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So Far, 2016 Is A Boom Year For Retail Bankruptcies

PYMNTS

Absolutely no need to panic, then — unless the topic is retail bankruptcies , which increased year over year by 24 percent. Such is the double-edged sword of a retail industry swept up in innovation. For every new path cut through the market, the retailers standing in the way are cut down. January — Wet Seal. As of Feb.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Charlotte, Houston, Phoenix, New York, Austin, Denver, Orlando, Miami, and Nashville, many banks have not adjusted pricing or their credit appetite. Sectors like office, retail, and hospitality, are even worse. For 2023, banks need to prioritize interest rate risk management and credit accuracy as a top priority.

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US Bankcards Industry Benchmarking Trends: 2023 Q1 Update

FICO

Census Bureau reports advanced estimates that retail sales were down 1.2% If you are a Risk Manager, you should be reviewing lending strategies to ensure customers are receiving the right treatment across the lifecycle and getting the help that is needed if debts cannot be fulfilled. from February 2023 to March 2023.

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US Bankcards Industry Benchmarking Trends: 2022 Q4 Update

FICO

Risk Managers should be reviewing lending strategies to ensure customers are receiving the right treatments across the lifecycle and getting the help that is needed if debts cannot be fulfilled. Leanne Marshall Leanne Marshall is a Senior Strategy Consultant with FICO Advisors for North American Credit Risk Lifecycle Practice.

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CFPB announces new appointments to advisory groups

CFPB Monitor

Lynn Drysdale, Managing Attorney, Consumer Law Unit, Jacksonville Area Legal Aid, Inc., Retail Bank, Citibank, New York, NY. Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Linda Feighery, Vice President and Community Reinvestment Act /Fair Lending Officer for Citywide Banks, Denver, CO.

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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

In the late 90s, low interest rates made speculative equity investments more attractive than bonds, and at the same time, innovative internet companies grew in popularity among retail investors, professional traders, venture capitalists, and the like (familiar?). Some seemed panicked. But we still had plenty of liquidity, right?

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Fintech Fundings: 29 Companies Raise $1.2 Billion Week Ending April 8

Fintech Labs Insights

Retailer point-of-sale system. Data for B2B analytics & risk management. HQ: Denver, Colorado. Tags: SMB, credit evaluation, risk, valuations, underwriting, analytics, Finovate alum. Latest round: $5 million. Total raised: $45 million. HQ: Boston, Massechuesetts. Source: Crunchbase. Latest round: $4.6