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Regional Banks Guide Corporates To Future-Proof Accounts Payable

PYMNTS

People’s United Bank, which operates across Connecticut, southeastern New York state, Massachusetts, Vermont, Maine and New Hampshire, recently demonstrated the growing interest of community banks to collaborate with FinTechs to expand their product offering — just as larger national and multinational financial institutions (FIs) do.

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Why Goodwill Regions Are Tapping Into Digital Marketplaces

PYMNTS

To bring their merchandise in front of millions of shoppers through eCommerce, several Goodwill regions are teaming with mobile marketplace OfferUp. More than 100 Goodwill store locations ranging from New York to San Francisco are uploading products like collectibles, clothing and furniture to the platform to drive in-store and online sales.

Regional 145
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Valley National is targeted by investors spooked by NYCB's loss

American Banker

Valley National, based in Morristown, New Jersey, has a high exposure to commercial-property loans relative to its peers. 31, with heavy exposure to New York, Florida and New Jersey. The bank reported that almost half its $50.2 billion loan book was in commercial real estate as of Dec.

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Paydek Collaborates With Thunes On X-Border Payments

PYMNTS

Paydek’s infrastructure supports an extensive international base of people and businesses as clients, with handling payments to more than 160 nations. It is anticipated that over 80 further nations are forecast to become part of the payment network of Paydek after the tie-up with Thunes. 7) announcement.

Payments 239
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Modell’s Sporting Goods In Bankruptcy, Will Shutter All Stores

PYMNTS

With a longtime presence in New York and surrounding suburbs, Modell’s has 153 stores mostly located in the northeast region. But it has now become the latest in an array of New York retailers to file for bankruptcy, following luxury retailer Barneys New York and grocer Fairway Market.

New York 144
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UK Expands Non-Payment Protection For Exporters

PYMNTS

The country joins other nations that have offered supply chain insurance support, The New York Times reported. A government department, UK Export Finance , has grown the program to handle transactions with the European Union, Canada, New Zealand and Iceland, among other regions. Beyond the U.K.,

Payments 176
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Visa’s Authorize.Net To Provide SMBs With Offer On Super Bowl Sunday

PYMNTS

Visa , which is the official payment technology partner of the National Football League (NFL), will provide small- to medium-sized businesses (SMBs) with a one-day offer that will waive some of the costs connected with getting online and taking digital payments on Super Bowl Sunday (Feb. 7), according to a Tuesday (Feb.

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