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Wells Fargo Loses Contract With City Of Philadelphia

PYMNTS

Wells Fargo is trying to move beyond its fake account scandal, but that’s not happening at least in the city of Philadelphia, where the embattled bank lost a big government contract. Officials in the city of Philadelphia said the move to switch payroll providers wasn’t due directly to the scandal, although it did play some role. “We

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

PYMNTS

So, in the spirt of “if you can’t beat ‘em, join ‘em,” PYMNTS recently caught up with two entrepreneurs determined to bring digital expertise and efficiency to cash management — the type of cash management that can make or break employees and some business operators, especially in the restaurant space. Better Cash Management?

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Citigroup Ponders Suburban Satellite Offices 

PYMNTS

The Philadelphia-based private real estate investment management firm owns buildings in northern New Jersey as well as in Stamford, Connecticut. Over the past several years, bigger corporates like Goldman Sachs and Deutsche Bank have moved some of their operations out of New York City to save money on overhead.

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Mediaocean Seeks Supply Chain Transparency

PYMNTS

Headquartered in New York City and founded in 2012, Mediaocean manages every aspect of the advertising workflow, and handles $150 billion in global media spend. Philadelphia-based Amino Payments launched in 2017, and was co-founded by Luttrell, Chris Chapman and David Bookspan.

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U.S. Government Wants To Use Blockchain To Help In Disaster Relief

PYMNTS

During a recent meeting of the Troop Support division of the Defense Logistics Agency (DLA) in Philadelphia, hosted by the Troop Support’s Continuous Process Improvement (CPI) office, CPI management analyst Elijah Londo talked about what blockchain could bring to the table. The potential is absolutely enormous,” Londo said.

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NJ Lawmakers: Brick-And-Mortars Must Accept Cash

PYMNTS

The eCommerce giant operates a cashless Amazon Books store at Garden State Plaza, a mall in Paramus, N.J. New York City and Philadelphia are also reportedly considering similar bans. We know that some have raised concerns about the socioeconomic implications of operating a cashless business,” Meyer said in a blog post. “By

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Loan-pricing models: What to consider for loan origination software

Abrigo

Adams, supervising examiner at the Federal Reserve Bank of Philadelphia, pricing is a key underwriting factor that should be addressed as part of a sound loan policy. Management must ensure that an appropriate pricing structure is established and implemented for each type of loan product offered,” Adams wrote. According to James L.

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