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Staples To Debut New Store Format With Coworking, Podcasting

PYMNTS

Staples is thinking outside the box with a new store format that highlights podcasting, community events and coworking spaces. Retail, said per the announcement, “We recognize that the way people shop is changing, and with the launch of Staples Connect, we are adapting to fit the needs of our customers.” Mike Motz, CEO of Staples U.S.

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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. But that might not be the best move for your financial institution or your community. I'm not saying go out and make every retail loan that you can get your hands on,” he said.

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Supplier Payment Rallying Cries Grow Louder

PYMNTS

In Malaysia, a reader submission for The Malaysian Insight says the nation’s rallying cry, “Kita jaga kita,” should apply to the business community supporting its small business members though consistent supplier payments. In the U.S., who worked at companies of varying sizes … We learned that in the U.S.

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Facebook Tracker: East, West And Everything In Between

PYMNTS

Chicago, Illinois. This week, Facebook announced it is increasing its office space in Chicago. The company first moved in to a half-floor last year and has since taken over the 28th floor of a 37-story office tower on Wacker Drive, The Chicago Tribune reported. Here are five locations to watch for activity in the near future.

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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community. Braintree , a Chicago-based payment infrastructure company founded in 2007, aimed to replace the traditional model where merchants used different providers for a payment gateway and a merchant account. Get the full report.

Online 98
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Food Stamps Online: The $75B Grocery Game-Changer?

PYMNTS

Low-income consumers are far more likely to find it difficult to secure mainstream credit sources and are thus much more likely to make use of high-cost alternative credit sources when financial emergencies hit, often in the form of a payday, title, tax refund anticipation or installment loan. And that’s just accessing money itself.

Online 100
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2021 GonzoBanker Awards

Gonzobanker

Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Through all this, First Farmers has remained disciplined in performance and squarely focused on customers and community. Like how does that play into our communities? Since 2017, ROAE has grown from 7% to approximately 20% and ROAA has increased from.82% Inspirational?

Fintech 148