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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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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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Farmer’s Fridge On The Importance Of Digital Upgrades

PYMNTS

Vending machines have come a long way from their origins as coin-operated appliances that dispense sodas or candy. cities, including Chicago, Milwaukee, New York City and Philadelphia, and it plans to expand to additional locations. From the supply-chain side, I have to be able to manage a highly perishable inventory,” he said.

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Five Ways QSRs Are Encouraging Diners To Skip Lines And Order Ahead

PYMNTS

Reward points and discounts aren’t the only tool in the QSR playbook: The tracker found that many companies in the industry are looking to increase the convenience and security of their mobile-order ahead services. The company also planned to make order pickup more streamlined by redesigning its locations.

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The Top 20 Venture Capitalists

CB Insights

15 of the top 20 operate in the Greater Bay Area. Operating Location: San Francisco, CA. Operating Location: San Francisco, CA. Operating Location: Philadelphia, PA. Operating Location: Menlo Park, CA. 11 of the top 20 worked in big tech prior to entering VC. Current Firm: Benchmark.

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The Global Bike-Share Boom: Dockless Models Look To Solve Urban Commutes & Transit Access

CB Insights

These bike-sharing systems improved upon the unmanageable systems of the late 20th century due to docking stations and software for tracking and managing bicycle fleets. Dockless systems require less hardware for securing and managing inventory, translating into lower capital costs, expanded geographical reach, and lower costs for consumers.

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Banking's Total Return Top 5: 2013 Edition

Jeff For Banks

versus 68.5%, respectively) and its operating expenses as a percent of average assets compared to peer banks (1.66% versus 3.09%, respectively).So, So, as a branchless bank, BofI has leveraged its significantly lower operating expenses into profit. The branchless community bank operates in the Wilmington-Philadelphia market.