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Philadelphia Mall Owner Takes Care Of Its Own

PYMNTS

There’s arguably no more polarizing macroeconomic issue in the retail world than the fate of the American mall. The problems start with how retailers view and serve the customer. But apparently they’re doing something right in Philadelphia. Caught in the middle of this customer squeeze are real estate investment trusts (REITs).

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Kount, FreedomPay Join Forces To Offer Payments Platform, Fraud Prevention Package

PYMNTS

Fraud protection specialist Kount and Philadelphia-based payments platform FreedomPay are teaming up to offer “an integrated, complete solution to enable international expansion with fraud-free payments and frictionless customer” experiences.

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Free Phone Charging May Lure Shoppers Back To Stores

PYMNTS

Retailers are banking on a new way to get consumers away from shopping online and back in stores by solving a major headache: charging a mobile device. During a pilot phase of the QuickPoll surveys, ChargeItSpot reported a 70 to 90 percent completion rate across the eight retail clients testing out the service.

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Guest Post: Financial Markets and Economic Commentary by Dorothy Jaworski

Jeff For Banks

Even churches are closed and the new reality had me watching Easter church services from the Cathedral Basilica in Philadelphia on a website. For most of us here around Philadelphia, the stay at home restrictions began on March 13th, which was Montgomery County‘s date. and promised trillions of dollars to stabilize the markets.

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Visa Names The 50 Winners Of Visa Cashless Challenge

PYMNTS

Each winning business received $10,000 to use for digital commerce enhancements, point-of-sale (POS) upgrades, marketing efforts and other business improvements, Visa said in a press release.

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Guest Post: Financial Markets and Economic Update by Dorothy Jaworski

Jeff For Banks

The markets continue to roll and bond markets continue to trade in a 25 basis point range, hitting the higher end when they think the economy is strong (why else would the Fed raise rates?) Weak readings on employment, housing data, and retail sales won’t stop them. trillion in Agency mortgage backed securities.

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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. Mortgage rates rose just as much and they may potentially damage the housing market recovery. once again.