PYMNTS

APRIL 25, 2018

Capital One logged stronger than expected results when it posted its earnings yesterday — the growth was driven largely by rising interest rates and an uptick in its largest lending categories, cars and cards. Supply of card credit is on the high side, although it has settled out a bit. billion from a year earlier.

Capital 100

Capital Lending Cards Taxes 100

PYMNTS

JUNE 5, 2019

Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them novel) are only half the battle. To get a sense of how the world of payments and cards has changed, Cregan told Webster a story about a conference he attended in Las Vegas in 2009. Take payroll cards.

Cards 158

Cards Las Vegas Innovation Mobile 158

Abrigo

MAY 11, 2021

Takeaway 1 Global cash flow can provide a more holistic lending picture as lending decisions have become more complex. Many financial institutions use global cash flow analysis in their lending process. A common misstep seen in lending departments is the belief that a guarantor improves an applicant’s credit quality.

Analysis 195

Analysis Lending Taxes Comparison 195

PYMNTS

AUGUST 28, 2018

It was supposed to be a strong year for lending across the board, after a stumpy 2017, which saw numbers in both consumer and commercial lending tending toward a slump. It was almost like a dam broke when the tax legislation got enacted,” said Steve Steinour, CEO of Huntington Bancshares Inc. As of early 2018, U.S. Bancorp said.

Lending 100

Lending Taxes Rhode Island Regional 100

MyBankTracker

MARCH 24, 2021

The 2021 tax season is likely to stand out from previous years as many Americans might need their tax refunds more than ever. According to a recent MyBankTracker survey, Americans are most likely to put this year’s tax refunds into savings, which may not come as a surprise. percent) of a tax refund for the 2021 tax season.

Taxes 52

Taxes Survey Study United States 52

PYMNTS

OCTOBER 1, 2020

Consumers and microbusinesses now get an average of two disbursements each year, excluding tax disbursements from local, state and federal governments. For instance, instant payments are most prevalent in the worlds of wages, insurance disbursements and lending payouts, according to the survey results. Fast Fact No.

Trends 306

Trends Study Taxes Payments 306

PYMNTS

MARCH 12, 2019

Nature abhors a vacuum, as the saying goes, and we might say the same for corporate lending. where smaller firms seem stuck in a limbo of fragmented lending solutions, and where loans are pricier than might be seen elsewhere. Data helps lenders make the best risk-adjusted lending decisions.

Lending 100

Lending Marketing Capital Data 100

PYMNTS

AUGUST 7, 2018

Traditional institutions are picking up steam in their efforts to collaborate with alternative financiers and FinTech firms, largely viewed as a way to spin the competition into allies and upgrade their lending services without the burden of in-house R&D. However, the Federal Reserve ‘s latest analysis of the U.S.

Lending 100

Lending Survey National Trends 100

Abrigo

SEPTEMBER 20, 2023

1st-party debit or credit card fraud : Card fraud causes financial institutions significant monetary losses. Several types of card fraud should be understood: Chargeback fraud : A customer buys something with a credit or debit card and then claims to their card company that the payment was fraudulent to get back the funds fraudulently.

Fraud 195

Fraud Trends Cards Software 195

PYMNTS

FEBRUARY 1, 2021

Today in B2B payments, TD Bank forms the new Commercial Bank, FLEETCOR acquires Roger, and City National Bank pairs up on virtual corporate cards. Plus, OnPay strikes accounts payable partnership and an OECD digital tax deal looms. City National Bank, Extend Team on Virtual Corporate Cards.

Taxes 130

Taxes New York City National New York 130

TheGuardian

MAY 4, 2021

Consumers repaying credit card debts and manufacturing booming as Covid restrictions ease, new figures show Mortgage borrowing in the UK has reached its highest level since modern records began as buyers rushed to beat the now-extended stamp duty holiday deadline.

Lending 81

Lending Taxes Cards Marketing 81

PYMNTS

FEBRUARY 23, 2018

23) that it uncovered “methodological issues” with how it calculates credit card interest rates and will offer “remediation” to those customers impacted by such calculations. The company disclosed it “self-reported” the findings to regulators, said Reuters, as pertains to Regulation Z and the CARD Act.

Cards 109

Cards United States Regulation Taxes 109

Payments Source

APRIL 27, 2018

The credit card lender reported a decline in pretax earnings, but a sharply reduced tax bill led to a 17% profit gain.

Taxes 62

Taxes Cards Report Lending 62

PYMNTS

OCTOBER 5, 2016

The use of prepaid cards has exploded over the last decade or so — in 2003 consumers put less than $1 billion on prepaid cards annually, but by 2012 that figure had grown to $65 billion and by 2018 that figure is projected to reach as much as $121 billion. The user base of prepaid cards has grown significantly as well.

Cards 189

Cards Google Tools Regulation 189

PYMNTS

JULY 18, 2016

Lending Club continued to prove there is almost always more to the story, American Express announced a surprise collaboration with Airbnb and PayPal pushed harder into B2B payments. Lending Club’s Latest Bad News. The last several weeks of news for Lending Club suggest that there’s a little of both to be had here.

Lending 100

Lending Payments Metro Cards 100

PYMNTS

JULY 19, 2020

Among the problems is a history of bad lending decisions and poor governance, the newspaper reported. Sunil Mehta, CEO of the Indian Banks Association, a Mumbai-based trade association, said he has asked the government to extend tax relief to airlines and others or they will collapse and hurt lenders’ loan books.

System 204

System Taxes Mobile Analysis 204

PYMNTS

NOVEMBER 10, 2019

Goldman Sachs is being investigated for gender discrimination related to the algorithms it uses when deciding on credit limits for the new Apple Card. The posts got a lot of attention, with Apple co-founder Steve Wozniak even weighing in.

Apple 102

Apple Cards New York Washington 102

Abrigo

JULY 19, 2017

One of the most common ways to import the data from a tax return into a digital system is to use Optical Character Recognition (OCR) software. This technology utilized light-detecting photocells to “read” patterns on a paper card. This happens when a computer sees an image of a tax return.

Taxes 150

Taxes Software Data Lending 150

BankBazaar

JUNE 23, 2019

If you own a vehicle, you will know how important an RC book/card is. Today, you will receive your RC copy in the form of a Smart Card. So, it is impossible for anyone to fool the policeman with the wrong smart card, except if he doesn’t know how to read! But, what do you do if you lose the original smart card of your vehicle?

Cards 84

Cards Taxes Regional Lending 84

Jeff For Banks

APRIL 12, 2018

When I first read Standards Needed for Safe, Small Installment Loans from Banks, Credit Unions by the Pew Charitable Trusts that encouraged financial institutions to get back into small ticket consumer lending, I thought “what are they nuts!” So why would banks expand small-ticket, unsecured personal lending? Real estate secured.

Lending 60

Lending Resources Community Metro 60

PYMNTS

NOVEMBER 13, 2020

But it was a Banking-as-a-Service company that led the roundup this time, with one startup looking to expand into Credit Cards-as-a-Service with its latest investment. Osome connects small and medium-sized businesses to a digital business assistant app to automate accounting, payroll and tax compliance workflows. and Hong Kong.

Capital 229

Capital Cards Fintech Payments 229

Gonzobanker

AUGUST 17, 2022

Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt. Lending Tech With Almost Steady Grades (Even With Rough Semesters). First, there was the drama leading up to the breakup with the rich hottie.

Fintech 184

Fintech Lending Software Compliance 184

Qudos Bank

FEBRUARY 15, 2024

Consider taking a card Having a credit or debit card handy may help add convenience to your trip, as it could eliminate the need for carrying large amounts of hard cash. It also includes complimentary membership as a Qantas Frequent Flyer – allowing you to earn Qantas points * with every eligible card purchase.

How To 52

How To ATM Taxes Cards 52

South State Correspondent

MAY 13, 2024

More states require greater disclosure and control over what banks and card processors can charge. The rule would require disclosure of interest rates and fees on overdraft loans, thus closing the current loophole in overdraft loans from the Truth in Lending Act.

Conference 195

Conference Payments Fraud Data 195

PYMNTS

MARCH 19, 2018

According to forecasts from Mercator Advisory Group, $700 billion in small business spend will land on cards by 2022. Issuers might accelerate movement if they give small business owners the same protections afforded to consumers in the CARD Act,” the executive noted. Twenty percent tax breaks may cause some U.S.

Taxes 150

Taxes Survey Analysis Cards 150

PYMNTS

JANUARY 23, 2020

Drilling down into results, the company said that card loans were up 6 percent to $77.2 He noted, “we expect merchandise balances will continue to be a primary driver of card growth in 2020.”. billion, while student loans increased by 3 percent or $288 million, and personal loans increased by 3 percent or $233 million.

Payments 130

Payments Conference Taxes Cards 130

PYMNTS

APRIL 16, 2018

tax reform, and strong economic growth around the globe is also benefitting these players. Lower corporate tax rates led JPMorgan Chase to post an 8.6 percent decline of income tax expenses, which hit $2.56 She added that higher interest rates and tax cuts are also expected to continue boosting profits. JPMorgan Chase.

Taxes 100

Taxes Lending Operations Data 100

South State Correspondent

OCTOBER 4, 2023

You can’t get ten triple-digit project ROIs in a row in lending, credit, mortgage, wealth, insurance, or several other areas. Build a campaign to acquire new customers or, at a minimum, remind your current customers to save for taxes, incentive compensation, emergencies, or any number of other items. Marketing can.

Marketing 195

Marketing Taxes Training Management 195

PYMNTS

NOVEMBER 10, 2017

The November edition of the PYMNTS.com Disbursements Tracker™ , powered by Ingo Money, looks at how several global industries, including insurance, ridesharing, lending and fitness, are moving ahead with more efficient disbursement tools that are further rendering the paper check irrelevant. Deep Dive: Direct Deposits and Tax Returns.

Tools 101

Tools Trends Payments Taxes 101

PYMNTS

OCTOBER 22, 2018

JetPay ’s services include card acceptance, processing, payroll, payroll tax filing, human capital management services and other financial transactions. The company said it provides a single vendor solution for payment services, debit and credit card processing, ACH services, and payroll and human capital management needs.

Payments 136

Payments Pennsylvania Capital Strategy 136

PYMNTS

JULY 16, 2019

Absent a boot from tax benefits that lifted earnings by 23 cents, adjusted earnings were $2.59, better than the $2.50 In terms of the consumer, supplemental materials provided by the bank alongside earnings showed that credit card loans were up 8 percent year on year to $157.6 Within that segment, card income was $1.2

Mobile 108

Mobile Cards Community Bank Conference 108

PYMNTS

AUGUST 14, 2020

There’s been no shortage of big payments and FinTech announcements over the past few days, such as Apple ’s bundle bet, Goldman Sachs ’ move to bid on the General Motors credit card or Square ’s decision to test small-dollar, short-term loans. But they had already done this on the merchant side and were wildly successful with it.”.

Fintech 300

Fintech Apple California Google 300

CFPB Monitor

JULY 27, 2015

The Department of Defense (DoD) dramatically expanded the scope of the Military Lending Act (MLA) on July 22, 2015, publishing its Final Rule amending the MLA’s implementing regulation. The DoD consulted with the CFPB in developing the Final Rule, and the CFPB actively supported the DoD’s plans to expand MLA coverage.

Lending 60

Lending Taxes Cards Regulation 60

PYMNTS

MARCH 8, 2019

The implication is millennials have taken on more debt — right into a period when debt is becoming increasingly tougher to shoulder especially with, say, credit cards, where debt can have variable interest rates. PayPal Lending: Takes off in the U.K. , Housing too small, too expensive to buy in the first place, and tough to maintain.

Millennials 109

Millennials Taxes Lending Regional 109

CFPB Monitor

APRIL 11, 2016

A number of prominent industry trade groups have written to the Department of Defense (DoD) seeking clarifications to the Military Lending Act (MLA) final rule adopted in July 2015 that dramatically expanded the scope of the MLA’s coverage.

Groups 60

Groups Lending Regulation Taxes 60

PYMNTS

JANUARY 24, 2019

A server running an Elasticsearch database contained sensitive data from as far back as 2008 that included loan and mortgage agreements, repayment schedules and other financial and tax documents. Unfortunately, the server wasn’t password protected, giving anyone access to the documents.

Taxes 155

Taxes New York Security Data 155

CFPB Monitor

SEPTEMBER 2, 2016

The American Bankers Association, joined by six other prominent industry trade groups, is seeking a six-month extension of the date by which depository institutions must comply with the Military Lending Act (MLA) final rule adopted by the Department of Defense (DoD) in July 2015 that dramatically expanded the scope of the MLA’s coverage.

Compliance 79

Compliance Groups Lending FDIC 79