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Attempted robbery of armored truck in Northeast Philadelphia could be linked to other robberies, sources say
Attempted robbery of armored truck in Northeast Philadelphia could be linked to other robberies, sources say

CBS News

time15-07-2025

  • CBS News

Attempted robbery of armored truck in Northeast Philadelphia could be linked to other robberies, sources say

Police are investigating an attempted robbery of an armed Brinks truck in Northeast Philadelphia on Tuesday morning. The attempted heist happened in the 8200 block of Castor Avenue around 11:30 a.m., the Philadelphia Police Department said. Police preliminarily believe a guard likely fired shots during the attempted robbery. Chopper 3 was over the scene on Castor Avenue. Investigators are looking for surveillance video in the area. No arrests have been made. It's unclear if anyone was struck by gunfire. Police are currently checking nearby hospitals for possible shooting patients. This was at least the fourth robbery of an armored truck in the city over the last month. Police said the first truck was hit for $3 million. PPD sources said they're looking at these as a potential pattern. The PPD and the FBI Task Force are collaborating on the investigation. This is a developing story and will be Holden, Rory Hardenstine and Dan Snyder contributed to this report.

Brinks truck robbed in Philadelphia; police investigate if other thefts from armored trucks are connected
Brinks truck robbed in Philadelphia; police investigate if other thefts from armored trucks are connected

CBS News

time03-07-2025

  • CBS News

Brinks truck robbed in Philadelphia; police investigate if other thefts from armored trucks are connected

An armored truck carrying cash was robbed Wednesday outside of a store in Northeast Philadelphia, police said. This is at least the third armored car robbery in the city in as many weeks, a review of recent reports from police show. And police said they are investigating whether the incidents may be connected. The most recent incident occurred July 2 at the Holmesburg Shopping Center on the 8400 block of Frankford Avenue near Ashburner Street in Northeast Philadelphia. Chopper 3/CBS News Philadelphia Images from Chopper 3 showed the truck cordoned off with police tape in front of the Dollar General store in the shopping center. Police said a Brinks security officer had just picked up cash from a store and was walking outside when an armed person confronted him and told him not to move. The Brinks guard attempted to reach for his gun when two other people came out of a silver 2022 Honda Accord that was parked behind the armored truck. One of the suspects held a black AR-style rifle and pointed it at the Brinks officer, according to police. "During the confrontation, one suspect took the money bag, while another removed his Brinks-issued handgun from its holster," a police news release reads. The three suspects also ordered the driver to open the truck, but they couldn't get full access due to the security locking system. They then got in the Honda and fled north on Frankford Avenue. Police didn't say how much money was taken. "The investigation remains active and ongoing, including efforts to determine whether this incident is connected to previous similar robberies involving armored transport services," the news release said. Recent armored truck robberies in Philadelphia There is a common detail in each account of the recent armored truck robberies in the city. In each incident, the driver's service weapon was taken. Police said one Brinks armored truck was robbed on Saturday, June 21, outside the Home Depot on the 2500 block of Castor Avenue. Two men in black clothing and ski masks took a firearm and money from the truck, according to police. The men fled in a black Hyundai headed southbound on the 3700 block of Thompson Street. Another robbery occurred on June 26, at the Aldi store on the 5200 block of Whitaker Avenue. Police said a group of thieves escaped with $1,000 and a gun after robbing a Loomis armored truck making a delivery to the store. The gun stolen in the incident belonged to the Loomis truck driver, per police. After the holdup, the suspects then got into a brown Nissan driven by a getaway driver. Map shows where recent armored car robberies occurred in Philadelphia The three most recent robberies all took place in or near Northeast Philadelphia. Two were close to Interstate 95, a major highway, and the other was not far from Roosevelt Boulevard. The map below shows the locations of recent armored truck incidents in the city of Philadelphia. CBS News Philadelphia/Mapcreator

Cash remains a major factor in UAE payments sector
Cash remains a major factor in UAE payments sector

Khaleej Times

time30-06-2025

  • Business
  • Khaleej Times

Cash remains a major factor in UAE payments sector

Digital payments in the UAE increased by over 30 per cent in 2024, driven by the widespread use of e-wallets and contactless payments, according to the UAE Central Bank. However, cash remains widely used in sectors such as retail, hospitality, and transportation, where daily cash transactions are commonplace. Brink's, a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services, has agreed a strategic joint venture (JV) with Meedaf, the ADGM-licensed entity launched in April 2025 to serve financial institutions across the GCC. As the first strategic partnership in the Middle East & North Africa (MENA) region on the Meedaf platform, the new joint venture with Brink's will empower financial institutions' innovation potential by harnessing Brink's global technology, infrastructure, and operational expertise to establish elevated standards in cash management and ATM managed services throughout the UAE and beyond 'Brink's solutions have evolved from traditional cash handling to include secure logistics and financial support. Our smart safes and automated deposit systems allow businesses to automate cash collection and reconciliation, lowering manual errors and operational risks. Real-time data and analytics improve routing and scheduling for cash-in-transit (CIT), enhancing efficiency and security,' said Nader Antar, EVP and President, Brink's IMEA and APAC and Brink's Global Services. As the first strategic partnership in the Middle East & North Africa (MENA) region on the Meedaf platform, this collaboration will empower financial institutions' innovation potential by harnessing Brink's global technology, infrastructure, and operational expertise to establish elevated standards in cash management and ATM managed services throughout the UAE and beyond,' he added. A key gap in the UAE market is the integration of physical cash management with digital financial infrastructure, especially for businesses operating in hybrid cash and digital environments. Many SMEs and retailers still handle large cash volumes while moving toward digital payments. 'We are introducing smart retail cash management technologies, including smart safes, recyclers, and real-time deposit systems. These tools help automate cash reconciliation, reduce in-store cash exposure, and provide same day credit, reducing risk and improving cash flow,' Antar said. The UAE cash market is evolving alongside the digital landscape. Government initiatives, fintech innovation, and changing consumer behaviour are accelerating the move toward digital payments, yet cash continues to play an essential role across various sectors, . 'While the share of cash usage is not as high as it used to be, it remains preferred for small transactions, remittances, and daily wages, particularly among the UAE's large expatriate workforce, which makes up nearly 60 percent of the population. Industries such as retail, hospitality, transportation, and construction continue to rely on cash, and SMEs operate in hybrid models, accepting both digital and cash payments to remain inclusive. Security and efficiency remain top priorities for these businesses. Smart cash management solutions like safes, recyclers, and deposit systems that connect directly to digital accounts are seeing increased adoption,' Antar said. Future frameworks are likely to focus on ensuring both digital and cash-based systems are secure, interoperable, and efficient. In short, the volume of cash in circulation may shrink, but the complexity of managing it is growing. The future lies in smarter, secure cash handling that is digitally integrated and customized for cash intensive sectors. 'Companies that effectively integrate physical and digital solutions, as Brink's is doing, will remain central to the UAE's evolving financial landscape,' Antar said.

Eagles must capitalize before the window on a competitive advantage closes
Eagles must capitalize before the window on a competitive advantage closes

USA Today

time26-06-2025

  • Sport
  • USA Today

Eagles must capitalize before the window on a competitive advantage closes

The Eagles are in a rare position to do something magical but had better hurry before an advantage they have vanishes. We still have some time before this becomes the biggest story surrounding the Philadelphia Eagles, but if the National Football League hasn't taught us anything else, it's this. Nothing lasts forever, and time certainly flies. Think about Jalen Carter. He's already entering the third year of his rookie deal. Philadelphia has a fifth-year option baked into his contract that they can exercise (and they will), but it won't be long before it's time to back up the Brinks truck. During his four seasons in Philadelphia, Milton Williams typically hovered around being the third or fourth defensive tackle on the depth chart. He earned a small fortune by leaving during the offseason. That being said, ask yourselves a question. If Williams is set to earn $104 million over four seasons, what might Carter's price tag be when his number comes up? The Eagles can't afford to waste a fleeting edge Please accept the sincerest apologies if these types of conversations give you unnecessary anxiety. Be encouraged. The Eagles are the best at handling these types of organizational decisions. You can best believe that Howie Roseman will figure all of this out. That does bring up another theory. With so many young players in the core on rookie deals and contracts that are inexpensive by NFL standards, Philadelphia is well-positioned to achieve great things in the immediate future. They are home to the NFL's least expensive defense. Philadelphia walks into the 2025-26 season with Jordan Davis playing on a fifth-year option. Reed Blankenship and Nakobe Dean are in the final year of their rookie deals, albeit in contract seasons. Decisions will need to be made about their futures relatively soon. Quinyon Mitchell, Cooper DeJean, and Kelee Ringo are still playing on rookie deals. Andrew Mukuba, Ty Robinson, and Jihaad Campbell were just drafted this past April as cornerstones for the future. Don't forget about Nolan Smith. He was drafted in the same first round that Philadelphia selected Jalen Carter in (2023). He also has a fifth-year option baked into his contract, but he'll also need to be paid soon. Teams always relish the opportunity to surround young and still-inexpensive quarterbacks with elite talent. There's an akin feeling to having so many young and inexpensive defenders on the roster. After seeing what the Eagles' defense did in Super Bowl 59, there's a buzz growing as fans and the media ask how good Vic Fangio's defense can be. Barring anything tragic, Philadelphia has a chance to compete for several more seasons. They better make the most of their opportunity. It may be a long time before they'll have a unit that is this young, this good, and this inexpensive again.

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