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Philadelphia Mall Owner Takes Care Of Its Own

PYMNTS

“The experience of the mall CMBS [commercial mortgage-backed security] from Starwood is certainly symptomatic of the larger narrative,” said Christopher Sullivan, chief investment officer of United Nations Federal Credit Union, as reported in Yahoo! But apparently they’re doing something right in Philadelphia.

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European Mall Operator Citycon Works On BOPIS Service

PYMNTS

To enable customers to shop from the complete selection of multiple mall offerings and retrieve their purchases from one place, European mall operator Citycon is creating a buy-online-pick-up-in-store (BOPIS) service. Citycon runs 40 shopping centers throughout Estonia and the Nordic nations, Bloomberg reported.

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Today In Digital-First Banking: MercadoLibre Gets License From Brazil, Alacriti Collaborates With Glia On Customer Service

PYMNTS

The new license from the nation’s central bank will let it have independence in making and directly operating financial services there, along with accessing new kinds of financing. The new license from Ireland’s financial services watchdog will let it provide its services throughout 26 European nations.

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Apple Pay’s Latitudinal Reach

PYMNTS

Apple Pay is now supported by 22 banks after adding The Co-operative Bank and Metro Bank earlier this month, and Apple Pay is now available in the U.K. City National Bank of Colorado City. First Community National Bank. First National Bank (IA). First National Bank (MN). First National Bank (SD). In the U.K.,

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Deep Dive: Contactless Payments And Touch-Free Ordering: How QSRs Are Reopening Their Storefronts

PYMNTS

restaurants have permanently shuttered operations, and more than 110,000 anticipated closing their doors in April, according to recent estimates from the National Restaurant Association. Many eateries are thus reimagining their operations to offer guests touch-free ordering and payment experiences. Approximately 30,000 U.S.

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The Central Bank Conundrum On Cryptos

PYMNTS

In the most recent news , as noted by CNBC, Switzerland’s central bank is examining how digital currencies might be used in a trading environment, working in tandem with the Swiss stock exchange’s operator SIX Group. SIX, for its part, has reportedly been developing a digital exchange that will use blockchain to underpin those transactions.

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Banks and CDFIs: Partnering for community impact

Abrigo

Terms range broadly based on the interests of the bank and the activities and needs of the CDFI—from short term operating lines of credit to long term loans that support a CDFI’s lending to affordable housing and community facilities developers, for example. Banks and CDFIs will also frequently co-invest in projects.

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