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Wednesday, February 24, 2021
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SBA releases details on PPP loans

By Kiernan Nicholls This story was originally published by the  Investigative Reporting Workshop,  a nonprofit,  nonpartisan newsroom at the American University School of Communication.  After months of legal tussling, the Small Business Administration released detailed data...
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FDIC ends compliance order for North Wilmnington-based Bancorp

The Bancorp, Inc. announced that the Federal Deposit Insurance Corporation (has terminated its Consent Order with the Bank principally related to consumer compliance and third-party risk management. The termination of this Consent Order concludes all...
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Tech Hire Delaware launches info technology apprenticeship program

In partnership with the Delaware IT Industry Council, Tech Impact's Tech Hire Delaware program announced the launch of the Delaware  IT Technology Support Apprenticeship program. The new program, with funding supported by JP Morgan Chase...
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Guest view: Technology, Hype, and the Future:  Cryptocurrency

By James H. Lee The view is always better from the edge.  In this new column for Delaware Business Now, I'll cover new technologies and growth investments.  As a professional futurist, I keep my finger...
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Financial services remains a bright spot for Delaware

Good afternoon, It wasn't that long ago that some in Delaware's gloom and doom crowd were predicting that the state's financial service industry was on the bubble. Their argument -  the quality of life was low,...
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Collins to step down as state’s chief technology officer

Delaware Chief Information Officer (CIO) James Collins will step down later this month after nearly 20 years with the state. The past six years were spent as head of the Delaware Department of Technology...
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M&T offers financial technology platform that manages trust accounts from law firm bank accounts

Nota's market niche is small and mid-sized firms M&T Bank  unveiled Nota, a new fintech solution to help lawyers manage their trust accounts by using information directly from their bank accounts. Built primarily for small law...
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Lidl confirms Bear store opening by the end of 2021

Lidl US announced plans today to open 50 new stores by the end of 2021. The only Delaware store on the list is a location on Route 40 at the site of the former...
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Pre-Covid survey: Information technology remains top priority for Delaware employers

Delaware Prosperity Partnership has announced results of a focus group survey aimed at building  an information technology talent pipeline. While launched pre-Covid-19, the findings of the analysis are relevant as Delaware businesses are facing strong...
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Sallie Mae reports second quarter loss

  Student lender Sallie Mae reported a loss in the second quarter. The loss per share totaled 23 cents, driven by a $243 Million increase to the provision for credit losses, due to future impacts from...