PYMNTS

JANUARY 13, 2020

“We’ve long felt that the gaming and esports communities in the Southeast, especially the greater Atlanta metropolitan area, are vibrant and growing, and believe we have a location at [the] Mall of Georgia that will serve as a dynamic hub for esports experiences in the region,” said Jud Hannigan, CEO of Allied Esports.

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South State Correspondent

MAY 18, 2022

In two recent articles, we reviewed the banking industry’s deposit behavior with regard to cost of funding earning assets (COF) ( HERE ), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle ( HERE ).

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FICO

FEBRUARY 25, 2019

After a 2018 that had its highs and lows, what might 2019 have in store from a credit risk management standpoint? In 2019, enhanced credit underwriting via digitally contributed-consumer data will hit the mainstream. We will be closely monitoring the odds-to-score relationship in 2019. revolver vs. transactor).

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Trends Fraud Data National 63

PYMNTS

JULY 17, 2020

The Wall Street Journal reported the China Banking and Insurance Regulatory Commission intervened to take over four insurers, three securities companies and two trust firms that managed a total of 1 trillion yuan ($143 billion) in assets. In a statement, the commission said it would take control of Huaxia Life Insurance Co.,

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Independent Banker

JANUARY 31, 2022

This region has the kind of energy that draws people to a place and helps them and their businesses thrive. billion to the state’s GDP in 2019, according to state records. That year, installations further south, in the region that includes Brownsville and Corpus Christi, supported an estimated 41,000 jobs and contributed about $4.6

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PYMNTS

AUGUST 5, 2020

By region, Diageo’s Asia sales saw the biggest drop at 16 percent. The company attributed that to the fact that many countries in that region not only shuttered bars and restaurants, but also liquor stores. However, not all regions showed declines: North America bucked the trend and saw its sales rise 2 percent.

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South State Correspondent

MAY 9, 2022

In our previous article ( HERE ), we reviewed the banking industry’s cost of funding earning assets (COF), and we compared how community banks’ COF behaves relative to national banks in a rising interest rate cycle. percentage points to 67.52% from the end of 2019 to the end of 2021. from 2019 to 2021.

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PYMNTS

SEPTEMBER 19, 2019

In a joint report released this week with the United Nations Economic and Social Commission for Asia and the Pacific (UN ESCAP), the ADP again urged world leaders to combine their efforts in addressing the trade finance gap. Beyond APAC. Indeed, U.S.

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Jeff For Banks

NOVEMBER 24, 2019

The bank, First National Bank of Keystone, was $1.1 Harassment included a bellicose management team, scowls from the townspeople, and threatening sidewalk art outside of the bank. Another depressed town due to the general economic malaise that bedraggled the region when the steelmaking industry moved elsewhere.

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National West Virginia Virginia Pennsylvania 78

PYMNTS

MARCH 6, 2018

s exit from the bloc next year, the EU’s executive is set to propose a draft law aimed at boosting the FinTech market throughout the region. An EU framework would offer a European passport, and, at the same time, ensure the proper management of platforms and the protection of fund providers,” the draft document said.

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PYMNTS

NOVEMBER 17, 2019

The new group will provide a full suite of lending and banking products for growing technology companies at every development stage, including asset-based solutions, recurring revenue-based revolving lines of credit, treasury management, foreign exchange and more. “We million in the second quarter of 2019. “We

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Gonzobanker

DECEMBER 14, 2023

Meanwhile, technology changes continued at a breakneck pace, with generative AI the biggest topic around management tables. Honorable Mentions – while this was a quiet year for M&A, we tip our hat to Atlantic Union’s acquisition of American National Bank and Eastern Bank’s acquisition of Cambridge Bank.

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PYMNTS

DECEMBER 9, 2020

FIS and Worldpay combined in mid-2019, Fiserv and First Data combined shortly thereafter and Worldline SA purchased Ingenico earlier this year. Clearly there's regional saturation, which leads to consolidation.”. It’s just the latest in a series of mega-mergers seen throughout the industry.

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PYMNTS

OCTOBER 28, 2019

Wayfair case that allowed states and individual cities to launch tax policies aimed at remote sellers and marketplaces is still reverberating in 2019 and will likely affect online retail in 2020. In Q3 2019, 14 states started collected online sales tax and 11 more followed in October. eBay Makes a Deal. A recent survey of U.S.

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Taxes Online San Jose South Carolina 102

PYMNTS

JANUARY 7, 2019

Just a few days into the new year, early indications are that 2019 could shape up to be a “more is more” kind of a year. But the system has not yet managed its long-touted national expansion — and the issue at hand seems to be data processing. The attackers managed to make off with user names and passwords.

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Data Wyoming Idaho Utah 139

PYMNTS

MAY 22, 2020

The digitized journey for Citi’s clients starts even before onboarding, through identifying specific needs such as making payroll payments, forecasting cash flow or managing supply chains (and, by extension, supply chain finance). That’s especially true with companies that are not digital-native and are trying to manage risk and liquidity.

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PYMNTS

JANUARY 9, 2020

as there is in the rest of the world,” said Stephanie Martz, senior vice president and general counsel of the National Retail Federation (NRF) , the world’s largest retail trade association. Europe was the first region to adopt EMV technology, and sees a transaction rate of more than 99 percent. Recent findings have shown that 76.7

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PYMNTS

AUGUST 14, 2019

Peer-to-peer (P2P) payments are blazing a hotter path in the digital economy as the second half of 2019 gets underway – and there is fresh evidence that the payment method is not only growing, but helping to influence related endeavors. As for Venmo, it keeps growing, according to the latest financials from the second quarter of 2019.

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PYMNTS

DECEMBER 31, 2020

One study from 2019 found that 54 percent of 120 financial executives listed real-time payments as one of the most impactful emerging technologies, for example. Regional banks with $100 million to $250 billion in assets were likely to be in the process of adopting the rail or considering doing so.

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Payments Resources Survey Examples 168

Abrigo

JULY 22, 2022

that were unbanked as of 2019 may not be interested in jumping through the hoops required to open a traditional bank account. billion was laundered through cryptocurrency in 2019. million households in the U.S. Cryptocurrency’s open doors to a savings account may seem more appealing. . What's next. It is estimated that $2.8

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cryptocurrency FDIC Regulation Fraud 195

FICO

JUNE 21, 2021

However, other nations did not fare as well. After achieving the largest single reduction of any European country in 2019, the banks of the UK have repeated this, with the best net reductions of the 18 countries in this report for the second year running. Source: FICO European Fraud Map. . UK Led European Fraud Reduction.

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Fraud Cards Study Data 52

PYMNTS

JUNE 27, 2019

Digital enterprises are going regional and instant payments are going national (and earlier than originally scheduled). Nubank’s $10B Regional Expansion . We are fortunate to have Luiz on board to expand our presence in the region and help our customers address the challenges of cross-border payments.”.

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blockchain Payments Regional America 147

PYMNTS

AUGUST 15, 2019

Remittance payments might be on the rise in this region, but common pain points with cross-border money transfers have persisted, including a lack of transparency. The World Bank also noted that it is expensive to send money across borders, with the average fee for transferring $200 at 7 percent in Q1 2019.

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Fintech Innovation social media Regional 122

FICO

AUGUST 18, 2021

This post explores the credit card trends in the US, UK and Canada, reviewing regional differences and focussing on the impact of the pandemic. Risk appetites will vary among issuers as well, making the case for line management a decision process to be decided uniquely by each issuer. . Source: FICO. Above-Limit Spend. Source: FICO.

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Trends US Cards Regional 52

FICO

NOVEMBER 19, 2020

Regional lockdowns and the end of the school holidays appears to have curbed the increase in spend seen over the previous three months. The early part of November could well reflect extra spending ahead of the month-long national lockdown. percent above September 2019. Both monthly increases were higher than those seen in 2019.

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Report Marketing Cards Payments 52

CB Insights

DECEMBER 19, 2019

China and Hong Kong have been no exception to the trend: fintech companies in the region raised a record $26B in 2018, and exits in the sector have been elevated over the past few years. GET THE 88-PAGE q3 2019 FINTECH TRENDS REPORT. No billion-dollar fintech exits in the region occurred prior to 2017, as shown below.

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Fintech Regional Analytics Groups 51

FICO

NOVEMBER 11, 2019

Another theory is that people’s exposure to their credit reports and FICO® Scores, like seeing their updated FICO® Score on their monthly credit card statements, may have increased awareness and resulted in more prudent management of their personal finances. as of April 2019 is 706. The average FICO® Score for the U.S. Paul and Boston.

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Las Vegas District of Columbia US San Francisco 40

South State Correspondent

OCTOBER 28, 2022

During the two weeks, there were over a hundred significant cyberattacks by nation-states on national and regional banks that you could watch unfold in near real-time (bel0w) at Gartner and Money 20/20. That could be removing a mundane task such as fraud case management, or it could be a better employee onboarding experience.

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Conference Technology Las Vegas Trends 195

FICO

FEBRUARY 1, 2023

Despite many families so far managing to maintain their financial commitments — loans, credit card and mortgage repayments, as well as essential bills like utilities and rent — there are fears that rising inflation and interest rates may see a significant number struggle to make ends meet. A cloud-based platform is vital.

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Management Fraud Strategy Analysis 52

FICO

OCTOBER 20, 2020

Although early-stage delinquency rates (missed one or two payments) remain below 2019 levels, the uplift seen in July in consumers missing one payment continued in August and has meant a segment of accounts rolling straight into two missed payments. percent in the same period in 2019. percent lower than in August 2019.

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Report Cards Payments Trends 52

PYMNTS

JULY 19, 2019

Cleveland-based regional banking firm KeyCorp disclosed a massive instance of fraud that could potentially come at a cost of $90 million. The plan is to fully integrate the cloud-based processing solutions of PayWorks with Visa’s CyberSource digital payment management platform and large acquirer base. and closed at $204.87.

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Cleveland social media Fraud Google 128

BankUnderground

JULY 16, 2021

Beyond national accounts aggregates and small-scale surveys, data on how SMEs have performed through the Covid-19 crisis have been sparse. There were some regional differences in the scale of the crisis, although much less than for sectors. Figure 4: Estimated impact of Covid-19 on growth by region.

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US Data Comparison Regional 124

BankUnderground

APRIL 6, 2022

Further, recent research on GSC risks has shown that inventory management helps firms mitigate GSC shocks. Most firms involved in GSCs are aware of idiosyncratic shocks – those which affect single sectors or factories in single nations. From the 1990s until recently, shocks rarely involved many sectors/nations simultaneously.

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PYMNTS

AUGUST 5, 2019

Consumers worldwide appear increasingly receptive to subscription offerings, with a recent survey of those in 12 countries finding the share of adult respondents who have subscription services rose from 53 percent in 2014 to 71 percent in 2019.

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Payments Compliance Operations System 115

PYMNTS

SEPTEMBER 27, 2019

The card networks and nationally licensed banks working across state lines would violate the RICO anti-money laundering laws if they attempted to move the payment. Earlier this week, the Democratic-controlled House voted 321-103 on a bipartisan basis to pass the Secure and Fair Enforcement (SAFE) Banking Act of 2019.

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Taxes Compliance District of Columbia Industry 151

Jeff For Banks

NOVEMBER 16, 2020

Did you manage a vacation over the summer? Moody’s estimates that there is $70 billion in back rent across the nation. lower than its peak in the fourth quarter of 2019. By the way, our economy has done better than all other nations; for example, Europe is 4.3% The national unemployment rate peaked at 14.7%

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Marketing National New York City Taxes 78

PYMNTS

NOVEMBER 11, 2019

And while the last week had no shortage of players pushing ahead with big moves, there were three that managed to put up some pretty staggering early-season numbers. He also threw in the obligatory plug, noting that Massachusetts has a “nation-leading innovation economy with a highly educated and skilled workforce.”. India, the U.K.

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Apple Massachusetts Data Cards 101