Remove Capital Remove Online Remove Pennsylvania Remove Retail
article thumbnail

Fashion Retailer rue21 Strikes Deal To Retire Debt

PYMNTS

Fashion retailer rue21 (r21 Holdings, Inc.) The retailer modified its asset-based credit facility to bolster availability to $155 million due 2025 headed up by Bank of America, N.A. The retailer also opened three new physical retail shops, with another 15 in the works for 2021. million members.

Retail 141
article thumbnail

Here Is the Latest Credit Data To Keep Your Bank Safe

South State Correspondent

This data is critical for pricing, capital allocation, and marketing. The Midwest continues to perform the best, followed by Pennsylvania. ” The reality is that banks should be much more granular in their ratings to allocate capital more efficiently. When you write a blog, your work is there for all to see.

Data 195
Insiders

Sign Up for our Newsletter

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

article thumbnail

Deliverr Raises $7.1M In Venture Funding Led By 8VC

PYMNTS

According to reports citing the company, the Series A round of venture funding was led by 8VC, the venture capital company. Deliverr has ten warehouses in states including Texas, Missouri, Pennsylvania, Ohio, and New Jersey. Deliverr said it will use the funding to grow its team and ink more partnerships with more online retailers.

article thumbnail

Holiday Season Brings Corporate Payments Fraud Spike

PYMNTS

The holidays are unfortunately one of the busiest times of the year for fraudsters looking to capitalize on the surge of shopping and payments activity. million was allegedly stolen from a Pennsylvania municipality via an AP and payroll fraud , Delaware Online reported recently. In the U.S.,

Fraud 149
article thumbnail

Target’s Rapid Reset

PYMNTS

Target’s demographic is migrating online — and toward Amazon. Target’s ability to differentiate its physical stores still matters — hence the high profile partnerships with Teigen this fall Dwell last year and the massive series of capital upgrades the brand has made over the last 18 months.

article thumbnail

Inventor Of The Web, Tim Berners-Lee, Wants To Take It Back

PYMNTS

What would one say about a computer geek who said he could protect their online identity , and while doing do would make a bold move against the likes of Facebook and Google ? Technology that enables consumers to control their data as they shop, pay and perform other tasks online. As consumers become more cautious — cynical?

Data 189
article thumbnail

How Can Banks Thrive in the Next Five Years?

Jeff For Banks

I know, my first job in banking in 1985 at Northeastern Bank of Pennsylvania was making microfiche. And products started migrating online. In Pennsylvania, Rocket has number 1 market share. They are/were the business owners, demanders of capital and loans, and significant depositors. And it wasn't just the tech explosion.