Business
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Qlik: COVID-19 Has Brought Data, Analytics to the Forefront Like Never Before
By Jordan Morrow The year of 2020 has been thrown into a whirlwind. We have had natural and environmental disasters, COVID-19, and more. Yet, I think much good can come from this year, too, if we seize the opportunities we have. In the fields of data and analytics, data literacy and data science, there have…
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King of Prussia-based Vertex Set to Go Public This Year
Vertex, a family-owned King of Prussia company that tracks sales taxes for businesses around the world with its software, is planning to go public this year, writes Joseph N. DiStefano for The Philadelphia Inquirer. Goldman Sachs is leading the group of banks that are tasked with selling 21.15 million Vertex common shares on the Nasdaq…
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Conshohocken’s Firstrust Bank Is New Official Bank Sponsor of Philadelphia Eagles
Conshohocken-based Firstrust Bank is the new official bank sponsor of Philadelphia Eagles, write John George and Jeff Blumenthal for the Philadelphia Business Journal. The bank has signed an eight-year deal with the team which includes new Eagles-themed banking products such as Eagles checking accounts with debit cards featuring the team’s logo, in-stadium signage, and naming…
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See Which Montco ZIP Codes Received the Most PPP Loans of More Than $150K
Four Montgomery County ZIP Codes are among the highest recipients of federal Paycheck Protection Program loans of over $150,000 in the Philadelphia area, writes Kennedy Rose for the Philadelphia Business Journal. PPP was established to assist businesses to keep their staff on payroll during the COVID-19 pandemic by providing them with loans of up to…
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KOP’s Qlik Partners with Fortune Magazine to Launch ‘History of the Fortune 500’ Website
By Rick Jackson Qlik is excited to have launched the first-ever “History of the Fortune 500” as the official analytics partner of the Fortune 500. This unique data analytics site offers a window into the companies that have shaped America and the history that shaped them. We’ve developed the “History of the Fortune 500” site…
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‘Exact Change Only’. Local Businesses Struggle With Coin Shortage
Of all of the consequences of COVID-19, a national coin shortage wasn’t one we saw coming, writes Victor Fiorillo for phillymag.com. So why is there a national coin shortage? According to the U.S. Federal Reserve, the COVID‐19 pandemic has disturbed the normal circulation patterns for coins. Cash transactions declined significantly during the COVID-19 shutdown. That…
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Downingtown-Based PTZOptics to Once Again Host Full Day of Virtual Church Production Education
Worship Summit Live is back by popular demand. PTZOptics – a subsidiary of Downingtown-based Haverford Systems that manufactures pan, tilt, and zoom cameras for a variety of broadcast applications – will host Worship Summit Live 3, a virtual event, on Wednesday, July 29. The success of the first two Summits, held last winter and spring,…
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Horsham-Based Reliefband Technologies Raises $1.7M in Private Stock Sale
Horsham-based Reliefband Technologies recently raised $1.7 million in a private stock sale, writes John George for the Philadelphia Business Journal. The medical device company markets a product worn on the wrist designed to treat and prevent nausea. The watch-like device has key technology positioned on the underside of the wrist. It uses the delivery of…
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Paoli’s Covenant Bank Completes Merger with Wellsboro-Based Citizens & Northern Bank
Covenant Financial, which is headquartered in Doylestown and has a branch in Paoli, completed its merger with Wellsboro-based Citizens & Northern Corporation on July 1. The two parties previously announced the execution of an agreement and plan of merger on Dec. 18, 2019. Under the agreement, Covenant merged with and into C&N, and Covenant’s bank…
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Bryn Mawr Trust Sells All of Its PPP Loans to Third-Party Lender
Bryn Mawr Bank Corp. has sold all of its Paycheck Protection Program loans valued at over $300 million to The Loan Source, writes Jeff Blumenthal for the Philadelphia Business Journal. The third-party lender will now service the 1,850 loans that were previously handled by the bank. The bank did not disclose its gain on the…
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Coronavirus Pandemic Accelerates Bryn Mawr Trust’s Plans to Shift Significant Number of Employees to Remote Work
The coronavirus pandemic has accelerated Bryn Mawr Trust’s plans to shift a significant number of its employees to permanently working remotely, writes Jeff Blumenthal for the Philadelphia Business Journal. According to CEO Frank Leto, 40 percent of the company’s employees will continue to work from home after the offices reopen. During the last several months,…
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Downingtown’s HuddleCamHD to Offer Full Day of Professional Development for Video Communicators
With online meetings literally consuming our lives these past several months, have you ever considered spending time on professional development for online communications? Take a minute and think about how you’re presenting yourself on video. Are you constantly anxious about being on camera? What’s your communication style, and why should it matter? To inspire and…
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Qlik Stands with Its Colleagues in Fighting Against Racial Injustice
By Julie Kae Let’s learn from our kids. Over the past weeks, we’ve seen a lot of writings that begin with “Let’s teach our kids … ” surrounding the horrific issues facing our fellow black citizens. I actually don’t see us teaching our kids. Instead, I see our society as needing to learn from our…
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Philadelphia Magazine: Main Line Multimillionaire Wants to Take On Internet Itself in Effort to Promote Privacy
David Magerman, a Main Line multimillionaire who lives in Merion Station, wants to take on the internet itself to prevent tech giants from using our private data to manipulate the world, writes David Murrell for the Philadelphia Magazine. Magerman looked at the workings of companies that manipulate user data, such as the now infamous Cambridge…
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HuddleCamHD Exec Pens Book to Help Businesses Thrive in Shared, Online Work Environments
Paul Richards – the Business Development Manager of HuddleCamHD, a subsidiary of Haverford Systems in Downingtown – has written a new book to help businesses survive and thrive in shared, online work environments. The Online Meeting Survival Guide: Learn How to Use Facebook, Google Meet, Microsoft Teams, Skype, and Zoom to Enhance Team Communication will…
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COVID-19’s Arrival Is Pushing ‘Digital Switch’ Litmus Test to the Fore
By Dan Sommer In the midst of the coronavirus crisis, we live in uncertain times. I’m grateful in this chaos that my employer acted fast and took proactive measures, extending the digital and virtual working policies which Qlik largely put in place before this crisis, smoothing the transition. With “market intelligence” as part of my…
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Malvern Bank Helps Decades-Old Art Show Respond to COVID-19
What happens when a nonprofit’s most important annual fundraiser is closed because of the COVID-19 pandemic? That is the situation faced by the nation’s approximately 1.5 million nonprofits. The coronavirus has altered the lives of every American, and many businesses – including nonprofits – are facing dire economic repercussions as a result. “Many nonprofits are…
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Bala’s Osage Venture Partners Invests $3M After Vetting Software Company Remotely
Bala Cynwyd-Based Osage Venture Partners has made its first investment during the coronavirus pandemic while making sure to still follow social-distancing guidelines, writes Michelle Caffrey for the Philadelphia Business Journal. The firm invested $3 million into Malbek, after vetting the contract management software company remotely. It took Osage hours and hours of Zoom meetings combined…
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