PYMNTS

MARCH 7, 2019

Lawmakers in Philadelphia have passed a ban on cashless stores, making it the first major city in the U.S. The politician who introduced the bill, Philadelphia City Councilman William Greenlee, said he thinks the general move toward a cashless city is discriminatory toward lower income individuals and other marginalized populations. Now stores will be required “to do what businesses have been doing since Ben Franklin was walking the streets of Philadelphia,” he said.

Philadelphia 216

Philadelphia Atlanta Massachusetts New York City 216

PYMNTS

SEPTEMBER 14, 2020

Fashion District Philadelphia garnered more than 70 tenants and an average of nearly 700,000 visitors per open month in its first year, according to a Monday (Sept. Retail apparel brick and mortar fashion News Philadelphia What's Hot

Philadelphia 158

Philadelphia Conference Survey Trends 158

PYMNTS

MAY 3, 2017

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. According to a report in CNBC , the Philadelphia City Council voted Monday (May 1) to switch the company that handles its $2 billion payroll account from Wells Fargo to Citizens Bank for its next fiscal year, which begins in July.

Philadelphia 153

Philadelphia Policies Course Report 153

PYMNTS

SEPTEMBER 22, 2020

But apparently they’re doing something right in Philadelphia. The Philadelphia Real Estate Investment Trust (PREIT) owns 17 malls surrounding the New York-New Jersey-Pennsylvania corridor, with a smattering of properties near Detroit and Washington, DC.

Philadelphia 158

Philadelphia Detroit Pennsylvania New Jersey 158

American Banker

DECEMBER 16, 2019

Fair Housing Act Foreclosures Subprime lending Redlining Wells Fargo City of Philadelphia, PA 717893Without admitting wrongdoing, the bank has agreed to contribute $10 million to city programs promoting home ownership for low- and moderate-income residents.

Philadelphia 69

Philadelphia Lending 69

Payments Source

FEBRUARY 5, 2019

The pushback on stores that don’t accept cash seems to be gaining momentum, with Philadelphia the latest municipality to consider a law that would ban cash-free shops. Retailers Compliance Digital payments Cash New Jersey Pennsylvania

Philadelphia 104

Philadelphia NJ New Jersey Pennsylvania 104

PYMNTS

MAY 5, 2020

Two Philadelphia sports teams, the 76ers and the Philadelphia Flyers, will reportedly provide fans with credits or reimbursements for regular-season games at their shared stadium that go unplayed due to COVID-19, The Philadelphia Tribune reported.

Philadelphia 153

Philadelphia Minnesota Report Payments 153

American Banker

FEBRUARY 24, 2021

The founder of Commerce Bank in New Jersey and Metro Bank in the United Kingdom has served as Republic First's chairman since 2016. C-suite Corporate governance Community banking

Philadelphia 50

Philadelphia Metro New Jersey Community Bank 50

CFPB Monitor

APRIL 29, 2019

The CFPB has announced that it will hold a Town Hall to take place in Philadelphia, Pennsylvania beginning at Noon on May 8, 2019. The event will feature remarks from Director Kraninger as well as comments from community groups, industry representatives, and members of the public.

Philadelphia 65

Philadelphia Pennsylvania Policies Community 65

American Banker

SEPTEMBER 23, 2016

In an announcement Friday afternoon, Philadelphia Federal Reserve Bank President Patrick Harker said his regional bank is launching an "Agenda on Poverty and Prosperity" to provide research and recommendations to Fed leaders on the interaction between poverty and economic growth.

Philadelphia 44

Philadelphia Regional Regulation 44

PYMNTS

SEPTEMBER 24, 2018

CNBC, citing an interview JPMorgan Chase Chief Executive Jamie Dimon had with Jim Cramer on Squawk Alley, reported the company is gearing up to open 50 new branches in Philadelphia, Delaware and southern New Jersey during the course of the next five years. ” As a result of the branch openings, JPMorgan said it will hire as many as 300 employees for the Philadelphia branches and will put $3 billion for mortgages and small business lending in the area.

Philadelphia 130

Philadelphia Delaware Pennsylvania Trends 130

American Banker

OCTOBER 17, 2016

has bought the assets of West Capital Management in Philadelphia. WSFS Financial in Wilmington, Del., breaking_news community-banking de pa dealmaking-strategy

Philadelphia 38

Philadelphia Capital Management Community Bank 38

American Banker

OCTOBER 23, 2020

The bank said the move will give it more flexibility for raising capital. Capital Community banks Pennsylvania

Philadelphia 30

Philadelphia Company Pennsylvania Community Bank 30

Payments Source

MARCH 4, 2016

A new Federal Reserve Bank report opens the door for retailer groups to push again for even lower transaction fees by deflating the argument that small banks have been harmed by the Durbin amendment's reduced debit transaction fees for larger banks. retail-acquiring processing legislation debit-prepaid regulation-compliance

Philadelphia 60

Philadelphia Groups Report Compliance 60

Jeff For Banks

APRIL 6, 2021

"In case you're looking for some light reading this weekend, FRB-Philadelphia working paper 21-08, Does CFPB Oversight Crimp Credit?" ~ Robert Morro (@bmorro44) So went a tweet from one of my Twitter connections. So I listened to him, and dialed up the FRB-Philadelphia WP 21-08.

Regulation 78

Regulation Study Philadelphia Lending 78

Filene

OCTOBER 19, 2016

12:00 p.m. - 3:00 p.m. Local Host: American Heritage Federal Credit Union. Lunch will be served. Filene Host: Jimese Harkley. Click the arrow below to REGISTER for this event: WHAT IS AN IMPACT ROADSHOW? It’s 90+ minutes of stimulating conversation about CU programs that have the potential to enrich your members’ experience and build a culture of success in your credit union.

Philadelphia 28

Philadelphia social media Training Analysis 28

PYMNTS

JULY 15, 2020

Philadelphia Federal Reserve President Patrick Harker says the mass spikes in coronavirus cases across the U.S. Economy COVID-19 economy News pandemic Patrick Harker Philadelphia Federal Reserve shutdown small business SMBs What's Hot

Philadelphia 202

Philadelphia Texas Report US 202

PYMNTS

AUGUST 17, 2020

A Philadelphia-based mall owner is taking a proactive approach to the digital shift and back-to-school shopping. PREIT (Philadelphia Real Estate Investment Trust) is curating its first eCommerce offering in what it says is a unique avenue to engage consumers from a multi-retail perspective.

Philadelphia 186

Philadelphia United States Regional Community 186

PYMNTS

MAY 22, 2020

Put forth by a consortium of Philadelphia-area advocacy groups and academics, a Regenerator is a kind of public-private partnership that will coordinate available resources and find new ones to help individual businesses survive. “As

Philadelphia 191

Philadelphia Metro Community Groups 191

American Banker

MAY 4, 2016

Investors Bancorp in Short Hills, N.J., has agreed to buy Bank of Princeton in Princeton, N.J. breaking_news community-banking m-a nj pa dealmaking-strategy

Philadelphia 32

Philadelphia NJ Community Bank Community 32

PYMNTS

OCTOBER 3, 2019

While Philadelphia Federal Reserve Bank President Patrick Harker believes it’s “inevitable” that central banks will eventually issue digital currencies, he warned that the United States shouldn’t be first in line. Bitcoin B2B Payments bitcoin digital currency digital payments News Philadelphia Federal Reserve Bank U.S

Philadelphia 149

Philadelphia Conference United States cryptocurrency 149

PYMNTS

MARCH 11, 2019

That was on display this week in payments and commerce, as cashless jumped forward in Atlanta with a big partnership, only to get the cold shoulder in Philadelphia where it is now banned by law. The city of Philadelphia certainly worried it is …. Lawmakers in Philadelphia have formally said no to cashless payments, passing a ban on stores and establishments that do not accept cash. The Philadelphia measure does have some exceptions.

Philadelphia 144

Philadelphia Atlanta Data Massachusetts 144

PYMNTS

MARCH 24, 2020

The Philadelphia Federal Reserve’s March Nonmanufacturing Business Outlook Survey showed steep declines Tuesday (March 24) in most data points, with three of them hitting all-time lows. Economy Coronavirus economy News Philadelphia Federal Reserve survey What's HotOne of the first Federal Reserve reports to measure the U.S. economy since the coronavirus pandemic began is pointing to a grim future.

Study 109

Study Delaware Pennsylvania New Jersey 109

PYMNTS

MARCH 24, 2020

The Philadelphia Federal Reserve’s March Nonmanufacturing Business Outlook Survey showed steep declines Tuesday (March 24) in most data points, with three of them hitting all-time lows. Economy Coronavirus economy News Philadelphia Federal Reserve survey What's HotOne of the first Federal Reserve reports to measure the U.S. economy since the coronavirus pandemic began is pointing to a grim future.

Delaware 100

Delaware Pennsylvania New Jersey Study 100

Jeff For Banks

JANUARY 18, 2014

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. Our Philadelphia Eagles excited us and made us optimistic that their 2014 will be bright.

Philadelphia 78

Philadelphia Policies Conference Taxes 78

Strategically Speaking

OCTOBER 15, 2020

The US banking industry has been a vital part of our nation all the way back to 1780 when the Bank of Pennsylvania was founded by Philadelphia merchants to fund the American Revolutionary War.

Philadelphia 116

Philadelphia Pennsylvania Community National 116

Jeff For Banks

MAY 4, 2020

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.

Marketing 78

Marketing Philadelphia Analysis Policies 78

BankDeals

APRIL 1, 2021

Tioga-Franklin Savings Bank offers its competitive Kasasa Cash, Kasasa Cash Back, and Kasasa Savers accounts in the greater Philadelphia metro area

Philadelphia 60

Philadelphia Metro 60

Payments Source

JANUARY 10, 2021

The Mint’s facilities in Denver and Philadelphia worked overtime in the second half of 2020 so that banks and retailers could get more change into customers’ hands.

Denver 85

Denver Philadelphia Retail US 85

PYMNTS

NOVEMBER 14, 2017

These conclusions are diametrically opposed to those released jointly just a few months ago by the Chicago and Philadelphia Fed economists, who determined that online lenders serve those who are systemically underserved by traditional financial channels and benefit greatly from their services. Alternative Finances alternative lending chicago fed Federal Reserve of Cleveland News online lenders online lending online loans Philadelphia regulations

Study 122

Study Online Lending Cleveland 122

Mobile Payments Today

AUGUST 24, 2017

That question was the focus of a breakout session Tuesday at the fourth annual CONNECT Mobile CX Summit in Philadelphia. The answer is complicated, which is usually the case with emerging technology options

Philadelphia 170

Philadelphia Mobile Technology 170

American Banker

JANUARY 10, 2021

The Mint’s facilities in Denver and Philadelphia worked overtime in the second half of 2020 so that banks and retailers could get more change into customers’ hands.

Denver 72

Denver Philadelphia Retail US 72

Matt Wilcox Pro

MARCH 18, 2019

As of July 1, cashless stores and restaurants in Philadelphia will be no more. Outside of a few exceptions such as parking lots, hotels, and car rental agencies, the Philadelphia City Council has deemed cashless businesses discriminatory. Existing cashless businesses will not be grandfathered but required to revert. If you have a bank account, as

Philadelphia 95

Philadelphia 95

Jeff For Banks

AUGUST 1, 2019

Dorothy Jaworski economic update economy financial markets jeff for banks Penn Community Bank Philadelphia economyFinancial Markets & Economic Update- Third Quarter, 2019 Summer is upon us and I cannot wait to get to the beach for vacation. What an amazing ride it’s been this year for bonds! Interest rates continued their steep decline into the second quarter. Longer-term interest rates are down more than a full 1.00% since their highs last November. GDP was +3.1%

Marketing 60

Marketing Philadelphia Analysis Risk Management 60

Jeff For Banks

APRIL 27, 2019

Dorothy Jaworski economic update financial markets guest post Penn Community Bank Philadelphia economyNever Satisfied The markets never seem to be satisfied. The Federal Reserve recently took heed of market and economic messages, ending its tightening campaign and beginning its “patience” campaign.

Marketing 60

Marketing Philadelphia Taxes Policies 60