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Illinois SMBs Face Tighter COVID-19 Restrictions

PYMNTS

With COVID-19 cases rising in Illinois, operators of small- to medium-sized businesses (SMBs) in heavily populated areas face new shutdowns — measures likely to be all the more painful economically because of looming winter weather that will make options such as outdoor dining unattractive, The Wall Street Journal (WSJ) reported.

Illinois 171
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Popular Foundation Awards $216,000 in Grants to Nonprofit Organizations

PopularBank

Grants Will Benefit Communities Throughout New York, New Jersey, South Florida and Chicago. The grants ranged between $5,000-$22,000 and will continue to support critical community programming amid the ongoing COVID-19 health crisis. We will continue to support our community partners and the tremendous work they do.

NJ 97
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A fund for diverse tech companies

Independent Banker

First National Bank and Black Tech Nation Ventures teamed up to support minority-owned startups in the Pittsburgh community and beyond. Driven by her goal to cultivate a supportive community for diverse tech startups, Kelauni Jasmyn founded the fiscally sponsored nonprofit Black Tech Nation in Pittsburgh in 2018. By Elizabeth Judd.

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Stuck in the middle: Addressing the gap in senior housing with financial solutions.

PopularBank

A study from the University of Chicago found the number of retirees within that segment will nearly double in the next 10 years. The so-called “forgotten middle” has been a hot topic for many owners and operators as they look to enhance the options with independent housing and assisted living, hoping to help those trapped in the middle gap.

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Uber Freight Rolls Out Platform For Shippers To Access Its Network

PYMNTS

Companies like American Tile & Stone and Premier Packaging have already begun using Uber Freight to improve their shipping operations, and we’re excited to now roll out the platform widely to our freight community,” the company wrote in the blog post.

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What Serving The Internet’s ‘Underserved’ Means For Payments

PYMNTS

communities. That matters because as time goes by and existing cities become prohibitively expensive — think San Francisco, New York City and Los Angeles, with Chicago, Boston and other areas not far behind — many younger, well-educated consumers are making moves to exurban or even rural areas, or smaller cities. Expensive Cities.

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Are Online Merchants The Mall’s Unlikely Salvation?

PYMNTS

One might imagine that mall operators nationwide take a rather jaundiced view of the internet, since online shopping has more or less killed the mall. Returned items are sent to a regional processing hub, then on to retailers’ fulfillment centers, third-party logistics companies or liquidators.

Online 100