carolina Retail Online 142

Independent Banker

MARCH 31, 2022

At-large director Jill Sung (not pictured), President and CEO, Abacus Federal Savings Bank, New York City. I look forward to getting back in front of our regulators, senators and representatives for face-to-face visits to rebuild personal connections and gain their support during this year’s ICBA Capital Summit.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

APRIL 13, 2019

The Saturn Sisters , incidentally, are not actually related: They are best friends and astrologers (astrology bloggers) who met at a New York City brunch and found their mutual “core value to make the world a better place through astrology.”. million in venture capital, assisted by Lorne Michaels’ incubator.

Millennials 136

Millennials Retail New York City Branding 136

PYMNTS

JUNE 17, 2016

We were thrilled to report that the health of those businesses that line the side streets and main streets of Any Town, USA are not only healthy and growing but making the local economies in which they operate healthy, too. And, that’s not all the good news. Operating a business in a profitable manner — what a quaint idea.

Apple 100

Apple Maine Retail Course 100