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Reading The Tea Leaves Of Post-Pandemic SMB Lending

PYMNTS

That's especially true for small and medium-sized businesses today, which, while hoping to plan for growth in the coming years, are more often looking toward resources that can help them survive in the next few weeks and months. They're also tasked with choosing the best route to obtaining working capital as the number of options grows.

Lending 233
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BitX Funding Strikes Equipment Finance Alliance

PYMNTS

Small business lending marketplace BitX Funding has struck an alliance with transportation equipment finance company Pelagic Capital, the companies said in a press release Tuesday (May 28). Late last year alternative lender OnDeck Capital introduced equipment financing to its suite of financing products for small businesses.

Capital 128
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Commercial Real Estate or Business Lending: Which Is Better?

Jeff For Banks

In a world of limited resources, which should you dedicate resources to pursue? The charts below show the pre-tax profits as a percent of the total product portfolio during different rate scenarios compared to the Fed Funds Rate. Take a more normal rate scenario at the end of 2018, when FF stood at 2.50%. CRE still wins.

Lending 78
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Walgreens Fights Promotion Abuse With Digital Tracking

PYMNTS

Account takeovers and shipping fraud increased by 347 percent and 391 percent, respectively, between 2018 and 2019, and the pandemic has only exacerbated these issues. Fraudsters are also capitalizing on the holiday shopping season as merchants experience higher online shopping rates than ever before due to social distancing orders.

Fraud 255
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Asure Merger Consolidates Payroll Market

PYMNTS

A press release said USA Payroll is a reseller of various payroll and human resources solutions, including Asure’s HRIS platform, Evolution. Furthermore, USA Payroll provides customers with payroll and tax services, timekeeping, third-party administration and other back-office services.

Marketing 108
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Bankers: Who Has These Three Drivers of Value?

Jeff For Banks

Excess Capital 3. In 2018, I searched for individual financial institutions that met each of these criteria. I defined excess capital as top quartile tangible equity to assets for the most recent year ended 2019. I consider this corporate generosity to be the natural evolution of capitalism. The three attributes were: 1.

Lending 109
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Where is IFRS 9 taking the cost of funding of banks?

BankUnderground

In 2018, IFRS 9 came into effect, replacing IAS 39. How IFRS 9 affects the level of equity capital. As Figure 2 demonstrates, IFRS 9 increases the level of credit loss provisions, reducing after-tax profit and retained earnings (the main component of equity capital resources) of a bank. Mahmoud Fatouh.

Capital 96