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If Cash Won’t Die, Why Not Manage It Better Digitally?

PYMNTS

However, even as the use of cash declines, there is mounting evidence that it’s not going anywhere, whether it be the ongoing political backlash to the concept of a cashless retail economy or merely the realization among many consumers that using cash instead of credit cards is a better way to keep from sinking into debt. Night Deposits.

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Reinventing Retail’s ‘Anchor Store’ For The Omnicommerce Age

PYMNTS

That Amazon is a widely lionized yet simultaneously imitated force in retail is not surprising. Ever since Amazon introduced a one-click checkout, a loyalty program that people willingly paid for, two-day shipping that has compressed to same-day delivery, attempts at reinventing retail by everyone in it have been never ending.

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Banks and CDFIs: Partnering for community impact

Abrigo

CDFIs are attractive partners to banks in part because of their long, 30-plus-year track record of managing capital, with few examples of investor losses. Opportunity Finance Network, the national network of CDFIs, and the CDFI Fund at the U.S. Banks and CDFIs will also frequently co-invest in projects.

Community 246
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FICO Awarded Drexel LeBow Analytics 50 Award for the FICO Safe Driving Score

FICO

Industry honorees include retail, insurance, sports, healthcare, transportation and finance. Can Arkali, senior director of Scores and Predictive Analytics at FICO, was at awards ceremony in Philadelphia in May to accept the award.

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Car Vending Machine Company Carvana Goes Up Against Wall Street

PYMNTS

billion, on an 82 percent increase in retail sales. That is the most organic growth of any automotive retailer ever in the U.S. For example, as reported by Forbes, auditor Grant Thornton wrote that “management believes” it can meet its financial obligations through February 2021. In 2019, we increased GPU by $750. Ontario (L.A.),

Company 130
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Bringing Deep Discounting To One Of America’s Most Expensive Streets

PYMNTS

So much value, in fact, that Five Below has expansion fever in a retail era when it seems most merchants are trying to figure out how to curtail the size of their physical footprint. Today, the Philadelphia-based chain has about 600 stores sprinkled throughout the United States, with a goal of increasing that count by the end of the year.

New York 100
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Guest Post: 2013 Economic Year in Review and Outlook by Banker Dorothy Jaworski

Jeff For Banks

He was just in Philadelphia on January 3rd delivering his last public speech and he nostalgically proclaimed that “the recovery remains incomplete,” which will qualify his comment for the understatement of the year award. The National Association of Business Economics, or “NABE,” is almost as optimistic at close to 3%.